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

UB

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0477%/8h= −52.2% APRnext payment $2.38 per $10,000 · paid last 24h −0.106%
Price spread now: Bitget against Aster−0.026%7-day average +0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1241.238% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.266%−$27 on $10k
Price spread, last 4 days (all we have)+0.130%+$13 · spread now −0.026%, 7d avg +0.031%
Together, before fees−0.136%+ Points / potential airdropAster: Stage 5 · farm board−$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Bitget is 0.057% cheaper against Aster than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.031%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.266% in total (about -13.9% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.38 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
LongAster UBUSDT0.15030.0577pay 0.0288% / 4h2h 19m$408K$134K5x
ShortBitget UBUSDT0.15030.0100get 0.0050% / 4h2h 19m$2.4M$3.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$100.15
Price spread: −0.026% → +0.031%
−$5.73
Slippage, 4 orders
−$103.84
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$229.71
Costs to cover
1.238%
Break-even
never at this rate
Slippage from Aster: live order book, 28 min ago; Bitget: live order book, 4 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 Aster live order book, 28 min ago12.28 bp36.8 bp −$37doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago4.34 bp29.9 bp −$30134.9 bp −$1,349doesn'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
Binance UBUSDT+0.0100%4h0.1503+0.020%$3.2M$15.4M50xas long as short
Bybit UBUSDT+0.0100%4h0.1501−0.159%$973K$2.4M20xas long as short
OKX UB-USDT-SWAP+0.0100%4h0.1504+0.047%$1.5M$13.3M20xas long as short
Gate UB_USDT+0.0100%4h0.1501−0.159%$1.5M$3.4M25xas long as short
MEXC UB_USDT+0.0100%4h0.1503+0.027%$694K$669K100xas long as short
KuCoin UBUSDTM+0.0100%4h0.1499−0.261%$1.1M$1.1M20xas long as short
Bitget UBUSDTshort+0.0100%4h0.1503−0.026%$2.4M$3.1M50x
BingX UB-USDT+0.0100%4h0.1503−0.020%$2.6Mas long as short
Variational Omni UB+0.0100%4h0.1498−0.336%$427$8Kas long as short
edgeX UBUSDC+0.0100%4h0.1499−0.254%$38K$270K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX UB-USDT+0.0100%4h0.1504+0.034%$17K$295K20xas long as short
Extended UB-USD+0.0104%1h0.1503+0.012%$5K$208K5xas long as short
BloFin UB-USDT+0.0142%4h0.1503−0.026%$161K$856K50xas long as short
Aster UBUSDTlong+0.0577%4h0.1503long leg$408K$134K5x