Funding you earn now, next payment 08:00 UTC−0.0153%/8h= −16.8% APRnext payment −$1.53 per $10,000 · paid last 24h −0.058%
Price spread now: Gate against Binance+0.007%7-day average −0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$296as in the Funding arb table
Net, price: spread back to 7d avg − costs−$285as in the Price arb table
costs, in and out, $10k−$2882.882% of the position
Funding, last 7 days−0.073%−$7 on $10k
+Price spread, last 2 days (all we have)−0.031%−$3 · spread now +0.007%, 7d avg −0.023%
=The price spread pays, funding is against you. Gate is 0.030% dearer against Binance than usual: you sell high and buy low (spread +0.007% now, against its 7-day average of −0.023%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 16 hours. At the pace of the last 7 days (−0.073% in total) that is about 2.9 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance UBERUSDT | 71.215 | 0.0153 | pay 0.0153% / 8h | 7h 17m | $2.3M | $615K | 20x |
| Short | Gate UBER_USDT | 71.220 | 0 | get 0.0000% / 8h | 7h 17m | $367K | $261K | 20x |
Binance UBERUSDT
Gate UBER_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Binance. 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
- −$32.18
- Price spread: +0.007% → −0.023%
- $3.03
- Slippage, 4 orders
- −$263.17
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$317.33
- Costs to cover
- 2.882%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Gate: live order book, 53 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, 2 min ago | 3.51 bp | 17.8 bp −$18 | 56.6 bp −$566 | doesn't fit | doesn't fit |
| Sell Gate live order book, 53 min ago | 9.13 bp | 59.8 bp −$60 | doesn't fit | 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 | 69.960 | −1.762% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 71.324 | +0.154% | $93K | $11K | 20x | as long as short |
| Bybit UBERUSDT | 0.0000% | 8h | 71.210 | −0.007% | $335K | $78K | 25x | as long as short |
| Gate UBER_USDTshort | 0.0000% | 8h | 71.220 | +0.007% | $367K | $261K | 20x | |
| Bitget UBERUSDT | 0.0000% | 8h | 71.220 | +0.007% | $419K | $70K | 20x | as long as short |
| Variational Omni UBER | 0.0000% | 8h | 71.220 | +0.007% | $442K | $23K | — | as long as short |
| GRVT UBER_USDT_Perp | 0.0000% | 8h | 71.221 | +0.008% | $456 | $206K | 10x | as long as short |
| SunX UBER-USDT | 0.0000% | 8h | 71.170 | −0.063% | $1K | $2.1M | 10x | as long as short |
| QFEX UBER-USD | +0.0071% | 1h | 71.180 | −0.049% | $1.1M | $1.1M | 10x | as long as short |
| KuCoin UBERUSDTM | +0.0100% | 8h | 71.110 | −0.147% | $167K | $686K | 20x | as long as short |
Injective UBER/USDC PERP
Aster UBERUSDT
Bybit UBERUSDT
Bitget UBERUSDT
Variational Omni UBER
GRVT UBER_USDT_Perp
SunX UBER-USDT
QFEX UBER-USD
KuCoin UBERUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UBERUSDTlong | +0.0153% | 8h | 71.215 | long leg | $2.3M | $615K | 20x | |
| HTX UBER-USDT | +0.1104% | 8h | 71.660 | +0.625% | $48K | $34K | 20x | as long as short |
HTX UBER-USDT