UB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0023%/8h= −2.6% APRnext payment −$0.12 per $10,000 · paid last 24h −0.007%

Price spread now: KuCoin against BloFin−0.143%7-day average −0.103% · you buy dearer than you sell

Net, funding: paid 7d − costs−$331as in the Funding arb table

Net, price: spread back to 7d avg − costs−$341as in the Price arb table

costs, in and out, $10k−$3373.373% of the position

Long on BloFin Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.059%+$6 on $10k

Price spread, last 4 days (all we have)−0.090%−$9 · spread now −0.143%, 7d avg −0.103%

Together, before fees−0.030%−$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and KuCoin is 0.040% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.103%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.059%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin UB-USDT	0.1449	0.0123	pay 0.0062% / 4h	1h 26m	$151K	$952K	50x
Short	KuCoin UBUSDTM	0.1447	0.0100	get 0.0050% / 4h	1h 26m	$1.0M	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. 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 BloFinbpFee KuCoinbpOrdersPrice spread, now −0.143%Rate

Funding earned: −$4.92
Price spread: −0.143% → −0.103%: −$3.99
Slippage, 4 orders: −$313.34
Fee BloFin: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$346.25
Costs to cover: 3.373%
Break-even: never at this rate

Slippage from BloFin: live order book, 15 min ago; KuCoin: live order book, 8 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 BloFin live order book, 15 min ago	0.35 bp	24.5 bp −$25	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 8 min ago	18.72 bp	102.4 bp −$102	837.7 bp −$8,377	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
Binance UBUSDT	+0.0100%	4h	0.1450	+0.017%	$3.0M	$16.8M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1448	−0.107%	$968K	$2.6M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1448	−0.124%	$1.3M	$14.6M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1447	−0.186%	$1.5M	$3.5M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1449	0.000%	$586K	$679K	100x	as long as short
KuCoin UBUSDTMshort	+0.0100%	4h	0.1447	−0.143%	$1.0M	$1.3M	20x
Bitget UBUSDT	+0.0100%	4h	0.1448	−0.131%	$2.3M	$3.4M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1450	+0.041%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1439	−0.707%	$30	$8K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1449	−0.026%	$37K	$266K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX UB-USDT	+0.0100%	4h	0.1448	−0.103%	$16K	$246K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1449	−0.032%	$934	$170K	5x	as long as short
BloFin UB-USDTlong	+0.0123%	4h	0.1449	long leg	$151K	$952K	50x
Aster UBUSDT	+0.0500%	4h	0.1450	+0.021%	$393K	$183K	5x	as long as short