UB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0610%/8h= −66.8% APRnext payment −$3.05 per $10,000 · paid last 24h −0.067%

Price spread now: MEXC against Aster−0.117%7-day average −0.006% · you buy dearer than you sell

Net, funding: paid 7d − costs−$125as in the Funding arb table

Net, price: spread back to 7d avg − costs−$114as in the Price arb table

costs, in and out, $10k−$1031.034% of the position

Long on Aster Short on MEXC

What this pair did over the last

the charts below follow

Funding, last 7 days−0.217%−$22 on $10k

Price spread, last 4 days (all we have)+0.199%+$20 · spread now −0.117%, 7d avg −0.006%

Together, before fees−0.017%+ Points / potential airdropAster: Stage 5 · farm board−$2 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$18 a day on $10k at the current rate, and MEXC is 0.110% cheaper against Aster than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.006%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.217% in total (about -11.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.05 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	0.1467	0.0710	pay 0.0355% / 4h	1h 50m	$398K	$201K	5x
Short	MEXC UB_USDT	0.1465	0.0100	get 0.0050% / 4h	1h 50m	$643K	$691K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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 MEXCbpOrdersPrice spread, now −0.117%Rate

Funding earned: −$128.04
Price spread: −0.117% → −0.006%: −$11.04
Slippage, 4 orders: −$87.38
Fee Aster: 4 bp × 2 orders: −$8
Fee MEXC: 4 bp × 2 orders: −$8
Net: −$242.45
Costs to cover: 1.034%
Break-even: never at this rate

Slippage from Aster: live order book, 32 min ago; MEXC: live order book, 25 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, 32 min ago	7.51 bp	39.6 bp −$40	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 25 min ago	2.75 bp	18.9 bp −$19	76.0 bp −$760	220.5 bp −$22.1K	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	0.1465	−0.092%	$3.2M	$16.5M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1464	−0.174%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1464	−0.164%	$1.3M	$16.0M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1463	−0.273%	$1.5M	$3.3M	25x	as long as short
MEXC UB_USDTshort	+0.0100%	4h	0.1465	−0.117%	$643K	$691K	100x
KuCoin UBUSDTM	+0.0100%	4h	0.1464	−0.169%	$1.0M	$1.4M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1465	−0.123%	$2.4M	$3.6M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1463	−0.280%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1470	+0.233%	$92	$5K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1469	+0.162%	$37K	$259K	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	0.1467	+0.040%	$15K	$178K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1464	−0.187%	$943	$176K	5x	as long as short
BloFin UB-USDT	+0.0130%	4h	0.1468	+0.088%	$160K	$1.2M	50x	as long as short
Aster UBUSDTlong	+0.0710%	4h	0.1467	long leg	$398K	$201K	5x