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

NOC

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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: Injective against QFEX+9.895%7-day average · you sell dearer than you buy
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 for this trade now. Funding pays +$7 a day on $10k at the current rate, and Injective is 9.895% dearer against QFEX than usual: you sell high and buy low: +$990 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX NOC-USD527.820get 0.0000% / 1h51m 49s$1.1M$604K10x
ShortInjective NOC/USDC PERP580.050.0220get 0.0028% / 1h51m 49s$3K$24K12x

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 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: +9.895% → 0.000%
$989.54
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
$1,025.72
Costs to cover
0.100%
Break-even
from the start
Slippage unknown: QFEX: live order book, 3 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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 3 min ago152.13 bp179.1 bp −$179doesn't fitdoesn't fitdoesn'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.

NOC on 4 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 NOC-USDlong0.0000%1h527.82long leg$1.1M$604K10x
Gate NOC_USDT0.0000%8h526.55−0.241%$64K$49320xas long as short
Bitget NOCUSDT0.0000%8h527.25−0.108%$71K$11K20xas long as short
Injective NOC/USDC PERPshort+0.0220%1h580.05+9.895%$3K$24K12x