Funding arb · Price arb /

UB

all UB markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: BingX against KuCoin+0.136%7-day average +0.038% · you sell dearer than you buy

Net, funding: paid 7d − costs−$466as in the Funding arb table

Net, price: spread back to 7d avg − costs−$460as in the Price arb table

costs, in and out, $10k−$4704.703% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.046%+$5 on $10k

Price spread, last 7 days−0.081%−$8 · spread now +0.136%, 7d avg +0.038%

Together, before fees−0.034%−$3 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: BingX is 0.099% dearer against KuCoin than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.038%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin UBUSDTM	0.1469	0.0100	pay 0.0050% / 4h	1h 45m	$1.1M	$1.4M	20x
Short	BingX UB-USDT	0.1471	0.0100	get 0.0050% / 4h	1h 45m	—	$2.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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 KuCoinbpFee BingXbpOrdersPrice spread, now +0.136%Rate

Funding earned: $0
Price spread: +0.136% → +0.038%: $9.86
Slippage, 4 orders: −$448.29
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$460.43
Costs to cover: 4.703%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; BingX: live order book, 4 min ago.

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 KuCoin live order book, 5 min ago	14.62 bp	291.9 bp −$292	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 4 min ago	3.41 bp	34.4 bp −$34	120.4 bp −$1,204	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
BloFin UB-USDT	+0.0098%	4h	0.1473	+0.266%	$161K	$1.2M	50x	as long as short
Binance UBUSDT	+0.0100%	4h	0.1472	+0.179%	$3.2M	$16.5M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1470	+0.047%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1471	+0.089%	$1.3M	$16.0M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1470	+0.048%	$1.5M	$3.3M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1472	+0.184%	$645K	$692K	100x	as long as short
KuCoin UBUSDTMlong	+0.0100%	4h	0.1469	long leg	$1.1M	$1.4M	20x
Bitget UBUSDT	+0.0100%	4h	0.1471	+0.123%	$2.4M	$3.6M	50x	as long as short
BingX UB-USDTshort	+0.0100%	4h	0.1471	+0.136%	—	$2.7M	—
Variational Omni UB	+0.0100%	4h	0.1466	−0.199%	$92	$5K	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX UBUSDC	+0.0100%	4h	0.1473	+0.250%	$37K	$260K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1472	+0.150%	$16K	$179K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1472	+0.153%	$948	$176K	5x	as long as short
Aster UBUSDT	+0.0719%	4h	0.1474	+0.295%	$400K	$200K	5x	as long as short