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

UMA

all UMA markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: OKX against Aster−0.094%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 6 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.094% cheaper against Aster than usual: you would sell low and buy high, −$9 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster UMAUSDT0.40340.0100pay 0.0050% / 4h2h 42m$24K$7695x
ShortOKX UMA-USDT-SWAP0.40300.0100get 0.0050% / 4h2h 42m$313K$237K10x

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

Funding earned
$0
Price spread: −0.094% → 0.000%
−$9.4
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
−$27.4
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Aster: no order-book sample; OKX: live order book, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell OKX live order book, 3 min ago2.47 bp34.0 bp −$34doesn't fitdoesn't fitdoesn't fit
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

UMA on 13 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
Hyperliquid UMA+0.0100%1h0.4029−0.106%$212K$68K3xas long as short
Aster UMAUSDTlong+0.0100%4h0.4034long leg$24K$7695x
Binance UMAUSDT+0.0100%4h0.4026−0.205%$1.5M$1.2M50xas long as short
Bybit UMAUSDT+0.0100%4h0.4035+0.030%$671K$151K25xas long as short
OKX UMA-USDT-SWAPshort+0.0100%4h0.4030−0.094%$313K$237K10x
Gate UMA_USDT+0.0100%4h0.4037+0.080%$78K$43K25xas long as short
MEXC UMA_USDT+0.0100%4h0.4027−0.168%$237K$165K50xas long as short
KuCoin UMAUSDTM+0.0100%4h0.4035+0.030%$155K$62K30xas long as short
Bitget UMAUSDT+0.0100%4h0.4034+0.005%$973K$68K50xas long as short
BingX UMA-USDT+0.0100%4h0.4034+0.005%$2.3Mas long as short
Show all 13 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni UMA+0.0100%4h0.4049+0.372%$5K$7as long as short
BloFin UMA-USDT+0.0125%4h0.4046+0.303%$74K$7K50xas long as short
Kraken Futures PF_UMAUSD+0.1849%1h0.4041+0.181%$14K$6K10xas long as short