Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Bitget against KuCoin+0.141%7-day average +0.057% · you sell dearer than you buy
Net, funding: paid 7d − costs−$764as in the Funding arb table
Net, price: spread back to 7d avg − costs−$735as in the Price arb table
costs, in and out, $10k−$7437.431% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 4 days (all we have)−0.122%−$12 · spread now +0.141%, 7d avg +0.057%
=The price spread pays, funding is against you. Bitget is 0.083% dearer against KuCoin than usual: you sell high and buy low (spread +0.141% now, against its 7-day average of +0.057%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin UBERUSDTM | 71.070 | 0.0100 | pay 0.0100% / 8h | 6h 23m | $167K | $657K | 20x |
| Short | Bitget UBERUSDT | 71.170 | 0 | get 0.0000% / 8h | 6h 23m | $419K | $86K | 20x |
KuCoin UBERUSDTM
Bitget UBERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: +0.141% → +0.057%
- $8.34
- Slippage, 4 orders
- −$719.14
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$755.8
- Costs to cover
- 7.431%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 15 min ago; Bitget: live order book, 37 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 KuCoin live order book, 15 min ago | 9.15 bp | 417.9 bp −$418 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 37 min ago | 6.32 bp | 12.3 bp −$12 | 26.0 bp −$260 | 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 | −0.844% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 71.313 | +0.342% | $93K | $11K | 20x | as long as short |
| Bybit UBERUSDT | 0.0000% | 8h | 71.190 | +0.169% | $335K | $77K | 25x | as long as short |
| Gate UBER_USDT | 0.0000% | 8h | 71.190 | +0.169% | $369K | $254K | 20x | as long as short |
| Bitget UBERUSDTshort | 0.0000% | 8h | 71.170 | +0.141% | $419K | $86K | 20x | |
| Variational Omni UBER | 0.0000% | 8h | 71.185 | +0.162% | $442K | $23K | — | as long as short |
| SunX UBER-USDT | 0.0000% | 8h | 71.170 | +0.141% | $672 | $2.0M | 10x | as long as short |
| QFEX UBER-USD | +0.0066% | 1h | 71.140 | +0.098% | $1.1M | $1.0M | 10x | as long as short |
| GRVT UBER_USDT_Perp | +0.0094% | 8h | 71.179 | +0.154% | $98 | $201K | 10x | as long as short |
| KuCoin UBERUSDTMlong | +0.0100% | 8h | 71.070 | long leg | $167K | $657K | 20x |
Injective UBER/USDC PERP
Aster UBERUSDT
Bybit UBERUSDT
Gate UBER_USDT
Variational Omni UBER
SunX UBER-USDT
QFEX UBER-USD
GRVT UBER_USDT_PerpShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UBERUSDT | +0.0130% | 8h | 71.207 | +0.192% | $2.3M | $609K | 20x | as long as short |
| HTX UBER-USDT | +0.1374% | 8h | 71.660 | +0.830% | $48K | $35K | 20x | as long as short |
Binance UBERUSDT
HTX UBER-USDT