Settings8H · net · $10k
Funding arb · Price arb /

UB

all UB markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0070%/8h= +7.7% APRnext payment +$0.35 per $10,000 · paid last 24h +0.010%
Price spread now: MEXC against KuCoin+0.014%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$267as in the Funding arb table
Net, price: spread back to 7d avg − costs−$272as in the Price arb table
costs, in and out, $10k−$2632.625% of the position
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)+0.188%+$19 · spread now +0.014%, 7d avg +0.112%
Together, before fees+0.141%+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. MEXC is 0.098% cheaper against KuCoin than usual: you would sell low and buy high (spread +0.014% now, against its 7-day average of +0.112%). If the spread goes back, that is −$10 on $10k: about 4.7 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin UBUSDTM0.14640.0030pay 0.0015% / 4h3h 36m$1.1M$978K20x
ShortMEXC UB_USDT0.14640.0100get 0.0050% / 4h3h 36m$630K$622K100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

MEXC 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

Funding earned
$14.7
Price spread: +0.014% → +0.112%
−$9.84
Slippage, 4 orders
−$242.52
Fee KuCoin: 6 bp × 2 orders
−$12
Fee MEXC: 4 bp × 2 orders
−$8
Net
−$257.66
Costs to cover
2.625%
Break-even
129.7 days
Slippage from KuCoin: live order book, 8 min ago; MEXC: live order book, 54 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 8 min ago11.40 bp151.1 bp −$151doesn't fitdoesn't fitdoesn't fit
Sell MEXC live order book, 54 min ago0.34 bp11.3 bp −$1166.1 bp −$661267.6 bp −$26.8K609.0 bp −$304.5K

UB on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin UBUSDTMlong+0.0030%4h0.1464long leg$1.1M$978K20x
Gate UB_USDT+0.0068%4h0.1462−0.129%$1.5M$3.2M25xas long as short
BloFin UB-USDT+0.0076%4h0.1465+0.076%$157K$815K50xas long as short
Binance UBUSDT+0.0100%4h0.1465+0.076%$3.0M$14.3M50xas long as short
Bybit UBUSDT+0.0100%4h0.1463−0.068%$931K$2.2M20xas long as short
OKX UB-USDT-SWAP+0.0100%4h0.1463−0.061%$1.3M$11.5M20xas long as short
MEXC UB_USDTshort+0.0100%4h0.1464+0.014%$630K$622K100x
Bitget UBUSDT+0.0100%4h0.1463−0.034%$2.4M$2.9M50xas long as short
BingX UB-USDT+0.0100%4h0.1463−0.027%$2.6Mas long as short
Variational Omni UB+0.0100%4h0.1463−0.064%$418$8Kas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX UBUSDC+0.0100%4h0.1464−0.012%$37K$272K10xas long as short
HTX UB-USDT+0.0100%4h0.1467+0.192%$16K$336K20xas long as short
Extended UB-USD+0.0104%1h0.1464+0.035%$3K$225K5xas long as short
Aster UBUSDT+0.0142%4h0.1465+0.074%$397K$113K5xas long as short