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: BingX against KuCoin−0.015%7-day average +0.043% · you buy dearer than you sell

Net, funding: paid 7d − costs−$357as in the Funding arb table

Net, price: spread back to 7d avg − costs−$368as in the Price arb table

costs, in and out, $10k−$3623.620% of the position

Long on KuCoin Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.046%+$5 on $10k

Price spread, last 7 days+0.175%+$17 · spread now −0.015%, 7d avg +0.043%

Together, before fees+0.221%+$22 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: BingX is 0.058% cheaper against KuCoin than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of +0.043%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin UBUSDTM	0.1491	0.0100	pay 0.0050% / 4h	1h 46m	$1.0M	$984K	20x
Short	BingX UB-USDT	0.1490	0.0100	get 0.0050% / 4h	1h 46m	—	$2.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against KuCoin. 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 KuCoinbpFee BingXbpOrdersPrice spread, now −0.015%Rate

Funding earned: $0
Price spread: −0.015% → +0.043%: −$5.8
Slippage, 4 orders: −$340.04
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BingX: 5 bp × 2 orders: −$10
Net: −$367.84
Costs to cover: 3.620%
Break-even: never at this rate

Slippage from KuCoin: live order book, 9 min ago; BingX: live order book, 3 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 KuCoin live order book, 9 min ago	6.70 bp	184.6 bp −$185	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 3 min ago	4.04 bp	26.8 bp −$27	76.2 bp −$762	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	+0.0053%	4h	0.1494	+0.206%	$161K	$843K	50x	as long as short
Binance UBUSDT	+0.0100%	4h	0.1492	+0.065%	$3.1M	$14.6M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1491	+0.003%	$965K	$2.2M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1490	−0.069%	$1.4M	$12.2M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1489	−0.096%	$1.5M	$3.3M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1491	+0.045%	$702K	$643K	100x	as long as short
KuCoin UBUSDTMlong	+0.0100%	4h	0.1491	long leg	$1.0M	$984K	20x
Bitget UBUSDT	+0.0100%	4h	0.1490	−0.042%	$2.4M	$2.9M	50x	as long as short
BingX UB-USDTshort	+0.0100%	4h	0.1490	−0.015%	—	$2.6M	—
Variational Omni UB	+0.0100%	4h	0.1488	−0.159%	$426	$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	0.1487	−0.229%	$38K	$271K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1493	+0.172%	$16K	$303K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1492	+0.101%	$3K	$210K	5x	as long as short
Aster UBUSDT	+0.0606%	4h	0.1494	+0.218%	$405K	$119K	5x	as long as short