UB

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0393%/8h= −43.1% APRnext payment −$1.97 per $10,000 · paid last 24h −0.094%

Price spread now: Bybit against Aster−0.210%7-day average −0.094% · you buy dearer than you sell

Net, funding: paid 7d − costs−$254as in the Funding arb table

Net, price: spread back to 7d avg − costs−$239as in the Price arb table

costs, in and out, $10k−$2272.270% of the position

Long on Aster Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.274%−$27 on $10k

Price spread, last 4 days (all we have)+0.241%+$24 · spread now −0.210%, 7d avg −0.094%

Together, before fees−0.032%+ Points / potential airdropAster: Stage 5 · farm board−$3 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Bybit is 0.116% cheaper against Aster than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.094%). Swap the legs.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.274% in total (about -14.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.97 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	0.1454	0.0493	pay 0.0247% / 4h	47m 43s	$394K	$170K	5x
Short	Bybit UBUSDT	0.1451	0.0100	get 0.0050% / 4h	47m 43s	$961K	$2.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.210%Rate

Funding earned: −$82.63
Price spread: −0.210% → −0.094%: −$11.57
Slippage, 4 orders: −$207.96
Fee Aster: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$321.15
Costs to cover: 2.270%
Break-even: never at this rate

Slippage from Aster: live order book, 9 min ago; Bybit: live order book, 4 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, 9 min ago	11.62 bp	37.3 bp −$37	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	2.06 bp	76.4 bp −$76	369.5 bp −$3,695	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	0.1451	−0.143%	$3.0M	$16.7M	50x	as long as short
Bybit UBUSDTshort	+0.0100%	4h	0.1451	−0.210%	$961K	$2.6M	20x
OKX UB-USDT-SWAP	+0.0100%	4h	0.1452	−0.079%	$1.3M	$14.5M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1449	−0.320%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1452	−0.099%	$635K	$673K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1450	−0.236%	$1.1M	$1.2M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1452	−0.106%	$2.4M	$3.4M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1450	−0.251%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1453	−0.028%	$31	$8K	—	as long as short
edgeX UBUSDC	+0.0100%	4h	0.1464	+0.733%	$37K	$267K	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	0.1453	−0.044%	$16K	$257K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1451	−0.161%	$5K	$174K	5x	as long as short
BloFin UB-USDT	+0.0142%	4h	0.1452	−0.086%	$152K	$927K	50x	as long as short
Aster UBUSDTlong	+0.0493%	4h	0.1454	long leg	$394K	$170K	5x