UB

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0470%/8h= −51.5% APRnext payment −$2.35 per $10,000 · paid last 24h −0.106%

Price spread now: BingX against Aster−0.033%7-day average −0.049% · you buy dearer than you sell

Net, funding: paid 7d − costs−$129as in the Funding arb table

Net, price: spread back to 7d avg − costs−$110as in the Price arb table

costs, in and out, $10k−$1121.115% of the position

Long on Aster Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.173%−$17 on $10k

Price spread, last 4 days (all we have)+0.074%+$7 · spread now −0.033%, 7d avg −0.049%

Together, before fees−0.099%+ Points / potential airdropAster: Stage 5 · farm board−$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.049%, 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 -0.173% in total (about -9.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.35 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster UBUSDT	0.1495	0.0570	pay 0.0285% / 4h	2h 56m	$406K	$160K	5x
Short	BingX UB-USDT	0.1495	0.0100	get 0.0050% / 4h	2h 56m	—	$2.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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

Position, each leg$Hold fordaysFee AsterbpFee BingXbpOrdersPrice spread, now −0.033%Rate

Funding earned: −$98.78
Price spread: −0.033% → −0.049%: $1.58
Slippage, 4 orders: −$93.54
Fee Aster: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: −$208.74
Costs to cover: 1.115%
Break-even: never at this rate

Slippage from Aster: live order book, 56 min ago; BingX: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 56 min ago	10.43 bp	34.7 bp −$35	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 8 min ago	3.34 bp	23.4 bp −$23	75.1 bp −$751	doesn't fit	doesn't fit

UB on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UBUSDT	+0.0100%	4h	0.1495	+0.013%	$3.1M	$16.0M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1493	−0.161%	$971K	$2.5M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1494	−0.067%	$1.4M	$14.1M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1494	−0.100%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1497	+0.087%	$704K	$651K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1493	−0.171%	$1.1M	$1.1M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1495	+0.020%	$2.4M	$3.3M	50x	as long as short
BingX UB-USDTshort	+0.0100%	4h	0.1495	−0.033%	—	$2.6M	—
Variational Omni UB	+0.0100%	4h	0.1493	−0.168%	$427	$8K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1495	−0.045%	$38K	$271K	10x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX UB-USDT	+0.0100%	4h	0.1499	+0.247%	$17K	$285K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1496	+0.060%	$1K	$203K	5x	as long as short
BloFin UB-USDT	+0.0139%	4h	0.1499	+0.254%	$146K	$860K	50x	as long as short
Aster UBUSDTlong	+0.0570%	4h	0.1495	long leg	$406K	$160K	5x