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

UB

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0649%/8h= +71.0% APRnext payment +$3.24 per $10,000 · paid last 24h +0.066%
Price spread now: Aster against BloFin+0.250%112s7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$106as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1291.291% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.229%+$23 on $10k
Price spread, last 3 days (all we have)−0.240%−$24 · spread now +0.250%, 7d avg +0.010%
Together, before fees−0.012%+ Points / potential airdropAster: Stage 5 · farm board−$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and Aster is 0.240% dearer against BloFin than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of +0.010%. 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 0.229% in total (about 11.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.24 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
LongBloFin UB-USDT0.14840.0102pay 0.0051% / 4h1h 27m$161K$1.1M50x
ShortAster UBUSDT0.14880.0750get 0.0375% / 4h1h 27m$403K$202K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
$136.22
Price spread: +0.250% → +0.010%
$24.01
Slippage, 4 orders
−$109.07
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
$31.16
Costs to cover
1.291%
Break-even
5.4 days
Slippage from BloFin: live order book, 5 min ago; Aster: live order book, 55 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 BloFin live order book, 5 min ago6.38 bp27.5 bp −$27doesn't fitdoesn't fitdoesn't fit
Sell Aster live order book, 55 min ago7.51 bp32.6 bp −$33doesn'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 UBUSDT+0.0100%4h0.1488+0.255%$3.2M$16.6M50xas long as short
Bybit UBUSDT+0.0100%4h0.1486+0.129%$1.1M$2.4M20xas long as short
OKX UB-USDT-SWAP+0.0100%4h0.1487+0.216%$1.4M$16.3M20xas long as short
Gate UB_USDT+0.0100%4h0.1486+0.128%$1.5M$3.4M25xas long as short
MEXC UB_USDT+0.0100%4h0.1488+0.249%$662K$704K100xas long as short
KuCoin UBUSDTM+0.0100%4h0.1485+0.073%$1.1M$1.4M20xas long as short
Bitget UBUSDT+0.0100%4h0.1488+0.256%$2.4M$3.5M50xas long as short
BingX UB-USDT+0.0100%4h0.1487+0.209%$2.7Mas long as short
Variational Omni UB+0.0100%4h0.1485+0.052%$93$5Kas long as short
edgeX UBUSDC+0.0100%4h0.1485+0.069%$38K$259K10xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX UB-USDT+0.0100%4h0.1488+0.290%$16K$184K20xas long as short
BloFin UB-USDTlong+0.0102%4h0.1484long leg$161K$1.1M50x
Extended UB-USD+0.0104%1h0.1487+0.229%$957$176K5xas long as short
Aster UBUSDTshort+0.0750%4h0.1488+0.250%$403K$202K5x