NOW

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0034%/8h= −3.7% APRnext payment −$0.04 per $10,000 · paid last 24h −0.012%

Price spread now: QFEX against Injective−1.402%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Injective Short on QFEX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 1.402% cheaper against Injective than usual: you would sell low and buy high (−$140 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective NOW/USDC PERP	139.80	0.0033	pay 0.0004% / 1h	40m 47s	$3K	$101	12x
Short	QFEX NOW-USD	137.84	0.0000	pay 0.0000% / 1h	40m 47s	$1.1M	$1.7M	10x

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

Position, each leg$Hold fordaysFee InjectivebpFee QFEXbpOrdersPrice spread, now −1.402%Rate

Funding earned: −$7.05
Price spread: −1.402% → 0.000%: −$140.2
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: −$157.27
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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Injective no order-book sample	—	—	—	—	—
Sell QFEX live order book, 6 min ago	77.27 bp	86.3 bp −$86	doesn't fit	doesn't fit	doesn'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.

NOW on 16 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 NOW-USDshort	0.0000%	1h	137.84	−1.402%	$1.1M	$1.7M	10x
Aster NOWUSDT	0.0000%	8h	138.77	−0.736%	$41K	$995	20x	as long as short
OKX NOW-USDT-SWAP	0.0000%	8h	138.00	−1.288%	$492K	$227K	20x	as long as short
Gate NOW_USDT	0.0000%	8h	137.99	−1.295%	$248K	$351K	20x	as long as short
Bitget NOWUSDT	0.0000%	8h	137.92	−1.345%	$781K	$234K	20x	as long as short
SunX NOW-USDT	0.0000%	8h	137.99	−1.295%	$453	$387K	10x	as long as short
HTX NOW-USDT	0.0000%	8h	137.89	−1.366%	$5K	$32K	20x	as long as short
Lighter NOW	+0.0032%	1h	137.91	−1.352%	$5K	$178	5x	as long as short
Injective NOW/USDC PERPlong	+0.0033%	1h	139.80	long leg	$3K	$101	12x
Vest NOW-USD-PERP	+0.0046%	1h	137.85	−1.395%	—	—	25x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NOWUSDTM	+0.0100%	8h	137.75	−1.466%	$317K	$620K	20x	as long as short
Binance NOWUSDT	+0.0194%	8h	138.02	−1.271%	$1.8M	$1.4M	20x	as long as short
BloFin NOW-USDT	+0.0205%	8h	137.99	−1.295%	$46K	$17K	20x	as long as short
Bybit NOWUSDT	+0.0241%	8h	138.09	−1.223%	$1.6M	$4.3M	25x	as long as short
tradeXYZ xyz:NOW	+0.0292%	1h	137.88	−1.373%	$2.1M	$226K	10x	as long as short
GRVT NOW_USDT_Perp	+0.0459%	8h	138.01	−1.280%	$558	$149K	10x	as long as short