Funding you earn now, next payment 00:00 UTC−0.0016%/8h= −1.7% APRnext payment −$0.16 per $10,000 · paid last 24h −0.030%
Price spread now: Bitget against Bybit−0.197%7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$990.991% of the position
Funding, last 7 days−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.197%, 7d avg −0.107%
=Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Bitget is 0.090% cheaper against Bybit than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.107%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit UBERUSDT | 71.240 | 0.0016 | pay 0.0016% / 8h | 1h 18m | $335K | $80K | 25x |
| Short | Bitget UBERUSDT | 71.100 | 0 | get 0.0000% / 8h | 1h 18m | $404K | $62K | 20x |
Bybit UBERUSDT
Bitget UBERUSDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$3.32
- Price spread: −0.197% → −0.107%
- −$8.99
- Slippage, 4 orders
- −$76.08
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$111.39
- Costs to cover
- 0.991%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 56 min ago; Bitget: live order book, 57 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, 56 min ago | 7.03 bp | 29.6 bp −$30 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 57 min ago | 11.96 bp | 20.6 bp −$21 | 24.0 bp −$240 | 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 | 70.340 | −1.263% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 71.266 | +0.037% | $93K | $11K | 20x | as long as short |
| Gate UBER_USDT | 0.0000% | 8h | 71.160 | −0.112% | $366K | $270K | 20x | as long as short |
| Bitget UBERUSDTshort | 0.0000% | 8h | 71.100 | −0.197% | $404K | $62K | 20x | |
| SunX UBER-USDT | 0.0000% | 8h | 71.150 | −0.126% | $2K | $2.1M | 10x | as long as short |
| Bybit UBERUSDTlong | +0.0016% | 8h | 71.240 | long leg | $335K | $80K | 25x | |
| QFEX UBER-USD | +0.0044% | 1h | 71.160 | −0.112% | $1.1M | $1.1M | 10x | as long as short |
| KuCoin UBERUSDTM | +0.0100% | 8h | 71.060 | −0.253% | $166K | $778K | 20x | as long as short |
| Variational Omni UBER | +0.0123% | 8h | 71.140 | −0.140% | $442K | $23K | — | as long as short |
| Binance UBERUSDT | +0.0306% | 8h | 71.190 | −0.070% | $2.3M | $625K | 20x | as long as short |
Injective UBER/USDC PERP
Aster UBERUSDT
Gate UBER_USDT
SunX UBER-USDT
QFEX UBER-USD
KuCoin UBERUSDTM
Variational Omni UBER
Binance UBERUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT UBER_USDT_Perp | +0.0693% | 8h | 71.147 | −0.130% | $494 | $220K | 10x | as long as short |
| HTX UBER-USDT | +0.1406% | 8h | 71.970 | +1.025% | $48K | $34K | 20x | as long as short |
GRVT UBER_USDT_Perp
HTX UBER-USDT