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 12:00 UTC−0.0093%/8h= −10.2% APRnext payment $0.46 per $10,000 · paid last 24h −0.106%
Price spread now: Binance against Aster−0.036%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$139as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1121.124% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.266%−$27 on $10k
Price spread, last 4 days (all we have)+0.093%+$9 · spread now −0.036%, 7d avg −0.006%
Together, before fees−0.174%+ Points / potential airdropAster: Stage 5 · farm board−$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.030% cheaper against Aster than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.006%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster UBUSDT0.14740.0193pay 0.0096% / 4h3h 58m$400K$113K5x
ShortBinance UBUSDT0.14740.0100get 0.0050% / 4h3h 58m$3.1M$14.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Aster. 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
−$19.5
Price spread: −0.036% → −0.006%
−$3.03
Slippage, 4 orders
−$94.35
Fee Aster: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$134.88
Costs to cover
1.124%
Break-even
never at this rate
Slippage from Aster: live order book, 39 min ago; Binance: live order book, 12 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 Aster live order book, 39 min ago8.78 bp29.4 bp −$29doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 12 min ago0.67 bp19.4 bp −$1973.8 bp −$738doesn'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
Gate UB_USDT−0.6036%4h0.1472−0.145%$1.5M$3.1M25xas long as short
Bybit UBUSDT−0.3647%4h0.1472−0.174%$942K$2.2M20xas long as short
KuCoin UBUSDTM+0.0064%4h0.1473−0.103%$1.0M$970K20xas long as short
BloFin UB-USDT+0.0085%4h0.1474−0.037%$159K$823K50xas long as short
Binance UBUSDTshort+0.0100%4h0.1474−0.036%$3.1M$14.3M50x
OKX UB-USDT-SWAP+0.0100%4h0.1471−0.254%$1.4M$11.5M20xas long as short
MEXC UB_USDT+0.0100%4h0.1474−0.044%$665K$612K100xas long as short
Bitget UBUSDT+0.0100%4h0.1472−0.152%$2.4M$2.9M50xas long as short
BingX UB-USDT+0.0100%4h0.1472−0.172%$2.6Mas long as short
Variational Omni UB+0.0100%4h0.1474−0.023%$422$8Kas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX UBUSDC+0.0100%4h0.1477+0.179%$37K$273K10xas long as short
HTX UB-USDT+0.0100%4h0.1474+0.004%$16K$330K20xas long as short
Extended UB-USD+0.0104%1h0.1473−0.065%$2K$222K5xas long as short
Aster UBUSDTlong+0.0193%4h0.1474long leg$400K$113K5x