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

UB

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0636%/8h= −69.6% APRnext payment $3.18 per $10,000 · paid last 24h −0.067%
Price spread now: BingX against Aster−0.146%7-day average −0.048% · you buy dearer than you sell
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1421.421% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.123%−$12 on $10k
Price spread, last 4 days (all we have)+0.138%+$14 · spread now −0.146%, 7d avg −0.048%
Together, before fees+0.014%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and BingX is 0.097% cheaper against Aster than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.048%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.123% in total (about -6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about $3.18 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster UBUSDT0.14620.0736pay 0.0368% / 4h2h 17m$397K$202K5x
ShortBingX UB-USDT0.14600.0100get 0.0050% / 4h2h 17m$2.7M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against Aster. 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
−$133.55
Price spread: −0.146% → −0.048%
−$9.71
Slippage, 4 orders
−$124.14
Fee Aster: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
−$285.4
Costs to cover
1.421%
Break-even
never at this rate
Slippage from Aster: live order book, 5 min ago; BingX: live order book, 12 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 Aster live order book, 5 min ago7.51 bp39.6 bp −$40doesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 12 min ago4.12 bp40.4 bp −$40117.8 bp −$1,178948.4 bp −$94.8Kdoesn'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+0.0051%4h0.1462+0.032%$158K$1.2M50xas long as short
Binance UBUSDT+0.0100%4h0.1461−0.048%$3.2M$16.5M50xas long as short
Bybit UBUSDT+0.0100%4h0.1460−0.118%$1.1M$2.4M20xas long as short
OKX UB-USDT-SWAP+0.0100%4h0.1459−0.180%$1.3M$15.9M20xas long as short
Gate UB_USDT+0.0100%4h0.1459−0.228%$1.5M$3.4M25xas long as short
MEXC UB_USDT+0.0100%4h0.1461−0.036%$656K$702K100xas long as short
KuCoin UBUSDTM+0.0100%4h0.1459−0.223%$1.0M$1.4M20xas long as short
Bitget UBUSDT+0.0100%4h0.1459−0.173%$2.4M$3.6M50xas long as short
BingX UB-USDTshort+0.0100%4h0.1460−0.146%$2.7M
Variational Omni UB+0.0100%4h0.1461−0.052%$91$5Kas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX UBUSDC+0.0100%4h0.1461−0.039%$37K$259K10xas long as short
HTX UB-USDT+0.0100%4h0.1461−0.077%$16K$172K20xas long as short
Extended UB-USD+0.0104%1h0.1461−0.057%$943$176K5xas long as short
Aster UBUSDTlong+0.0736%4h0.1462long leg$397K$202K5x