UB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0642%/8h= −70.3% APRnext payment −$3.21 per $10,000 · paid last 24h −0.126%

Price spread now: Bybit against Aster−0.144%7-day average −0.091% · you buy dearer than you sell

Net, funding: paid 7d − costs−$223as in the Funding arb table

Net, price: spread back to 7d avg − costs−$203as in the Price arb table

costs, in and out, $10k−$1981.981% of the position

Long on Aster Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.245%−$25 on $10k

Price spread, last 4 days (all we have)+0.216%+$22 · spread now −0.144%, 7d avg −0.091%

Together, before fees−0.029%+ Points / potential airdropAster: Stage 5 · farm board−$3 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 Bybit is 0.054% cheaper against Aster than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.091%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.245% in total (about -12.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.21 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	0.0742	pay 0.0371% / 4h	1h 41m	$402K	$201K	5x
Short	Bybit UBUSDT	0.1481	0.0100	get 0.0050% / 4h	1h 41m	$1.1M	$2.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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

Position, each leg$Hold fordaysFee AsterbpFee BybitbpOrdersPrice spread, now −0.144%Rate

Funding earned: −$134.75
Price spread: −0.144% → −0.091%: −$5.37
Slippage, 4 orders: −$179.06
Fee Aster: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$338.18
Costs to cover: 1.981%
Break-even: never at this rate

Slippage from Aster: live order book, 41 min ago; Bybit: live order book, 1 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, 41 min ago	7.51 bp	39.6 bp −$40	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 1 min ago	3.72 bp	63.6 bp −$64	411.9 bp −$4,119	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	−0.028%	$3.2M	$16.5M	50x	as long as short
Bybit UBUSDTshort	+0.0100%	4h	0.1481	−0.144%	$1.1M	$2.4M	20x
OKX UB-USDT-SWAP	+0.0100%	4h	0.1482	−0.121%	$1.4M	$16.2M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1480	−0.229%	$1.5M	$3.3M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1484	+0.007%	$648K	$693K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1481	−0.173%	$1.1M	$1.4M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1484	+0.040%	$2.4M	$3.5M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1483	−0.034%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1470	−0.930%	$92	$5K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1479	−0.325%	$37K	$258K	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	0.1484	+0.007%	$16K	$181K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1482	−0.098%	$953	$176K	5x	as long as short
BloFin UB-USDT	+0.0105%	4h	0.1482	−0.074%	$159K	$1.1M	50x	as long as short
Aster UBUSDTlong	+0.0742%	4h	0.1484	long leg	$402K	$201K	5x