UBER

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0307%/8h= +33.7% APRnext payment +$3.07 per $10,000 · paid last 24h +0.126%

Price spread now: GRVT against Bybit−0.140%7-day average −0.057% · you buy dearer than you sell

Net, funding: paid 7d − costs−$83as in the Funding arb table

Net, price: spread back to 7d avg − costs−$115as in the Price arb table

costs, in and out, $10k−$1071.072% of the position

Long on Bybit Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.246%+$25 on $10k

Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.140%, 7d avg −0.057%

Together, before fees+0.274%+ Points / potential airdropGRVT: Active · farm board+$27 on $10k · with fees, hour by hour

Funding pays, the price is against you. GRVT is 0.083% cheaper against Bybit than usual: you would sell low and buy high (spread −0.140% now, against its 7-day average of −0.057%). If the spread goes back, that is −$8 on $10k: about 22 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.246% in total) that is about 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit UBERUSDT	71.300	0.0013	pay 0.0013% / 8h	5h 15m	$372K	$94K	25x
Short	GRVT UBER_USDT_Perp	71.200	0.0320	get 0.0320% / 8h	5h 15m	$730	$197K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.140%Rate

Funding earned: $64.55
Price spread: −0.140% → −0.057%: −$8.32
Slippage, 4 orders: −$87.15
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$50.91
Costs to cover: 1.072%
Break-even: 12.5 days

Slippage from Bybit: live order book, 39 min ago; GRVT: 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, 39 min ago	3.50 bp	16.1 bp −$16	344.9 bp −$3,449	doesn't fit	doesn't fit
Sell GRVT live order book, 47 min ago	4.21 bp	24.5 bp −$24	67.6 bp −$676	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	70.480	−1.150%	$16K	$14K	12x	as long as short
Aster UBERUSDT	0.0000%	8h	71.317	+0.024%	$93K	$11K	20x	as long as short
Gate UBER_USDT	0.0000%	8h	71.180	−0.168%	$364K	$263K	20x	as long as short
Bitget UBERUSDT	0.0000%	8h	71.190	−0.154%	$425K	$94K	20x	as long as short
Variational Omni UBER	0.0000%	8h	71.210	−0.126%	$442K	$23K	—	as long as short
SunX UBER-USDT	0.0000%	8h	71.130	−0.238%	$2K	$2.0M	10x	as long as short
Bybit UBERUSDTlong	+0.0013%	8h	71.300	long leg	$372K	$94K	25x
QFEX UBER-USD	+0.0080%	1h	71.190	−0.154%	$1.1M	$1.0M	10x	as long as short
KuCoin UBERUSDTM	+0.0100%	8h	71.110	−0.266%	$168K	$627K	20x	as long as short
Binance UBERUSDT	+0.0141%	8h	71.200	−0.140%	$2.3M	$643K	20x	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_Perpshort	+0.0320%	8h	71.200	−0.140%	$730	$197K	10x
HTX UBER-USDT	+0.1608%	8h	71.720	+0.589%	$48K	$35K	20x	as long as short