UB

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0655%/8h= +71.7% APRnext payment +$3.27 per $10,000 · paid last 24h +0.067%

Price spread now: Aster against edgeX+0.563%70s7-day average +0.056% · you sell dearer than you buy

Net, funding: paid 7d − costs−$81as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$1031.031% of the position

Long on edgeX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days+0.217%+$22 on $10k

Price spread, last 3 days (all we have)−0.564%−$56 · spread now +0.563%, 7d avg +0.056%

Together, before fees−0.347%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board−$35 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Aster is 0.507% dearer against edgeX than usual: you sell high and buy low: +$51 more if the spread goes back to its 7-day average of +0.056%. The two prices were read 70 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 0.217% in total (about 11.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.27 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	edgeX UBUSDC	0.1483	0.0100	pay 0.0050% / 4h	1h 32m	$37K	$260K	10x
Short	Aster UBUSDT	0.1491	0.0755	get 0.0377% / 4h	1h 32m	$405K	$200K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against edgeX. 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 edgeXbpFee AsterbpOrdersPrice spread, now +0.563%Rate

Funding earned: $137.49
Price spread: +0.563% → +0.056%: $50.73
Slippage, 4 orders: −$86.08
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Aster: 4 bp × 2 orders: −$8
Net: $85.14
Costs to cover: 1.031%
Break-even: 2.7 days

Slippage from edgeX: live order book, 50 min ago; Aster: live order book, 50 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 edgeX live order book, 50 min ago	6.48 bp	15.5 bp −$16	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 50 min ago	7.51 bp	32.6 bp −$33	doesn't fit	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	0.1491	+0.580%	$3.2M	$16.6M	50x	as long as short
Bybit UBUSDT	+0.0100%	4h	0.1489	+0.441%	$1.1M	$2.4M	20x	as long as short
OKX UB-USDT-SWAP	+0.0100%	4h	0.1489	+0.400%	$1.4M	$16.3M	20x	as long as short
Gate UB_USDT	+0.0100%	4h	0.1488	+0.333%	$1.5M	$3.4M	25x	as long as short
MEXC UB_USDT	+0.0100%	4h	0.1492	+0.623%	$649K	$697K	100x	as long as short
KuCoin UBUSDTM	+0.0100%	4h	0.1485	+0.148%	$1.1M	$1.4M	20x	as long as short
Bitget UBUSDT	+0.0100%	4h	0.1490	+0.495%	$2.4M	$3.5M	50x	as long as short
BingX UB-USDT	+0.0100%	4h	0.1491	+0.542%	—	$2.7M	—	as long as short
Variational Omni UB	+0.0100%	4h	0.1477	−0.417%	$93	$5K	—	as long as short
edgeX UBUSDClong	+0.0100%	4h	0.1483	long leg	$37K	$260K	10x

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX UB-USDT	+0.0100%	4h	0.1490	+0.495%	$16K	$183K	20x	as long as short
Extended UB-USD	+0.0104%	1h	0.1490	+0.495%	$957	$176K	5x	as long as short
BloFin UB-USDT	+0.0157%	4h	0.1492	+0.582%	$160K	$1.1M	50x	as long as short
Aster UBUSDTshort	+0.0755%	4h	0.1491	+0.563%	$405K	$200K	5x