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

UB

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0613%/8h= −67.1% APRnext payment $3.06 per $10,000 · paid last 24h −0.067%
Price spread now: edgeX against Aster+0.119%50s7-day average −0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1031.031% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.217%−$22 on $10k
Price spread, last 3 days (all we have)−0.119%−$12 · spread now +0.119%, 7d avg −0.056%
Together, before fees−0.336%+ Points / potential airdropAster: Stage 5 · edgeX: Active · farm board−$34 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.175% dearer against Aster than usual: you sell high and buy low (spread +0.119% now, against its 7-day average of −0.056%): +$18 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 23 hours. At the pace of the last 7 days (−0.217% in total) that is about 5.7 days. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.217% in total (about -11.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $3.06 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 UBUSDT0.14840.0713pay 0.0356% / 4h1h 20m$403K$203K5x
ShortedgeX UBUSDC0.14860.0100get 0.0050% / 4h1h 20m$38K$260K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$128.7
Price spread: +0.119% → −0.056%
$17.54
Slippage, 4 orders
−$86.08
Fee Aster: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$214.24
Costs to cover
1.031%
Break-even
never at this rate
Slippage from Aster: live order book, 61 min ago; edgeX: live order book, 62 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, 61 min ago7.51 bp39.6 bp −$40doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 62 min ago6.48 bp15.3 bp −$15doesn't fitdoesn'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
BloFin UB-USDT+0.0055%4h0.1483−0.085%$162K$1.1M50xas long as short
Binance UBUSDT+0.0100%4h0.1484−0.045%$3.2M$16.7M50xas long as short
Bybit UBUSDT+0.0100%4h0.1482−0.177%$1.1M$2.4M20xas long as short
OKX UB-USDT-SWAP+0.0100%4h0.1482−0.173%$1.4M$16.2M20xas long as short
Gate UB_USDT+0.0100%4h0.1480−0.281%$1.5M$3.4M25xas long as short
MEXC UB_USDT+0.0100%4h0.1485+0.029%$652K$706K100xas long as short
KuCoin UBUSDTM+0.0100%4h0.1481−0.205%$1.0M$1.4M20xas long as short
Bitget UBUSDT+0.0100%4h0.1481−0.206%$2.4M$3.5M50xas long as short
BingX UB-USDT+0.0100%4h0.1483−0.092%$2.7Mas long as short
Variational Omni UB+0.0100%4h0.1487+0.202%$93$5Kas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX UBUSDCshort+0.0100%4h0.1486+0.119%$38K$260K10x
HTX UB-USDT+0.0100%4h0.1484−0.011%$16K$185K20xas long as short
Extended UB-USD+0.0104%1h0.1485+0.010%$957$176K5xas long as short
Aster UBUSDTlong+0.0713%4h0.1484long leg$403K$203K5x