Settings8H · net · $10k
Funding arb · Price arb /

COST

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0015%/8h= −1.6% APRnext payment $0.02 per $10,000 · paid last 24h +0.002%
Price spread now: Injective against QFEX−0.785%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and Injective is 0.785% cheaper against QFEX than usual: you would sell low and buy high (−$79 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX COST-USD899.040.0048pay 0.0006% / 1h16m 08s$1.1M$3.0M10x
ShortInjective COST/USDC PERP891.980.0033get 0.0004% / 1h16m 08s$2K$28K12x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$3.11
Price spread: −0.785% → 0.000%
−$78.53
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
−$91.66
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: QFEX: live order book, 7 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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 7 min ago251.08 bp256.5 bp −$256262.3 bp −$2,623doesn't fitdoesn'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.

COST on 15 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster COSTUSDT0.0000%8h898.26−0.086%$45K$17820xas long as short
Bybit COSTUSDT0.0000%8h899.07+0.003%$470K$193K25xas long as short
OKX COST-USDT-SWAP0.0000%8h899.67+0.070%$439K$145K10xas long as short
Gate COST_USDT0.0000%8h899.46+0.047%$523K$26K25xas long as short
Bitget COSTUSDT0.0000%8h898.72−0.036%$398K$125K25xas long as short
SunX COST-USDT0.0000%8h898.80−0.027%$2K$3.3M10xas long as short
HTX COST-USDT0.0000%8h901.34+0.256%$10K$42K10xas long as short
Injective COST/USDC PERPshort+0.0033%1h891.98−0.785%$2K$28K12x
Extended COST-USD+0.0040%1h898.30−0.082%10xas long as short
Vest COST-USD-PERP+0.0046%1h898.33−0.079%25xas long as short
Show all 15 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX COST-USDlong+0.0048%1h899.04long leg$1.1M$3.0M10x
tradeXYZ xyz:COST+0.0050%1h898.66−0.042%$1.8M$536K20xas long as short
Variational Omni COST+0.0090%8h898.99−0.006%$42K$19Kas long as short
KuCoin COSTUSDTM+0.0100%8h897.70−0.149%$41K$825K20xas long as short
Binance COSTUSDT+0.0270%8h899.21+0.019%$1.1M$972K20xas long as short