Funding you earn now, next payment 08:00 UTC−0.0416%/8h= −45.6% APRnext payment −$2.08 per $10,000 · paid last 24h −0.107%
Price spread now: BloFin against Aster+0.005%112s7-day average −0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1161.160% of the position
Funding, last 7 days−0.278%−$28 on $10k
+Price spread, last 4 days (all we have)−0.015%−$1 · spread now +0.005%, 7d avg −0.028%
=Together, before fees−0.293%+ Points / potential airdropAster: Stage 5 · farm board−$29 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.033% dearer against Aster than usual: you sell high and buy low (spread +0.005% now, against its 7-day average of −0.028%): +$3 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.278% in total) that is about 20 hours. The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.278% in total (about -14.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.08 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 | 0.1486 | 0.0568 | pay 0.0284% / 4h | 3h 49m | $403K | $161K | 5x |
| Short | BloFin UB-USDT | 0.1486 | 0.0152 | get 0.0076% / 4h | 3h 49m | $155K | $858K | 50x |
Aster UBUSDT
BloFin UB-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$87.36
- Price spread: +0.005% → −0.028%
- $3.31
- Slippage, 4 orders
- −$96.03
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$200.08
- Costs to cover
- 1.160%
- Break-even
- never at this rate
Slippage from Aster: live order book, 3 min ago; BloFin: live order book, 48 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, 3 min ago | 10.43 bp | 34.7 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin live order book, 48 min ago | 1.36 bp | 34.5 bp −$34 | doesn't fit | 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 | 0.1482 | −0.227% | $3.1M | $16.0M | 50x | as long as short |
| Bybit UBUSDT | +0.0100% | 4h | 0.1481 | −0.343% | $975K | $2.5M | 20x | as long as short |
| OKX UB-USDT-SWAP | +0.0100% | 4h | 0.1481 | −0.305% | $1.3M | $14.0M | 20x | as long as short |
| Gate UB_USDT | +0.0100% | 4h | 0.1480 | −0.345% | $1.5M | $3.4M | 25x | as long as short |
| MEXC UB_USDT | +0.0100% | 4h | 0.1482 | −0.237% | $681K | $651K | 100x | as long as short |
| KuCoin UBUSDTM | +0.0100% | 4h | 0.1482 | −0.245% | $1.1M | $1.2M | 20x | as long as short |
| Bitget UBUSDT | +0.0100% | 4h | 0.1482 | −0.257% | $2.4M | $3.2M | 50x | as long as short |
| Variational Omni UB | +0.0100% | 4h | 0.1484 | −0.130% | $424 | $8K | — | as long as short |
| edgeX UBUSDC | +0.0100% | 4h | 0.1486 | +0.011% | $38K | $268K | 10x | as long as short |
| HTX UB-USDT | +0.0100% | 4h | 0.1485 | −0.042% | $16K | $272K | 20x | as long as short |
Binance UBUSDT
Bybit UBUSDT
OKX UB-USDT-SWAP
Gate UB_USDT
MEXC UB_USDT
KuCoin UBUSDTM
Bitget UBUSDT
Variational Omni UB
edgeX UBUSDC
HTX UB-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended UB-USD | +0.0104% | 1h | 0.1482 | −0.246% | $6K | $169K | 5x | as long as short |
| BloFin UB-USDTshort | +0.0152% | 4h | 0.1486 | +0.005% | $155K | $858K | 50x | |
| BingX UB-USDT | +0.0266% | 4h | 0.1481 | −0.311% | — | $2.7M | — | as long as short |
| Aster UBUSDTlong | +0.0568% | 4h | 0.1486 | long leg | $403K | $161K | 5x |
Extended UB-USD
BingX UB-USDT