Funding you earn now, next payment 23:00 UTC−0.0044%/8h= −4.8% APRpaid last 24h −0.003%
Price spread now: Gate against QFEX+0.056%7-day average +0.018% · 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−$284as in the Price arb table
costs, in and out, $10k−$2882.882% of the position
Funding, last 3 days (all we have)−0.015%−$1 on $10k
+Price spread, last 4 days (all we have)−0.023%−$2 · spread now +0.056%, 7d avg +0.018%
=The price spread pays, funding is against you. Gate is 0.038% dearer against QFEX than usual: you sell high and buy low (spread +0.056% now, against its 7-day average of +0.018%): +$4 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.9 days. At the pace of the last 3 days (−0.015% in total) that is about 8.6 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX UBER-USD | 71.080 | 0.0044 | pay 0.0006% / 1h | 49m 26s | $1.1M | $1.1M | 10x |
| Short | Gate UBER_USDT | 71.120 | 0 | get 0.0000% / 8h | 1h 49m | $366K | $265K | 20x |
QFEX UBER-USD
Gate UBER_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$9.26
- Price spread: +0.056% → +0.018%
- $3.8
- Slippage, 4 orders
- −$263.25
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$293.71
- Costs to cover
- 2.882%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 1 min ago; Gate: live order book, 31 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, 1 min ago | 1.41 bp | 9.9 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 31 min ago | 13.39 bp | 79.2 bp −$79 | 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 | 70.390 | −0.971% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 71.189 | +0.153% | $93K | $11K | 20x | as long as short |
| Bybit UBERUSDT | 0.0000% | 8h | 71.130 | +0.070% | $314K | $71K | 25x | as long as short |
| Gate UBER_USDTshort | 0.0000% | 8h | 71.120 | +0.056% | $366K | $265K | 20x | |
| Bitget UBERUSDT | 0.0000% | 8h | 71.100 | +0.028% | $403K | $61K | 20x | as long as short |
| SunX UBER-USDT | 0.0000% | 8h | 71.090 | +0.014% | $948 | $2.1M | 10x | as long as short |
| QFEX UBER-USDlong | +0.0044% | 1h | 71.080 | long leg | $1.1M | $1.1M | 10x | |
| KuCoin UBERUSDTM | +0.0100% | 8h | 71.020 | −0.084% | $166K | $808K | 20x | as long as short |
| Variational Omni UBER | +0.0100% | 8h | 71.135 | +0.077% | $442K | $23K | — | as long as short |
| Binance UBERUSDT | +0.0295% | 8h | 71.068 | −0.017% | $2.3M | $632K | 20x | as long as short |
Injective UBER/USDC PERP
Aster UBERUSDT
Bybit UBERUSDT
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 | +0.0701% | 8h | 71.120 | +0.056% | $395 | $228K | 10x | as long as short |
| HTX UBER-USDT | +0.1468% | 8h | 71.530 | +0.633% | $48K | $34K | 20x | as long as short |
GRVT UBER_USDT_Perp
HTX UBER-USDT