Funding you earn now, next payment 00:00 UTC+0.0076%/8h= +8.3% APRpaid last 24h −0.006%
Price spread now: QFEX against Bybit−0.154%7-day average −0.091% · 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−$100as in the Price arb table
costs, in and out, $10k−$930.932% of the position
Funding, last 3 days (all we have)+0.005%+$1 on $10k
+Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.154%, 7d avg −0.091%
=Funding pays, the price is against you. QFEX is 0.064% cheaper against Bybit than usual: you would sell low and buy high (spread −0.154% now, against its 7-day average of −0.091%). If the spread goes back, that is −$6 on $10k: about 2.8 days of funding at the current rate (+$2 a day). At the pace of the last 3 days (+0.005% in total) that is about 41 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit UBERUSDT | 71.230 | 0.0004 | pay 0.0004% / 8h | 41m 16s | $335K | $80K | 25x |
| Short | QFEX UBER-USD | 71.120 | 0.0080 | get 0.0010% / 1h | 41m 16s | $1.1M | $1.1M | 10x |
Bybit UBERUSDT
QFEX UBER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Bybit. 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
- $15.94
- Price spread: −0.154% → −0.091%
- −$6.36
- Slippage, 4 orders
- −$72.24
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$83.65
- Costs to cover
- 0.932%
- Break-even
- 43.7 days
Slippage from Bybit: live order book, 28 min ago; QFEX: live order book, 4 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 Bybit live order book, 28 min ago | 4.21 bp | 24.8 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 2.81 bp | 18.6 bp −$19 | 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 | 70.430 | −1.123% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 71.235 | +0.007% | $93K | $11K | 20x | as long as short |
| Gate UBER_USDT | 0.0000% | 8h | 71.210 | −0.028% | $367K | $265K | 20x | as long as short |
| Bitget UBERUSDT | 0.0000% | 8h | 71.160 | −0.098% | $405K | $65K | 20x | as long as short |
| SunX UBER-USDT | 0.0000% | 8h | 71.150 | −0.112% | $1K | $2.1M | 10x | as long as short |
| Bybit UBERUSDTlong | +0.0004% | 8h | 71.230 | long leg | $335K | $80K | 25x | |
| QFEX UBER-USDshort | +0.0080% | 1h | 71.120 | −0.154% | $1.1M | $1.1M | 10x | |
| KuCoin UBERUSDTM | +0.0100% | 8h | 71.040 | −0.267% | $167K | $745K | 20x | as long as short |
| Variational Omni UBER | +0.0135% | 8h | 71.200 | −0.042% | $442K | $23K | — | as long as short |
| Binance UBERUSDT | +0.0294% | 8h | 71.189 | −0.057% | $2.3M | $630K | 20x | as long as short |
Injective UBER/USDC PERP
Aster UBERUSDT
Gate UBER_USDT
Bitget UBERUSDT
SunX UBER-USDT
KuCoin UBERUSDTM
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 | +0.0651% | 8h | 71.197 | −0.047% | $797 | $213K | 10x | as long as short |
| HTX UBER-USDT | +0.1314% | 8h | 71.630 | +0.562% | $48K | $34K | 20x | as long as short |
GRVT UBER_USDT_Perp
HTX UBER-USDT