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 −0.005%

Price spread now: KuCoin against Gate−0.051%7-day average +0.018% · you buy dearer than you sell

Net, funding: paid 7d − costs−$377as in the Funding arb table

Net, price: spread back to 7d avg − costs−$393as in the Price arb table

costs, in and out, $10k−$3863.861% of the position

Long on Gate Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.093%+$9 on $10k

Price spread, last 7 days−0.096%−$10 · spread now −0.051%, 7d avg +0.018%

Together, before fees−0.002%$0 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 0.069% cheaper against Gate than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate UB_USDT	0.1443	0.0100	pay 0.0050% / 4h	1h 06m	$1.5M	$3.5M	25x
Short	KuCoin UBUSDTM	0.1442	0.0100	get 0.0050% / 4h	1h 06m	$1.0M	$1.2M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Gate. 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 GatebpFee KuCoinbpOrdersPrice spread, now −0.051%Rate

Funding earned: $0
Price spread: −0.051% → +0.018%: −$6.95
Slippage, 4 orders: −$359.09
Fee Gate: 7.5 bp × 2 orders: −$15
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$393.04
Costs to cover: 3.861%
Break-even: never at this rate

Slippage from Gate: live order book, 1 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 Gate live order book, 1 min ago	4.51 bp	69.4 bp −$69	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 8 min ago	13.55 bp	109.9 bp −$110	820.6 bp −$8,206	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	0.1446	+0.228%	$3.0M	$16.7M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1444	+0.110%	$960K	$2.6M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1444	+0.062%	$1.3M	$14.5M	20x	as long as short
Gate UB_USDTlong	+0.0100%	4h	0.1443	long leg	$1.5M	$3.5M	25x
MEXC UB_USDT	+0.0100%	4h	0.1446	+0.215%	$583K	$685K	100x	as long as short
KuCoin UBUSDTMshort	+0.0100%	4h	0.1442	−0.051%	$1.0M	$1.2M	20x
Bitget UBUSDT	+0.0100%	4h	0.1444	+0.111%	$2.3M	$3.4M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1445	+0.118%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1446	+0.244%	$30	$8K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1445	+0.178%	$37K	$267K	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	0.1446	+0.201%	$16K	$252K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1446	+0.202%	$929	$170K	5x	as long as short
BloFin UB-USDT	+0.0147%	4h	0.1446	+0.222%	$151K	$934K	50x	as long as short
Aster UBUSDT	+0.0446%	4h	0.1446	+0.187%	$392K	$179K	5x	as long as short