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

UB

all UB markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0473%/8h= +51.7% APRnext payment +$2.36 per $10,000 · paid last 24h +0.106%
Price spread now: Aster against Bybit+0.087%7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$257as in the Price arb table
costs, in and out, $10k−$2562.560% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.296%+$30 on $10k
Price spread, last 4 days (all we have)−0.159%−$16 · spread now +0.087%, 7d avg +0.094%
Together, before fees+0.137%+ Points / potential airdropAster: Stage 5 · farm board+$14 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.094%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.296% in total (about 15.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.36 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
LongBybit UBUSDT0.14990.0100pay 0.0050% / 4h2h 53m$975K$2.5M20x
ShortAster UBUSDT0.15010.0572get 0.0286% / 4h2h 53m$407K$158K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Bybit. 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
$99.22
Price spread: +0.087% → +0.094%
−$0.71
Slippage, 4 orders
−$237.01
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Aster: 4 bp × 2 orders
−$8
Net
−$157.5
Costs to cover
2.560%
Break-even
18.1 days
Slippage from Bybit: live order book, 3 min ago; Aster: live order book, 58 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 Bybit live order book, 3 min ago2.34 bp105.4 bp −$105doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 58 min ago10.43 bp28.5 bp −$28doesn'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+0.0043%4h0.1497−0.146%$146K$858K50xas long as short
Binance UBUSDT+0.0100%4h0.1502+0.177%$3.2M$16.0M50xas long as short
Bybit UBUSDTlong+0.0100%4h0.1499long leg$975K$2.5M20x
OKX UB-USDT-SWAP+0.0100%4h0.1501+0.094%$1.5M$14.2M20xas long as short
Gate UB_USDT+0.0100%4h0.1495−0.306%$1.5M$3.4M25xas long as short
MEXC UB_USDT+0.0100%4h0.1501+0.101%$706K$651K100xas long as short
KuCoin UBUSDTM+0.0100%4h0.1496−0.236%$1.1M$1.1M20xas long as short
Bitget UBUSDT+0.0100%4h0.1499+0.001%$2.4M$3.3M50xas long as short
BingX UB-USDT+0.0100%4h0.1502+0.154%$2.7Mas long as short
Variational Omni UB+0.0100%4h0.1497−0.127%$427$8Kas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX UBUSDC+0.0100%4h0.1496−0.203%$38K$269K10xas long as short
HTX UB-USDT+0.0100%4h0.1503+0.247%$17K$286K20xas long as short
Extended UB-USD+0.0104%1h0.1501+0.125%$1K$203K5xas long as short
Aster UBUSDTshort+0.0572%4h0.1501+0.087%$407K$158K5x