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

UB

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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0471%/8h= +51.5% APRnext payment +$2.35 per $10,000 · paid last 24h +0.099%
Price spread now: Aster against Gate+0.067%7-day average +0.131% · you sell dearer than you buy
Net, funding: paid 7d − costs−$167as in the Funding arb table
Net, price: spread back to 7d avg − costs−$203as in the Price arb table
costs, in and out, $10k−$1961.961% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.290%+$29 on $10k
Price spread, last 4 days (all we have)+0.153%+$15 · spread now +0.067%, 7d avg +0.131%
Together, before fees+0.443%+ Points / potential airdropAster: Stage 5 · farm board+$44 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.065% cheaper against Gate than usual: you would sell low and buy high (spread +0.067% now, against its 7-day average of +0.131%). If the spread goes back, that is −$6 on $10k: about 11 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.290% in total) that is about 37 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.290% in total (about 15.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.35 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
LongGate UB_USDT0.14680.0100pay 0.0050% / 4h5m 24s$1.5M$3.5M25x
ShortAster UBUSDT0.14690.0571get 0.0285% / 4h5m 24s$399K$164K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Gate. 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
$98.85
Price spread: +0.067% → +0.131%
−$6.46
Slippage, 4 orders
−$173.13
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Aster: 4 bp × 2 orders
−$8
Net
−$103.74
Costs to cover
1.961%
Break-even
14.3 days
Slippage from Gate: live order book, 3 min ago; Aster: live order book, 52 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 Gate live order book, 3 min ago4.08 bp65.3 bp −$65doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 52 min ago11.62 bp29.8 bp −$30doesn'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
BloFin UB-USDT+0.0061%4h0.1472+0.252%$153K$896K50xas long as short
Binance UBUSDT+0.0100%4h0.1467−0.071%$3.1M$16.1M50xas long as short
Bybit UBUSDT+0.0100%4h0.1466−0.123%$967K$2.5M20xas long as short
OKX UB-USDT-SWAP+0.0100%4h0.1464−0.293%$1.3M$14.1M20xas long as short
Gate UB_USDTlong+0.0100%4h0.1468long leg$1.5M$3.5M25x
MEXC UB_USDT+0.0100%4h0.1468+0.014%$672K$684K100xas long as short
KuCoin UBUSDTM+0.0100%4h0.1468+0.004%$1.0M$1.2M20xas long as short
Bitget UBUSDT+0.0100%4h0.1467−0.034%$2.4M$3.3M50xas long as short
BingX UB-USDT+0.0100%4h0.1464−0.232%$2.7Mas long as short
Variational Omni UB+0.0100%4h0.1465−0.171%$420$8Kas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX UBUSDC+0.0100%4h0.1472+0.257%$37K$268K10xas long as short
HTX UB-USDT+0.0100%4h0.1468+0.014%$16K$268K20xas long as short
Extended UB-USD+0.0104%1h0.1467−0.066%$6K$169K5xas long as short
Aster UBUSDTshort+0.0571%4h0.1469+0.067%$399K$164K5x