Funding arb · Price arb /

UBER

RWAall UBER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0220%/8h= −24.1% APRpaid last 24h −0.086%

Price spread now: Injective against Gate−6.150%99s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Gate Short on Injective

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Injective is 6.150% cheaper against Gate than usual: you would sell low and buy high (−$615 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 99 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate UBER_USDT	71.220	0	get 0.0000% / 8h	7m 35s	$367K	$267K	20x
Short	Injective UBER/USDC PERP	66.840	−0.0220	pay 0.0028% / 1h	7m 35s	$15K	$14K	12x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Injective 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 InjectivebpOrdersPrice spread, now −6.150%Rate

Funding earned: −$46.2
Price spread: −6.150% → 0.000%: −$615
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Injective: 0.01 bp × 2 orders: −$0.02
Net: −$676.22
Costs to cover: 0.150%
Break-even: never at this rate

Slippage unknown: Gate: live order book, 3 min ago; Injective: no order-book sample. Net counts fees only.

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, 3 min ago	9.13 bp	193.4 bp −$193	doesn't fit	doesn't fit	doesn't fit
Sell Injective no order-book sample	—	—	—	—	—

Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 PERPshort	−0.0220%	1h	66.840	−6.150%	$15K	$14K	12x
Aster UBERUSDT	0.0000%	8h	71.284	+0.089%	$93K	$11K	20x	as long as short
Bybit UBERUSDT	0.0000%	8h	71.250	+0.042%	$335K	$80K	25x	as long as short
Gate UBER_USDTlong	0.0000%	8h	71.220	long leg	$367K	$267K	20x
Bitget UBERUSDT	0.0000%	8h	71.170	−0.070%	$410K	$67K	20x	as long as short
SunX UBER-USDT	0.0000%	8h	71.170	−0.070%	$1K	$2.1M	10x	as long as short
Variational Omni UBER	+0.0069%	8h	71.150	−0.098%	$442K	$23K	—	as long as short
QFEX UBER-USD	+0.0080%	1h	71.230	+0.014%	$1.1M	$1.1M	10x	as long as short
KuCoin UBERUSDTM	+0.0100%	8h	71.070	−0.211%	$167K	$717K	20x	as long as short
Binance UBERUSDT	+0.0254%	8h	71.220	0.000%	$2.3M	$632K	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_Perp	+0.0606%	8h	71.225	+0.007%	$20	$213K	10x	as long as short
HTX UBER-USDT	+0.1254%	8h	71.620	+0.562%	$48K	$34K	20x	as long as short