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

UB

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0519%/8h= +56.8% APRnext payment +$2.59 per $10,000 · paid last 24h +0.077%
Price spread now: Aster against KuCoin+0.305%7-day average +0.111% · you sell dearer than you buy
Net, funding: paid 7d − costs−$337as in the Funding arb table
Net, price: spread back to 7d avg − costs−$335as in the Price arb table
costs, in and out, $10k−$3543.542% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.170%+$17 on $10k
Price spread, last 4 days (all we have)−0.184%−$18 · spread now +0.305%, 7d avg +0.111%
Together, before fees−0.014%+ Points / potential airdropAster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Aster is 0.194% dearer against KuCoin than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.111%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.170% in total (about 8.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.59 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
LongKuCoin UBUSDTM0.14800.0100pay 0.0050% / 4h19m 41s$1.1M$1.3M20x
ShortAster UBUSDT0.14840.0619get 0.0309% / 4h19m 41s$403K$205K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against KuCoin. 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
$108.98
Price spread: +0.305% → +0.111%
$19.37
Slippage, 4 orders
−$334.22
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$225.87
Costs to cover
3.542%
Break-even
21.5 days
Slippage from KuCoin: live order book, 6 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 KuCoin live order book, 6 min ago9.06 bp177.4 bp −$177doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 58 min ago11.16 bp31.4 bp −$31doesn'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+0.0072%4h0.1483+0.206%$161K$1.1M50xas long as short
Binance UBUSDT+0.0100%4h0.1484+0.248%$3.2M$16.9M50xas long as short
Bybit UBUSDT+0.0100%4h0.1482+0.105%$1.1M$2.4M20xas long as short
OKX UB-USDT-SWAP+0.0100%4h0.1481+0.098%$1.4M$16.3M20xas long as short
Gate UB_USDT+0.0100%4h0.1480+0.037%$1.5M$3.5M25xas long as short
MEXC UB_USDT+0.0100%4h0.1484+0.247%$644K$700K100xas long as short
KuCoin UBUSDTMlong+0.0100%4h0.1480long leg$1.1M$1.3M20x
Bitget UBUSDT+0.0100%4h0.1483+0.206%$2.4M$3.4M50xas long as short
BingX UB-USDT+0.0100%4h0.1482+0.173%$2.7Mas long as short
Variational Omni UB+0.0100%4h0.1482+0.132%$2K$7Kas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX UBUSDC+0.0100%4h0.1483+0.189%$37K$262K10xas long as short
HTX UB-USDT+0.0100%4h0.1483+0.227%$17K$201K20xas long as short
Extended UB-USD+0.0104%1h0.1483+0.233%$953$176K5xas long as short
Aster UBUSDTshort+0.0619%4h0.1484+0.305%$403K$205K5x