Funding arb · Price arb /

UB

all UB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%

Price spread now: KuCoin against Bitget−0.039%7-day average −0.135% · you buy dearer than you sell

Net, funding: paid 7d − costs−$339as in the Funding arb table

Net, price: spread back to 7d avg − costs−$334as in the Price arb table

costs, in and out, $10k−$3443.436% of the position

Long on Bitget 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−0.080%−$8 · spread now −0.039%, 7d avg −0.135%

Together, before fees−0.033%−$3 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 0.096% dearer against Bitget than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of −0.135%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget UBUSDT	0.1500	0.0100	pay 0.0050% / 4h	2h 44m	$2.4M	$3.5M	50x
Short	KuCoin UBUSDTM	0.1500	0.0100	get 0.0050% / 4h	2h 44m	$1.1M	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bitget. 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 BitgetbpFee KuCoinbpOrdersPrice spread, now −0.039%Rate

Funding earned: $0
Price spread: −0.039% → −0.135%: $9.64
Slippage, 4 orders: −$319.61
Fee Bitget: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$333.96
Costs to cover: 3.436%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; KuCoin: live order book, 6 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 Bitget live order book, 3 min ago	5.67 bp	27.3 bp −$27	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 6 min ago	13.03 bp	108.8 bp −$109	811.9 bp −$8,119	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	+0.0088%	4h	0.1500	−0.013%	$163K	$1.1M	50x	as long as short
Binance UBUSDT	+0.0100%	4h	0.1501	+0.073%	$3.2M	$17.3M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1500	−0.023%	$1.1M	$2.6M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1501	+0.040%	$1.4M	$15.8M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1498	−0.127%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1503	+0.180%	$640K	$716K	100x	as long as short
KuCoin UBUSDTMshort	+0.0100%	4h	0.1500	−0.039%	$1.1M	$1.3M	20x
Bitget UBUSDTlong	+0.0100%	4h	0.1500	long leg	$2.4M	$3.5M	50x
BingX UB-USDT	+0.0100%	4h	0.1501	+0.067%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1501	+0.031%	$124	$8K	—	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	0.1500	−0.036%	$38K	$266K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1501	+0.073%	$16K	$226K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1502	+0.126%	$6K	$168K	5x	as long as short
Aster UBUSDT	+0.0666%	4h	0.1502	+0.139%	$408K	$192K	5x	as long as short