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: Gate against KuCoin+0.155%7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$717as in the Funding arb table
Net, price: spread back to 7d avg − costs−$694as in the Price arb table
costs, in and out, $10k−$7006.998% of the position
Funding, last 7 days−0.170%−$17 on $10k
+Price spread, last 4 days (all we have)−0.036%−$4 · spread now +0.155%, 7d avg +0.094%
=The price spread pays, funding is against you. Gate is 0.061% dearer against KuCoin than usual: you sell high and buy low (spread +0.155% now, against its 7-day average of +0.094%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin UBERUSDTM | 71.100 | 0.0100 | pay 0.0100% / 8h | 3h 00m | $168K | $533K | 20x |
| Short | Gate UBER_USDT | 71.210 | 0 | get 0.0000% / 8h | 3h 00m | $370K | $257K | 20x |
KuCoin UBERUSDTM
Gate UBER_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.155% → +0.094%
- $6.06
- Slippage, 4 orders
- −$672.83
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$714.77
- Costs to cover
- 6.998%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 73 min ago; Gate: live order book, 50 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, 73 min ago | 11.26 bp | 310.3 bp −$310 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 50 min ago | 11.25 bp | 20.7 bp −$21 | 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 | 69.400 | −2.391% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 71.631 | +0.747% | $93K | $11K | 20x | as long as short |
| Gate UBER_USDTshort | 0.0000% | 8h | 71.210 | +0.155% | $370K | $257K | 20x | |
| Bitget UBERUSDT | 0.0000% | 8h | 71.190 | +0.127% | $438K | $101K | 20x | as long as short |
| SunX UBER-USDT | 0.0000% | 8h | 71.170 | +0.098% | $1K | $2.0M | 10x | as long as short |
| KuCoin UBERUSDTMlong | +0.0100% | 8h | 71.100 | long leg | $168K | $533K | 20x | |
| QFEX UBER-USD | +0.0160% | 1h | 71.190 | +0.127% | $1.1M | $1.0M | 10x | as long as short |
| Variational Omni UBER | +0.0175% | 8h | 71.220 | +0.169% | $442K | $23K | — | as long as short |
| Bybit UBERUSDT | +0.0242% | 8h | 71.320 | +0.309% | $378K | $92K | 25x | as long as short |
| Binance UBERUSDT | +0.0289% | 8h | 71.220 | +0.169% | $2.4M | $655K | 20x | as long as short |
Injective UBER/USDC PERP
Aster UBERUSDT
Bitget UBERUSDT
SunX UBER-USDT
QFEX UBER-USD
Variational Omni UBER
Bybit UBERUSDT
Binance UBERUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT UBER_USDT_Perp | +0.0550% | 8h | 71.180 | +0.112% | $473 | $206K | 10x | as long as short |
| HTX UBER-USDT | +0.1881% | 8h | 71.730 | +0.886% | $48K | $35K | 20x | as long as short |
GRVT UBER_USDT_Perp
HTX UBER-USDT