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 − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$640.639% of the position
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.
| 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 | 46m 32s | $1.1M | $1.0M | 10x |
| Short | GRVT UBER_USDT_Perp | 71.226 | 0.0519 | get 0.0519% / 8h | 4h 46m | $265 | $198K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy QFEX live order book, 8 min ago | 2.81 bp | 11.9 bp −$12 | 26.4 bp −$264 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 10 min ago | 3.51 bp | 18.8 bp −$19 | 66.6 bp −$666 | 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 | 71.276 | +0.107% | $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 UBERUSDT | 0.0000% | 8h | 71.190 | −0.014% | $427K | $94K | 20x | as long as short |
| 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% | $167K | $605K | 20x | as long as short |
| QFEX UBER-USDlong | +0.0160% | 1h | 71.200 | long leg | $1.1M | $1.0M | 10x | |
| Binance UBERUSDT | +0.0245% | 8h | 71.210 | +0.014% | $2.4M | $650K | 20x | as long as short |
| Bybit UBERUSDT | +0.0248% | 8h | 71.300 | +0.140% | $372K | $94K | 25x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT UBER_USDT_Perpshort | +0.0519% | 8h | 71.226 | +0.037% | $265 | $198K | 10x | |
| HTX UBER-USDT | +0.1916% | 8h | 71.760 | +0.787% | $48K | $36K | 20x | as long as short |
GRVT UBER_USDT_Perp
Injective UBER/USDC PERP
Aster UBERUSDT
Gate UBER_USDT
Bitget UBERUSDT
SunX UBER-USDT
Variational Omni UBER
KuCoin UBERUSDTM
Binance UBERUSDT
Bybit UBERUSDT
HTX UBER-USDT