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: MEXC against KuCoin+0.185%7-day average +0.106% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$279as in the Price arb table

costs, in and out, $10k−$2872.866% of the position

Long on KuCoin Short on MEXC

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.185%, 7d avg +0.106%

Together, before fees−0.063%−$6 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: MEXC is 0.078% dearer against KuCoin than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of +0.106%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin UBUSDTM	0.1495	0.0100	pay 0.0050% / 4h	1h 41m	$1.1M	$982K	20x
Short	MEXC UB_USDT	0.1498	0.0100	get 0.0050% / 4h	1h 41m	$701K	$646K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now +0.185%Rate

Funding earned: $0
Price spread: +0.185% → +0.106%: $7.85
Slippage, 4 orders: −$266.57
Fee KuCoin: 6 bp × 2 orders: −$12
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$278.72
Costs to cover: 2.866%
Break-even: never at this rate

Slippage from KuCoin: live order book, 3 min ago; MEXC: live order book, 58 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, 3 min ago	14.61 bp	162.2 bp −$162	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 58 min ago	1.34 bp	14.2 bp −$14	77.5 bp −$775	246.1 bp −$24.6K	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	0.1500	+0.316%	$3.1M	$14.6M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1497	+0.120%	$969K	$2.2M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1499	+0.285%	$1.5M	$12.3M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1495	−0.009%	$1.5M	$3.3M	25x	as long as short
MEXC UB_USDTshort	+0.0100%	4h	0.1498	+0.185%	$701K	$646K	100x
KuCoin UBUSDTMlong	+0.0100%	4h	0.1495	long leg	$1.1M	$982K	20x
Bitget UBUSDT	+0.0100%	4h	0.1499	+0.238%	$2.4M	$2.9M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1498	+0.218%	—	$2.6M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1491	−0.268%	$426	$8K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1491	−0.265%	$38K	$272K	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	0.1500	+0.345%	$16K	$304K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1499	+0.298%	$3K	$210K	5x	as long as short
BloFin UB-USDT	+0.0123%	4h	0.1500	+0.325%	$161K	$846K	50x	as long as short
Aster UBUSDT	+0.0599%	4h	0.1499	+0.298%	$407K	$118K	5x	as long as short