Settings8H · net · $10k
Funding arb · Price arb /

UB

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0478%/8h= −52.4% APRnext payment $2.39 per $10,000 · paid last 24h −0.111%
Price spread now: Gate against Aster−0.381%7-day average −0.133% · you buy dearer than you sell
Net, funding: paid 7d − costs−$259as in the Funding arb table
Net, price: spread back to 7d avg − costs−$252as in the Price arb table
costs, in and out, $10k−$2272.273% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.312%−$31 on $10k
Price spread, last 4 days (all we have)+0.254%+$25 · spread now −0.381%, 7d avg −0.133%
Together, before fees−0.058%+ Points / potential airdropAster: Stage 5 · farm board−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and Gate is 0.248% cheaper against Aster than usual: you would sell low and buy high (−$25 if the spread goes back to its 7-day average of −0.133%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.312% in total (about -16.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.39 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 UBUSDT0.15000.0578pay 0.0289% / 4h2h 22m$407K$138K5x
ShortGate UB_USDT0.14940.0100get 0.0050% / 4h2h 22m$1.5M$3.4M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$100.4
Price spread: −0.381% → −0.133%
−$24.83
Slippage, 4 orders
−$204.26
Fee Aster: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$352.49
Costs to cover
2.273%
Break-even
never at this rate
Slippage from Aster: live order book, 25 min ago; Gate: live order book, 5 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, 25 min ago12.28 bp36.8 bp −$37doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 5 min ago5.03 bp78.1 bp −$78doesn't fitdoesn'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
BloFin UB-USDT+0.0090%4h0.1498−0.094%$162K$854K50xas long as short
Binance UBUSDT+0.0100%4h0.1497−0.190%$3.1M$15.5M50xas long as short
Bybit UBUSDT+0.0100%4h0.1496−0.268%$970K$2.4M20xas long as short
OKX UB-USDT-SWAP+0.0100%4h0.1497−0.181%$1.5M$13.4M20xas long as short
Gate UB_USDTshort+0.0100%4h0.1494−0.381%$1.5M$3.4M25x
MEXC UB_USDT+0.0100%4h0.1497−0.161%$695K$666K100xas long as short
KuCoin UBUSDTM+0.0100%4h0.1495−0.291%$1.1M$1.1M20xas long as short
Bitget UBUSDT+0.0100%4h0.1498−0.128%$2.4M$3.1M50xas long as short
BingX UB-USDT+0.0100%4h0.1496−0.228%$2.6Mas long as short
Variational Omni UB+0.0100%4h0.1491−0.578%$425$8Kas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX UBUSDC+0.0100%4h0.1490−0.609%$38K$269K10xas long as short
HTX UB-USDT+0.0100%4h0.1499−0.028%$17K$294K20xas long as short
Extended UB-USD+0.0104%1h0.1497−0.203%$5K$208K5xas long as short
Aster UBUSDTlong+0.0578%4h0.1500long leg$407K$138K5x