Funding arb · Price arb /

UB

all UB markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.010%

Price spread now: KuCoin against HTX−0.338%7-day average −0.131% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX 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 4 days (all we have)+0.247%+$25 · spread now −0.338%, 7d avg −0.131%

Together, before fees+0.294%+$29 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 0.206% cheaper against HTX than usual: you would sell low and buy high, −$21 on $10k if it goes back to its 7-day average of −0.131%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX UB-USDT	0.1489	0.0100	pay 0.0050% / 4h	13m 42s	$17K	$326K	20x
Short	KuCoin UBUSDTM	0.1484	0.0100	get 0.0050% / 4h	13m 42s	$1.1M	$969K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against HTX. 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 HTXbpFee KuCoinbpOrdersPrice spread, now −0.338%Rate

Funding earned: $0
Price spread: −0.338% → −0.131%: −$20.63
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$44.63
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 24 min ago; KuCoin: live order book, 1 min ago. Net counts fees only.

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 HTX live order book, 24 min ago	38.38 bp	55.9 bp −$56	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 1 min ago	12.45 bp	99.4 bp −$99	816.1 bp −$8,161	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	+0.0082%	4h	0.1487	−0.141%	$159K	$831K	50x	as long as short
Binance UBUSDT	+0.0100%	4h	0.1487	−0.105%	$3.1M	$14.3M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1484	−0.295%	$953K	$2.2M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1485	−0.215%	$1.4M	$11.7M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1484	−0.349%	$1.5M	$3.3M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1487	−0.128%	$677K	$625K	100x	as long as short
KuCoin UBUSDTMshort	+0.0100%	4h	0.1484	−0.338%	$1.1M	$969K	20x
Bitget UBUSDT	+0.0100%	4h	0.1485	−0.242%	$2.4M	$2.9M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1485	−0.215%	—	$2.6M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1487	−0.106%	$425	$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	0.1488	−0.025%	$38K	$273K	10x	as long as short
HTX UB-USDTlong	+0.0100%	4h	0.1489	long leg	$17K	$326K	20x
Extended UB-USD	+0.0104%	1h	0.1486	−0.166%	$2K	$227K	5x	as long as short
Aster UBUSDT	+0.0279%	4h	0.1488	−0.061%	$404K	$113K	5x	as long as short