UB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0435%/8h= −47.6% APRnext payment −$2.17 per $10,000 · paid last 24h −0.118%

Price spread now: OKX against Aster+0.035%7-day average −0.149% · you sell dearer than you buy

Net, funding: paid 7d − costs−$152as in the Funding arb table

Net, price: spread back to 7d avg − costs−$104as in the Price arb table

costs, in and out, $10k−$1231.226% of the position

Long on Aster Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.298%−$30 on $10k

Price spread, last 4 days (all we have)−0.085%−$9 · spread now +0.035%, 7d avg −0.149%

Together, before fees−0.383%+ Points / potential airdropAster: Stage 5 · farm board−$38 on $10k · with fees, hour by hour

The price spread pays, funding is against you. OKX is 0.184% dearer against Aster than usual: you sell high and buy low (spread +0.035% now, against its 7-day average of −0.149%): +$18 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 34 hours. At the pace of the last 7 days (−0.298% in total) that is about 4.3 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.298% in total (about -15.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.17 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	0.1477	0.0535	pay 0.0267% / 4h	3h 31m	$401K	$201K	5x
Short	OKX UB-USDT-SWAP	0.1477	0.0100	get 0.0050% / 4h	3h 31m	$1.4M	$16.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.035%Rate

Funding earned: −$91.33
Price spread: +0.035% → −0.149%: $18.39
Slippage, 4 orders: −$104.64
Fee Aster: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$195.58
Costs to cover: 1.226%
Break-even: never at this rate

Slippage from Aster: live order book, 41 min ago; OKX: live order book, 2 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, 41 min ago	10.38 bp	29.5 bp −$30	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 2 min ago	1.02 bp	26.8 bp −$27	229.2 bp −$2,292	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	0.1480	+0.191%	$3.2M	$17.5M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1476	−0.076%	$1.0M	$2.6M	20x	as long as short
OKX UB-USDT-SWAPshort	+0.0100%	4h	0.1477	+0.035%	$1.4M	$16.6M	20x
Gate UB_USDT	+0.0100%	4h	0.1472	−0.344%	$1.5M	$3.5M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1479	+0.137%	$604K	$708K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1474	−0.197%	$1.1M	$1.4M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1479	+0.143%	$2.4M	$3.6M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1478	+0.076%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1478	+0.070%	$2K	$7K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1478	+0.091%	$37K	$264K	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	0.1477	+0.055%	$16K	$215K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1479	+0.144%	$951	$172K	5x	as long as short
BloFin UB-USDT	+0.0108%	4h	0.1474	−0.168%	$161K	$1.1M	50x	as long as short
Aster UBUSDTlong	+0.0535%	4h	0.1477	long leg	$401K	$201K	5x