Funding you earn now, next payment 05:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.010%
Price spread now: Injective against QFEX−0.331%105s7-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
Funding pays, the price is against you. Injective is 0.331% cheaper against QFEX than usual: you would sell low and buy high (spread −0.331% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$33 on $10k: about 33 days of funding at the current rate (+$1 a day). The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX LMT-USD | 534.55 | 0 | get 0.0000% / 1h | 29m 28s | $1.1M | $1.1M | 10x |
| Short | Injective LMT/USDC PERP | 532.78 | 0.0033 | get 0.0004% / 1h | 29m 28s | $701 | $21K | 12x |
QFEX LMT-USD
Injective LMT/USDC PERPFunding 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
- $7
- Price spread: −0.331% → 0.000%
- −$33.11
- 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
- −$36.13
- Costs to cover
- 0.100%
- Break-even
- 43.1 days
Slippage unknown: QFEX: live order book, 1 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, 1 min ago | 252.08 bp | 267.3 bp −$267 | doesn't fit | 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.
LMT on 5 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 LMT-USDlong | 0.0000% | 1h | 534.55 | long leg | $1.1M | $1.1M | 10x | |
| Gate LMT_USDT | 0.0000% | 8h | 538.26 | +0.694% | $63K | $8K | 20x | as long as short |
| Bitget LMTUSDT | 0.0000% | 8h | 536.08 | +0.286% | $42K | $17K | 20x | as long as short |
| HTX LMT-USDT | 0.0000% | 8h | 535.73 | +0.221% | $5K | $387K | 20x | as long as short |
| Injective LMT/USDC PERPshort | +0.0033% | 1h | 532.78 | −0.331% | $701 | $21K | 12x |
Gate LMT_USDT
Bitget LMTUSDT
HTX LMT-USDT