Settings8H · net · $10k
Funding arb · Price arb /

UBER

RWAall UBER markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0170%/8h= +18.6% APRpaid last 24h +0.053%
Price spread now: Binance against QFEX+0.052%53s7-day average +0.033% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$620.619% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.070%+$7 on $10k
Price spread, last 7 days+0.006%+$1 · spread now +0.052%, 7d avg +0.033%
Together, before fees+0.076%+$8 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.033%, 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX UBER-USD71.1400.0080pay 0.0010% / 1h16m 36s$1.1M$1.0M10x
ShortBinance UBERUSDT71.1770.0250get 0.0250% / 8h2h 16m$2.4M$660K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against QFEX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$35.69
Price spread: +0.052% → +0.033%
$1.85
Slippage, 4 orders
−$41.85
Fee QFEX: 5 bp × 2 orders
−$10
Fee Binance: 5 bp × 2 orders
−$10
Net
−$24.31
Costs to cover
0.619%
Break-even
11.8 days
Slippage from QFEX: live order book, 4 min ago; Binance: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 4 min ago2.11 bp11.5 bp −$1122.6 bp −$226doesn't fitdoesn't fit
Sell Binance live order book, 3 min ago2.11 bp16.2 bp −$1653.4 bp −$534doesn't fitdoesn't fit

UBER on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective UBER/USDC PERP−0.0220%1h70.450−0.970%$16K$14K12xas long as short
Aster UBERUSDT0.0000%8h71.217+0.108%$93K$11K20xas long as short
Gate UBER_USDT0.0000%8h71.180+0.056%$370K$253K20xas long as short
Bitget UBERUSDT0.0000%8h71.170+0.042%$438K$103K20xas long as short
SunX UBER-USDT0.0000%8h71.100−0.056%$2K$2.0M10xas long as short
QFEX UBER-USDlong+0.0080%1h71.140long leg$1.1M$1.0M10x
KuCoin UBERUSDTM+0.0100%8h71.210+0.098%$168K$520K20xas long as short
Variational Omni UBER+0.0120%8h71.205+0.091%$442K$23Kas long as short
Bybit UBERUSDT+0.0183%8h71.250+0.155%$377K$92K25xas long as short
Binance UBERUSDTshort+0.0250%8h71.177+0.052%$2.4M$660K20x
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT UBER_USDT_Perp+0.0418%8h71.149+0.013%$210$206K10xas long as short
HTX UBER-USDT+0.1734%8h71.730+0.829%$48K$35K20xas long as short