Funding you earn now, next payment 23:00 UTC+0.0044%/8h= +4.8% APRpaid last 24h +0.003%
Price spread now: QFEX against Gate−0.084%7-day average −0.018% · 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−$294as in the Price arb table
costs, in and out, $10k−$2872.871% of the position
Funding, last 3 days (all we have)+0.015%+$1 on $10k
+Price spread, last 4 days (all we have)+0.051%+$5 · spread now −0.084%, 7d avg −0.018%
=Funding pays, the price is against you. QFEX is 0.066% cheaper against Gate than usual: you would sell low and buy high (spread −0.084% now, against its 7-day average of −0.018%). If the spread goes back, that is −$7 on $10k: about 5.0 days of funding at the current rate (+$1 a day). At the pace of the last 3 days (+0.015% in total) that is about 15 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate UBER_USDT | 71.150 | 0 | get 0.0000% / 8h | 1h 38m | $366K | $267K | 20x |
| Short | QFEX UBER-USD | 71.090 | 0.0044 | get 0.0006% / 1h | 38m 52s | $1.1M | $1.1M | 10x |
Gate UBER_USDT
QFEX UBER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Gate. 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
- $9.26
- Price spread: −0.084% → −0.018%
- −$6.6
- Slippage, 4 orders
- −$262.12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$284.46
- Costs to cover
- 2.871%
- Break-even
- 222.1 days
Slippage from Gate: live order book, 41 min ago; QFEX: live order book, 2 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 Gate live order book, 41 min ago | 13.39 bp | 188.2 bp −$188 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 2 min ago | 1.40 bp | 9.1 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 | 70.340 | −1.138% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 71.195 | +0.063% | $93K | $11K | 20x | as long as short |
| Bybit UBERUSDT | 0.0000% | 8h | 71.220 | +0.098% | $335K | $85K | 25x | as long as short |
| Gate UBER_USDTlong | 0.0000% | 8h | 71.150 | long leg | $366K | $267K | 20x | |
| Bitget UBERUSDT | 0.0000% | 8h | 71.110 | −0.056% | $403K | $62K | 20x | as long as short |
| SunX UBER-USDT | 0.0000% | 8h | 71.110 | −0.056% | $2K | $2.1M | 10x | as long as short |
| QFEX UBER-USDshort | +0.0044% | 1h | 71.090 | −0.084% | $1.1M | $1.1M | 10x | |
| Variational Omni UBER | +0.0099% | 8h | 71.165 | +0.021% | $442K | $23K | — | as long as short |
| KuCoin UBERUSDTM | +0.0100% | 8h | 71.010 | −0.197% | $166K | $798K | 20x | as long as short |
| Binance UBERUSDT | +0.0310% | 8h | 71.140 | −0.014% | $2.3M | $636K | 20x | as long as short |
Injective UBER/USDC PERP
Aster UBERUSDT
Bybit UBERUSDT
Bitget UBERUSDT
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 | +0.0707% | 8h | 71.165 | +0.021% | $389 | $224K | 10x | as long as short |
| HTX UBER-USDT | +0.1470% | 8h | 71.530 | +0.534% | $48K | $34K | 20x | as long as short |
GRVT UBER_USDT_Perp
HTX UBER-USDT