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: edgeX against KuCoin+0.364%7-day average +0.071% · you sell dearer than you buy

Net, funding: paid 7d − costs−$284as in the Funding arb table

Net, price: spread back to 7d avg − costs−$250as in the Price arb table

costs, in and out, $10k−$2802.797% of the position

Long on KuCoin Short on edgeX

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)−0.122%−$12 · spread now +0.364%, 7d avg +0.071%

Together, before fees−0.169%+ Points / potential airdropedgeX: Active · farm board−$17 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: edgeX is 0.294% dearer against KuCoin than usual: you sell high and buy low, +$29 on $10k if it goes back to its 7-day average of +0.071%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin UBUSDTM	0.1488	0.0100	pay 0.0050% / 4h	51m 39s	$1.0M	$978K	20x
Short	edgeX UBUSDC	0.1494	0.0100	get 0.0050% / 4h	51m 39s	$38K	$272K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now +0.364%Rate

Funding earned: $0
Price spread: +0.364% → +0.071%: $29.36
Slippage, 4 orders: −$258.72
Fee KuCoin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$250.36
Costs to cover: 2.797%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; edgeX: live order book, 51 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	14.16 bp	174.9 bp −$175	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 51 min ago	6.34 bp	16.7 bp −$17	doesn't fit	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	0.1492	+0.257%	$3.1M	$14.4M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1489	+0.076%	$960K	$2.2M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1490	+0.129%	$1.4M	$11.9M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1489	+0.076%	$1.5M	$3.3M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1492	+0.223%	$693K	$617K	100x	as long as short
KuCoin UBUSDTMlong	+0.0100%	4h	0.1488	long leg	$1.0M	$978K	20x
Bitget UBUSDT	+0.0100%	4h	0.1492	+0.210%	$2.4M	$2.9M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1491	+0.156%	—	$2.6M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1490	+0.087%	$425	$8K	—	as long as short
edgeX UBUSDCshort	+0.0100%	4h	0.1494	+0.364%	$38K	$272K	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX UB-USDT	+0.0100%	4h	0.1492	+0.277%	$16K	$316K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1491	+0.198%	$963	$114K	5x	as long as short
BloFin UB-USDT	+0.0117%	4h	0.1494	+0.364%	$160K	$843K	50x	as long as short
Aster UBUSDT	+0.0430%	4h	0.1492	+0.256%	$405K	$114K	5x	as long as short