UB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0028%/8h= +3.1% APRnext payment +$0.14 per $10,000 · paid last 24h +0.009%

Price spread now: BloFin against KuCoin+0.235%7-day average +0.086% · you sell dearer than you buy

Net, funding: paid 7d − costs−$404as in the Funding arb table

Net, price: spread back to 7d avg − costs−$383as in the Price arb table

costs, in and out, $10k−$3983.980% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.059%−$6 on $10k

Price spread, last 4 days (all we have)−0.181%−$18 · spread now +0.235%, 7d avg +0.086%

Together, before fees−0.239%−$24 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.149% dearer against KuCoin than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.086%. Mind the row above: over the last 7 days funding on this pair cost −0.059%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin UBUSDTM	0.1502	0.0100	pay 0.0050% / 4h	3h 06m	$1.1M	$1.1M	20x
Short	BloFin UB-USDT	0.1506	0.0128	get 0.0064% / 4h	3h 06m	$160K	$864K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.235%Rate

Funding earned: $5.95
Price spread: +0.235% → +0.086%: $14.9
Slippage, 4 orders: −$373.97
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$377.12
Costs to cover: 3.980%
Break-even: 450.3 days

Slippage from KuCoin: live order book, 3 min ago; BloFin: live order book, 25 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, 3 min ago	12.04 bp	247.8 bp −$248	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 25 min ago	4.01 bp	23.4 bp −$23	55.9 bp −$559	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	0.1505	+0.168%	$3.2M	$16.0M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1503	+0.066%	$993K	$2.5M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1502	+0.015%	$1.5M	$14.2M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1502	+0.002%	$1.5M	$3.6M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1506	+0.255%	$725K	$672K	100x	as long as short
KuCoin UBUSDTMlong	+0.0100%	4h	0.1502	long leg	$1.1M	$1.1M	20x
Bitget UBUSDT	+0.0100%	4h	0.1504	+0.115%	$2.4M	$3.3M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1505	+0.201%	—	$2.6M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1501	−0.073%	$428	$8K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1505	+0.203%	$38K	$269K	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-USDT	+0.0100%	4h	0.1505	+0.162%	$17K	$284K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1505	+0.206%	$2K	$172K	5x	as long as short
BloFin UB-USDTshort	+0.0128%	4h	0.1506	+0.235%	$160K	$864K	50x
Aster UBUSDT	+0.0614%	4h	0.1506	+0.267%	$409K	$160K	5x	as long as short