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

IOVA

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0060%/8h= +6.6% APRnext payment +$0.08 per $10,000 · paid last 24h +0.219%
Price spread now: Aftermath Perps against QFEX−0.415%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Aftermath Perps is 0.415% cheaper against QFEX than usual: you would sell low and buy high (spread −0.415% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$41 on $10k: about 23 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX IOVA-USD10.170−0.0011get 0.0001% / 1h13m 36s$1.1M$131K10x
ShortAftermath Perps IOVAUSD10.1280.0049get 0.0006% / 1h13m 36s$464$19K5x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aftermath Perps against QFEX. 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
$12.7
Price spread: −0.415% → 0.000%
−$41.5
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Aftermath Perps: 4.5 bp × 2 orders
−$9
Net
−$47.79
Costs to cover
0.190%
Break-even
33.3 days
Slippage unknown: QFEX: live order book, 2 min ago; Aftermath Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 2 min ago260.70 bp275.0 bp −$275278.2 bp −$2,782doesn't fitdoesn't fit
Sell Aftermath Perps no order-book sample
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX IOVA-USDlong−0.0011%1h10.170long leg$1.1M$131K10x
Aftermath Perps IOVAUSDshort+0.0049%1h10.128−0.415%$464$19K5x