UBER

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0197%/8h= −21.5% APRnext payment −$1.97 per $10,000 · paid last 24h −0.078%

Price spread now: Binance against GRVT+0.027%109s7-day average +0.004% · you sell dearer than you buy

Net, funding: paid 7d − costs−$104as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$880.880% of the position

Long on GRVT Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.163%−$16 on $10k

Price spread, last 4 days (all we have)−0.036%−$4 · spread now +0.027%, 7d avg +0.004%

Together, before fees−0.199%+ Points / potential airdropGRVT: Active · farm board−$20 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.023% dearer against GRVT than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of +0.004%): +$2 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.163% in total) that is about 24 hours. The two prices were read 109 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	GRVT UBER_USDT_Perp	71.180	0.0446	pay 0.0446% / 8h	2h 23m	$194	$205K	10x
Short	Binance UBERUSDT	71.199	0.0249	get 0.0249% / 8h	2h 23m	$2.4M	$658K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against GRVT. 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 GRVTbpFee BinancebpOrdersPrice spread, now +0.027%Rate

Funding earned: −$41.3
Price spread: +0.027% → +0.004%: $2.32
Slippage, 4 orders: −$69.01
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: −$126.99
Costs to cover: 0.880%
Break-even: never at this rate

Slippage from GRVT: live order book, 24 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 GRVT live order book, 24 min ago	2.81 bp	29.3 bp −$29	66.6 bp −$666	doesn't fit	doesn't fit
Sell Binance live order book, 11 min ago	2.81 bp	14.8 bp −$15	50.9 bp −$509	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	70.450	−1.026%	$16K	$14K	12x	as long as short
Aster UBERUSDT	0.0000%	8h	71.356	+0.247%	$93K	$11K	20x	as long as short
Gate UBER_USDT	0.0000%	8h	71.190	+0.014%	$370K	$253K	20x	as long as short
Bitget UBERUSDT	0.0000%	8h	71.170	−0.014%	$437K	$102K	20x	as long as short
SunX UBER-USDT	0.0000%	8h	71.110	−0.098%	$1K	$2.0M	10x	as long as short
QFEX UBER-USD	+0.0080%	1h	71.180	0.000%	$1.1M	$1.0M	10x	as long as short
KuCoin UBERUSDTM	+0.0100%	8h	71.220	+0.056%	$167K	$522K	20x	as long as short
Variational Omni UBER	+0.0132%	8h	71.165	−0.021%	$442K	$23K	—	as long as short
Bybit UBERUSDT	+0.0181%	8h	71.200	+0.028%	$377K	$92K	25x	as long as short
Binance UBERUSDTshort	+0.0249%	8h	71.199	+0.027%	$2.4M	$658K	20x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT UBER_USDT_Perplong	+0.0446%	8h	71.180	long leg	$194	$205K	10x
HTX UBER-USDT	+0.1744%	8h	71.740	+0.787%	$48K	$35K	20x	as long as short