Funding you earn now, next payment 08:00 UTC+0.0390%/8h= +42.7% APRnext payment +$3.90 per $10,000 · paid last 24h +0.030%
Price spread now: Bybit against Bitget+0.098%7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$620.618% of the position
Funding, last 7 days+0.030%+$3 on $10k
+Price spread, last 4 days (all we have)+0.015%+$1 · spread now +0.098%, 7d avg +0.105%
=The price spread sits at its 7-day average of +0.105%, so right now this pair is about funding alone: +$12 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 0.030% in total (about 1.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.90 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 | 71.160 | 0 | get 0.0000% / 8h | 4h 04m | $437K | $101K | 20x |
| Short | Bybit UBERUSDT | 71.230 | 0.0390 | get 0.0390% / 8h | 4h 04m | $371K | $94K | 25x |
Bitget UBERUSDT
Bybit UBERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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
- $81.84
- Price spread: +0.098% → +0.105%
- −$0.66
- Slippage, 4 orders
- −$38.79
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $19.39
- Costs to cover
- 0.618%
- Break-even
- 5.3 days
Slippage from Bitget: live order book, 46 min ago; Bybit: live order book, 45 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, 46 min ago | 2.11 bp | 10.2 bp −$10 | 15.1 bp −$151 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 45 min ago | 7.71 bp | 20.5 bp −$20 | 375.0 bp −$3,750 | 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 | 69.490 | −2.347% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 71.540 | +0.534% | $93K | $11K | 20x | as long as short |
| Gate UBER_USDT | 0.0000% | 8h | 71.180 | +0.028% | $364K | $261K | 20x | as long as short |
| Bitget UBERUSDTlong | 0.0000% | 8h | 71.160 | long leg | $437K | $101K | 20x | |
| SunX UBER-USDT | 0.0000% | 8h | 71.160 | 0.000% | $2K | $2.0M | 10x | as long as short |
| KuCoin UBERUSDTM | +0.0100% | 8h | 71.100 | −0.084% | $167K | $570K | 20x | as long as short |
| QFEX UBER-USD | +0.0160% | 1h | 71.140 | −0.028% | $1.1M | $982K | 10x | as long as short |
| Variational Omni UBER | +0.0220% | 8h | 71.165 | +0.007% | $442K | $23K | — | as long as short |
| Binance UBERUSDT | +0.0338% | 8h | 71.164 | +0.005% | $2.4M | $659K | 20x | as long as short |
| Bybit UBERUSDTshort | +0.0390% | 8h | 71.230 | +0.098% | $371K | $94K | 25x |
Injective UBER/USDC PERP
Aster UBERUSDT
Gate UBER_USDT
SunX UBER-USDT
KuCoin UBERUSDTM
QFEX UBER-USD
Variational Omni UBER
Binance UBERUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT UBER_USDT_Perp | +0.0650% | 8h | 71.153 | −0.010% | $243 | $200K | 10x | as long as short |
| HTX UBER-USDT | +0.2212% | 8h | 71.760 | +0.843% | $48K | $35K | 20x | as long as short |
GRVT UBER_USDT_Perp
HTX UBER-USDT