UBER

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0393%/8h= −43.1% APRnext payment −$3.93 per $10,000 · paid last 24h −0.028%

Price spread now: Bitget against Bybit−0.084%7-day average −0.107% · you buy dearer than you sell

Net, funding: paid 7d − costs−$107as in the Funding arb table

Net, price: spread back to 7d avg − costs−$99as in the Price arb table

costs, in and out, $10k−$1011.009% of the position

Long on Bybit Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.058%−$6 on $10k

Price spread, last 4 days (all we have)+0.042%+$4 · spread now −0.084%, 7d avg −0.107%

Together, before fees−0.016%−$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.022% dearer against Bybit than usual: you sell high and buy low (spread −0.084% now, against its 7-day average of −0.107%): +$2 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.058% in total) that is about 2.7 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.058% in total (about -3.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.93 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	Bybit UBERUSDT	71.120	0.0393	pay 0.0393% / 8h	7h 30m	$391K	$97K	25x
Short	Bitget UBERUSDT	71.060	0	get 0.0000% / 8h	7h 30m	$468K	$148K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Bybit. 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 BybitbpFee BitgetbpOrdersPrice spread, now −0.084%Rate

Funding earned: −$82.57
Price spread: −0.084% → −0.107%: $2.23
Slippage, 4 orders: −$77.86
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$181.2
Costs to cover: 1.009%
Break-even: never at this rate

Slippage from Bybit: live order book, 59 min ago; Bitget: live order book, 60 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 Bybit live order book, 59 min ago	4.92 bp	19.2 bp −$19	doesn't fit	doesn't fit	doesn't fit
Sell Bitget live order book, 60 min ago	7.73 bp	29.0 bp −$29	34.8 bp −$348	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	70.400	−1.012%	$16K	$14K	12x	as long as short
Aster UBERUSDT	0.0000%	8h	71.265	+0.203%	$93K	$11K	20x	as long as short
Gate UBER_USDT	0.0000%	8h	71.090	−0.042%	$368K	$244K	20x	as long as short
Bitget UBERUSDTshort	0.0000%	8h	71.060	−0.084%	$468K	$148K	20x
SunX UBER-USDT	0.0000%	8h	71.060	−0.084%	$2K	$2.0M	10x	as long as short
QFEX UBER-USD	+0.0080%	1h	71.050	−0.098%	$1.1M	$1.1M	10x	as long as short
KuCoin UBERUSDTM	+0.0100%	8h	71.080	−0.056%	$170K	$509K	20x	as long as short
Variational Omni UBER	+0.0133%	8h	71.085	−0.049%	$445K	$27K	—	as long as short
Binance UBERUSDT	+0.0219%	8h	71.070	−0.070%	$2.4M	$702K	20x	as long as short
Bybit UBERUSDTlong	+0.0393%	8h	71.120	long leg	$391K	$97K	25x

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT UBER_USDT_Perp	+0.1121%	8h	71.100	−0.028%	$296	$209K	10x	as long as short
HTX UBER-USDT	+0.2653%	8h	71.640	+0.731%	$48K	$34K	20x	as long as short