Funding you earn now, next payment 00:00 UTC+0.0118%/8h= +12.9% APRnext payment +$0.15 per $10,000 · paid last 24h −0.214%
Price spread now: QFEX against Aftermath Perps−2.729%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. QFEX is 2.729% cheaper against Aftermath Perps than usual: you would sell low and buy high (spread −2.729% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$273 on $10k: about 3 months of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aftermath Perps IOVAUSD | 10.496 | −0.0118 | get 0.0015% / 1h | 21m 26s | $464 | $20K | 5x |
| Short | QFEX IOVA-USD | 10.210 | 0 | get 0.0000% / 1h | 21m 26s | $1.1M | $149K | 10x |
Aftermath Perps IOVAUSD
QFEX IOVA-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Aftermath Perps. 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
- $24.76
- Price spread: −2.729% → 0.000%
- −$272.94
- Slippage, 4 orders
- no order book: not counted
- Fee Aftermath Perps: 4.5 bp × 2 orders
- −$9
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$267.18
- Costs to cover
- 0.190%
- Break-even
- 82.5 days
Slippage unknown: Aftermath Perps: 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 Aftermath Perps no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 4 min ago | 254.65 bp | 268.9 bp −$269 | 277.3 bp −$2,773 | doesn't fit | doesn't fit |
Aftermath Perps: 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.
IOVA 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 | |
|---|---|---|---|---|---|---|---|---|
| Aftermath Perps IOVAUSDlong | −0.0118% | 1h | 10.496 | long leg | $464 | $20K | 5x | |
| QFEX IOVA-USDshort | 0.0000% | 1h | 10.210 | −2.729% | $1.1M | $149K | 10x |