Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.010%
Price spread now: Gate against KuCoin+0.070%7-day average +0.093% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,400as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,385as in the Price arb table
costs, in and out, $10k−$1,38313.827% of the position
Funding, last 7 days−0.170%−$17 on $10k
+Price spread, last 4 days (all we have)+0.026%+$3 · spread now +0.070%, 7d avg +0.093%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Gate is 0.023% cheaper against KuCoin than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.093%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin UBERUSDTM | 71.050 | 0.0100 | pay 0.0100% / 8h | 1h 17m | $167K | $510K | 20x |
| Short | Gate UBER_USDT | 71.100 | 0 | get 0.0000% / 8h | 1h 17m | $369K | $255K | 20x |
KuCoin UBERUSDTM
Gate UBER_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: +0.070% → +0.093%
- −$2.27
- Slippage, 4 orders
- −$1,355.66
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$1,405.93
- Costs to cover
- 13.827%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 26 min ago; Gate: live order book, 23 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, 26 min ago | 7.02 bp | 557.3 bp −$557 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 23 min ago | 14.77 bp | 35.9 bp −$36 | doesn't fit | 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 | 70.350 | −0.985% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 71.173 | +0.173% | $93K | $11K | 20x | as long as short |
| Gate UBER_USDTshort | 0.0000% | 8h | 71.100 | +0.070% | $369K | $255K | 20x | |
| Bitget UBERUSDT | 0.0000% | 8h | 71.130 | +0.113% | $459K | $139K | 20x | as long as short |
| SunX UBER-USDT | 0.0000% | 8h | 71.050 | 0.000% | $942 | $2.0M | 10x | as long as short |
| QFEX UBER-USD | +0.0076% | 1h | 71.050 | 0.000% | $1.1M | $1.1M | 10x | as long as short |
| KuCoin UBERUSDTMlong | +0.0100% | 8h | 71.050 | long leg | $167K | $510K | 20x | |
| Bybit UBERUSDT | +0.0118% | 8h | 71.190 | +0.197% | $377K | $94K | 25x | as long as short |
| Variational Omni UBER | +0.0131% | 8h | 71.065 | +0.021% | $442K | $23K | — | as long as short |
| Binance UBERUSDT | +0.0222% | 8h | 71.086 | +0.051% | $2.4M | $690K | 20x | as long as short |
Injective UBER/USDC PERP
Aster UBERUSDT
Bitget UBERUSDT
SunX UBER-USDT
QFEX UBER-USD
Bybit UBERUSDT
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 | +0.0377% | 8h | 71.087 | +0.052% | $177 | $210K | 10x | as long as short |
| HTX UBER-USDT | +0.1593% | 8h | 71.600 | +0.774% | $48K | $34K | 20x | as long as short |
GRVT UBER_USDT_Perp
HTX UBER-USDT