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+0.0342%/8h= +37.4% APRnext payment +$1.71 per $10,000 · paid last 24h +0.106%
Price spread now: Aster against Binance+0.074%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$1081.076% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.272%+$27 on $10k
Price spread, last 4 days (all we have)−0.126%−$13 · spread now +0.074%, 7d avg +0.007%
Together, before fees+0.145%+ Points / potential airdropAster: Stage 5 · farm board+$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Aster is 0.066% dearer against Binance than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance UBUSDT0.14740.0100pay 0.0050% / 4h10m 39s$3.1M$13.0M50x
ShortAster UBUSDT0.14760.0442get 0.0221% / 4h10m 39s$402K$97K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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
$71.78
Price spread: +0.074% → +0.007%
$6.63
Slippage, 4 orders
−$89.64
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$29.23
Costs to cover
1.076%
Break-even
9.9 days
Slippage from Binance: live order book, 8 min ago; Aster: live order book, 30 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 Binance live order book, 8 min ago0.68 bp23.3 bp −$23138.4 bp −$1,384doesn't fitdoesn't fit
Sell Aster live order book, 30 min ago0.34 bp38.0 bp −$38doesn't fitdoesn'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
Binance UBUSDTlong+0.0100%4h0.1474long leg$3.1M$13.0M50x
Bybit UBUSDT+0.0100%4h0.1473−0.109%$890K$1.9M20xas long as short
OKX UB-USDT-SWAP+0.0100%4h0.1472−0.142%$1.2M$11.0M20xas long as short
Gate UB_USDT+0.0100%4h0.1471−0.217%$1.5M$3.1M25xas long as short
MEXC UB_USDT+0.0100%4h0.1474−0.007%$602K$613K100xas long as short
KuCoin UBUSDTM+0.0100%4h0.1473−0.118%$1.0M$911K20xas long as short
Bitget UBUSDT+0.0100%4h0.1472−0.149%$2.4M$2.7M50xas long as short
BingX UB-USDT+0.0100%4h0.1472−0.136%$2.5Mas long as short
Variational Omni UB+0.0100%4h0.1473−0.119%$421$8Kas long as short
edgeX UBUSDC+0.0100%4h0.1477+0.189%$37K$274K10xas long as short
Show all 14 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX UB-USDT+0.0100%4h0.1476+0.081%$16K$386K20xas long as short
Extended UB-USD+0.0104%1h0.1474−0.032%$3K$224K5xas long as short
BloFin UB-USDT+0.0129%4h0.1475+0.034%$156K$753K50xas long as short
Aster UBUSDTshort+0.0442%4h0.1476+0.074%$402K$97K5x