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

UB

all UB markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0271%/8h= −29.7% APRnext payment $1.35 per $10,000 · paid last 24h −0.107%
Price spread now: BloFin against Aster−0.119%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$114as in the Price arb table
costs, in and out, $10k−$1051.052% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.281%−$28 on $10k
Price spread, last 4 days (all we have)+0.110%+$11 · spread now −0.119%, 7d avg −0.033%
Together, before fees−0.172%+ Points / potential airdropAster: Stage 5 · farm board−$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and BloFin is 0.086% cheaper against Aster than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.033%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster UBUSDT0.14630.0351pay 0.0175% / 4h1h 28m$397K$95K5x
ShortBloFin UB-USDT0.14620.0080get 0.0040% / 4h1h 28m$154K$780K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
−$56.86
Price spread: −0.119% → −0.033%
−$8.63
Slippage, 4 orders
−$85.23
Fee Aster: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$170.73
Costs to cover
1.052%
Break-even
never at this rate
Slippage from Aster: live order book, 17 min ago; BloFin: live order book, 16 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, 17 min ago4.46 bp24.4 bp −$24doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 16 min ago4.47 bp25.3 bp −$2556.9 bp −$569doesn't fitdoesn't fit

UB on 14 exchanges

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-USDTshort+0.0080%4h0.1462−0.119%$154K$780K50x
Binance UBUSDT+0.0100%4h0.1462−0.131%$3.0M$13.4M50xas long as short
Bybit UBUSDT+0.0100%4h0.1459−0.306%$906K$2.0M20xas long as short
OKX UB-USDT-SWAP+0.0100%4h0.1460−0.235%$1.2M$11.0M20xas long as short
Gate UB_USDT+0.0100%4h0.1460−0.249%$1.5M$3.2M25xas long as short
MEXC UB_USDT+0.0100%4h0.1462−0.119%$606K$618K100xas long as short
KuCoin UBUSDTM+0.0100%4h0.1456−0.542%$1.0M$906K20xas long as short
Bitget UBUSDT+0.0100%4h0.1460−0.222%$2.3M$2.8M50xas long as short
BingX UB-USDT+0.0100%4h0.1461−0.201%$2.5Mas long as short
Variational Omni UB+0.0100%4h0.1461−0.146%$417$8Kas long as short
Show all 14 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX UBUSDC+0.0100%4h0.1463−0.013%$37K$275K10xas long as short
HTX UB-USDT+0.0100%4h0.1462−0.112%$16K$366K20xas long as short
Extended UB-USD+0.0104%1h0.1461−0.172%$2K$220K5xas long as short
Aster UBUSDTlong+0.0351%4h0.1463long leg$397K$95K5x