UBER

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0212%/8h= +23.2% APRnext payment +$2.12 per $10,000 · paid last 24h +0.078%

Price spread now: Binance against Bitget+0.053%7-day average +0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$47as in the Funding arb table

Net, price: spread back to 7d avg − costs−$58as in the Price arb table

costs, in and out, $10k−$590.586% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.113%+$11 on $10k

Price spread, last 4 days (all we have)+0.501%+$50 · spread now +0.053%, 7d avg +0.052%

Together, before fees+0.614%+$61 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.052%, so right now this pair is about funding alone: +$6 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 0.113% in total (about 5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.12 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	Bitget UBERUSDT	71.200	0	get 0.0000% / 8h	4h 53m	$426K	$94K	20x
Short	Binance UBERUSDT	71.238	0.0212	get 0.0212% / 8h	4h 53m	$2.4M	$650K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now +0.053%Rate

Funding earned: $44.54
Price spread: +0.053% → +0.052%: $0.09
Slippage, 4 orders: −$36.58
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$13.95
Costs to cover: 0.586%
Break-even: 9.2 days

Slippage from Bitget: live order book, 62 min ago; Binance: live order book, 11 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 Bitget live order book, 62 min ago	7.02 bp	15.7 bp −$16	19.7 bp −$197	doesn't fit	doesn't fit
Sell Binance live order book, 11 min ago	2.81 bp	13.0 bp −$13	58.4 bp −$584	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	70.500	−0.983%	$16K	$14K	12x	as long as short
Aster UBERUSDT	0.0000%	8h	71.267	+0.094%	$93K	$11K	20x	as long as short
Gate UBER_USDT	0.0000%	8h	71.220	+0.028%	$364K	$259K	20x	as long as short
Bitget UBERUSDTlong	0.0000%	8h	71.200	long leg	$426K	$94K	20x
SunX UBER-USDT	0.0000%	8h	71.180	−0.028%	$2K	$2.0M	10x	as long as short
Variational Omni UBER	+0.0063%	8h	71.230	+0.042%	$442K	$23K	—	as long as short
KuCoin UBERUSDTM	+0.0100%	8h	71.130	−0.098%	$168K	$609K	20x	as long as short
QFEX UBER-USD	+0.0160%	1h	71.200	0.000%	$1.1M	$1.0M	10x	as long as short
Bybit UBERUSDT	+0.0195%	8h	71.310	+0.154%	$372K	$94K	25x	as long as short
Binance UBERUSDTshort	+0.0212%	8h	71.238	+0.053%	$2.4M	$650K	20x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT UBER_USDT_Perp	+0.0446%	8h	71.222	+0.031%	$80	$197K	10x	as long as short
HTX UBER-USDT	+0.1830%	8h	71.760	+0.787%	$48K	$35K	20x	as long as short