UBER

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0320%/8h= −35.0% APRnext payment −$3.20 per $10,000 · paid last 24h −0.034%

Price spread now: Gate against Binance+0.014%7-day average −0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs−$312as in the Funding arb table

Net, price: spread back to 7d avg − costs−$303as in the Price arb table

costs, in and out, $10k−$3073.074% of the position

Long on Binance Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.049%−$5 on $10k

Price spread, last 2 days (all we have)−0.046%−$5 · spread now +0.014%, 7d avg −0.027%

Together, before fees−0.095%−$9 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.041% dearer against Binance than usual: you sell high and buy low (spread +0.014% now, against its 7-day average of −0.027%): +$4 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 10 hours. At the pace of the last 7 days (−0.049% in total) that is about 5.9 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.049% in total (about -2.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.20 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	Binance UBERUSDT	71.130	0.0320	pay 0.0320% / 8h	2h 00m	$2.3M	$631K	20x
Short	Gate UBER_USDT	71.140	0	get 0.0000% / 8h	2h 00m	$366K	$271K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee BinancebpFee GatebpOrdersPrice spread, now +0.014%Rate

Funding earned: −$67.1
Price spread: +0.014% → −0.027%: $4.11
Slippage, 4 orders: −$282.4
Fee Binance: 5 bp × 2 orders: −$10
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$370.4
Costs to cover: 3.074%
Break-even: never at this rate

Slippage from Binance: live order book, 4 min ago; Gate: live order book, 19 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, 4 min ago	2.11 bp	22.5 bp −$23	59.8 bp −$598	doesn't fit	doesn't fit
Sell Gate live order book, 19 min ago	13.39 bp	79.2 bp −$79	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	69.370	−2.474%	$16K	$14K	12x	as long as short
Aster UBERUSDT	0.0000%	8h	71.060	−0.098%	$93K	$11K	20x	as long as short
Bybit UBERUSDT	0.0000%	8h	71.220	+0.127%	$314K	$71K	25x	as long as short
Gate UBER_USDTshort	0.0000%	8h	71.140	+0.014%	$366K	$271K	20x
Bitget UBERUSDT	0.0000%	8h	71.090	−0.056%	$403K	$61K	20x	as long as short
SunX UBER-USDT	0.0000%	8h	71.090	−0.056%	$1K	$2.1M	10x	as long as short
QFEX UBER-USD	+0.0080%	1h	71.120	−0.014%	$1.1M	$1.1M	10x	as long as short
KuCoin UBERUSDTM	+0.0100%	8h	71.030	−0.141%	$166K	$820K	20x	as long as short
Variational Omni UBER	+0.0121%	8h	71.100	−0.042%	$441K	$23K	—	as long as short
Binance UBERUSDTlong	+0.0320%	8h	71.130	long leg	$2.3M	$631K	20x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT UBER_USDT_Perp	+0.0779%	8h	71.100	−0.042%	$484	$230K	10x	as long as short
HTX UBER-USDT	+0.1539%	8h	71.530	+0.562%	$48K	$34K	20x	as long as short