UBER

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0397%/8h= +43.4% APRnext payment +$3.97 per $10,000 · paid last 24h −0.054%

Price spread now: GRVT against Binance+0.041%59s7-day average −0.011% · you sell dearer than you buy

Net, funding: paid 7d − costs−$82as 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−$850.849% of the position

Long on Binance Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.031%+$3 on $10k

Price spread, last 2 days (all we have)−0.064%−$6 · spread now +0.041%, 7d avg −0.011%

Together, before fees−0.033%+ Points / potential airdropGRVT: Active · farm board−$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and GRVT is 0.052% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.011%. The two prices were read 59 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 0.031% in total (about 1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.97 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	71.136	0.0310	pay 0.0310% / 8h	1h 38m	$2.3M	$636K	20x
Short	GRVT UBER_USDT_Perp	71.165	0.0707	get 0.0707% / 8h	1h 38m	$389	$224K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now +0.041%Rate

Funding earned: $83.31
Price spread: +0.041% → −0.011%: $5.17
Slippage, 4 orders: −$65.89
Fee Binance: 5 bp × 2 orders: −$10
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: $3.59
Costs to cover: 0.849%
Break-even: 6.7 days

Slippage from Binance: live order book, 11 min ago; GRVT: live order book, 44 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	2.81 bp	19.3 bp −$19	58.2 bp −$582	doesn't fit	doesn't fit
Sell GRVT live order book, 44 min ago	2.11 bp	30.9 bp −$31	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	70.340	−1.119%	$16K	$14K	12x	as long as short
Aster UBERUSDT	0.0000%	8h	71.182	+0.065%	$93K	$11K	20x	as long as short
Bybit UBERUSDT	0.0000%	8h	71.220	+0.118%	$335K	$85K	25x	as long as short
Gate UBER_USDT	0.0000%	8h	71.150	+0.019%	$366K	$267K	20x	as long as short
Bitget UBERUSDT	0.0000%	8h	71.120	−0.023%	$403K	$62K	20x	as long as short
SunX UBER-USDT	0.0000%	8h	71.110	−0.037%	$2K	$2.1M	10x	as long as short
QFEX UBER-USD	+0.0044%	1h	71.120	−0.023%	$1.1M	$1.1M	10x	as long as short
Variational Omni UBER	+0.0099%	8h	71.165	+0.041%	$442K	$23K	—	as long as short
KuCoin UBERUSDTM	+0.0100%	8h	71.020	−0.163%	$166K	$797K	20x	as long as short
Binance UBERUSDTlong	+0.0310%	8h	71.136	long leg	$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_Perpshort	+0.0707%	8h	71.165	+0.041%	$389	$224K	10x
HTX UBER-USDT	+0.1470%	8h	71.530	+0.554%	$48K	$34K	20x	as long as short