Funding you earn now, next payment 05:00 UTC+0.0220%/8h= +24.1% APRnext payment +$0.28 per $10,000 · paid last 24h +0.066%
Price spread now: QFEX against Injective+11.136%7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and QFEX is 11.136% dearer against Injective than usual: you sell high and buy low: +$1,114 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective TEM/USDC PERP | 70.310 | −0.0220 | get 0.0028% / 1h | 1m 59s | $7K | $28K | 12x |
| Short | QFEX TEM-USD | 78.140 | 0 | get 0.0000% / 1h | 1m 59s | $1.1M | $917K | 10x |
Injective TEM/USDC PERP
QFEX TEM-USDFunding 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 itlatest
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: +11.136% → 0.000%
- $1,113.64
- 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
- $1,149.82
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; QFEX: live order book, 3 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, 3 min ago | 1.92 bp | 8.2 bp −$8 | 13.3 bp −$133 | 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.
TEM on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective TEM/USDC PERPlong | −0.0220% | 1h | 70.310 | long leg | $7K | $28K | 12x | |
| Binance TEMUSDT | 0.0000% | 8h | 78.170 | +11.179% | $363K | $837K | 20x | as long as short |
| Bybit TEMUSDT | 0.0000% | 8h | 78.150 | +11.151% | $253K | $230K | 25x | as long as short |
| QFEX TEM-USDshort | 0.0000% | 1h | 78.140 | +11.136% | $1.1M | $917K | 10x | |
| Gate TEM_USDT | 0.0000% | 8h | 78.080 | +11.051% | $60K | $9K | 20x | as long as short |
| Bitget TEMUSDT | 0.0000% | 8h | 78.040 | +10.994% | $195K | $770K | 20x | as long as short |
| HTX TEM-USDT | 0.0000% | 8h | 78.170 | +11.179% | $6K | $387K | 20x | as long as short |
| Phemex TEMUSDT | 0.0000% | 8h | 78.160 | +11.165% | $813K | $69K | 20x | as long as short |
| OKX TEM-USDT-SWAP | +0.0916% | 8h | 78.453 | +11.582% | $65K | $369K | 20x | as long as short |
Binance TEMUSDT
Bybit TEMUSDT
Gate TEM_USDT
Bitget TEMUSDT
HTX TEM-USDT
Phemex TEMUSDT
OKX TEM-USDT-SWAP