Funding you earn now, next payment 22:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.008%
Price spread now: KuCoin against QFEX−0.127%7-day average −0.071% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$714as in the Price arb table
costs, in and out, $10k−$7087.080% of the position
Funding, last 3 days (all we have)+0.066%+$7 on $10k
+Price spread, last 4 days (all we have)+0.049%+$5 · spread now −0.127%, 7d avg −0.071%
=Funding pays, the price is against you. KuCoin is 0.056% cheaper against QFEX than usual: you would sell low and buy high (spread −0.127% now, against its 7-day average of −0.071%). If the spread goes back, that is −$6 on $10k: about 9.3 days of funding at the current rate (+$1 a day). At the pace of the last 3 days (+0.066% in total) that is about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX UBER-USD | 71.120 | 0.0080 | pay 0.0010% / 1h | 1m 08s | $1.1M | $1.1M | 10x |
| Short | KuCoin UBERUSDTM | 71.030 | 0.0100 | get 0.0100% / 8h | 2h 01m | $166K | $820K | 20x |
QFEX UBER-USD
KuCoin UBERUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $4.2
- Price spread: −0.127% → −0.071%
- −$5.59
- Slippage, 4 orders
- −$686.05
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$709.44
- Costs to cover
- 7.080%
- Break-even
- 1189.4 days
Slippage from QFEX: live order book, 9 min ago; KuCoin: live order book, 13 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, 9 min ago | 2.11 bp | 10.8 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 13 min ago | 14.80 bp | 330.5 bp −$330 | 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 | 69.370 | −2.461% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 71.060 | −0.084% | $93K | $11K | 20x | as long as short |
| Bybit UBERUSDT | 0.0000% | 8h | 71.220 | +0.141% | $314K | $71K | 25x | as long as short |
| Gate UBER_USDT | 0.0000% | 8h | 71.130 | +0.014% | $366K | $271K | 20x | as long as short |
| Bitget UBERUSDT | 0.0000% | 8h | 71.090 | −0.042% | $403K | $61K | 20x | as long as short |
| SunX UBER-USDT | 0.0000% | 8h | 71.090 | −0.042% | $1K | $2.1M | 10x | as long as short |
| QFEX UBER-USDlong | +0.0080% | 1h | 71.120 | long leg | $1.1M | $1.1M | 10x | |
| KuCoin UBERUSDTMshort | +0.0100% | 8h | 71.030 | −0.127% | $166K | $820K | 20x | |
| Variational Omni UBER | +0.0121% | 8h | 71.100 | −0.028% | $441K | $23K | — | as long as short |
| Binance UBERUSDT | +0.0320% | 8h | 71.129 | +0.013% | $2.3M | $631K | 20x | as long as short |
Injective UBER/USDC PERP
Aster UBERUSDT
Bybit UBERUSDT
Gate UBER_USDT
Bitget UBERUSDT
SunX UBER-USDT
Variational Omni UBER
Binance UBERUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT UBER_USDT_Perp | +0.0779% | 8h | 71.100 | −0.028% | $484 | $230K | 10x | as long as short |
| HTX UBER-USDT | +0.1539% | 8h | 71.530 | +0.576% | $48K | $34K | 20x | as long as short |
GRVT UBER_USDT_Perp
HTX UBER-USDT