Funding you earn now, next payment 00:00 UTC+0.0036%/8h= +3.9% APRnext payment +$0.04 per $10,000 · paid last 24h +0.010%
Price spread now: Injective against QFEX−0.894%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. Injective is 0.894% cheaper against QFEX than usual: you would sell low and buy high (spread −0.894% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$89 on $10k: about 3 months of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX BA-USD | 201.23 | −0.0002 | get 0.0000% / 1h | 56m 27s | $1.1M | $1.7M | 10x |
| Short | Injective BA/USDC PERP | 199.43 | 0.0033 | get 0.0004% / 1h | 56m 27s | — | $28K | 12x |
QFEX BA-USD
Injective BA/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- $7.47
- Price spread: −0.894% → 0.000%
- −$89.45
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$92
- Costs to cover
- 0.100%
- Break-even
- 93.2 days
Slippage unknown: QFEX: live order book, 5 min ago; Injective: no order-book sample. Net counts fees only.
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, 5 min ago | 77.22 bp | 115.1 bp −$115 | 122.3 bp −$1,223 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
BA on 4 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX BA-USDlong | −0.0002% | 1h | 201.23 | long leg | $1.1M | $1.7M | 10x | |
| Gate BA_USDT | 0.0000% | 8h | 201.80 | +0.283% | $159K | $4K | 25x | as long as short |
| Bitget BAUSDT | 0.0000% | 8h | 201.28 | +0.025% | $401K | $96K | 20x | as long as short |
| Injective BA/USDC PERPshort | +0.0033% | 1h | 199.43 | −0.894% | — | $28K | 12x |
Gate BA_USDT
Bitget BAUSDT