Funding you earn now, next payment 02:00 UTC−0.0066%/8h= −7.2% APRpaid last 24h −0.006%
Price spread now: Gate against QFEX0.000%7-day average −0.024% · 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−$274as in the Price arb table
costs, in and out, $10k−$2762.761% of the position
Funding, last 3 days (all we have)−0.017%−$2 on $10k
+Price spread, last 4 days (all we have)+0.026%+$3 · spread now 0.000%, 7d avg −0.024%
=The price spread pays, funding is against you. Gate is 0.024% dearer against QFEX than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.024%): +$2 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 29 hours. At the pace of the last 3 days (−0.017% in total) that is about 4.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX UBER-USD | 71.180 | 0.0066 | pay 0.0008% / 1h | 28m 10s | $1.1M | $1.0M | 10x |
| Short | Gate UBER_USDT | 71.180 | 0 | get 0.0000% / 8h | 6h 28m | $369K | $253K | 20x |
QFEX UBER-USD
Gate UBER_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$13.76
- Price spread: 0.000% → −0.024%
- $2.36
- Slippage, 4 orders
- −$251.13
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$287.54
- Costs to cover
- 2.761%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 2 min ago; Gate: live order book, 37 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, 2 min ago | 1.40 bp | 12.5 bp −$13 | 24.7 bp −$247 | doesn't fit | doesn't fit |
| Sell Gate live order book, 37 min ago | 13.35 bp | 29.1 bp −$29 | 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 | 70.470 | −0.997% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 71.257 | +0.109% | $93K | $11K | 20x | as long as short |
| Bybit UBERUSDT | 0.0000% | 8h | 71.150 | −0.042% | $335K | $77K | 25x | as long as short |
| Gate UBER_USDTshort | 0.0000% | 8h | 71.180 | 0.000% | $369K | $253K | 20x | |
| Bitget UBERUSDT | 0.0000% | 8h | 71.170 | −0.014% | $419K | $86K | 20x | as long as short |
| Variational Omni UBER | 0.0000% | 8h | 71.205 | +0.035% | $442K | $23K | — | as long as short |
| GRVT UBER_USDT_Perp | 0.0000% | 8h | 71.180 | 0.000% | $520 | $201K | 10x | as long as short |
| SunX UBER-USDT | 0.0000% | 8h | 71.170 | −0.014% | — | $2.0M | 10x | as long as short |
| QFEX UBER-USDlong | +0.0066% | 1h | 71.180 | long leg | $1.1M | $1.0M | 10x | |
| KuCoin UBERUSDTM | +0.0100% | 8h | 71.040 | −0.197% | $168K | $658K | 20x | as long as short |
Injective UBER/USDC PERP
Aster UBERUSDT
Bybit UBERUSDT
Bitget UBERUSDT
Variational Omni UBER
GRVT UBER_USDT_Perp
SunX UBER-USDT
KuCoin UBERUSDTMShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UBERUSDT | +0.0121% | 8h | 71.180 | 0.000% | $2.3M | $608K | 20x | as long as short |
| HTX UBER-USDT | +0.1336% | 8h | 72.330 | +1.616% | $48K | $35K | 20x | as long as short |
Binance UBERUSDT
HTX UBER-USDT