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−0.0317%/8h= −34.8% APRnext payment $1.59 per $10,000 · paid last 24h −0.116%
Price spread now: KuCoin against Aster−0.282%7-day average −0.116% · you buy dearer than you sell
Net, funding: paid 7d − costs−$372as in the Funding arb table
Net, price: spread back to 7d avg − costs−$366as in the Price arb table
costs, in and out, $10k−$3503.496% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.219%−$22 on $10k
Price spread, last 4 days (all we have)+0.183%+$18 · spread now −0.282%, 7d avg −0.116%
Together, before fees−0.037%+ Points / potential airdropAster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and KuCoin is 0.166% cheaper against Aster than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of −0.116%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.219% in total (about -11.4% a year). A funding rate is set anew for every payment; at this rate the next one is about $1.59 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 UBUSDT0.14850.0417pay 0.0209% / 4h1h 00m$403K$114K5x
ShortKuCoin UBUSDTM0.14810.0100get 0.0050% / 4h1h 00m$1.0M$978K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$66.67
Price spread: −0.282% → −0.116%
−$16.57
Slippage, 4 orders
−$329.59
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$432.84
Costs to cover
3.496%
Break-even
never at this rate
Slippage from Aster: live order book, 42 min ago; KuCoin: 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, 42 min ago7.33 bp31.1 bp −$31doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago15.58 bp101.1 bp −$101813.3 bp −$8,133doesn'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+0.0073%4h0.1487+0.112%$161K$836K50xas long as short
Binance UBUSDT+0.0100%4h0.1486+0.078%$3.1M$14.4M50xas long as short
Bybit UBUSDT+0.0100%4h0.1483−0.111%$958K$2.2M20xas long as short
OKX UB-USDT-SWAP+0.0100%4h0.1484−0.063%$1.4M$11.9M20xas long as short
Gate UB_USDT+0.0100%4h0.1481−0.265%$1.5M$3.3M25xas long as short
MEXC UB_USDT+0.0100%4h0.1486+0.065%$687K$661K100xas long as short
KuCoin UBUSDTMshort+0.0100%4h0.1481−0.282%$1.0M$978K20x
Bitget UBUSDT+0.0100%4h0.1484−0.043%$2.4M$2.9M50xas long as short
BingX UB-USDT+0.0100%4h0.1485−0.036%$2.6Mas long as short
Variational Omni UB+0.0100%4h0.1485−0.023%$423$8Kas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX UBUSDC+0.0100%4h0.1482−0.240%$37K$272K10xas long as short
HTX UB-USDT+0.0100%4h0.1487+0.139%$16K$314K20xas long as short
Extended UB-USD+0.0104%1h0.1486+0.041%$3K$107K5xas long as short
Aster UBUSDTlong+0.0417%4h0.1485long leg$403K$114K5x