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−0.0442%/8h= −48.4% APRnext payment $2.21 per $10,000 · paid last 24h −0.104%
Price spread now: KuCoin against Aster+0.026%7-day average −0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$360as in the Funding arb table
Net, price: spread back to 7d avg − costs−$327as in the Price arb table
costs, in and out, $10k−$3413.406% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.196%−$20 on $10k
Price spread, last 4 days (all we have)−0.126%−$13 · spread now +0.026%, 7d avg −0.112%
Together, before fees−0.322%+ Points / potential airdropAster: Stage 5 · farm board−$32 on $10k · with fees, hour by hour
The price spread pays, funding is against you. KuCoin is 0.138% dearer against Aster than usual: you sell high and buy low (spread +0.026% now, against its 7-day average of −0.112%): +$14 on $10k if it goes back. Holding the pair costs −$13 a day in funding at the current rate, which eats that in about 25 hours. At the pace of the last 7 days (−0.196% in total) that is about 4.9 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.196% in total (about -10.2% a year). A funding rate is set anew for every payment; at this rate the next one is about $2.21 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 UBUSDT0.14780.0542pay 0.0271% / 4h3h 30m$401K$201K5x
ShortKuCoin UBUSDTM0.14790.0100get 0.0050% / 4h3h 30m$1.1M$1.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$92.84
Price spread: +0.026% → −0.112%
$13.81
Slippage, 4 orders
−$320.59
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$419.62
Costs to cover
3.406%
Break-even
never at this rate
Slippage from Aster: live order book, 42 min ago; KuCoin: 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, 42 min ago10.38 bp29.5 bp −$30doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago11.87 bp111.0 bp −$111819.2 bp −$8,192doesn'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%4h0.1487+0.542%$3.2M$17.5M50xas long as short
Bybit UBUSDT+0.0100%4h0.1483+0.306%$1.0M$2.6M20xas long as short
OKX UB-USDT-SWAP+0.0100%4h0.1484+0.387%$1.4M$16.7M20xas long as short
Gate UB_USDT+0.0100%4h0.1478−0.012%$1.5M$3.5M25xas long as short
MEXC UB_USDT+0.0100%4h0.1483+0.319%$606K$708K100xas long as short
KuCoin UBUSDTMshort+0.0100%4h0.1479+0.026%$1.1M$1.4M20x
Bitget UBUSDT+0.0100%4h0.1485+0.441%$2.4M$3.6M50xas long as short
BingX UB-USDT+0.0100%4h0.1486+0.522%$2.7Mas long as short
Variational Omni UB+0.0100%4h0.1479+0.057%$2K$7Kas long as short
edgeX UBUSDC+0.0100%4h0.1478−0.031%$37K$264K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX UB-USDT+0.0100%4h0.1484+0.346%$16K$215K20xas long as short
Extended UB-USD+0.0104%1h0.1484+0.346%$951$172K5xas long as short
BloFin UB-USDT+0.0141%4h0.1482+0.265%$161K$1.1M50xas long as short
Aster UBUSDTlong+0.0542%4h0.1478long leg$401K$201K5x