Settings8H · net · $10k
Funding arb · Price arb /

GS

RWAall GS markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0220%/8h= −24.1% APRnext payment $0.28 per $10,000 · paid last 24h −0.066%
Price spread now: QFEX against Injective−2.189%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and QFEX is 2.189% cheaper against Injective than usual: you would sell low and buy high (−$219 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective GS/USDC PERP978.890.0220pay 0.0028% / 1h11m 39s$11K$39K12x
ShortQFEX GS-USD957.460get 0.0000% / 1h11m 39s$1.1M$2.7M10x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$46.2
Price spread: −2.189% → 0.000%
−$218.92
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
−$275.14
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Injective: no order-book sample; QFEX: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell QFEX live order book, 6 min ago2.04 bp13.2 bp −$1315.6 bp −$156doesn't fitdoesn'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.

GS on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX GSUSDC−0.0810%4h958.84−2.048%$26K$244K10xas long as short
Binance GSUSDT0.0000%8h958.03−2.131%$425K$384K20xas long as short
Bybit GSUSDT0.0000%8h956.93−2.243%$286K$43K25xas long as short
QFEX GS-USDshort0.0000%1h957.46−2.189%$1.1M$2.7M10x
Gate GS_USDT0.0000%8h956.80−2.257%$226K$8K20xas long as short
Bitget GSUSDT0.0000%8h958.55−2.078%$356K$38K20xas long as short
GRVT GS_USDT_Perp0.0000%8h957.57−2.178%$632$120K10xas long as short
HTX GS-USDT0.0000%8h958.77−2.055%$9K$37K10xas long as short
Injective GS/USDC PERPlong+0.0220%1h978.89long leg$11K$39K12x