Settings8H · net · $10k
Funding arb · Price arb /

UB

all UB markets
SwapBacktest
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: Bybit against KuCoin+0.007%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$457as in the Funding arb table
Net, price: spread back to 7d avg − costs−$450as in the Price arb table
costs, in and out, $10k−$4494.489% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.077%−$8 on $10k
Price spread, last 7 days+0.114%+$11 · spread now +0.007%, 7d avg +0.018%
Together, before fees+0.037%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin UBUSDTM0.14860.0100pay 0.0050% / 4h15m 34s$1.1M$969K20x
ShortBybit UBUSDT0.14860.0100get 0.0050% / 4h15m 34s$954K$2.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
$0
Price spread: +0.007% → +0.018%
−$1.14
Slippage, 4 orders
−$425.94
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$450.08
Costs to cover
4.489%
Break-even
never at this rate
Slippage from KuCoin: live order book, 9 min ago; Bybit: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 9 min ago14.35 bp169.4 bp −$169doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 1 min ago5.05 bp87.3 bp −$87464.2 bp −$4,642doesn't fitdoesn't fit

UB on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin UB-USDT+0.0074%4h0.1491+0.316%$160K$834K50xas long as short
Binance UBUSDT+0.0100%4h0.1487+0.060%$3.1M$14.3M50xas long as short
Bybit UBUSDTshort+0.0100%4h0.1486+0.007%$954K$2.2M20x
OKX UB-USDT-SWAP+0.0100%4h0.1485−0.074%$1.4M$11.7M20xas long as short
Gate UB_USDT+0.0100%4h0.1487+0.087%$1.5M$3.3M25xas long as short
MEXC UB_USDT+0.0100%4h0.1487+0.053%$678K$624K100xas long as short
KuCoin UBUSDTMlong+0.0100%4h0.1486long leg$1.1M$969K20x
Bitget UBUSDT+0.0100%4h0.1489+0.174%$2.4M$2.9M50xas long as short
BingX UB-USDT+0.0100%4h0.1486−0.014%$2.6Mas long as short
Variational Omni UB+0.0100%4h0.1487+0.075%$425$8Kas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX UBUSDC+0.0100%4h0.1488+0.157%$38K$273K10xas long as short
HTX UB-USDT+0.0100%4h0.1489+0.228%$16K$326K20xas long as short
Extended UB-USD+0.0104%1h0.1487+0.057%$2K$227K5xas long as short
Aster UBUSDT+0.0287%4h0.1488+0.168%$404K$113K5xas long as short