Funding arb · Price arb /

UB

all UB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.010%

Price spread now: HTX against KuCoin+0.240%7-day average +0.137% · you sell dearer than you buy

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

Long on KuCoin Short on HTX

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)−0.153%−$15 · spread now +0.240%, 7d avg +0.137%

Together, before fees−0.200%−$20 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: HTX is 0.103% dearer against KuCoin than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.137%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin UBUSDTM	0.1451	0.0100	pay 0.0050% / 4h	1h 44m	$1.0M	$910K	20x
Short	HTX UB-USDT	0.1455	0.0100	get 0.0050% / 4h	1h 44m	$16K	$362K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.240%Rate

Funding earned: $0
Price spread: +0.240% → +0.137%: $10.31
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$13.69
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 3 min ago; HTX: live order book, 2 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 KuCoin live order book, 3 min ago	11.18 bp	140.3 bp −$140	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 2 min ago	29.47 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

UB on 14 exchanges

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	0.1454	+0.178%	$3.0M	$13.4M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1453	+0.095%	$891K	$2.0M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1452	+0.026%	$1.2M	$10.9M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1451	−0.008%	$1.5M	$3.1M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1454	+0.178%	$588K	$612K	100x	as long as short
KuCoin UBUSDTMlong	+0.0100%	4h	0.1451	long leg	$1.0M	$910K	20x
Bitget UBUSDT	+0.0100%	4h	0.1452	+0.068%	$2.3M	$2.8M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1454	+0.157%	—	$2.5M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1455	+0.259%	$416	$8K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1456	+0.345%	$37K	$275K	10x	as long as short

Show all 14 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX UB-USDTshort	+0.0100%	4h	0.1455	+0.240%	$16K	$362K	20x
Extended UB-USD	+0.0104%	1h	0.1454	+0.170%	$2K	$220K	5x	as long as short
BloFin UB-USDT	+0.0144%	4h	0.1456	+0.295%	$153K	$778K	50x	as long as short
Aster UBUSDT	+0.0317%	4h	0.1455	+0.279%	$395K	$98K	5x	as long as short