Settings8H · net · $10k
Funding arb · Price arb /

UB

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0472%/8h= +51.7% APRnext payment +$2.36 per $10,000 · paid last 24h +0.066%
Price spread now: Aster against BloFin+0.001%52s7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1021.016% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.229%+$23 on $10k
Price spread, last 3 days (all we have)−0.008%−$1 · spread now +0.001%, 7d avg +0.008%
Together, before fees+0.221%+ Points / potential airdropAster: Stage 5 · farm board+$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.008%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate. 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 +$2.36 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin UB-USDT0.14800.0112pay 0.0056% / 4h32m 17s$163K$1.1M50x
ShortAster UBUSDT0.14800.0584get 0.0292% / 4h32m 17s$401K$203K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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

Funding earned
$99.13
Price spread: +0.001% → +0.008%
−$0.71
Slippage, 4 orders
−$81.6
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$3.19
Costs to cover
1.016%
Break-even
7.2 days
Slippage from BloFin: live order book, 5 min ago; Aster: live order book, 45 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 5 min ago1.01 bp17.1 bp −$17doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 45 min ago11.16 bp31.4 bp −$31doesn't fitdoesn't fitdoesn't fit

UB on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance UBUSDT+0.0100%4h0.1481+0.077%$3.2M$16.9M50xas long as short
Bybit UBUSDT+0.0100%4h0.1478−0.099%$1.1M$2.4M20xas long as short
OKX UB-USDT-SWAP+0.0100%4h0.1479−0.054%$1.4M$16.2M20xas long as short
Gate UB_USDT+0.0100%4h0.1475−0.338%$1.5M$3.4M25xas long as short
MEXC UB_USDT+0.0100%4h0.1481+0.068%$644K$699K100xas long as short
KuCoin UBUSDTM+0.0100%4h0.1477−0.212%$1.1M$1.3M20xas long as short
Bitget UBUSDT+0.0100%4h0.1479−0.047%$2.4M$3.5M50xas long as short
BingX UB-USDT+0.0100%4h0.1480+0.007%$2.7Mas long as short
Variational Omni UB+0.0100%4h0.1477−0.167%$2K$7Kas long as short
edgeX UBUSDC+0.0100%4h0.1480−0.010%$37K$262K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX UB-USDT+0.0100%4h0.1480−0.007%$17K$198K20xas long as short
Extended UB-USD+0.0104%1h0.1480+0.033%$953$176K5xas long as short
BloFin UB-USDTlong+0.0112%4h0.1480long leg$163K$1.1M50x
Aster UBUSDTshort+0.0584%4h0.1480+0.001%$401K$203K5x