UBER

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0348%/8h= +38.1% APRnext payment +$3.48 per $10,000 · paid last 24h +0.078%

Price spread now: Binance against Bitget+0.091%7-day average +0.052% · you sell dearer than you buy

Net, funding: paid 7d − costs−$49as in the Funding arb table

Net, price: spread back to 7d avg − costs−$56as in the Price arb table

costs, in and out, $10k−$600.601% of the position

Long on Bitget Short on Binance

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)+0.019%+$2 · spread now +0.091%, 7d avg +0.052%

Together, before fees+0.132%+$13 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Binance is 0.039% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.052%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.113% in total (about 5.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.48 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	Bitget UBERUSDT	71.170	0	get 0.0000% / 8h	3h 27m	$437K	$100K	20x
Short	Binance UBERUSDT	71.234	0.0348	get 0.0348% / 8h	3h 27m	$2.4M	$657K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. 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 BitgetbpFee BinancebpOrdersPrice spread, now +0.091%Rate

Funding earned: $73.02
Price spread: +0.091% → +0.052%: $3.87
Slippage, 4 orders: −$38.11
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: $16.79
Costs to cover: 0.601%
Break-even: 5.4 days

Slippage from Bitget: live order book, 19 min ago; Binance: live order book, 8 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 Bitget live order book, 19 min ago	6.32 bp	15.7 bp −$16	18.7 bp −$187	doesn't fit	doesn't fit
Sell Binance live order book, 8 min ago	2.11 bp	13.7 bp −$14	56.2 bp −$562	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	66.830	−6.098%	$15K	$14K	12x	as long as short
Aster UBERUSDT	0.0000%	8h	71.304	+0.189%	$93K	$11K	20x	as long as short
Gate UBER_USDT	0.0000%	8h	71.220	+0.070%	$370K	$256K	20x	as long as short
Bitget UBERUSDTlong	0.0000%	8h	71.170	long leg	$437K	$100K	20x
SunX UBER-USDT	0.0000%	8h	71.220	+0.070%	$2K	$2.0M	10x	as long as short
KuCoin UBERUSDTM	+0.0100%	8h	71.090	−0.112%	$168K	$541K	20x	as long as short
QFEX UBER-USD	+0.0160%	1h	71.210	+0.056%	$1.1M	$1.0M	10x	as long as short
Variational Omni UBER	+0.0252%	8h	71.235	+0.091%	$442K	$23K	—	as long as short
Binance UBERUSDTshort	+0.0348%	8h	71.234	+0.091%	$2.4M	$657K	20x
Bybit UBERUSDT	+0.0359%	8h	71.340	+0.239%	$379K	$92K	25x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT UBER_USDT_Perp	+0.0647%	8h	71.200	+0.042%	$255	$206K	10x	as long as short
HTX UBER-USDT	+0.2083%	8h	71.730	+0.787%	$48K	$35K	20x	as long as short