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+0.0234%/8h= +25.6% APRnext payment +$1.17 per $10,000 · paid last 24h +0.107%
Price spread now: Aster against BloFin+0.134%52s7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1051.052% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.281%+$28 on $10k
Price spread, last 4 days (all we have)−0.141%−$14 · spread now +0.134%, 7d avg +0.034%
Together, before fees+0.141%+ Points / potential airdropAster: Stage 5 · farm board+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Aster is 0.101% dearer against BloFin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.034%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin UB-USDT0.14650.0135pay 0.0067% / 4h48m 24s$154K$760K50x
ShortAster UBUSDT0.14670.0368get 0.0184% / 4h48m 24s$398K$98K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
$49.05
Price spread: +0.134% → +0.034%
$10.08
Slippage, 4 orders
−$85.23
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$46.09
Costs to cover
1.052%
Break-even
13.6 days
Slippage from BloFin: live order book, 56 min ago; Aster: live order book, 57 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 BloFin live order book, 56 min ago4.47 bp18.9 bp −$19doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 57 min ago4.46 bp36.7 bp −$37doesn'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 UBUSDT+0.0100%4h0.1469+0.273%$3.0M$13.3M50xas long as short
Bybit UBUSDT+0.0100%4h0.1464−0.102%$893K$2.0M20xas long as short
OKX UB-USDT-SWAP+0.0100%4h0.1469+0.239%$1.2M$11.1M20xas long as short
Gate UB_USDT+0.0100%4h0.1462−0.239%$1.5M$3.0M25xas long as short
MEXC UB_USDT+0.0100%4h0.1469+0.225%$606K$603K100xas long as short
KuCoin UBUSDTM+0.0100%4h0.1463−0.162%$1.0M$911K20xas long as short
Bitget UBUSDT+0.0100%4h0.1468+0.164%$2.4M$2.8M50xas long as short
BingX UB-USDT+0.0100%4h0.1469+0.239%$2.5Mas long as short
Variational Omni UB+0.0100%4h0.1462−0.204%$418$8Kas long as short
edgeX UBUSDC+0.0100%4h0.1467+0.088%$37K$274K10xas long as short
Show all 14 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX UB-USDT+0.0100%4h0.1465+0.007%$16K$376K20xas long as short
Extended UB-USD+0.0104%1h0.1469+0.270%$974$225K5xas long as short
BloFin UB-USDTlong+0.0135%4h0.1465long leg$154K$760K50x
Aster UBUSDTshort+0.0368%4h0.1467+0.134%$398K$98K5x