Funding you earn now, next payment 00:00 UTC+0.0310%/8h= +33.9% APRnext payment +$3.10 per $10,000 · paid last 24h +0.054%
Price spread now: Binance against Aster−0.067%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.089%+$9 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. Binance is 0.067% cheaper against Aster than usual: you would sell low and buy high (spread −0.067% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 17 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.089% in total) that is about 5.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.089% in total (about 4.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.10 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 | Aster UBERUSDT | 71.198 | 0 | get 0.0000% / 8h | 1h 39m | $93K | $11K | 20x |
| Short | Binance UBERUSDT | 71.150 | 0.0310 | get 0.0310% / 8h | 1h 39m | $2.3M | $636K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $65.05
- Price spread: −0.067% → 0.000%
- −$6.73
- Slippage, 4 orders
- no order book: not counted
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $40.32
- Costs to cover
- 0.180%
- Break-even
- 2.7 days
Slippage unknown: Aster: no order-book sample; Binance: live order book, 10 min ago. Net counts fees only.
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 Aster no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 10 min ago | 2.81 bp | 14.3 bp −$14 | 52.2 bp −$522 | doesn't fit | doesn't fit |
Aster: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
UBER on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective UBER/USDC PERP | −0.0220% | 1h | 70.340 | −1.205% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDTlong | 0.0000% | 8h | 71.198 | long leg | $93K | $11K | 20x | |
| Bybit UBERUSDT | 0.0000% | 8h | 71.230 | +0.045% | $335K | $85K | 25x | as long as short |
| Gate UBER_USDT | 0.0000% | 8h | 71.160 | −0.053% | $366K | $267K | 20x | as long as short |
| Bitget UBERUSDT | 0.0000% | 8h | 71.120 | −0.109% | $403K | $62K | 20x | as long as short |
| SunX UBER-USDT | 0.0000% | 8h | 71.130 | −0.095% | $2K | $2.1M | 10x | as long as short |
| QFEX UBER-USD | +0.0044% | 1h | 71.090 | −0.152% | $1.1M | $1.1M | 10x | as long as short |
| Variational Omni UBER | +0.0099% | 8h | 71.165 | −0.046% | $442K | $23K | — | as long as short |
| KuCoin UBERUSDTM | +0.0100% | 8h | 71.030 | −0.236% | $166K | $798K | 20x | as long as short |
| Binance UBERUSDTshort | +0.0310% | 8h | 71.150 | −0.067% | $2.3M | $636K | 20x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT UBER_USDT_Perp | +0.0697% | 8h | 71.163 | −0.048% | $389 | $224K | 10x | as long as short |
| HTX UBER-USDT | +0.1471% | 8h | 71.530 | +0.466% | $48K | $34K | 20x | as long as short |
Aster UBERUSDT
Binance UBERUSDT
Injective UBER/USDC PERP
Bybit UBERUSDT
Gate UBER_USDT
Bitget UBERUSDT
SunX UBER-USDT
Variational Omni UBER
KuCoin UBERUSDTM
GRVT UBER_USDT_Perp
HTX UBER-USDT