Funding you earn now, next payment 01:00 UTC−0.0034%/8h= −3.8% APRpaid last 24h −0.005%
Price spread now: QFEX against KuCoin+0.183%7-day average +0.116% · 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−$866as in the Price arb table
costs, in and out, $10k−$8738.731% of the position
Funding, last 3 days (all we have)−0.074%−$7 on $10k
+Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.183%, 7d avg +0.116%
=The price spread pays, funding is against you. QFEX is 0.067% dearer against KuCoin than usual: you sell high and buy low (spread +0.183% now, against its 7-day average of +0.116%): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.5 days. At the pace of the last 3 days (−0.074% in total) that is about 3.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin UBERUSDTM | 71.070 | 0.0100 | pay 0.0100% / 8h | 6h 57m | $168K | $671K | 20x |
| Short | QFEX UBER-USD | 71.200 | 0.0066 | get 0.0008% / 1h | 57m 16s | $1.1M | $1.1M | 10x |
KuCoin UBERUSDTM
QFEX UBER-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against KuCoin. 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
- −$7.24
- Price spread: +0.183% → +0.116%
- $6.71
- Slippage, 4 orders
- −$851.06
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$873.59
- Costs to cover
- 8.731%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 56 min ago; QFEX: live order book, 7 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 KuCoin live order book, 56 min ago | 8.45 bp | 437.2 bp −$437 | doesn't fit | doesn't fit | doesn't fit |
| Sell QFEX live order book, 7 min ago | 1.40 bp | 8.6 bp −$9 | 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 | 70.560 | −0.718% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 71.445 | +0.527% | $93K | $11K | 20x | as long as short |
| Bybit UBERUSDT | 0.0000% | 8h | 71.230 | +0.225% | $335K | $78K | 25x | as long as short |
| Gate UBER_USDT | 0.0000% | 8h | 71.220 | +0.211% | $367K | $250K | 20x | as long as short |
| Bitget UBERUSDT | 0.0000% | 8h | 71.180 | +0.155% | $419K | $84K | 20x | as long as short |
| Variational Omni UBER | 0.0000% | 8h | 71.205 | +0.190% | $443K | $23K | — | as long as short |
| GRVT UBER_USDT_Perp | 0.0000% | 8h | 71.220 | +0.211% | $429 | $205K | 10x | as long as short |
| SunX UBER-USDT | 0.0000% | 8h | 71.180 | +0.155% | $2K | $2.1M | 10x | as long as short |
| QFEX UBER-USDshort | +0.0066% | 1h | 71.200 | +0.183% | $1.1M | $1.1M | 10x | |
| KuCoin UBERUSDTMlong | +0.0100% | 8h | 71.070 | long leg | $168K | $671K | 20x |
Injective UBER/USDC PERP
Aster UBERUSDT
Bybit UBERUSDT
Gate UBER_USDT
Bitget UBERUSDT
Variational Omni UBER
GRVT UBER_USDT_Perp
SunX UBER-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance UBERUSDT | +0.0129% | 8h | 71.220 | +0.211% | $2.3M | $616K | 20x | as long as short |
| HTX UBER-USDT | +0.1161% | 8h | 71.660 | +0.830% | $48K | $34K | 20x | as long as short |
Binance UBERUSDT
HTX UBER-USDT