Funding you earn now, next payment 22:00 UTC+0.0047%/8h= +5.1% APRnext payment +$0.06 per $10,000 · paid last 24h +0.010%
Price spread now: QFEX against Injective−0.537%105s7-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. QFEX is 0.537% cheaper against Injective than usual: you would sell low and buy high (spread −0.537% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$54 on $10k: about 38 days of funding at the current rate (+$1 a day). The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective CRM/USDC PERP | 238.14 | 0.0033 | pay 0.0004% / 1h | 5m 38s | $12K | $24K | 12x |
| Short | QFEX CRM-USD | 236.86 | 0.0080 | get 0.0010% / 1h | 5m 38s | $1.5M | $11.6M | 10x |
Injective CRM/USDC PERP
QFEX CRM-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Injective. 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
- $9.8
- Price spread: −0.537% → 0.000%
- −$53.75
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$53.97
- Costs to cover
- 0.100%
- Break-even
- 45.5 days
Slippage unknown: Injective: no order-book sample; QFEX: live order book, 8 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 8 min ago | 2.11 bp | 12.2 bp −$12 | doesn't fit | doesn't fit | doesn't fit |
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.
CRM on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster CRMUSDT | 0.0000% | 8h | 237.03 | −0.466% | $11K | $2K | 20x | as long as short |
| Binance CRMUSDT | 0.0000% | 8h | 237.08 | −0.445% | $1.8M | $1.6M | 20x | as long as short |
| Bybit CRMUSDT | 0.0000% | 8h | 236.67 | −0.617% | $261K | $98K | 25x | as long as short |
| OKX CRM-USDT-SWAP | 0.0000% | 8h | 236.55 | −0.668% | $456K | $144K | 10x | as long as short |
| Gate CRM_USDT | 0.0000% | 8h | 237.13 | −0.424% | $224K | $21K | 20x | as long as short |
| Bitget CRMUSDT | 0.0000% | 8h | 236.66 | −0.621% | $444K | $70K | 20x | as long as short |
| Variational Omni CRM | 0.0000% | 8h | 237.03 | −0.468% | $24K | $19K | — | as long as short |
| GRVT CRM_USDT_Perp | 0.0000% | 8h | 236.98 | −0.488% | $446 | $120K | 10x | as long as short |
| SunX CRM-USDT | 0.0000% | 8h | 237.07 | −0.449% | $991 | $335K | 10x | as long as short |
| HTX CRM-USDT | 0.0000% | 8h | 237.18 | −0.403% | $10K | $25K | 20x | as long as short |
Aster CRMUSDT
Binance CRMUSDT
Bybit CRMUSDT
OKX CRM-USDT-SWAP
Gate CRM_USDT
Bitget CRMUSDT
Variational Omni CRM
GRVT CRM_USDT_Perp
SunX CRM-USDT
HTX CRM-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective CRM/USDC PERPlong | +0.0033% | 1h | 238.14 | long leg | $12K | $24K | 12x | |
| QFEX CRM-USDshort | +0.0080% | 1h | 236.86 | −0.537% | $1.5M | $11.6M | 10x | |
| KuCoin CRMUSDTM | +0.0100% | 8h | 236.78 | −0.571% | $103K | $723K | 20x | as long as short |
| edgeX CRMUSDC | +0.0410% | 4h | 237.06 | −0.451% | $96K | $230K | 10x | as long as short |
KuCoin CRMUSDTM
edgeX CRMUSDC