Funding you earn now, next payment 01:00 UTC+0.0029%/8h= +3.2% APRnext payment +$0.04 per $10,000 · paid last 24h +0.010%
Price spread now: Injective against QFEX−12.782%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 12.782% cheaper against QFEX than usual: you would sell low and buy high (spread −12.782% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$1,278 on $10k: about years 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 GLXY-USD | 26.130 | 0.0004 | pay 0.0001% / 1h | 28m 41s | $1.1M | $542K | 10x |
| Short | Injective GLXY/USDC PERP | 22.790 | 0.0033 | get 0.0004% / 1h | 28m 41s | $58 | $21K | 5.5x |
QFEX GLXY-USD
Injective GLXY/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
- $6.06
- Price spread: −12.782% → 0.000%
- −$1,278.22
- 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
- −$1,282.19
- Costs to cover
- 0.100%
- Break-even
- 1488.3 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 | 5.74 bp | 33.5 bp −$33 | 37.1 bp −$371 | 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.
GLXY on 2 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 GLXY-USDlong | +0.0004% | 1h | 26.130 | long leg | $1.1M | $542K | 10x | |
| Injective GLXY/USDC PERPshort | +0.0033% | 1h | 22.790 | −12.782% | $58 | $21K | 5.5x |