Funding you earn now, next payment 04:00 UTC−0.0160%/8h= −17.5% APRpaid last 24h −0.026%
Price spread now: Bitget against QFEX−0.014%7-day average −0.058% · 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−$55as in the Price arb table
costs, in and out, $10k−$590.591% of the position
Funding, last 4 days (all we have)−0.039%−$4 on $10k
+Price spread, last 4 days (all we have)−0.036%−$4 · spread now −0.014%, 7d avg −0.058%
=The price spread pays, funding is against you. Bitget is 0.044% dearer against QFEX than usual: you sell high and buy low (spread −0.014% now, against its 7-day average of −0.058%): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 4 days (−0.039% in total) that is about 4.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX UBER-USD | 71.200 | 0.0160 | pay 0.0020% / 1h | 51m 01s | $1.1M | $1.0M | 10x |
| Short | Bitget UBERUSDT | 71.190 | 0 | get 0.0000% / 8h | 4h 51m | $426K | $94K | 20x |
QFEX UBER-USD
Bitget UBERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against QFEX. 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
- −$33.6
- Price spread: −0.014% → −0.058%
- $4.36
- Slippage, 4 orders
- −$37.11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$88.36
- Costs to cover
- 0.591%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 3 min ago; Bitget: live order book, 65 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 QFEX live order book, 3 min ago | 2.81 bp | 11.9 bp −$12 | 26.4 bp −$264 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 65 min ago | 7.02 bp | 18.5 bp −$19 | 23.2 bp −$232 | 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 | 70.500 | −0.983% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 71.285 | +0.119% | $93K | $11K | 20x | as long as short |
| Gate UBER_USDT | 0.0000% | 8h | 71.210 | +0.014% | $364K | $259K | 20x | as long as short |
| Bitget UBERUSDTshort | 0.0000% | 8h | 71.190 | −0.014% | $426K | $94K | 20x | |
| SunX UBER-USDT | 0.0000% | 8h | 71.170 | −0.042% | $2K | $2.0M | 10x | as long as short |
| Variational Omni UBER | +0.0090% | 8h | 71.225 | +0.035% | $442K | $23K | — | as long as short |
| KuCoin UBERUSDTM | +0.0100% | 8h | 71.130 | −0.098% | $168K | $608K | 20x | as long as short |
| QFEX UBER-USDlong | +0.0160% | 1h | 71.200 | long leg | $1.1M | $1.0M | 10x | |
| Bybit UBERUSDT | +0.0212% | 8h | 71.280 | +0.112% | $372K | $94K | 25x | as long as short |
| Binance UBERUSDT | +0.0224% | 8h | 71.220 | +0.028% | $2.4M | $650K | 20x | as long as short |
Injective UBER/USDC PERP
Aster UBERUSDT
Gate UBER_USDT
SunX UBER-USDT
Variational Omni UBER
KuCoin UBERUSDTM
Bybit UBERUSDT
Binance UBERUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT UBER_USDT_Perp | +0.0479% | 8h | 71.235 | +0.049% | $571 | $198K | 10x | as long as short |
| HTX UBER-USDT | +0.1867% | 8h | 71.760 | +0.787% | $48K | $35K | 20x | as long as short |
GRVT UBER_USDT_Perp
HTX UBER-USDT