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+0.0474%/8h= +51.9% APRnext payment +$2.37 per $10,000 · paid last 24h +0.124%
Price spread now: Aster against OKX+0.047%7-day average +0.145% · 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−$123as in the Price arb table
costs, in and out, $10k−$1141.136% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.322%+$32 on $10k
Price spread, last 4 days (all we have)−0.064%−$6 · spread now +0.047%, 7d avg +0.145%
Together, before fees+0.258%+ Points / potential airdropAster: Stage 5 · farm board+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. Aster is 0.098% cheaper against OKX than usual: you would sell low and buy high (spread +0.047% now, against its 7-day average of +0.145%). If the spread goes back, that is −$10 on $10k: about 17 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.322% in total) that is about 2.1 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.322% in total (about 16.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.37 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
LongOKX UB-USDT-SWAP0.15000.0100pay 0.0050% / 4h2h 53m$1.5M$14.2M20x
ShortAster UBUSDT0.15010.0574get 0.0287% / 4h2h 53m$407K$158K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against OKX. 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
$99.52
Price spread: +0.047% → +0.145%
−$9.82
Slippage, 4 orders
−$95.64
Fee OKX: 5 bp × 2 orders
−$10
Fee Aster: 4 bp × 2 orders
−$8
Net
−$23.94
Costs to cover
1.136%
Break-even
8.7 days
Slippage from OKX: live order book, 5 min ago; Aster: live order book, 59 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 OKX live order book, 5 min ago1.34 bp24.5 bp −$25405.8 bp −$4,058doesn't fitdoesn't fit
Sell Aster live order book, 59 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
BloFin UB-USDT+0.0043%4h0.1497−0.187%$146K$858K50xas long as short
Binance UBUSDT+0.0100%4h0.1502+0.133%$3.2M$16.0M50xas long as short
Bybit UBUSDT+0.0100%4h0.1499−0.049%$975K$2.5M20xas long as short
OKX UB-USDT-SWAPlong+0.0100%4h0.1500long leg$1.5M$14.2M20x
Gate UB_USDT+0.0100%4h0.1496−0.273%$1.5M$3.4M25xas long as short
MEXC UB_USDT+0.0100%4h0.1503+0.187%$706K$651K100xas long as short
KuCoin UBUSDTM+0.0100%4h0.1497−0.201%$1.1M$1.1M20xas long as short
Bitget UBUSDT+0.0100%4h0.1499−0.040%$2.4M$3.3M50xas long as short
BingX UB-USDT+0.0100%4h0.1501+0.040%$2.6Mas long as short
Variational Omni UB+0.0100%4h0.1497−0.167%$427$8Kas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX UBUSDC+0.0100%4h0.1496−0.243%$38K$269K10xas long as short
HTX UB-USDT+0.0100%4h0.1503+0.207%$17K$286K20xas long as short
Extended UB-USD+0.0104%1h0.1502+0.107%$1K$203K5xas long as short
Aster UBUSDTshort+0.0574%4h0.1501+0.047%$407K$158K5x