Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Bitget against KuCoin+0.028%7-day average +0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,256as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,238as in the Price arb table
costs, in and out, $10k−$1,23512.348% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 4 days (all we have)+0.005%+$1 · spread now +0.028%, 7d avg +0.059%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.031% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.059%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin UBERUSDTM | 71.290 | 0.0100 | pay 0.0100% / 8h | 5h 46m | $171K | $552K | 20x |
| Short | Bitget UBERUSDT | 71.310 | 0 | get 0.0000% / 8h | 5h 46m | $480K | $147K | 20x |
KuCoin UBERUSDTM
Bitget UBERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- −$21
- Price spread: +0.028% → +0.059%
- −$3.09
- Slippage, 4 orders
- −$1,210.76
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$1,258.86
- Costs to cover
- 12.348%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 58 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 KuCoin live order book, 58 min ago | 11.24 bp | 476.8 bp −$477 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 60 min ago | 7.03 bp | 18.5 bp −$18 | 22.4 bp −$224 | doesn't fit | doesn't fit |
UBER on 12 exchanges
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 | 70.500 | −1.108% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 71.468 | +0.250% | $93K | $11K | 20x | as long as short |
| Gate UBER_USDT | 0.0000% | 8h | 71.310 | +0.028% | $369K | $231K | 20x | as long as short |
| Bitget UBERUSDTshort | 0.0000% | 8h | 71.310 | +0.028% | $480K | $147K | 20x | |
| SunX UBER-USDT | 0.0000% | 8h | 71.260 | −0.042% | $2K | $2.0M | 10x | as long as short |
| QFEX UBER-USD | +0.0063% | 1h | 71.260 | −0.042% | $1.1M | $1.1M | 10x | as long as short |
| Bybit UBERUSDT | +0.0096% | 8h | 71.420 | +0.182% | $414K | $107K | 25x | as long as short |
| KuCoin UBERUSDTMlong | +0.0100% | 8h | 71.290 | long leg | $171K | $552K | 20x | |
| Variational Omni UBER | +0.0237% | 8h | 71.395 | +0.147% | $447K | $26K | — | as long as short |
| Binance UBERUSDT | +0.0328% | 8h | 71.315 | +0.035% | $2.4M | $713K | 20x | as long as short |
Injective UBER/USDC PERP
Aster UBERUSDT
Gate UBER_USDT
SunX UBER-USDT
QFEX UBER-USD
Bybit UBERUSDT
Variational Omni UBER
Binance UBERUSDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT UBER_USDT_Perp | +0.1059% | 8h | 71.350 | +0.084% | $491 | $222K | 10x | as long as short |
| HTX UBER-USDT | +0.2590% | 8h | 71.910 | +0.870% | $48K | $34K | 20x | as long as short |
GRVT UBER_USDT_Perp
HTX UBER-USDT