UBER

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0407%/8h= −44.6% APRnext payment −$4.07 per $10,000 · paid last 24h −0.136%

Price spread now: Gate against GRVT+0.042%51s7-day average −0.004% · you sell dearer than you buy

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

Long on GRVT Short on Gate

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)−0.019%−$2 · spread now +0.042%, 7d avg −0.004%

Together, before fees−0.255%+ Points / potential airdropGRVT: Active · farm board−$26 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.047% dearer against GRVT than usual: you sell high and buy low (spread +0.042% now, against its 7-day average of −0.004%): +$5 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.236% in total) that is about 33 hours. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.

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 −$4.07 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	GRVT UBER_USDT_Perp	71.150	0.0407	pay 0.0407% / 8h	1h 44m	$217	$208K	10x
Short	Gate UBER_USDT	71.180	0	get 0.0000% / 8h	1h 44m	$370K	$249K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against GRVT. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 GatebpOrdersPrice spread, now +0.042%Rate

Funding earned: −$85.47
Price spread: +0.042% → −0.004%: $4.65
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$104.82
Costs to cover: 0.240%
Break-even: never at this rate

Slippage unknown: GRVT: live order book, 63 min ago; Gate: live order book, 61 min ago. 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 GRVT live order book, 63 min ago	2.81 bp	29.3 bp −$29	66.6 bp −$666	doesn't fit	doesn't fit
Sell Gate live order book, 61 min ago	15.46 bp	80.7 bp −$81	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	70.470	−0.956%	$16K	$14K	12x	as long as short
Aster UBERUSDT	0.0000%	8h	71.312	+0.228%	$93K	$11K	20x	as long as short
Gate UBER_USDTshort	0.0000%	8h	71.180	+0.042%	$370K	$249K	20x
Bitget UBERUSDT	0.0000%	8h	71.170	+0.028%	$439K	$104K	20x	as long as short
SunX UBER-USDT	0.0000%	8h	71.110	−0.056%	$2K	$2.0M	10x	as long as short
QFEX UBER-USD	+0.0076%	1h	71.140	−0.014%	$1.1M	$1.1M	10x	as long as short
KuCoin UBERUSDTM	+0.0100%	8h	71.210	+0.084%	$167K	$512K	20x	as long as short
Variational Omni UBER	+0.0144%	8h	71.155	+0.007%	$442K	$23K	—	as long as short
Bybit UBERUSDT	+0.0149%	8h	71.260	+0.155%	$377K	$92K	25x	as long as short
Binance UBERUSDT	+0.0254%	8h	71.155	+0.006%	$2.4M	$650K	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_Perplong	+0.0407%	8h	71.150	long leg	$217	$208K	10x
HTX UBER-USDT	+0.1693%	8h	71.740	+0.829%	$48K	$35K	20x	as long as short