UB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0555%/8h= −60.7% APRnext payment −$2.77 per $10,000 · paid last 24h −0.067%

Price spread now: BingX against Aster+0.153%7-day average −0.051% · you sell dearer than you buy

Net, funding: paid 7d − costs−$115as in the Funding arb table

Net, price: spread back to 7d avg − costs−$83as in the Price arb table

costs, in and out, $10k−$1031.030% of the position

Long on Aster Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.123%−$12 on $10k

Price spread, last 4 days (all we have)−0.145%−$15 · spread now +0.153%, 7d avg −0.051%

Together, before fees−0.269%+ Points / potential airdropAster: Stage 5 · farm board−$27 on $10k · with fees, hour by hour

The price spread pays, funding is against you. BingX is 0.204% dearer against Aster than usual: you sell high and buy low (spread +0.153% now, against its 7-day average of −0.051%): +$20 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 29 hours. At the pace of the last 7 days (−0.123% in total) that is about 12 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.123% in total (about -6.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.77 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	Aster UBUSDT	0.1490	0.0655	pay 0.0327% / 4h	47m 50s	$404K	$204K	5x
Short	BingX UB-USDT	0.1492	0.0100	get 0.0050% / 4h	47m 50s	—	$2.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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

Position, each leg$Hold fordaysFee AsterbpFee BingXbpOrdersPrice spread, now +0.153%Rate

Funding earned: −$116.47
Price spread: +0.153% → −0.051%: $20.36
Slippage, 4 orders: −$84.96
Fee Aster: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: −$199.08
Costs to cover: 1.030%
Break-even: never at this rate

Slippage from Aster: live order book, 29 min ago; BingX: live order book, 2 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 Aster live order book, 29 min ago	11.16 bp	36.3 bp −$36	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 2 min ago	0.34 bp	19.2 bp −$19	84.4 bp −$844	887.1 bp −$88.7K	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
Binance UBUSDT	+0.0100%	4h	0.1493	+0.215%	$3.3M	$16.8M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1492	+0.102%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1493	+0.193%	$1.4M	$16.4M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1489	−0.075%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1490	+0.025%	$644K	$692K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1487	−0.206%	$1.0M	$1.4M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1494	+0.240%	$2.4M	$3.5M	50x	as long as short
BingX UB-USDTshort	+0.0100%	4h	0.1492	+0.153%	—	$2.7M	—
Variational Omni UB	+0.0100%	4h	0.1485	−0.326%	$2K	$7K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1488	−0.140%	$38K	$261K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX UB-USDT	+0.0100%	4h	0.1487	−0.203%	$17K	$194K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1492	+0.136%	$957	$176K	5x	as long as short
BloFin UB-USDT	+0.0155%	4h	0.1484	−0.377%	$160K	$1.1M	50x	as long as short
Aster UBUSDTlong	+0.0655%	4h	0.1490	long leg	$404K	$204K	5x