Funding you earn now, next payment 03:00 UTC+0.0080%/8h= +8.8% APRpaid last 24h +0.026%
Price spread now: QFEX against Bitget+0.014%7-day average +0.058% · 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−$62as in the Price arb table
costs, in and out, $10k−$580.581% of the position
Funding, last 4 days (all we have)+0.038%+$4 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now +0.014%, 7d avg +0.058%
=Funding pays, the price is against you. QFEX is 0.044% cheaper against Bitget than usual: you would sell low and buy high (spread +0.014% now, against its 7-day average of +0.058%). If the spread goes back, that is −$4 on $10k: about 44 hours of funding at the current rate (+$2 a day). At the pace of the last 4 days (+0.038% in total) that is about 4.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget UBERUSDT | 71.190 | 0 | get 0.0000% / 8h | 5h 05m | $426K | $95K | 20x |
| Short | QFEX UBER-USD | 71.200 | 0.0080 | get 0.0010% / 1h | 5m 09s | $1.1M | $1.0M | 10x |
Bitget UBERUSDT
QFEX UBER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Bitget. 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
- $16.8
- Price spread: +0.014% → +0.058%
- −$4.41
- Slippage, 4 orders
- −$36.05
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$45.66
- Costs to cover
- 0.581%
- Break-even
- 26.0 days
Slippage from Bitget: live order book, 50 min ago; QFEX: live order book, 5 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 Bitget live order book, 50 min ago | 7.02 bp | 15.7 bp −$16 | 19.7 bp −$197 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 1.40 bp | 11.1 bp −$11 | 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 | 70.480 | −0.997% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 71.237 | +0.066% | $93K | $11K | 20x | as long as short |
| Gate UBER_USDT | 0.0000% | 8h | 71.180 | −0.014% | $364K | $264K | 20x | as long as short |
| Bitget UBERUSDTlong | 0.0000% | 8h | 71.190 | long leg | $426K | $95K | 20x | |
| SunX UBER-USDT | 0.0000% | 8h | 71.140 | −0.070% | $2K | $2.0M | 10x | as long as short |
| Variational Omni UBER | +0.0013% | 8h | 71.220 | +0.042% | $442K | $23K | — | as long as short |
| Bybit UBERUSDT | +0.0075% | 8h | 71.310 | +0.169% | $372K | $94K | 25x | as long as short |
| QFEX UBER-USDshort | +0.0080% | 1h | 71.200 | +0.014% | $1.1M | $1.0M | 10x | |
| KuCoin UBERUSDTM | +0.0100% | 8h | 71.140 | −0.070% | $168K | $619K | 20x | as long as short |
| Binance UBERUSDT | +0.0160% | 8h | 71.233 | +0.061% | $2.4M | $646K | 20x | as long as short |
Injective UBER/USDC PERP
Aster UBERUSDT
Gate UBER_USDT
SunX UBER-USDT
Variational Omni UBER
Bybit UBERUSDT
KuCoin UBERUSDTM
Binance UBERUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT UBER_USDT_Perp | +0.0322% | 8h | 71.191 | +0.001% | $83 | $197K | 10x | as long as short |
| HTX UBER-USDT | +0.1710% | 8h | 71.740 | +0.773% | $48K | $35K | 20x | as long as short |
GRVT UBER_USDT_Perp
HTX UBER-USDT