UBER

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0210%/8h= −23.0% APRnext payment −$2.10 per $10,000 · paid last 24h −0.020%

Price spread now: Variational Omni against Binance+0.025%7-day average +0.002% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.039%−$4 on $10k

Price spread, last 2 days (all we have)−0.018%−$2 · spread now +0.025%, 7d avg +0.002%

Together, before fees−0.057%+ Points / potential airdropVariational Omni: Active · farm board−$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Variational Omni is 0.023% dearer against Binance than usual: you sell high and buy low (spread +0.025% now, against its 7-day average of +0.002%): +$2 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 3 days (−0.039% in total) that is about 47 hours.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.039% in total (about -4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.10 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	Binance UBERUSDT	71.157	0.0302	pay 0.0302% / 8h	1h 43m	$2.3M	$636K	20x
Short	Variational Omni UBER	71.175	0.0092	get 0.0092% / 8h	1h 43m	$442K	$23K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.025%Rate

Funding earned: −$44.09
Price spread: +0.025% → +0.002%: $2.34
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$51.75
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 6 min ago; Variational Omni: RFQ quote, 40 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 Binance live order book, 6 min ago	2.81 bp	19.3 bp −$19	58.2 bp −$582	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 40 min ago	2.93 bp	doesn't fit	71.6 bp −$716	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	70.390	−1.078%	$16K	$14K	12x	as long as short
Aster UBERUSDT	0.0000%	8h	71.199	+0.059%	$93K	$11K	20x	as long as short
Bybit UBERUSDT	0.0000%	8h	71.240	+0.117%	$335K	$85K	25x	as long as short
Gate UBER_USDT	0.0000%	8h	71.160	+0.004%	$366K	$266K	20x	as long as short
Bitget UBERUSDT	0.0000%	8h	71.140	−0.024%	$403K	$62K	20x	as long as short
SunX UBER-USDT	0.0000%	8h	71.120	−0.052%	$2K	$2.1M	10x	as long as short
QFEX UBER-USD	+0.0044%	1h	71.140	−0.024%	$1.1M	$1.1M	10x	as long as short
Variational Omni UBERshort	+0.0092%	8h	71.175	+0.025%	$442K	$23K	—
KuCoin UBERUSDTM	+0.0100%	8h	71.050	−0.150%	$166K	$802K	20x	as long as short
Binance UBERUSDTlong	+0.0302%	8h	71.157	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_Perp	+0.0697%	8h	71.163	+0.009%	$389	$224K	10x	as long as short
HTX UBER-USDT	+0.1465%	8h	71.530	+0.524%	$48K	$34K	20x	as long as short