Funding you earn now, next payment 09:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.010%
Price spread now: Injective against QFEX−0.458%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 0.458% cheaper against QFEX than usual: you would sell low and buy high (spread −0.458% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$46 on $10k: about 46 days 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 GD-USD | 353.89 | 0 | get 0.0000% / 1h | 44m 49s | $1.1M | $245K | 10x |
| Short | Injective GD/USDC PERP | 352.27 | 0.0033 | get 0.0004% / 1h | 44m 49s | $4 | $20K | 12x |
QFEX GD-USD
Injective GD/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
- Price spread: −0.458% → 0.000%
- −$45.78
- 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
- −$48.8
- Costs to cover
- 0.100%
- Break-even
- 55.8 days
Slippage unknown: QFEX: live order book, 1 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, 1 min ago | 152.17 bp | 208.3 bp −$208 | 215.7 bp −$2,157 | 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.
GD on 3 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 GD-USDlong | 0.0000% | 1h | 353.89 | long leg | $1.1M | $245K | 10x | |
| Injective GD/USDC PERPshort | +0.0033% | 1h | 352.27 | −0.458% | $4 | $20K | 12x | |
| Gate GD_USDT | +0.0200% | 8h | 356.03 | +0.605% | $39K | $271 | 25x | as long as short |
Gate GD_USDT