Funding you earn now, next payment 04:00 UTC+0.0427%/8h= +46.7% APRnext payment +$2.13 per $10,000 · paid last 24h +0.093%
Price spread now: Aster against edgeX−2.195%60s7-day average +0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$960.956% of the position
Funding, last 7 days+0.243%+$24 on $10k
+Price spread, last 3 days (all we have)+2.209%+$221 · spread now −2.195%, 7d avg +0.059%
=Together, before fees+2.452%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board+$245 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 2.254% cheaper against edgeX than usual: you would sell low and buy high (spread −2.195% now, against its 7-day average of +0.059%). If the spread goes back, that is −$225 on $10k: about 18 days of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.243% in total) that is about 2 months. The two prices were read 60 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 0.243% in total (about 12.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.13 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 | edgeX UBUSDC | 0.1499 | 0.0100 | pay 0.0050% / 4h | 3h 46m | $38K | $264K | 10x |
| Short | Aster UBUSDT | 0.1466 | 0.0527 | get 0.0263% / 4h | 3h 46m | $398K | $206K | 5x |
edgeX UBUSDC
Aster UBUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against edgeX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $89.59
- Price spread: −2.195% → +0.059%
- −$225.41
- Slippage, 4 orders
- −$78.57
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$231.39
- Costs to cover
- 0.956%
- Break-even
- 25.1 days
Slippage from edgeX: live order book, 26 min ago; Aster: live order book, 26 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 edgeX live order book, 26 min ago | 5.70 bp | 14.0 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 26 min ago | 10.38 bp | 36.8 bp −$37 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate UB_USDT | −0.0586% | 4h | 0.1465 | −2.264% | $1.5M | $3.4M | 25x | as long as short |
| BloFin UB-USDT | +0.0049% | 4h | 0.1470 | −1.957% | $161K | $1.1M | 50x | as long as short |
| Binance UBUSDT | +0.0100% | 4h | 0.1467 | −2.156% | $3.2M | $17.4M | 50x | as long as short |
| Bybit UBUSDT | +0.0100% | 4h | 0.1467 | −2.117% | $1.0M | $2.6M | 20x | as long as short |
| OKX UB-USDT-SWAP | +0.0100% | 4h | 0.1469 | −2.011% | $1.4M | $16.5M | 20x | as long as short |
| MEXC UB_USDT | +0.0100% | 4h | 0.1467 | −2.144% | $617K | $701K | 100x | as long as short |
| KuCoin UBUSDTM | +0.0100% | 4h | 0.1466 | −2.213% | $1.1M | $1.3M | 20x | as long as short |
| Bitget UBUSDT | +0.0100% | 4h | 0.1468 | −2.077% | $2.4M | $3.5M | 50x | as long as short |
| BingX UB-USDT | +0.0100% | 4h | 0.1466 | −2.244% | — | $2.7M | — | as long as short |
| Variational Omni UB | +0.0100% | 4h | 0.1501 | +0.102% | $2K | $7K | — | as long as short |
Gate UB_USDT
BloFin UB-USDT
Binance UBUSDT
Bybit UBUSDT
OKX UB-USDT-SWAP
MEXC UB_USDT
KuCoin UBUSDTM
Bitget UBUSDT
BingX UB-USDT
Variational Omni UBShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX UBUSDClong | +0.0100% | 4h | 0.1499 | long leg | $38K | $264K | 10x | |
| HTX UB-USDT | +0.0100% | 4h | 0.1468 | −2.091% | $16K | $209K | 20x | as long as short |
| Extended UB-USD | +0.0104% | 1h | 0.1465 | −2.252% | $945 | $172K | 5x | as long as short |
| Aster UBUSDTshort | +0.0527% | 4h | 0.1466 | −2.195% | $398K | $206K | 5x |
HTX UB-USDT
Extended UB-USD