Funding you earn now, next payment 00:00 UTC+0.2540%/8h= +278.1% APRnext payment +$3.18 per $10,000 · paid last 24h +0.174%
Price spread now: Injective against QFEX+4.382%7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$76 a day on $10k at the current rate, and Injective is 4.382% dearer against QFEX than usual: you sell high and buy low: +$438 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX GRAB-USD | 2.8300 | −0.2320 | get 0.0290% / 1h | 26m 49s | $1.1M | $111K | 10x |
| Short | Injective GRAB/USDC PERP | 2.9540 | 0.0220 | get 0.0028% / 1h | 26m 49s | $3K | $16K | 5.5x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $533.4
- Price spread: +4.382% → 0.000%
- $438.16
- 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
- $961.54
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: QFEX: live order book, 4 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, 4 min ago | 17.70 bp | 555.2 bp −$555 | 649.7 bp −$6,497 | 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.
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-USDlong | −0.2320% | 1h | 2.8300 | long leg | $1.1M | $111K | 10x | |
| Injective GRAB/USDC PERPshort | +0.0220% | 1h | 2.9540 | +4.382% | $3K | $16K | 5.5x |
Injective GRAB/USDC PERP