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+0.0470%/8h= +51.5% APRnext payment +$2.35 per $10,000 · paid last 24h +0.106%
Price spread now: Aster against Binance−0.091%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$89as in the Funding arb table
Net, price: spread back to 7d avg − costs−$125as in the Price arb table
costs, in and out, $10k−$1151.155% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.266%+$27 on $10k
Price spread, last 4 days (all we have)−0.013%−$1 · spread now −0.091%, 7d avg +0.002%
Together, before fees+0.254%+ Points / potential airdropAster: Stage 5 · farm board+$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.093% cheaper against Binance than usual: you would sell low and buy high (spread −0.091% now, against its 7-day average of +0.002%). If the spread goes back, that is −$9 on $10k: about 16 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.266% in total) that is about 2.5 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.266% in total (about 13.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.35 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
LongBinance UBUSDT0.14970.0100pay 0.0050% / 4h2h 56m$3.2M$16.0M50x
ShortAster UBUSDT0.14950.0570get 0.0285% / 4h2h 56m$406K$160K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against Binance. 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
$98.78
Price spread: −0.091% → +0.002%
−$9.32
Slippage, 4 orders
−$97.5
Fee Binance: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$26.04
Costs to cover
1.155%
Break-even
8.8 days
Slippage from Binance: live order book, 14 min ago; Aster: live order book, 56 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 Binance live order book, 14 min ago1.66 bp23.7 bp −$24192.3 bp −$1,923doesn't fitdoesn't fit
Sell Aster live order book, 56 min ago10.43 bp28.5 bp −$28doesn'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
Binance UBUSDTlong+0.0100%4h0.1497long leg$3.2M$16.0M50x
Bybit UBUSDT+0.0100%4h0.1494−0.171%$971K$2.5M20xas long as short
OKX UB-USDT-SWAP+0.0100%4h0.1496−0.038%$1.5M$14.2M20xas long as short
Gate UB_USDT+0.0100%4h0.1493−0.238%$1.5M$3.4M25xas long as short
MEXC UB_USDT+0.0100%4h0.1496−0.038%$704K$651K100xas long as short
KuCoin UBUSDTM+0.0100%4h0.1492−0.308%$1.1M$1.1M20xas long as short
Bitget UBUSDT+0.0100%4h0.1496−0.031%$2.4M$3.3M50xas long as short
BingX UB-USDT+0.0100%4h0.1498+0.109%$2.6Mas long as short
Variational Omni UB+0.0100%4h0.1493−0.259%$427$8Kas long as short
edgeX UBUSDC+0.0100%4h0.1495−0.136%$38K$271K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX UB-USDT+0.0100%4h0.1499+0.156%$17K$285K20xas long as short
Extended UB-USD+0.0104%1h0.1496−0.043%$1K$203K5xas long as short
BloFin UB-USDT+0.0139%4h0.1499+0.163%$146K$860K50xas long as short
Aster UBUSDTshort+0.0570%4h0.1495−0.091%$406K$160K5x