UBER

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0114%/8h= −12.5% APRnext payment −$1.14 per $10,000 · paid last 24h −0.023%

Price spread now: KuCoin against Binance−0.023%7-day average −0.109% · you buy dearer than you sell

Net, funding: paid 7d − costs−$1,046as in the Funding arb table

Net, price: spread back to 7d avg − costs−$1,046as in the Price arb table

costs, in and out, $10k−$1,05410.544% of the position

Long on Binance Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.081%+$8 on $10k

Price spread, last 4 days (all we have)−0.588%−$59 · spread now −0.023%, 7d avg −0.109%

Together, before fees−0.508%−$51 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.086% dearer against Binance than usual: you sell high and buy low (spread −0.023% now, against its 7-day average of −0.109%): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.5 days. Mind the row above: over the last 7 days funding on this pair paid +0.081%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance UBERUSDT	71.086	0.0214	pay 0.0214% / 8h	7h 38m	$2.4M	$703K	20x
Short	KuCoin UBERUSDTM	71.070	0.0100	get 0.0100% / 8h	7h 38m	$169K	$508K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.023%Rate

Funding earned: −$23.96
Price spread: −0.023% → −0.109%: $8.57
Slippage, 4 orders: −$1,032.42
Fee Binance: 5 bp × 2 orders: −$10
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$1,069.81
Costs to cover: 10.544%
Break-even: never at this rate

Slippage from Binance: live order book, 11 min ago; KuCoin: live order book, 55 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	0.70 bp	16.8 bp −$17	52.5 bp −$525	doesn't fit	doesn't fit
Sell KuCoin live order book, 55 min ago	5.63 bp	512.2 bp −$512	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	70.400	−0.965%	$16K	$14K	12x	as long as short
Aster UBERUSDT	0.0000%	8h	71.157	+0.100%	$93K	$11K	20x	as long as short
Gate UBER_USDT	0.0000%	8h	71.070	−0.023%	$368K	$244K	20x	as long as short
Bitget UBERUSDT	0.0000%	8h	71.040	−0.065%	$467K	$147K	20x	as long as short
SunX UBER-USDT	0.0000%	8h	71.050	−0.051%	$2K	$2.0M	10x	as long as short
QFEX UBER-USD	+0.0080%	1h	71.060	−0.037%	$1.1M	$1.1M	10x	as long as short
KuCoin UBERUSDTMshort	+0.0100%	8h	71.070	−0.023%	$169K	$508K	20x
Variational Omni UBER	+0.0112%	8h	71.095	+0.012%	$445K	$27K	—	as long as short
Binance UBERUSDTlong	+0.0214%	8h	71.086	long leg	$2.4M	$703K	20x
Bybit UBERUSDT	+0.0604%	8h	71.120	+0.047%	$391K	$98K	25x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT UBER_USDT_Perp	+0.1107%	8h	71.160	+0.104%	$665	$209K	10x	as long as short
HTX UBER-USDT	+0.2891%	8h	71.640	+0.779%	$48K	$34K	20x	as long as short