UB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0602%/8h= −66.0% APRnext payment −$3.01 per $10,000 · paid last 24h −0.126%

Price spread now: OKX against Aster−0.324%7-day average −0.150% · you buy dearer than you sell

Net, funding: paid 7d − costs−$155as in the Funding arb table

Net, price: spread back to 7d avg − costs−$146as in the Price arb table

costs, in and out, $10k−$1281.283% of the position

Long on Aster Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.272%−$27 on $10k

Price spread, last 4 days (all we have)+0.341%+$34 · spread now −0.324%, 7d avg −0.150%

Together, before fees+0.069%+ Points / potential airdropAster: Stage 5 · farm board+$7 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 OKX is 0.174% cheaper against Aster than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.150%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.272% in total (about -14.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.01 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	0.1468	0.0702	pay 0.0351% / 4h	1h 51m	$398K	$201K	5x
Short	OKX UB-USDT-SWAP	0.1463	0.0100	get 0.0050% / 4h	1h 51m	$1.3M	$16.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.324%Rate

Funding earned: −$126.51
Price spread: −0.324% → −0.150%: −$17.38
Slippage, 4 orders: −$110.26
Fee Aster: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$272.15
Costs to cover: 1.283%
Break-even: never at this rate

Slippage from Aster: live order book, 31 min ago; OKX: 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, 31 min ago	7.51 bp	39.6 bp −$40	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	3.41 bp	25.9 bp −$26	241.2 bp −$2,412	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	0.1465	−0.151%	$3.2M	$16.5M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1464	−0.262%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAPshort	+0.0100%	4h	0.1463	−0.324%	$1.3M	$16.0M	20x
Gate UB_USDT	+0.0100%	4h	0.1464	−0.263%	$1.5M	$3.3M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1467	−0.045%	$644K	$691K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1464	−0.235%	$1.0M	$1.4M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1465	−0.174%	$2.4M	$3.6M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1464	−0.236%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1470	+0.175%	$92	$5K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1469	+0.104%	$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	−0.017%	$15K	$178K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1467	−0.032%	$948	$176K	5x	as long as short
BloFin UB-USDT	+0.0130%	4h	0.1468	+0.030%	$160K	$1.2M	50x	as long as short
Aster UBUSDTlong	+0.0702%	4h	0.1468	long leg	$398K	$201K	5x