UB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0478%/8h= +52.3% APRnext payment +$2.39 per $10,000 · paid last 24h +0.118%

Price spread now: Aster against OKX+0.074%7-day average +0.151% · you sell dearer than you buy

Net, funding: paid 7d − costs−$87as in the Funding arb table

Net, price: spread back to 7d avg − costs−$124as in the Price arb table

costs, in and out, $10k−$1171.168% of the position

Long on OKX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.298%+$30 on $10k

Price spread, last 4 days (all we have)−0.001%$0 · spread now +0.074%, 7d avg +0.151%

Together, before fees+0.298%+ Points / potential airdropAster: Stage 5 · farm board+$30 on $10k · with fees, hour by hour

Funding pays, the price is against you. Aster is 0.076% cheaper against OKX than usual: you would sell low and buy high (spread +0.074% now, against its 7-day average of +0.151%). If the spread goes back, that is −$8 on $10k: about 13 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.298% in total) that is about 43 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.298% in total (about 15.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.39 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	OKX UB-USDT-SWAP	0.1481	0.0100	pay 0.0050% / 4h	2h 09m	$1.4M	$15.1M	20x
Short	Aster UBUSDT	0.1482	0.0578	get 0.0289% / 4h	2h 09m	$402K	$188K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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 OKXbpFee AsterbpOrdersPrice spread, now +0.074%Rate

Funding earned: $100.37
Price spread: +0.074% → +0.151%: −$7.63
Slippage, 4 orders: −$98.81
Fee OKX: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$24.07
Costs to cover: 1.168%
Break-even: 8.7 days

Slippage from OKX: live order book, 4 min ago; Aster: live order book, 58 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 OKX live order book, 4 min ago	0.34 bp	24.1 bp −$24	318.5 bp −$3,185	doesn't fit	doesn't fit
Sell Aster live order book, 58 min ago	5.64 bp	31.2 bp −$31	doesn't fit	doesn't fit	doesn't fit

UB on 13 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	0.1483	+0.123%	$3.2M	$16.6M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1480	−0.036%	$1.0M	$2.6M	20x	as long as short
OKX UB-USDT-SWAPlong	+0.0100%	4h	0.1481	long leg	$1.4M	$15.1M	20x
Gate UB_USDT	+0.0100%	4h	0.1479	−0.128%	$1.5M	$3.5M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1482	+0.108%	$643K	$732K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1479	−0.090%	$1.1M	$1.3M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1481	+0.007%	$2.4M	$3.4M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1481	+0.034%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1476	−0.311%	$61	$8K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1479	−0.138%	$37K	$266K	10x	as long as short

Show all 13 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX UB-USDT	+0.0100%	4h	0.1483	+0.128%	$16K	$236K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1482	+0.090%	$955	$170K	5x	as long as short
Aster UBUSDTshort	+0.0578%	4h	0.1482	+0.074%	$402K	$188K	5x