Funding arb · Price arb /

UBER

RWAall UBER markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.030%

Price spread now: Bybit against GRVT−0.015%100s7-day average +0.058% · you buy dearer than you sell

Net, funding: paid 7d − costs−$130as 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−$1151.153% of the position

Long on GRVT Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.150%−$15 on $10k

Price spread, last 3 days (all we have)+0.128%+$13 · spread now −0.015%, 7d avg +0.058%

Together, before fees−0.022%+ Points / potential airdropGRVT: Active · farm board−$2 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.073% cheaper against GRVT than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.058%. The two prices were read 100 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	71.221	0	get 0.0000% / 8h	7h 15m	$456	$206K	10x
Short	Bybit UBERUSDT	71.210	0	get 0.0000% / 8h	7h 15m	$335K	$78K	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit 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 BybitbpOrdersPrice spread, now −0.015%Rate

Funding earned: $0
Price spread: −0.015% → +0.058%: −$7.33
Slippage, 4 orders: −$95.3
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$122.63
Costs to cover: 1.153%
Break-even: never at this rate

Slippage from GRVT: live order book, 56 min ago; Bybit: live order book, 49 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, 56 min ago	2.81 bp	30.5 bp −$30	63.8 bp −$638	doesn't fit	doesn't fit
Sell Bybit live order book, 49 min ago	11.22 bp	32.8 bp −$33	doesn't fit	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	69.960	−1.770%	$16K	$14K	12x	as long as short
Aster UBERUSDT	0.0000%	8h	71.275	+0.076%	$93K	$11K	20x	as long as short
Bybit UBERUSDTshort	0.0000%	8h	71.210	−0.015%	$335K	$78K	25x
Gate UBER_USDT	0.0000%	8h	71.210	−0.015%	$367K	$261K	20x	as long as short
Bitget UBERUSDT	0.0000%	8h	71.180	−0.058%	$419K	$70K	20x	as long as short
Variational Omni UBER	0.0000%	8h	71.215	−0.008%	$442K	$23K	—	as long as short
GRVT UBER_USDT_Perplong	0.0000%	8h	71.221	long leg	$456	$206K	10x
SunX UBER-USDT	0.0000%	8h	71.170	−0.072%	$1K	$2.1M	10x	as long as short
QFEX UBER-USD	+0.0071%	1h	71.180	−0.058%	$1.1M	$1.1M	10x	as long as short
KuCoin UBERUSDTM	+0.0100%	8h	71.090	−0.184%	$167K	$685K	20x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance UBERUSDT	+0.0153%	8h	71.210	−0.015%	$2.3M	$615K	20x	as long as short
HTX UBER-USDT	+0.1137%	8h	71.660	+0.616%	$48K	$34K	20x	as long as short