Funding arb · Price arb /

UB

all UB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%

Price spread now: KuCoin against HTX−0.180%7-day average −0.130% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.047%+$5 on $10k

Price spread, last 4 days (all we have)+0.097%+$10 · spread now −0.180%, 7d avg −0.130%

Together, before fees+0.144%+$14 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: KuCoin is 0.050% cheaper against HTX than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.130%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX UB-USDT	0.1495	0.0100	pay 0.0050% / 4h	1h 24m	$16K	$308K	20x
Short	KuCoin UBUSDTM	0.1493	0.0100	get 0.0050% / 4h	1h 24m	$1.0M	$979K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against HTX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee HTXbpFee KuCoinbpOrdersPrice spread, now −0.180%Rate

Funding earned: $0
Price spread: −0.180% → −0.130%: −$4.98
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$28.98
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 17 min ago; KuCoin: live order book, 10 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 17 min ago	25.29 bp	71.3 bp −$71	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 10 min ago	13.10 bp	108.5 bp −$109	828.1 bp −$8,281	doesn't fit	doesn't fit

UB on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UBUSDT	+0.0100%	4h	0.1494	−0.060%	$3.1M	$14.5M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1492	−0.214%	$966K	$2.2M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1493	−0.181%	$1.5M	$12.1M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1492	−0.241%	$1.5M	$3.3M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1494	−0.114%	$699K	$652K	100x	as long as short
KuCoin UBUSDTMshort	+0.0100%	4h	0.1493	−0.180%	$1.0M	$979K	20x
Bitget UBUSDT	+0.0100%	4h	0.1493	−0.134%	$2.4M	$2.9M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1494	−0.114%	—	$2.6M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1490	−0.332%	$425	$8K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1493	−0.131%	$38K	$270K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX UB-USDTlong	+0.0100%	4h	0.1495	long leg	$16K	$308K	20x
Extended UB-USD	+0.0104%	1h	0.1493	−0.137%	$3K	$115K	5x	as long as short
BloFin UB-USDT	+0.0144%	4h	0.1496	+0.060%	$162K	$843K	50x	as long as short
Aster UBUSDT	+0.0497%	4h	0.1495	−0.020%	$406K	$115K	5x	as long as short