UB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0583%/8h= −63.9% APRnext payment −$2.92 per $10,000 · paid last 24h −0.126%

Price spread now: Bybit against Aster−0.141%7-day average −0.091% · you buy dearer than you sell

Net, funding: paid 7d − costs−$221as in the Funding arb table

Net, price: spread back to 7d avg − costs−$202as in the Price arb table

costs, in and out, $10k−$1971.966% of the position

Long on Aster Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.245%−$25 on $10k

Price spread, last 4 days (all we have)+0.213%+$21 · spread now −0.141%, 7d avg −0.091%

Together, before fees−0.032%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and Bybit is 0.051% cheaper against Aster than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.091%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.245% in total (about -12.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.92 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	0.1491	0.0683	pay 0.0342% / 4h	51m 54s	$404K	$204K	5x
Short	Bybit UBUSDT	0.1489	0.0100	get 0.0050% / 4h	51m 54s	$1.1M	$2.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.141%Rate

Funding earned: −$122.48
Price spread: −0.141% → −0.091%: −$5.07
Slippage, 4 orders: −$177.55
Fee Aster: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$324.11
Costs to cover: 1.966%
Break-even: never at this rate

Slippage from Aster: live order book, 25 min ago; Bybit: live order book, 5 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, 25 min ago	11.16 bp	36.3 bp −$36	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 5 min ago	3.69 bp	66.5 bp −$67	375.6 bp −$3,756	doesn't fit	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	0.1489	−0.137%	$3.2M	$16.8M	50x	as long as short
Bybit UBUSDTshort	+0.0100%	4h	0.1489	−0.141%	$1.1M	$2.4M	20x
OKX UB-USDT-SWAP	+0.0100%	4h	0.1489	−0.143%	$1.4M	$16.3M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1488	−0.163%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1489	−0.090%	$646K	$692K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1488	−0.163%	$1.1M	$1.4M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1488	−0.163%	$2.4M	$3.5M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1488	−0.197%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1489	−0.117%	$2K	$7K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1492	+0.068%	$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	0.1493	+0.132%	$17K	$193K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1488	−0.171%	$962	$176K	5x	as long as short
BloFin UB-USDT	+0.0124%	4h	0.1493	+0.172%	$161K	$1.1M	50x	as long as short
Aster UBUSDTlong	+0.0683%	4h	0.1491	long leg	$404K	$204K	5x