Funding you earn now, next payment 10:00 UTC+0.0020%/8h= +2.2% APRpaid last 24h +0.004%
Price spread now: KuCoin against QFEX−0.112%7-day average −0.110% · 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−$1,224as in the Price arb table
costs, in and out, $10k−$1,22412.241% of the position
Funding, last 4 days (all we have)+0.073%+$7 on $10k
+Price spread, last 4 days (all we have)+0.034%+$3 · spread now −0.112%, 7d avg −0.110%
=The price spread sits at its 7-day average of −0.110%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX UBER-USD | 71.310 | 0.0080 | pay 0.0010% / 1h | 8m 50s | $1.1M | $1.1M | 10x |
| Short | KuCoin UBERUSDTM | 71.230 | 0.0100 | get 0.0100% / 8h | 6h 08m | $170K | $539K | 20x |
Funding 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: −0.112% → −0.110%
- −$0.25
- Slippage, 4 orders
- −$1,202.14
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$1,220.19
- Costs to cover
- 12.241%
- Break-even
- 2040.7 days
Slippage from QFEX: live order book, just now; KuCoin: live order book, 36 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, just now | 1.40 bp | 12.9 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 36 min ago | 11.24 bp | 723.9 bp −$724 | doesn't fit | doesn't fit | doesn't fit |
UBER on 12 exchanges
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 | 70.500 | −1.136% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 71.415 | +0.147% | $93K | $11K | 20x | as long as short |
| Gate UBER_USDT | 0.0000% | 8h | 71.320 | +0.014% | $369K | $240K | 20x | as long as short |
| Bitget UBERUSDT | 0.0000% | 8h | 71.310 | 0.000% | $478K | $149K | 20x | as long as short |
| SunX UBER-USDT | 0.0000% | 8h | 71.290 | −0.028% | $1K | $2.0M | 10x | as long as short |
| Bybit UBERUSDT | +0.0054% | 8h | 71.440 | +0.182% | $414K | $107K | 25x | as long as short |
| QFEX UBER-USDlong | +0.0080% | 1h | 71.310 | long leg | $1.1M | $1.1M | 10x | |
| KuCoin UBERUSDTMshort | +0.0100% | 8h | 71.230 | −0.112% | $170K | $539K | 20x | |
| Variational Omni UBER | +0.0194% | 8h | 71.325 | +0.021% | $446K | $26K | — | as long as short |
| Binance UBERUSDT | +0.0295% | 8h | 71.350 | +0.056% | $2.4M | $718K | 20x | as long as short |
Show all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT UBER_USDT_Perp | +0.1024% | 8h | 71.330 | +0.028% | $7 | $219K | 10x | as long as short |
| HTX UBER-USDT | +0.2520% | 8h | 71.810 | +0.701% | $48K | $34K | 20x | as long as short |
KuCoin UBERUSDTM
Injective UBER/USDC PERP
Aster UBERUSDT
Gate UBER_USDT
Bitget UBERUSDT
SunX UBER-USDT
Bybit UBERUSDT
Variational Omni UBER
Binance UBERUSDT
GRVT UBER_USDT_Perp
HTX UBER-USDT