Funding you earn now, next payment 08:00 UTC+0.0302%/8h= +33.0% APRnext payment +$3.02 per $10,000 · paid last 24h +0.058%
Price spread now: Binance against Gate0.000%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$160as in the Price arb table
costs, in and out, $10k−$1581.578% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)+0.001%$0 · spread now 0.000%, 7d avg +0.018%
=The price spread sits at its 7-day average of +0.018%, so right now this pair is about funding alone: +$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.073% in total (about 3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.02 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 | Gate UBER_USDT | 71.160 | 0 | get 0.0000% / 8h | 4h 20m | $364K | $260K | 20x |
| Short | Binance UBERUSDT | 71.160 | 0.0302 | get 0.0302% / 8h | 4h 20m | $2.4M | $659K | 20x |
Gate UBER_USDT
Binance UBERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $63.32
- Price spread: 0.000% → +0.018%
- −$1.76
- Slippage, 4 orders
- −$132.82
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$96.26
- Costs to cover
- 1.578%
- Break-even
- 17.6 days
Slippage from Gate: live order book, 35 min ago; Binance: live order book, 14 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 Gate live order book, 35 min ago | 8.43 bp | 98.7 bp −$99 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 14 min ago | 0.70 bp | 13.2 bp −$13 | 54.5 bp −$545 | 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 | 70.420 | −1.040% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 71.273 | +0.159% | $93K | $11K | 20x | as long as short |
| Gate UBER_USDTlong | 0.0000% | 8h | 71.160 | long leg | $364K | $260K | 20x | |
| Bitget UBERUSDT | 0.0000% | 8h | 71.190 | +0.042% | $437K | $102K | 20x | as long as short |
| SunX UBER-USDT | 0.0000% | 8h | 71.130 | −0.042% | $1K | $2.0M | 10x | as long as short |
| KuCoin UBERUSDTM | +0.0100% | 8h | 71.110 | −0.070% | $167K | $585K | 20x | as long as short |
| QFEX UBER-USD | +0.0160% | 1h | 71.140 | −0.028% | $1.1M | $996K | 10x | as long as short |
| Variational Omni UBER | +0.0184% | 8h | 71.165 | +0.007% | $442K | $23K | — | as long as short |
| Binance UBERUSDTshort | +0.0302% | 8h | 71.160 | 0.000% | $2.4M | $659K | 20x | |
| Bybit UBERUSDT | +0.0335% | 8h | 71.250 | +0.126% | $371K | $94K | 25x | as long as short |
Injective UBER/USDC PERP
Aster UBERUSDT
Bitget UBERUSDT
SunX UBER-USDT
KuCoin UBERUSDTM
QFEX UBER-USD
Variational Omni UBER
Bybit UBERUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT UBER_USDT_Perp | +0.0601% | 8h | 71.154 | −0.008% | $402 | $199K | 10x | as long as short |
| HTX UBER-USDT | +0.2105% | 8h | 71.760 | +0.843% | $48K | $36K | 20x | as long as short |
GRVT UBER_USDT_Perp
HTX UBER-USDT