Funding you earn now, next payment 22:00 UTC−0.0080%/8h= −8.8% APRpaid last 24h +0.008%
Price spread now: Bybit against QFEX+0.099%7-day average +0.089% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$670.674% of the position
Funding, last 3 days (all we have)−0.004%$0 on $10k
+Price spread, last 4 days (all we have)−0.035%−$4 · spread now +0.099%, 7d avg +0.089%
=The price spread sits at its 7-day average of +0.089%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX UBER-USD | 70.980 | 0.0080 | pay 0.0010% / 1h | 30m 50s | $1.1M | $1.1M | 10x |
| Short | Bybit UBERUSDT | 71.050 | 0 | get 0.0000% / 8h | 2h 30m | $313K | $73K | 25x |
QFEX UBER-USD
Bybit UBERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$16.8
- Price spread: +0.099% → +0.089%
- $1
- Slippage, 4 orders
- −$46.43
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$83.22
- Costs to cover
- 0.674%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 4 min ago; Bybit: live order book, 52 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, 4 min ago | 1.41 bp | 10.0 bp −$10 | 22.8 bp −$228 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 52 min ago | 2.11 bp | 25.6 bp −$26 | 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 | 70.300 | −0.958% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 70.842 | −0.194% | $92K | $11K | 20x | as long as short |
| Bybit UBERUSDTshort | 0.0000% | 8h | 71.050 | +0.099% | $313K | $73K | 25x | |
| Gate UBER_USDT | 0.0000% | 8h | 71.010 | +0.042% | $366K | $269K | 20x | as long as short |
| Bitget UBERUSDT | 0.0000% | 8h | 70.970 | −0.014% | $402K | $61K | 20x | as long as short |
| SunX UBER-USDT | 0.0000% | 8h | 70.960 | −0.028% | $1K | $2.1M | 10x | as long as short |
| Variational Omni UBER | +0.0003% | 8h | 71.005 | +0.035% | $441K | $23K | — | as long as short |
| QFEX UBER-USDlong | +0.0080% | 1h | 70.980 | long leg | $1.1M | $1.1M | 10x | |
| KuCoin UBERUSDTM | +0.0100% | 8h | 70.890 | −0.127% | $166K | $846K | 20x | as long as short |
| Binance UBERUSDT | +0.0252% | 8h | 70.990 | +0.014% | $2.3M | $626K | 20x | as long as short |
Injective UBER/USDC PERP
Aster UBERUSDT
Gate UBER_USDT
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 | +0.0730% | 8h | 70.999 | +0.027% | $304 | $231K | 10x | as long as short |
| HTX UBER-USDT | +0.1565% | 8h | 71.450 | +0.662% | $48K | $34K | 20x | as long as short |
GRVT UBER_USDT_Perp
HTX UBER-USDT