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−0.0447%/8h= −49.0% APRnext payment $2.24 per $10,000 · paid last 24h −0.094%
Price spread now: Bitget against Aster+0.082%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$134as in the Funding arb table
Net, price: spread back to 7d avg − costs−$105as in the Price arb table
costs, in and out, $10k−$1091.094% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.244%−$24 on $10k
Price spread, last 4 days (all we have)−0.101%−$10 · spread now +0.082%, 7d avg +0.034%
Together, before fees−0.345%+ Points / potential airdropAster: Stage 5 · farm board−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.048% dearer against Aster than usual: you sell high and buy low (spread +0.082% now, against its 7-day average of +0.034%): +$5 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.244% in total) that is about 33 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.244% in total (about -12.7% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.24 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
LongAster UBUSDT0.14680.0547pay 0.0274% / 4h1m 51s$398K$161K5x
ShortBitget UBUSDT0.14690.0100get 0.0050% / 4h1m 51s$2.4M$3.3M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$93.95
Price spread: +0.082% → +0.034%
$4.79
Slippage, 4 orders
−$89.42
Fee Aster: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$198.58
Costs to cover
1.094%
Break-even
never at this rate
Slippage from Aster: live order book, 55 min ago; Bitget: live order book, 1 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, 55 min ago11.62 bp37.3 bp −$37doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 1 min ago4.09 bp20.0 bp −$2065.1 bp −$651doesn'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%4h0.1470+0.182%$3.1M$16.1M50xas long as short
Bybit UBUSDT+0.0100%4h0.1467−0.048%$967K$2.5M20xas long as short
OKX UB-USDT-SWAP+0.0100%4h0.1469+0.095%$1.3M$14.0M20xas long as short
Gate UB_USDT+0.0100%4h0.1467−0.075%$1.5M$3.5M25xas long as short
MEXC UB_USDT+0.0100%4h0.1470+0.157%$679K$685K100xas long as short
KuCoin UBUSDTM+0.0100%4h0.1466−0.082%$1.0M$1.2M20xas long as short
Bitget UBUSDTshort+0.0100%4h0.1469+0.082%$2.4M$3.3M50x
BingX UB-USDT+0.0100%4h0.1468+0.055%$2.7Mas long as short
Variational Omni UB+0.0100%4h0.1465−0.150%$420$8Kas long as short
edgeX UBUSDC+0.0100%4h0.1467−0.014%$37K$268K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX UB-USDT+0.0100%4h0.1470+0.164%$16K$268K20xas long as short
BloFin UB-USDT+0.0101%4h0.1468+0.020%$153K$884K50xas long as short
Extended UB-USD+0.0104%1h0.1470+0.133%$5K$169K5xas long as short
Aster UBUSDTlong+0.0547%4h0.1468long leg$398K$161K5x