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

UBER

RWAall UBER markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0359%/8h= +39.3% APRpaid last 24h +0.131%
Price spread now: GRVT against QFEX+0.037%57s7-day average −0.034% · 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−$640.639% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.191%+$19 on $10k
Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.037%, 7d avg −0.034%
Together, before fees+0.175%+ Points / potential airdropGRVT: Active · farm board+$18 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and GRVT is 0.071% dearer against QFEX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.034%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX UBER-USD71.2000.0160pay 0.0020% / 1h46m 32s$1.1M$1.0M10x
ShortGRVT UBER_USDT_Perp71.2260.0519get 0.0519% / 8h4h 46m$265$198K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$75.39
Price spread: +0.037% → −0.034%
$7.11
Slippage, 4 orders
−$44.89
Fee QFEX: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$18.61
Costs to cover
0.639%
Break-even
5.3 days
Slippage from QFEX: live order book, 8 min ago; GRVT: live order book, 10 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, 8 min ago2.81 bp11.9 bp −$1226.4 bp −$264doesn't fitdoesn't fit
Sell GRVT live order book, 10 min ago3.51 bp18.8 bp −$1966.6 bp −$666doesn'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%1h70.500−0.983%$16K$14K12xas long as short
Aster UBERUSDT0.0000%8h71.276+0.107%$93K$11K20xas long as short
Gate UBER_USDT0.0000%8h71.210+0.014%$364K$259K20xas long as short
Bitget UBERUSDT0.0000%8h71.190−0.014%$427K$94K20xas long as short
SunX UBER-USDT0.0000%8h71.170−0.042%$2K$2.0M10xas long as short
Variational Omni UBER+0.0090%8h71.225+0.035%$442K$23Kas long as short
KuCoin UBERUSDTM+0.0100%8h71.130−0.098%$167K$605K20xas long as short
QFEX UBER-USDlong+0.0160%1h71.200long leg$1.1M$1.0M10x
Binance UBERUSDT+0.0245%8h71.210+0.014%$2.4M$650K20xas long as short
Bybit UBERUSDT+0.0248%8h71.300+0.140%$372K$94K25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT UBER_USDT_Perpshort+0.0519%8h71.226+0.037%$265$198K10x
HTX UBER-USDT+0.1916%8h71.760+0.787%$48K$36K20xas long as short