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

UB

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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 +0.093%
Price spread now: Aster against MEXC−0.136%7-day average +0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$101as in the Price arb table
costs, in and out, $10k−$860.863% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.243%+$24 on $10k
Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.136%, 7d avg +0.006%
Together, before fees+0.310%+ Points / potential airdropAster: Stage 5 · farm board+$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.143% cheaper against MEXC than usual: you would sell low and buy high (spread −0.136% now, against its 7-day average of +0.006%). If the spread goes back, that is −$14 on $10k: about 26 hours of funding at the current rate (+$13 a day). At the pace of the last 7 days (+0.243% in total) that is about 4.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.243% in total (about 12.7% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC UB_USDT0.14790.0100pay 0.0050% / 4h3h 31m$604K$708K100x
ShortAster UBUSDT0.14770.0535get 0.0267% / 4h3h 31m$401K$201K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against MEXC. 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
$91.33
Price spread: −0.136% → +0.006%
−$14.25
Slippage, 4 orders
−$70.32
Fee MEXC: 4 bp × 2 orders
−$8
Fee Aster: 4 bp × 2 orders
−$8
Net
−$9.24
Costs to cover
0.863%
Break-even
7.7 days
Slippage from MEXC: live order book, 34 min ago; Aster: live order book, 41 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 MEXC live order book, 34 min ago1.66 bp9.9 bp −$1072.4 bp −$724233.9 bp −$23.4K537.5 bp −$268.7K
Sell Aster live order book, 41 min ago10.38 bp36.8 bp −$37doesn'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
Binance UBUSDT+0.0100%4h0.1480+0.054%$3.2M$17.5M50xas long as short
Bybit UBUSDT+0.0100%4h0.1476−0.212%$1.0M$2.6M20xas long as short
OKX UB-USDT-SWAP+0.0100%4h0.1477−0.101%$1.4M$16.6M20xas long as short
Gate UB_USDT+0.0100%4h0.1472−0.480%$1.5M$3.5M25xas long as short
MEXC UB_USDTlong+0.0100%4h0.1479long leg$604K$708K100x
KuCoin UBUSDTM+0.0100%4h0.1474−0.333%$1.1M$1.4M20xas long as short
Bitget UBUSDT+0.0100%4h0.1479+0.007%$2.4M$3.6M50xas long as short
BingX UB-USDT+0.0100%4h0.1478−0.061%$2.7Mas long as short
Variational Omni UB+0.0100%4h0.1478−0.066%$2K$7Kas long as short
edgeX UBUSDC+0.0100%4h0.1478−0.046%$37K$264K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX UB-USDT+0.0100%4h0.1477−0.081%$16K$215K20xas long as short
Extended UB-USD+0.0104%1h0.1479+0.007%$951$172K5xas long as short
BloFin UB-USDT+0.0108%4h0.1474−0.304%$161K$1.1M50xas long as short
Aster UBUSDTshort+0.0535%4h0.1477−0.136%$401K$201K5x