UBER

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0650%/8h= +71.2% APRnext payment +$6.50 per $10,000 · paid last 24h +0.136%

Price spread now: GRVT against Gate−0.038%7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$140as in the Funding arb table

Net, price: spread back to 7d avg − costs−$168as in the Price arb table

costs, in and out, $10k−$1641.640% of the position

Long on Gate Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.236%+$24 on $10k

Price spread, last 4 days (all we have)+0.045%+$5 · spread now −0.038%, 7d avg +0.004%

Together, before fees+0.282%+ Points / potential airdropGRVT: Active · farm board+$28 on $10k · with fees, hour by hour

Funding pays, the price is against you. GRVT is 0.042% cheaper against Gate than usual: you would sell low and buy high (spread −0.038% now, against its 7-day average of +0.004%). If the spread goes back, that is −$4 on $10k: about 5 hours of funding at the current rate (+$20 a day). At the pace of the last 7 days (+0.236% in total) that is about 30 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.236% in total (about 12.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.50 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	71.180	0	get 0.0000% / 8h	4h 03m	$364K	$261K	20x
Short	GRVT UBER_USDT_Perp	71.153	0.0650	get 0.0650% / 8h	4h 03m	$243	$200K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

GRVT 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 GRVTbpOrdersPrice spread, now −0.038%Rate

Funding earned: $136.5
Price spread: −0.038% → +0.004%: −$4.25
Slippage, 4 orders: −$140
Fee Gate: 7.5 bp × 2 orders: −$15
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$31.75
Costs to cover: 1.640%
Break-even: 8.6 days

Slippage from Gate: live order book, 52 min ago; GRVT: live order book, 54 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, 52 min ago	8.43 bp	98.7 bp −$99	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 54 min ago	3.51 bp	18.8 bp −$19	66.6 bp −$666	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	−2.374%	$16K	$14K	12x	as long as short
Aster UBERUSDT	0.0000%	8h	71.573	+0.552%	$93K	$11K	20x	as long as short
Gate UBER_USDTlong	0.0000%	8h	71.180	long leg	$364K	$261K	20x
Bitget UBERUSDT	0.0000%	8h	71.160	−0.028%	$437K	$101K	20x	as long as short
SunX UBER-USDT	0.0000%	8h	71.150	−0.042%	$2K	$2.0M	10x	as long as short
KuCoin UBERUSDTM	+0.0100%	8h	71.110	−0.098%	$168K	$568K	20x	as long as short
QFEX UBER-USD	+0.0160%	1h	71.140	−0.056%	$1.1M	$982K	10x	as long as short
Variational Omni UBER	+0.0220%	8h	71.165	−0.021%	$442K	$23K	—	as long as short
Binance UBERUSDT	+0.0339%	8h	71.164	−0.022%	$2.4M	$659K	20x	as long as short
Bybit UBERUSDT	+0.0391%	8h	71.240	+0.084%	$371K	$94K	25x	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	+0.0650%	8h	71.153	−0.038%	$243	$200K	10x
HTX UBER-USDT	+0.2217%	8h	71.760	+0.815%	$48K	$35K	20x	as long as short