Funding arb · Price arb /

UB

all UB markets

Swap Backtest

Alert: funding

Alert: spread

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

Price spread now: edgeX against KuCoin−0.168%68s7-day average +0.054% · you buy dearer than you sell

Net, funding: paid 7d − costs−$291as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$2862.861% of the position

Long on KuCoin Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.047%−$5 on $10k

Price spread, last 3 days (all we have)+0.344%+$34 · spread now −0.168%, 7d avg +0.054%

Together, before fees+0.298%+ Points / potential airdropedgeX: Active · farm board+$30 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: edgeX is 0.222% 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 +0.054%. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin UBUSDTM	0.1470	0.0100	pay 0.0050% / 4h	3h 30m	$1.0M	$1.4M	20x
Short	edgeX UBUSDC	0.1468	0.0100	get 0.0050% / 4h	3h 30m	$37K	$258K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX 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 edgeXbpOrdersPrice spread, now −0.168%Rate

Funding earned: $0
Price spread: −0.168% → +0.054%: −$22.18
Slippage, 4 orders: −$265.1
Fee KuCoin: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$308.28
Costs to cover: 2.861%
Break-even: never at this rate

Slippage from KuCoin: live order book, 15 min ago; edgeX: live order book, 17 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, 15 min ago	12.96 bp	160.9 bp −$161	doesn't fit	doesn't fit	doesn't fit
Sell edgeX live order book, 17 min ago	6.80 bp	15.2 bp −$15	doesn't fit	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	0.1473	+0.235%	$3.2M	$16.4M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1472	+0.161%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1473	+0.208%	$1.4M	$16.1M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1471	+0.052%	$1.5M	$3.3M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1473	+0.174%	$648K	$666K	100x	as long as short
KuCoin UBUSDTMlong	+0.0100%	4h	0.1470	long leg	$1.0M	$1.4M	20x
Bitget UBUSDT	+0.0100%	4h	0.1474	+0.236%	$2.4M	$3.6M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1473	+0.195%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1472	+0.108%	$92	$5K	—	as long as short
edgeX UBUSDCshort	+0.0100%	4h	0.1468	−0.168%	$37K	$258K	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX UB-USDT	+0.0100%	4h	0.1476	+0.378%	$15K	$151K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1472	+0.164%	$949	$176K	5x	as long as short
BloFin UB-USDT	+0.0129%	4h	0.1476	+0.392%	$164K	$1.2M	50x	as long as short
Aster UBUSDT	+0.0960%	4h	0.1475	+0.358%	$400K	$198K	5x	as long as short