UBER

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0391%/8h= −42.8% APRnext payment −$3.91 per $10,000 · paid last 24h −0.030%

Price spread now: Bitget against Bybit−0.112%7-day average −0.105% · you buy dearer than you sell

Net, funding: paid 7d − costs−$65as in the Funding arb table

Net, price: spread back to 7d avg − costs−$63as in the Price arb table

costs, in and out, $10k−$620.618% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.030%−$3 on $10k

Price spread, last 4 days (all we have)−0.001%$0 · spread now −0.112%, 7d avg −0.105%

Together, before fees−0.031%−$3 on $10k · with fees, hour by hour

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 −$3.91 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	Bybit UBERUSDT	71.240	0.0391	pay 0.0391% / 8h	4h 03m	$371K	$94K	25x
Short	Bitget UBERUSDT	71.160	0	get 0.0000% / 8h	4h 03m	$437K	$101K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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 BybitbpFee BitgetbpOrdersPrice spread, now −0.112%Rate

Funding earned: −$82.07
Price spread: −0.112% → −0.105%: −$0.73
Slippage, 4 orders: −$38.79
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$144.59
Costs to cover: 0.618%
Break-even: never at this rate

Slippage from Bybit: live order book, 46 min ago; Bitget: live order book, 47 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 Bybit live order book, 46 min ago	7.71 bp	21.6 bp −$22	460.7 bp −$4,607	doesn't fit	doesn't fit
Sell Bitget live order book, 47 min ago	2.11 bp	9.5 bp −$10	19.2 bp −$192	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	−2.456%	$16K	$14K	12x	as long as short
Aster UBERUSDT	0.0000%	8h	71.581	+0.479%	$93K	$11K	20x	as long as short
Gate UBER_USDT	0.0000%	8h	71.180	−0.084%	$364K	$261K	20x	as long as short
Bitget UBERUSDTshort	0.0000%	8h	71.160	−0.112%	$437K	$101K	20x
SunX UBER-USDT	0.0000%	8h	71.160	−0.112%	$2K	$2.0M	10x	as long as short
KuCoin UBERUSDTM	+0.0100%	8h	71.110	−0.182%	$167K	$570K	20x	as long as short
QFEX UBER-USD	+0.0160%	1h	71.140	−0.140%	$1.1M	$982K	10x	as long as short
Variational Omni UBER	+0.0220%	8h	71.165	−0.105%	$442K	$23K	—	as long as short
Binance UBERUSDT	+0.0339%	8h	71.164	−0.107%	$2.4M	$659K	20x	as long as short
Bybit UBERUSDTlong	+0.0391%	8h	71.240	long leg	$371K	$94K	25x

Show 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	−0.122%	$243	$200K	10x	as long as short
HTX UBER-USDT	+0.2216%	8h	71.760	+0.730%	$48K	$35K	20x	as long as short