Funding arb · Price arb /

UB

all UB markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: KuCoin against Binance−0.333%7-day average −0.062% · you buy dearer than you sell

Net, funding: paid 7d − costs−$465as in the Funding arb table

Net, price: spread back to 7d avg − costs−$497as in the Price arb table

costs, in and out, $10k−$4704.700% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.047%+$5 on $10k

Price spread, last 7 days+0.287%+$29 · spread now −0.333%, 7d avg −0.062%

Together, before fees+0.334%+$33 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: KuCoin is 0.271% cheaper against Binance than usual: you would sell low and buy high, −$27 on $10k if it goes back to its 7-day average of −0.062%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance UBUSDT	0.1471	0.0100	pay 0.0050% / 4h	1h 49m	$3.2M	$16.5M	50x
Short	KuCoin UBUSDTM	0.1466	0.0100	get 0.0050% / 4h	1h 49m	$1.1M	$1.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Binance. 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 BinancebpFee KuCoinbpOrdersPrice spread, now −0.333%Rate

Funding earned: $0
Price spread: −0.333% → −0.062%: −$27.08
Slippage, 4 orders: −$448.03
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$497.11
Costs to cover: 4.700%
Break-even: never at this rate

Slippage from Binance: live order book, 7 min ago; KuCoin: live order book, 1 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 Binance live order book, 7 min ago	0.68 bp	26.4 bp −$26	183.4 bp −$1,834	doesn't fit	doesn't fit
Sell KuCoin live order book, 1 min ago	14.62 bp	118.1 bp −$118	824.5 bp −$8,245	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	+0.0050%	4h	0.1471	−0.006%	$160K	$1.2M	50x	as long as short
Binance UBUSDTlong	+0.0100%	4h	0.1471	long leg	$3.2M	$16.5M	50x
Bybit UBUSDT	+0.0100%	4h	0.1467	−0.268%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1468	−0.176%	$1.3M	$16.0M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1465	−0.373%	$1.5M	$3.3M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1470	−0.053%	$645K	$691K	100x	as long as short
KuCoin UBUSDTMshort	+0.0100%	4h	0.1466	−0.333%	$1.1M	$1.4M	20x
Bitget UBUSDT	+0.0100%	4h	0.1469	−0.149%	$2.4M	$3.6M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1470	−0.040%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1466	−0.286%	$92	$5K	—	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	0.1468	−0.160%	$37K	$259K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1470	−0.013%	$16K	$179K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1469	−0.123%	$943	$176K	5x	as long as short
Aster UBUSDT	+0.0701%	4h	0.1469	−0.089%	$399K	$201K	5x	as long as short