UB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0542%/8h= −59.3% APRnext payment −$2.71 per $10,000 · paid last 24h −0.104%

Price spread now: KuCoin against Aster−0.369%7-day average −0.112% · you buy dearer than you sell

Net, funding: paid 7d − costs−$347as in the Funding arb table

Net, price: spread back to 7d avg − costs−$353as in the Price arb table

costs, in and out, $10k−$3283.276% of the position

Long on Aster Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.196%−$20 on $10k

Price spread, last 4 days (all we have)+0.275%+$27 · spread now −0.369%, 7d avg −0.112%

Together, before fees+0.079%+ Points / potential airdropAster: Stage 5 · farm board+$8 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and KuCoin is 0.257% cheaper against Aster than usual: you would sell low and buy high (−$26 if the spread goes back to its 7-day average of −0.112%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.196% in total (about -10.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.71 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	0.1498	0.0642	pay 0.0321% / 4h	2h 29m	$407K	$191K	5x
Short	KuCoin UBUSDTM	0.1493	0.0100	get 0.0050% / 4h	2h 29m	$1.1M	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.369%Rate

Funding earned: −$113.78
Price spread: −0.369% → −0.112%: −$25.65
Slippage, 4 orders: −$307.64
Fee Aster: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$467.07
Costs to cover: 3.276%
Break-even: never at this rate

Slippage from Aster: live order book, 38 min ago; KuCoin: 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, 38 min ago	5.64 bp	32.8 bp −$33	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 1 min ago	17.67 bp	104.0 bp −$104	800.2 bp −$8,002	doesn't fit	doesn't fit

UB on 13 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	0.1494	−0.306%	$3.2M	$16.8M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1492	−0.430%	$1.0M	$2.6M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1492	−0.406%	$1.4M	$15.4M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1495	−0.239%	$1.5M	$3.5M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1494	−0.319%	$656K	$727K	100x	as long as short
KuCoin UBUSDTMshort	+0.0100%	4h	0.1493	−0.369%	$1.1M	$1.3M	20x
Bitget UBUSDT	+0.0100%	4h	0.1492	−0.459%	$2.4M	$3.4M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1492	−0.446%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1495	−0.208%	$61	$8K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1497	−0.132%	$38K	$267K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX UB-USDT	+0.0100%	4h	0.1494	−0.286%	$17K	$231K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1496	−0.145%	$6K	$168K	5x	as long as short
Aster UBUSDTlong	+0.0642%	4h	0.1498	long leg	$407K	$191K	5x