Funding you earn now, next payment 00:00 UTC−0.0166%/8h= −18.1% APRpaid last 24h −0.030%
Price spread now: QFEX against Binance−0.037%53s7-day average −0.045% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$570.572% of the position
Funding, last 3 days (all we have)−0.054%−$5 on $10k
+Price spread, last 2 days (all we have)+0.018%+$2 · spread now −0.037%, 7d avg −0.045%
=The price spread sits at its 7-day average of −0.045%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance UBERUSDT | 71.257 | 0.0246 | pay 0.0246% / 8h | 1m 40s | $2.3M | $630K | 20x |
| Short | QFEX UBER-USD | 71.230 | 0.0080 | get 0.0010% / 1h | 1m 40s | $1.1M | $1.1M | 10x |
Binance UBERUSDT
QFEX UBER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Binance. 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
- −$34.77
- Price spread: −0.037% → −0.045%
- $0.74
- Slippage, 4 orders
- −$37.21
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$91.24
- Costs to cover
- 0.572%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; QFEX: live order book, 9 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 Binance live order book, 3 min ago | 3.51 bp | 18.2 bp −$18 | 47.3 bp −$473 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 9 min ago | 2.11 bp | 9.2 bp −$9 | 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 | 66.840 | −6.198% | $15K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 71.324 | +0.095% | $93K | $11K | 20x | as long as short |
| Bybit UBERUSDT | 0.0000% | 8h | 71.250 | −0.009% | $335K | $79K | 25x | as long as short |
| Gate UBER_USDT | 0.0000% | 8h | 71.240 | −0.023% | $367K | $267K | 20x | as long as short |
| Bitget UBERUSDT | 0.0000% | 8h | 71.180 | −0.107% | $410K | $67K | 20x | as long as short |
| SunX UBER-USDT | 0.0000% | 8h | 71.180 | −0.107% | $1K | $2.1M | 10x | as long as short |
| Variational Omni UBER | +0.0061% | 8h | 71.255 | −0.002% | $442K | $23K | — | as long as short |
| QFEX UBER-USDshort | +0.0080% | 1h | 71.230 | −0.037% | $1.1M | $1.1M | 10x | |
| KuCoin UBERUSDTM | +0.0100% | 8h | 71.090 | −0.234% | $166K | $711K | 20x | as long as short |
| Binance UBERUSDTlong | +0.0246% | 8h | 71.257 | long leg | $2.3M | $630K | 20x |
Injective UBER/USDC PERP
Aster UBERUSDT
Bybit UBERUSDT
Gate UBER_USDT
Bitget UBERUSDT
SunX UBER-USDT
Variational Omni UBER
KuCoin UBERUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT UBER_USDT_Perp | +0.0602% | 8h | 71.176 | −0.113% | $20 | $213K | 10x | as long as short |
| HTX UBER-USDT | +0.1246% | 8h | 71.620 | +0.510% | $48K | $34K | 20x | as long as short |
GRVT UBER_USDT_Perp
HTX UBER-USDT