Funding you earn now, next payment 00:00 UTC−0.0640%/8h= −70.0% APRnext payment −$3.20 per $10,000 · paid last 24h −0.066%
Price spread now: BloFin against Aster−0.074%52s7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$171as 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−$1481.483% of the position
Funding, last 7 days−0.229%−$23 on $10k
+Price spread, last 3 days (all we have)+0.065%+$6 · spread now −0.074%, 7d avg −0.010%
=Together, before fees−0.164%+ Points / potential airdropAster: Stage 5 · farm board−$16 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 BloFin is 0.064% cheaper against Aster than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.010%). Swap the legs. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.229% in total (about -11.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.20 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster UBUSDT | 0.1484 | 0.0745 | pay 0.0372% / 4h | 1h 40m | $402K | $201K | 5x |
| Short | BloFin UB-USDT | 0.1482 | 0.0105 | get 0.0053% / 4h | 1h 40m | $159K | $1.1M | 50x |
Aster UBUSDT
BloFin UB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$134.34
- Price spread: −0.074% → −0.010%
- −$6.43
- Slippage, 4 orders
- −$128.29
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$289.06
- Costs to cover
- 1.483%
- Break-even
- never at this rate
Slippage from Aster: live order book, 42 min ago; BloFin: live order book, 2 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 Aster live order book, 42 min ago | 7.51 bp | 39.6 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 3.04 bp | 45.0 bp −$45 | 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 | 0.1483 | −0.034% | $3.2M | $16.5M | 50x | as long as short |
| Bybit UBUSDT | +0.0100% | 4h | 0.1483 | −0.047% | $1.1M | $2.4M | 20x | as long as short |
| OKX UB-USDT-SWAP | +0.0100% | 4h | 0.1481 | −0.155% | $1.4M | $16.1M | 20x | as long as short |
| Gate UB_USDT | +0.0100% | 4h | 0.1483 | −0.061% | $1.5M | $3.3M | 25x | as long as short |
| MEXC UB_USDT | +0.0100% | 4h | 0.1483 | −0.007% | $648K | $694K | 100x | as long as short |
| KuCoin UBUSDTM | +0.0100% | 4h | 0.1482 | −0.080% | $1.1M | $1.4M | 20x | as long as short |
| Bitget UBUSDT | +0.0100% | 4h | 0.1484 | +0.027% | $2.4M | $3.5M | 50x | as long as short |
| BingX UB-USDT | +0.0100% | 4h | 0.1482 | −0.115% | — | $2.7M | — | as long as short |
| Variational Omni UB | +0.0100% | 4h | 0.1480 | −0.251% | $93 | $5K | — | as long as short |
| edgeX UBUSDC | +0.0100% | 4h | 0.1479 | −0.325% | $37K | $258K | 10x | as long as short |
Binance UBUSDT
Bybit UBUSDT
OKX UB-USDT-SWAP
Gate UB_USDT
MEXC UB_USDT
KuCoin UBUSDTM
Bitget UBUSDT
BingX UB-USDT
Variational Omni UB
edgeX UBUSDCShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX UB-USDT | +0.0100% | 4h | 0.1484 | +0.007% | $16K | $181K | 20x | as long as short |
| Extended UB-USD | +0.0104% | 1h | 0.1483 | −0.054% | $953 | $176K | 5x | as long as short |
| BloFin UB-USDTshort | +0.0105% | 4h | 0.1482 | −0.074% | $159K | $1.1M | 50x | |
| Aster UBUSDTlong | +0.0745% | 4h | 0.1484 | long leg | $402K | $201K | 5x |
HTX UB-USDT
Extended UB-USD