Funding you earn now, next payment 00:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h +0.024%
Price spread now: QFEX against Bitget+0.084%46s7-day average +0.016% · you sell dearer than you buy
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−$500.495% of the position
Funding, last 3 days (all we have)+0.035%+$4 on $10k
+Price spread, last 4 days (all we have)−0.031%−$3 · spread now +0.084%, 7d avg +0.016%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and QFEX is 0.068% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.016%. The two prices were read 46 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 | Bitget UBERUSDT | 71.170 | 0 | get 0.0000% / 8h | 4m 44s | $410K | $67K | 20x |
| Short | QFEX UBER-USD | 71.230 | 0.0080 | get 0.0010% / 1h | 4m 44s | $1.1M | $1.1M | 10x |
Bitget UBERUSDT
QFEX UBER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $16.8
- Price spread: +0.084% → +0.016%
- $6.8
- Slippage, 4 orders
- −$27.53
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$25.94
- Costs to cover
- 0.495%
- Break-even
- 17.8 days
Slippage from Bitget: live order book, 1 min ago; QFEX: live order book, 6 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, 1 min ago | 7.02 bp | 14.4 bp −$14 | 17.2 bp −$172 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 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 | −6.084% | $15K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 71.280 | +0.155% | $93K | $11K | 20x | as long as short |
| Bybit UBERUSDT | 0.0000% | 8h | 71.250 | +0.112% | $335K | $79K | 25x | as long as short |
| Gate UBER_USDT | 0.0000% | 8h | 71.220 | +0.070% | $367K | $267K | 20x | as long as short |
| Bitget UBERUSDTlong | 0.0000% | 8h | 71.170 | long leg | $410K | $67K | 20x | |
| SunX UBER-USDT | 0.0000% | 8h | 71.190 | +0.028% | $1K | $2.1M | 10x | as long as short |
| Variational Omni UBER | +0.0061% | 8h | 71.255 | +0.119% | $442K | $23K | — | as long as short |
| QFEX UBER-USDshort | +0.0080% | 1h | 71.230 | +0.084% | $1.1M | $1.1M | 10x | |
| KuCoin UBERUSDTM | +0.0100% | 8h | 71.080 | −0.126% | $166K | $714K | 20x | as long as short |
| Binance UBERUSDT | +0.0251% | 8h | 71.220 | +0.070% | $2.3M | $632K | 20x | as long as short |
Injective UBER/USDC PERP
Aster UBERUSDT
Bybit UBERUSDT
Gate UBER_USDT
SunX UBER-USDT
Variational Omni UBER
KuCoin UBERUSDTM
Binance UBERUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT UBER_USDT_Perp | +0.0606% | 8h | 71.225 | +0.077% | $20 | $213K | 10x | as long as short |
| HTX UBER-USDT | +0.1252% | 8h | 71.620 | +0.632% | $48K | $34K | 20x | as long as short |
GRVT UBER_USDT_Perp
HTX UBER-USDT