Funding arb · Price arb /

UB

all UB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 20:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h −0.081%

Price spread now: OKX against KuCoin−0.033%7-day average −0.007% · you buy dearer than you sell

Net, funding: paid 7d − costs−$431as in the Funding arb table

Net, price: spread back to 7d avg − costs−$423as in the Price arb table

costs, in and out, $10k−$4214.207% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.102%−$10 on $10k

Price spread, last 7 days+0.086%+$9 · spread now −0.033%, 7d avg −0.007%

Together, before fees−0.016%−$2 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: OKX is 0.026% cheaper against KuCoin than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin UBUSDTM	0.1428	0.0100	pay 0.0050% / 4h	23m 24s	$996K	$1.5M	20x
Short	OKX UB-USDT-SWAP	0.1427	0.0100	get 0.0050% / 4h	23m 24s	$1.3M	$15.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.033%Rate

Funding earned: $0
Price spread: −0.033% → −0.007%: −$2.62
Slippage, 4 orders: −$398.7
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$423.32
Costs to cover: 4.207%
Break-even: never at this rate

Slippage from KuCoin: live order book, 6 min ago; OKX: 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, 6 min ago	16.24 bp	250.0 bp −$250	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	3.87 bp	22.9 bp −$23	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
BloFin UB-USDT	+0.0100%	4h	0.1434	+0.471%	$155K	$1.2M	50x	as long as short
Binance UBUSDT	+0.0100%	4h	0.1429	+0.132%	$3.1M	$16.0M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1428	+0.014%	$954K	$2.3M	20x	as long as short
OKX UB-USDT-SWAPshort	+0.0100%	4h	0.1427	−0.033%	$1.3M	$15.2M	20x
Gate UB_USDT	+0.0100%	4h	0.1428	+0.044%	$1.4M	$3.2M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1429	+0.128%	$575K	$671K	100x	as long as short
KuCoin UBUSDTMlong	+0.0100%	4h	0.1428	long leg	$996K	$1.5M	20x
Bitget UBUSDT	+0.0100%	4h	0.1429	+0.121%	$2.3M	$3.6M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1428	+0.037%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1424	−0.247%	$88	$838	—	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	0.1436	+0.571%	$36K	$255K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1430	+0.184%	$14K	$136K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1429	+0.123%	$922	$176K	5x	as long as short
Aster UBUSDT	+0.0645%	4h	0.1431	+0.261%	$388K	$188K	5x	as long as short