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 −0.008%

Price spread now: OKX against KuCoin−0.054%7-day average −0.009% · you buy dearer than you sell

Net, funding: paid 7d − costs−$323as in the Funding arb table

Net, price: spread back to 7d avg − costs−$317as in the Price arb table

costs, in and out, $10k−$3133.126% of the position

Long on KuCoin Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.102%−$10 on $10k

Price spread, last 7 days+0.215%+$21 · spread now −0.054%, 7d avg −0.009%

Together, before fees+0.112%+$11 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: OKX is 0.044% cheaper against KuCoin than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.009%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin UBUSDTM	0.1498	0.0100	pay 0.0050% / 4h	3h 18m	$1.1M	$1.1M	20x
Short	OKX UB-USDT-SWAP	0.1497	0.0100	get 0.0050% / 4h	3h 18m	$1.4M	$14.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.054%Rate

Funding earned: $0
Price spread: −0.054% → −0.009%: −$4.44
Slippage, 4 orders: −$290.58
Fee KuCoin: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: −$317.02
Costs to cover: 3.126%
Break-even: never at this rate

Slippage from KuCoin: live order book, 2 min ago; OKX: live order book, 5 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, 2 min ago	13.83 bp	158.2 bp −$158	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	0.34 bp	23.3 bp −$23	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	0.1498	+0.009%	$3.1M	$15.9M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1497	−0.008%	$983K	$2.5M	20x	as long as short
OKX UB-USDT-SWAPshort	+0.0100%	4h	0.1497	−0.054%	$1.4M	$14.1M	20x
Gate UB_USDT	+0.0100%	4h	0.1496	−0.094%	$1.5M	$3.5M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1497	−0.034%	$726K	$666K	100x	as long as short
KuCoin UBUSDTMlong	+0.0100%	4h	0.1498	long leg	$1.1M	$1.1M	20x
Bitget UBUSDT	+0.0100%	4h	0.1496	−0.134%	$2.4M	$3.2M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1497	−0.040%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1496	−0.078%	$427	$8K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1496	−0.080%	$38K	$269K	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	0.1498	+0.033%	$17K	$281K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1497	−0.011%	$2K	$172K	5x	as long as short
BloFin UB-USDT	+0.0141%	4h	0.1500	+0.173%	$160K	$860K	50x	as long as short
Aster UBUSDT	+0.0625%	4h	0.1500	+0.145%	$407K	$160K	5x	as long as short