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: KuCoin against Bitget−0.028%7-day average −0.059% · you buy dearer than you sell
Net, funding: paid 7d − costs−$803as in the Funding arb table
Net, price: spread back to 7d avg − costs−$821as in the Price arb table
costs, in and out, $10k−$8248.242% 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 for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.031% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.059%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget UBERUSDT | 71.260 | 0 | get 0.0000% / 8h | 5h 27m | $480K | $148K | 20x |
| Short | KuCoin UBERUSDTM | 71.240 | 0.0100 | get 0.0100% / 8h | 5h 27m | $170K | $556K | 20x |
Bitget UBERUSDT
KuCoin UBERUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bitget. 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
- −$800.18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$800.09
- Costs to cover
- 8.242%
- Break-even
- 273.7 days
Slippage from Bitget: live order book, 11 min ago; KuCoin: 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, 11 min ago | 11.22 bp | 21.7 bp −$22 | 27.4 bp −$274 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 8 min ago | 4.91 bp | 419.7 bp −$420 | doesn't fit | 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 | −1.067% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 71.416 | +0.218% | $93K | $11K | 20x | as long as short |
| Gate UBER_USDT | 0.0000% | 8h | 71.270 | +0.014% | $369K | $232K | 20x | as long as short |
| Bitget UBERUSDTlong | 0.0000% | 8h | 71.260 | long leg | $480K | $148K | 20x | |
| SunX UBER-USDT | 0.0000% | 8h | 71.210 | −0.070% | $1K | $2.0M | 10x | as long as short |
| Bybit UBERUSDT | +0.0016% | 8h | 71.370 | +0.154% | $408K | $109K | 25x | as long as short |
| QFEX UBER-USD | +0.0063% | 1h | 71.250 | −0.014% | $1.1M | $1.1M | 10x | as long as short |
| KuCoin UBERUSDTMshort | +0.0100% | 8h | 71.240 | −0.028% | $170K | $556K | 20x | |
| Variational Omni UBER | +0.0178% | 8h | 71.260 | 0.000% | $447K | $25K | — | as long as short |
| Binance UBERUSDT | +0.0264% | 8h | 71.280 | +0.028% | $2.4M | $714K | 20x | as long as short |
Injective UBER/USDC PERP
Aster UBERUSDT
Gate UBER_USDT
SunX UBER-USDT
Bybit UBERUSDT
QFEX UBER-USD
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 | +0.0738% | 8h | 71.241 | −0.027% | $123 | $223K | 10x | as long as short |
| HTX UBER-USDT | +0.2332% | 8h | 71.800 | +0.758% | $48K | $34K | 20x | as long as short |
GRVT UBER_USDT_Perp
HTX UBER-USDT