Funding you earn now, next payment 03:00 UTC−0.0300%/8h= −32.9% APRnext payment −$0.38 per $10,000 · paid last 24h −0.092%
Price spread now: Injective against QFEX−0.997%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Injective is 0.997% cheaper against QFEX than usual: you would sell low and buy high (−$100 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX UBER-USD | 71.190 | 0.0080 | pay 0.0010% / 1h | 34m 22s | $1.1M | $1.0M | 10x |
| Short | Injective UBER/USDC PERP | 70.480 | −0.0220 | pay 0.0028% / 1h | 34m 22s | $16K | $14K | 12x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$63
- Price spread: −0.997% → 0.000%
- −$99.73
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$172.75
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: QFEX: live order book, 1 min ago; Injective: no order-book sample. Net counts fees only.
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, 1 min ago | 2.11 bp | 10.6 bp −$11 | 23.9 bp −$239 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 PERPshort | −0.0220% | 1h | 70.480 | −0.997% | $16K | $14K | 12x | |
| Aster UBERUSDT | 0.0000% | 8h | 71.272 | +0.115% | $93K | $11K | 20x | as long as short |
| Bybit UBERUSDT | 0.0000% | 8h | 71.310 | +0.169% | $371K | $93K | 25x | as long as short |
| Gate UBER_USDT | 0.0000% | 8h | 71.180 | −0.014% | $364K | $262K | 20x | as long as short |
| Bitget UBERUSDT | 0.0000% | 8h | 71.190 | 0.000% | $424K | $95K | 20x | as long as short |
| Variational Omni UBER | 0.0000% | 8h | 71.225 | +0.049% | $442K | $23K | — | as long as short |
| SunX UBER-USDT | 0.0000% | 8h | 71.150 | −0.056% | $1K | $2.0M | 10x | as long as short |
| QFEX UBER-USDlong | +0.0080% | 1h | 71.190 | long leg | $1.1M | $1.0M | 10x | |
| KuCoin UBERUSDTM | +0.0100% | 8h | 71.070 | −0.169% | $167K | $639K | 20x | as long as short |
| Binance UBERUSDT | +0.0132% | 8h | 71.210 | +0.028% | $2.3M | $641K | 20x | 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_Perp | +0.0289% | 8h | 71.199 | +0.012% | $801 | $198K | 10x | as long as short |
| HTX UBER-USDT | +0.1538% | 8h | 71.720 | +0.744% | $48K | $35K | 20x | as long as short |
Injective UBER/USDC PERP
Aster UBERUSDT
Bybit UBERUSDT
Gate UBER_USDT
Bitget UBERUSDT
Variational Omni UBER
SunX UBER-USDT
KuCoin UBERUSDTM
Binance UBERUSDT
GRVT UBER_USDT_Perp
HTX UBER-USDT