Funding you earn now, next payment 08:00 UTC−0.0144%/8h= −15.7% APRnext payment −$1.44 per $10,000 · paid last 24h −0.078%
Price spread now: Bitget against Binance+0.042%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$79as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$680.675% of the position
Funding, last 7 days−0.113%−$11 on $10k
+Price spread, last 4 days (all we have)−0.596%−$60 · spread now +0.042%, 7d avg −0.052%
=The price spread pays, funding is against you. Bitget is 0.095% dearer against Binance than usual: you sell high and buy low (spread +0.042% now, against its 7-day average of −0.052%): +$9 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.2 days. At the pace of the last 7 days (−0.113% in total) that is about 5.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance UBERUSDT | 71.160 | 0.0144 | pay 0.0144% / 8h | 5h 09m | $2.3M | $642K | 20x |
| Short | Bitget UBERUSDT | 71.190 | 0 | get 0.0000% / 8h | 5h 09m | $426K | $95K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$30.19
- Price spread: +0.042% → −0.052%
- $9.45
- Slippage, 4 orders
- −$45.55
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$88.28
- Costs to cover
- 0.675%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; Bitget: live order book, 46 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 Binance live order book, 10 min ago | 2.11 bp | 15.2 bp −$15 | 54.1 bp −$541 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 46 min ago | 7.02 bp | 18.5 bp −$19 | 23.2 bp −$232 | 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 | 70.480 | −0.956% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 71.280 | +0.168% | $93K | $11K | 20x | as long as short |
| Gate UBER_USDT | 0.0000% | 8h | 71.190 | +0.042% | $364K | $264K | 20x | as long as short |
| Bitget UBERUSDTshort | 0.0000% | 8h | 71.190 | +0.042% | $426K | $95K | 20x | |
| Variational Omni UBER | 0.0000% | 8h | 71.215 | +0.077% | $442K | $23K | — | as long as short |
| SunX UBER-USDT | 0.0000% | 8h | 71.130 | −0.042% | $2K | $2.0M | 10x | as long as short |
| Bybit UBERUSDT | +0.0034% | 8h | 71.310 | +0.211% | $372K | $94K | 25x | as long as short |
| QFEX UBER-USD | +0.0080% | 1h | 71.180 | +0.028% | $1.1M | $1.0M | 10x | as long as short |
| KuCoin UBERUSDTM | +0.0100% | 8h | 71.130 | −0.042% | $168K | $623K | 20x | as long as short |
| Binance UBERUSDTlong | +0.0144% | 8h | 71.160 | long leg | $2.3M | $642K | 20x |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT UBER_USDT_Perp | +0.0319% | 8h | 71.214 | +0.076% | $730 | $197K | 10x | as long as short |
| HTX UBER-USDT | +0.1648% | 8h | 71.740 | +0.815% | $48K | $35K | 20x | as long as short |
Binance UBERUSDT
Bitget UBERUSDT
Injective UBER/USDC PERP
Aster UBERUSDT
Gate UBER_USDT
Variational Omni UBER
SunX UBER-USDT
Bybit UBERUSDT
KuCoin UBERUSDTM
GRVT UBER_USDT_Perp
HTX UBER-USDT