Settings8H · net · $10k
Funding arb · Price arb /

UBER

RWAall UBER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.010%
Price spread now: KuCoin against Gate−0.169%7-day average −0.094% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,006as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,031as in the Price arb table
costs, in and out, $10k−$1,02310.232% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.170%+$17 on $10k
Price spread, last 4 days (all we have)+0.050%+$5 · spread now −0.169%, 7d avg −0.094%
Together, before fees+0.220%+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.074% cheaper against Gate than usual: you would sell low and buy high (spread −0.169% now, against its 7-day average of −0.094%). If the spread goes back, that is −$7 on $10k: about 2.5 days of funding at the current rate (+$3 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate UBER_USDT71.2000get 0.0000% / 8h2h 54m$370K$251K20x
ShortKuCoin UBERUSDTM71.0800.0100get 0.0100% / 8h2h 54m$168K$528K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$21
Price spread: −0.169% → −0.094%
−$7.44
Slippage, 4 orders
−$996.25
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,009.69
Costs to cover
10.232%
Break-even
343.6 days
Slippage from Gate: live order book, 56 min ago; KuCoin: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Gate live order book, 56 min ago11.25 bp70.2 bp −$70doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago14.06 bp516.0 bp −$516doesn't fitdoesn't fitdoesn't fit

UBER on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective UBER/USDC PERP−0.0220%1h70.460−1.039%$16K$14K12xas long as short
Aster UBERUSDT0.0000%8h71.523+0.453%$93K$11K20xas long as short
Gate UBER_USDTlong0.0000%8h71.200long leg$370K$251K20x
Bitget UBERUSDT0.0000%8h71.2000.000%$437K$101K20xas long as short
SunX UBER-USDT0.0000%8h71.120−0.112%$2K$2.0M10xas long as short
QFEX UBER-USD+0.0080%1h71.160−0.056%$1.1M$1.0M10xas long as short
KuCoin UBERUSDTMshort+0.0100%8h71.080−0.169%$168K$528K20x
Variational Omni UBER+0.0163%8h71.180−0.028%$442K$23Kas long as short
Bybit UBERUSDT+0.0228%8h71.290+0.126%$378K$92K25xas long as short
Binance UBERUSDT+0.0282%8h71.179−0.029%$2.4M$661K20xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT UBER_USDT_Perp+0.0506%8h71.146−0.076%$192$205K10xas long as short
HTX UBER-USDT+0.1857%8h71.750+0.772%$48K$35K20xas long as short