UB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.06 per $10,000 · paid last 24h +0.011%

Price spread now: BloFin against KuCoin+0.352%7-day average +0.105% · you sell dearer than you buy

Net, funding: paid 7d − costs−$341as in the Funding arb table

Net, price: spread back to 7d avg − costs−$310as in the Price arb table

costs, in and out, $10k−$3353.350% of the position

Long on KuCoin Short on BloFin

What this pair did over the last

the charts below follow

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

Price spread, last 3 days (all we have)−0.272%−$27 · spread now +0.352%, 7d avg +0.105%

Together, before fees−0.331%−$33 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and BloFin is 0.247% dearer against KuCoin than usual: you sell high and buy low: +$25 more if the spread goes back to its 7-day average of +0.105%. Mind the row above: over the last 7 days funding on this pair cost −0.059%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin UBUSDTM	0.1477	0.0100	pay 0.0050% / 4h	40m 59s	$1.0M	$1.3M	20x
Short	BloFin UB-USDT	0.1482	0.0111	get 0.0056% / 4h	40m 59s	$162K	$1.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now +0.352%Rate

Funding earned: $2.34
Price spread: +0.352% → +0.105%: $24.72
Slippage, 4 orders: −$311.03
Fee KuCoin: 6 bp × 2 orders: −$12
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$307.97
Costs to cover: 3.350%
Break-even: 928.2 days

Slippage from KuCoin: live order book, 4 min ago; BloFin: live order book, 1 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, 4 min ago	12.74 bp	197.5 bp −$197	doesn't fit	doesn't fit	doesn't fit
Sell BloFin live order book, 1 min ago	5.74 bp	23.2 bp −$23	58.6 bp −$586	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	0.1481	+0.224%	$3.2M	$16.8M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1480	+0.172%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1482	+0.311%	$1.4M	$16.3M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1479	+0.115%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1482	+0.338%	$653K	$696K	100x	as long as short
KuCoin UBUSDTMlong	+0.0100%	4h	0.1477	long leg	$1.0M	$1.3M	20x
Bitget UBUSDT	+0.0100%	4h	0.1483	+0.379%	$2.4M	$3.5M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1482	+0.304%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1490	+0.854%	$2K	$7K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1490	+0.849%	$38K	$262K	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	0.1482	+0.345%	$17K	$196K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1482	+0.299%	$957	$176K	5x	as long as short
BloFin UB-USDTshort	+0.0111%	4h	0.1482	+0.352%	$162K	$1.1M	50x
Aster UBUSDT	+0.0619%	4h	0.1482	+0.327%	$402K	$203K	5x	as long as short