Funding you earn now, next payment 03:00 UTC−0.0209%/8h= −22.9% APRpaid last 24h −0.131%
Price spread now: QFEX against GRVT−0.012%7-day average +0.035% · 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−$80as in the Price arb table
costs, in and out, $10k−$750.752% of the position
Funding, last 4 days (all we have)−0.192%−$19 on $10k
+Price spread, last 4 days (all we have)+0.005%$0 · spread now −0.012%, 7d avg +0.035%
=Together, before fees−0.187%+ Points / potential airdropGRVT: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and QFEX is 0.047% cheaper against GRVT than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.035%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT UBER_USDT_Perp | 71.199 | 0.0289 | pay 0.0289% / 8h | 5h 34m | $801 | $198K | 10x |
| Short | QFEX UBER-USD | 71.190 | 0.0080 | get 0.0010% / 1h | 34m 49s | $1.1M | $1.0M | 10x |
GRVT UBER_USDT_Perp
QFEX UBER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against GRVT. 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
- −$43.89
- Price spread: −0.012% → +0.035%
- −$4.72
- Slippage, 4 orders
- −$56.21
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$123.82
- Costs to cover
- 0.752%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 28 min ago; QFEX: live order book, just now.
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 GRVT live order book, 28 min ago | 4.21 bp | 29.6 bp −$30 | 63.4 bp −$634 | doesn't fit | doesn't fit |
| Sell QFEX live order book, just now | 2.11 bp | 10.5 bp −$11 | 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 | 70.480 | −1.010% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 71.282 | +0.117% | $93K | $11K | 20x | as long as short |
| Bybit UBERUSDT | 0.0000% | 8h | 71.300 | +0.142% | $371K | $93K | 25x | as long as short |
| Gate UBER_USDT | 0.0000% | 8h | 71.180 | −0.026% | $364K | $262K | 20x | as long as short |
| Bitget UBERUSDT | 0.0000% | 8h | 71.190 | −0.012% | $424K | $95K | 20x | as long as short |
| Variational Omni UBER | 0.0000% | 8h | 71.225 | +0.037% | $442K | $23K | — | as long as short |
| SunX UBER-USDT | 0.0000% | 8h | 71.150 | −0.069% | $1K | $2.0M | 10x | as long as short |
| QFEX UBER-USDshort | +0.0080% | 1h | 71.190 | −0.012% | $1.1M | $1.0M | 10x | |
| KuCoin UBERUSDTM | +0.0100% | 8h | 71.070 | −0.181% | $167K | $640K | 20x | as long as short |
| Binance UBERUSDT | +0.0132% | 8h | 71.210 | +0.016% | $2.3M | $641K | 20x | as long as short |
Injective UBER/USDC PERP
Aster UBERUSDT
Bybit UBERUSDT
Gate UBER_USDT
Bitget UBERUSDT
Variational Omni UBER
SunX UBER-USDT
KuCoin UBERUSDTM
Binance UBERUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT UBER_USDT_Perplong | +0.0289% | 8h | 71.199 | long leg | $801 | $198K | 10x | |
| HTX UBER-USDT | +0.1534% | 8h | 71.720 | +0.732% | $48K | $35K | 20x | as long as short |
HTX UBER-USDT