UBER

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0253%/8h= +27.8% APRnext payment +$2.53 per $10,000 · paid last 24h +0.034%

Price spread now: Binance against Gate−0.019%7-day average +0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$282as in the Funding arb table

Net, price: spread back to 7d avg − costs−$292as in the Price arb table

costs, in and out, $10k−$2872.873% of the position

Long on Gate Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.049%+$5 on $10k

Price spread, last 2 days (all we have)+0.049%+$5 · spread now −0.019%, 7d avg +0.025%

Together, before fees+0.098%+$10 on $10k · with fees, hour by hour

Funding pays, the price is against you. Binance is 0.044% cheaper against Gate than usual: you would sell low and buy high (spread −0.019% now, against its 7-day average of +0.025%). If the spread goes back, that is −$4 on $10k: about 14 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.049% in total) that is about 6.3 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.049% in total (about 2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.53 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	Gate UBER_USDT	71.230	0	get 0.0000% / 8h	8m 27s	$367K	$267K	20x
Short	Binance UBERUSDT	71.216	0.0253	get 0.0253% / 8h	8m 27s	$2.3M	$632K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Gate. 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 GatebpFee BinancebpOrdersPrice spread, now −0.019%Rate

Funding earned: $53.22
Price spread: −0.019% → +0.025%: −$4.38
Slippage, 4 orders: −$262.27
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Binance: 5 bp × 2 orders: −$10
Net: −$238.42
Costs to cover: 2.873%
Break-even: 38.4 days

Slippage from Gate: live order book, 2 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 Gate live order book, 2 min ago	9.13 bp	193.4 bp −$193	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 11 min ago	1.40 bp	17.5 bp −$18	52.8 bp −$528	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	66.840	−6.163%	$15K	$14K	12x	as long as short
Aster UBERUSDT	0.0000%	8h	71.273	+0.060%	$93K	$11K	20x	as long as short
Bybit UBERUSDT	0.0000%	8h	71.250	+0.028%	$335K	$80K	25x	as long as short
Gate UBER_USDTlong	0.0000%	8h	71.230	long leg	$367K	$267K	20x
Bitget UBERUSDT	0.0000%	8h	71.170	−0.084%	$410K	$67K	20x	as long as short
SunX UBER-USDT	0.0000%	8h	71.190	−0.056%	$1K	$2.1M	10x	as long as short
Variational Omni UBER	+0.0069%	8h	71.150	−0.112%	$442K	$23K	—	as long as short
QFEX UBER-USD	+0.0080%	1h	71.220	−0.014%	$1.1M	$1.1M	10x	as long as short
KuCoin UBERUSDTM	+0.0100%	8h	71.100	−0.183%	$167K	$718K	20x	as long as short
Binance UBERUSDTshort	+0.0253%	8h	71.216	−0.019%	$2.3M	$632K	20x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT UBER_USDT_Perp	+0.0611%	8h	71.161	−0.097%	$762	$212K	10x	as long as short
HTX UBER-USDT	+0.1258%	8h	71.620	+0.548%	$48K	$34K	20x	as long as short