Settings8H · net · $10k
Funding arb · Price arb /

UBER

RWAall UBER markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees−0.710%−$71 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance UBERUSDT71.1600.0144pay 0.0144% / 8h5h 09m$2.3M$642K20x
ShortBitget UBERUSDT71.1900get 0.0000% / 8h5h 09m$426K$95K20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 10 min ago2.11 bp15.2 bp −$1554.1 bp −$541doesn't fitdoesn't fit
Sell Bitget live order book, 46 min ago7.02 bp18.5 bp −$1923.2 bp −$232doesn't fitdoesn't fit

UBER on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective UBER/USDC PERP−0.0220%1h70.480−0.956%$16K$14K12xas long as short
Aster UBERUSDT0.0000%8h71.280+0.168%$93K$11K20xas long as short
Gate UBER_USDT0.0000%8h71.190+0.042%$364K$264K20xas long as short
Bitget UBERUSDTshort0.0000%8h71.190+0.042%$426K$95K20x
Variational Omni UBER0.0000%8h71.215+0.077%$442K$23Kas long as short
SunX UBER-USDT0.0000%8h71.130−0.042%$2K$2.0M10xas long as short
Bybit UBERUSDT+0.0034%8h71.310+0.211%$372K$94K25xas long as short
QFEX UBER-USD+0.0080%1h71.180+0.028%$1.1M$1.0M10xas long as short
KuCoin UBERUSDTM+0.0100%8h71.130−0.042%$168K$623K20xas long as short
Binance UBERUSDTlong+0.0144%8h71.160long leg$2.3M$642K20x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT UBER_USDT_Perp+0.0319%8h71.214+0.076%$730$197K10xas long as short
HTX UBER-USDT+0.1648%8h71.740+0.815%$48K$35K20xas long as short