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: Bitget against KuCoin−0.089%7-day average +0.135% · you buy dearer than you sell

Net, funding: paid 7d − costs−$348as in the Funding arb table

Net, price: spread back to 7d avg − costs−$366as in the Price arb table

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

Long on KuCoin Short on Bitget

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+0.207%+$21 · spread now −0.089%, 7d avg +0.135%

Together, before fees+0.161%+$16 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: Bitget is 0.224% cheaper against KuCoin than usual: you would sell low and buy high, −$22 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	KuCoin UBUSDTM	0.1501	0.0100	pay 0.0050% / 4h	2h 45m	$1.1M	$1.3M	20x
Short	Bitget UBUSDT	0.1500	0.0100	get 0.0050% / 4h	2h 45m	$2.4M	$3.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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 BitgetbpOrdersPrice spread, now −0.089%Rate

Funding earned: $0
Price spread: −0.089% → +0.135%: −$22.44
Slippage, 4 orders: −$319.61
Fee KuCoin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$366.04
Costs to cover: 3.436%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; Bitget: 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, 5 min ago	13.03 bp	182.2 bp −$182	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	5.67 bp	25.3 bp −$25	102.6 bp −$1,026	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	−0.102%	$163K	$1.1M	50x	as long as short
Binance UBUSDT	+0.0100%	4h	0.1502	+0.055%	$3.2M	$17.3M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1499	−0.136%	$1.1M	$2.6M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1501	−0.022%	$1.4M	$16.0M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1498	−0.229%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1502	+0.004%	$641K	$715K	100x	as long as short
KuCoin UBUSDTMlong	+0.0100%	4h	0.1501	long leg	$1.1M	$1.3M	20x
Bitget UBUSDTshort	+0.0100%	4h	0.1500	−0.089%	$2.4M	$3.5M	50x
BingX UB-USDT	+0.0100%	4h	0.1501	−0.049%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1501	−0.058%	$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	−0.125%	$38K	$266K	10x	as long as short
HTX UB-USDT	+0.0100%	4h	0.1501	−0.016%	$16K	$226K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1501	−0.061%	$6K	$168K	5x	as long as short
Aster UBUSDT	+0.0667%	4h	0.1501	−0.018%	$407K	$192K	5x	as long as short