Funding you earn now, next payment 06:00 UTC−0.0106%/8h= −11.6% APRpaid last 24h −0.004%
Price spread now: QFEX against Bybit−0.154%7-day average −0.048% · 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−$86as in the Price arb table
costs, in and out, $10k−$760.756% of the position
Funding, last 4 days (all we have)+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.154%, 7d avg −0.048%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and QFEX is 0.106% cheaper against Bybit than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.048%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit UBERUSDT | 71.250 | 0.0186 | pay 0.0186% / 8h | 2h 16m | $377K | $92K | 25x |
| Short | QFEX UBER-USD | 71.140 | 0.0080 | get 0.0010% / 1h | 16m 06s | $1.1M | $1.0M | 10x |
Bybit UBERUSDT
QFEX UBER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$22.29
- Price spread: −0.154% → −0.048%
- −$10.61
- Slippage, 4 orders
- −$54.59
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$108.5
- Costs to cover
- 0.756%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 23 min ago; QFEX: live order book, 4 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, 23 min ago | 9.12 bp | 21.2 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 2.11 bp | 13.5 bp −$14 | 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 | 70.450 | −1.123% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 71.223 | −0.038% | $93K | $11K | 20x | as long as short |
| Gate UBER_USDT | 0.0000% | 8h | 71.180 | −0.098% | $370K | $253K | 20x | as long as short |
| Bitget UBERUSDT | 0.0000% | 8h | 71.170 | −0.112% | $438K | $103K | 20x | as long as short |
| SunX UBER-USDT | 0.0000% | 8h | 71.100 | −0.211% | $2K | $2.0M | 10x | as long as short |
| QFEX UBER-USDshort | +0.0080% | 1h | 71.140 | −0.154% | $1.1M | $1.0M | 10x | |
| KuCoin UBERUSDTM | +0.0100% | 8h | 71.200 | −0.070% | $168K | $520K | 20x | as long as short |
| Variational Omni UBER | +0.0120% | 8h | 71.205 | −0.063% | $442K | $23K | — | as long as short |
| Bybit UBERUSDTlong | +0.0186% | 8h | 71.250 | long leg | $377K | $92K | 25x | |
| Binance UBERUSDT | +0.0250% | 8h | 71.178 | −0.101% | $2.4M | $660K | 20x | as long as short |
Injective UBER/USDC PERP
Aster UBERUSDT
Gate UBER_USDT
Bitget UBERUSDT
SunX UBER-USDT
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 | +0.0418% | 8h | 71.149 | −0.142% | $210 | $206K | 10x | as long as short |
| HTX UBER-USDT | +0.1737% | 8h | 71.730 | +0.674% | $48K | $35K | 20x | as long as short |
GRVT UBER_USDT_Perp
HTX UBER-USDT