UB arbitrage explained
Right now Unibase (UB) trades on 10 venues we scan: 10 perpetual markets, 3 spot markets and 0 DEX pools. The lowest ask is on Gate perp at $0.1387 and the highest bid on Aster perp at $0.1389.
The widest UB perpetual spread is between Gate and Aster: long UB on Gate at $0.1387 and short on Aster at $0.1389 for +0.14% gross, or -0.02% after the 0.16% two-leg fee model. No transfer is needed: both positions stay on their exchanges until the prices converge. The funding difference on this pair is +0.233% per day, which the position collects while it is open.
For a spot–perpetual (cash-and-carry) trade, the best UB route is to buy spot on Gate and short the perpetual on Aster: +0.12% gross, -0.08% net, with +0.263% a day of funding on the short leg.
Spot–spot UB arbitrage (buy on Gate, withdraw, deposit and sell on KuCoin) shows -0.14% gross right now. It only works if withdrawals on the buying exchange and deposits on the selling exchange are open, so check the D/W dots before moving coins.
Small UB gaps usually disappear after fees, slippage and funding. Look at the Net column, the executable Depth and the spread history before trading: a gap that has been open for days is a different trade from a one-minute spike.
Related: UB funding rates · UB spread charts · Unibase price · arbitrage scanner for all coins.