Funding you earn now, next payment 23:00 UTC+0.0270%/8h= +29.5% APRpaid last 24h +0.030%
Price spread now: Binance against QFEX+0.029%7-day average +0.044% · 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−$59as in the Price arb table
costs, in and out, $10k−$570.572% of the position
Funding, last 3 days (all we have)+0.054%+$5 on $10k
+Price spread, last 2 days (all we have)−0.007%−$1 · spread now +0.029%, 7d avg +0.044%
=The price spread sits at its 7-day average of +0.044%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.054% in total (about 5.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX UBER-USD | 71.150 | 0.0044 | pay 0.0006% / 1h | 4m 01s | $1.1M | $1.1M | 10x |
| Short | Binance UBERUSDT | 71.170 | 0.0314 | get 0.0314% / 8h | 1h 04m | $2.3M | $624K | 20x |
QFEX UBER-USD
Binance UBERUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $56.63
- Price spread: +0.029% → +0.044%
- −$1.57
- Slippage, 4 orders
- −$37.22
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$2.16
- Costs to cover
- 0.572%
- Break-even
- 7.3 days
Slippage from QFEX: live order book, 2 min ago; Binance: live order book, 1 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, 2 min ago | 1.40 bp | 10.1 bp −$10 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 1 min ago | 1.40 bp | 19.3 bp −$19 | 58.3 bp −$583 | 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 | 69.210 | −2.727% | $16K | $14K | 12x | as long as short |
| Aster UBERUSDT | 0.0000% | 8h | 71.219 | +0.097% | $93K | $11K | 20x | as long as short |
| Gate UBER_USDT | 0.0000% | 8h | 71.170 | +0.028% | $366K | $271K | 20x | as long as short |
| Bitget UBERUSDT | 0.0000% | 8h | 71.140 | −0.014% | $404K | $62K | 20x | as long as short |
| SunX UBER-USDT | 0.0000% | 8h | 71.130 | −0.028% | $1K | $2.1M | 10x | as long as short |
| Bybit UBERUSDT | +0.0028% | 8h | 71.210 | +0.084% | $335K | $80K | 25x | as long as short |
| QFEX UBER-USDlong | +0.0044% | 1h | 71.150 | long leg | $1.1M | $1.1M | 10x | |
| KuCoin UBERUSDTM | +0.0100% | 8h | 71.030 | −0.169% | $167K | $765K | 20x | as long as short |
| Variational Omni UBER | +0.0138% | 8h | 71.175 | +0.035% | $442K | $23K | — | as long as short |
| Binance UBERUSDTshort | +0.0314% | 8h | 71.170 | +0.029% | $2.3M | $624K | 20x |
Injective UBER/USDC PERP
Aster UBERUSDT
Gate UBER_USDT
Bitget UBERUSDT
SunX UBER-USDT
Bybit UBERUSDT
KuCoin UBERUSDTM
Variational Omni UBERShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT UBER_USDT_Perp | +0.0698% | 8h | 71.185 | +0.050% | $489 | $217K | 10x | as long as short |
| HTX UBER-USDT | +0.1386% | 8h | 71.580 | +0.604% | $48K | $34K | 20x | as long as short |
GRVT UBER_USDT_Perp
HTX UBER-USDT