UBER

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0253%/8h= −27.8% APRnext payment −$2.53 per $10,000 · paid last 24h −0.054%

Price spread now: Bitget against Binance−0.070%7-day average −0.067% · you buy dearer than you sell

Net, funding: paid 7d − costs−$74as in the Funding arb table

Net, price: spread back to 7d avg − costs−$66as in the Price arb table

costs, in and out, $10k−$650.653% of the position

Long on Binance Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.089%−$9 on $10k

Price spread, last 2 days (all we have)+0.058%+$6 · spread now −0.070%, 7d avg −0.067%

Together, before fees−0.031%−$3 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.067%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.

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 −$2.53 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	Binance UBERUSDT	71.220	0.0253	pay 0.0253% / 8h	8m 36s	$2.3M	$632K	20x
Short	Bitget UBERUSDT	71.170	0	get 0.0000% / 8h	8m 36s	$410K	$67K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget 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

Position, each leg$Hold fordaysFee BinancebpFee BitgetbpOrdersPrice spread, now −0.070%Rate

Funding earned: −$53.22
Price spread: −0.070% → −0.067%: −$0.36
Slippage, 4 orders: −$43.32
Fee Binance: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$118.9
Costs to cover: 0.653%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; Bitget: live order book, 62 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 Binance live order book, 11 min ago	1.40 bp	16.5 bp −$17	51.3 bp −$513	doesn't fit	doesn't fit
Sell Bitget live order book, 62 min ago	2.11 bp	21.3 bp −$21	38.3 bp −$383	doesn't fit	doesn't fit

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	66.840	−6.150%	$15K	$14K	12x	as long as short
Aster UBERUSDT	0.0000%	8h	71.299	+0.111%	$93K	$11K	20x	as long as short
Bybit UBERUSDT	0.0000%	8h	71.250	+0.042%	$335K	$80K	25x	as long as short
Gate UBER_USDT	0.0000%	8h	71.230	+0.014%	$367K	$267K	20x	as long as short
Bitget UBERUSDTshort	0.0000%	8h	71.170	−0.070%	$410K	$67K	20x
SunX UBER-USDT	0.0000%	8h	71.190	−0.042%	$1K	$2.1M	10x	as long as short
Variational Omni UBER	+0.0069%	8h	71.150	−0.098%	$442K	$23K	—	as long as short
QFEX UBER-USD	+0.0080%	1h	71.240	+0.028%	$1.1M	$1.1M	10x	as long as short
KuCoin UBERUSDTM	+0.0100%	8h	71.100	−0.168%	$167K	$718K	20x	as long as short
Binance UBERUSDTlong	+0.0253%	8h	71.220	long leg	$2.3M	$632K	20x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT UBER_USDT_Perp	+0.0611%	8h	71.161	−0.083%	$762	$212K	10x	as long as short
HTX UBER-USDT	+0.1258%	8h	71.620	+0.562%	$48K	$34K	20x	as long as short