Funding you earn now, next payment 04:00 UTC−0.2780%/8h= −304.4% APRnext payment −$3.48 per $10,000 · paid last 24h −0.307%
Price spread now: QFEX against Injective−5.479%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
Both sides work against this trade now: funding costs −$83 a day on $10k at the current rate, and QFEX is 5.479% cheaper against Injective than usual: you would sell low and buy high (−$548 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective GRAB/USDC PERP | 3.1210 | 0.0220 | pay 0.0028% / 1h | 22m 39s | $3K | $16K | 5.5x |
| Short | QFEX GRAB-USD | 2.9500 | −0.2560 | pay 0.0320% / 1h | 22m 39s | $1.2M | $195K | 10x |
Injective GRAB/USDC PERP
QFEX GRAB-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
- −$583.8
- Price spread: −5.479% → 0.000%
- −$547.9
- 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
- −$1,141.72
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; QFEX: live order book, 4 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, 4 min ago | 17.70 bp | 22.7 bp −$23 | 84.2 bp −$842 | 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.
GRAB 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 GRAB-USDshort | −0.2560% | 1h | 2.9500 | −5.479% | $1.2M | $195K | 10x | |
| Injective GRAB/USDC PERPlong | +0.0220% | 1h | 3.1210 | long leg | $3K | $16K | 5.5x |