COIN

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0485%/8h= +53.2% APRnext payment +$0.61 per $10,000 · paid last 24h +0.144%

Price spread now: QFEX against Injective−0.087%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

Funding pays, the price is against you. QFEX is 0.087% cheaper against Injective than usual: you would sell low and buy high (spread −0.087% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 14 hours of funding at the current rate (+$15 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective COIN/USDC PERP	195.45	−0.0440	get 0.0055% / 1h	39m 10s	$43K	$48K	30x
Short	QFEX COIN-USD	195.28	0.0045	get 0.0006% / 1h	39m 10s	$1.3M	$3.0M	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 −0.087%Rate

Funding earned: $101.94
Price spread: −0.087% → 0.000%: −$8.7
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: $83.22
Costs to cover: 0.100%
Break-even: 1.3 days

Slippage unknown: Injective: no order-book sample; QFEX: live order book, 4 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, 4 min ago	1.53 bp	6.5 bp −$7	8.0 bp −$80	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.

COIN on 26 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
Bitget COINUSDT	−0.0694%	8h	195.51	+0.031%	$6.3M	$10.7M	20x	as long as short
Injective COIN/USDC PERPlong	−0.0440%	1h	195.45	long leg	$43K	$48K	30x
Vest COIN-USD-PERP	−0.0102%	1h	194.73	−0.368%	—	$289K	25x	as long as short
Gate COIN_USDT	−0.0012%	8h	195.33	−0.061%	$1.2M	$7.4M	50x	as long as short
Aster COINUSDT	0.0000%	8h	195.48	+0.015%	$341K	$890K	20x	as long as short
Extended COIN_24_5-USD	0.0000%	1h	195.26	−0.098%	$112K	$807K	10x	as long as short
Binance COINUSDT	0.0000%	8h	195.32	−0.067%	$15.0M	$82.4M	20x	as long as short
Bybit COINUSDT	0.0000%	8h	195.27	−0.092%	$4.7M	$6.2M	50x	as long as short
OKX COIN-USDT-SWAP	0.0000%	8h	195.23	−0.113%	$3.0M	$4.7M	20x	as long as short
Variational Omni COIN	0.0000%	8h	195.45	0.000%	$708K	$959K	—	as long as short

Show all 26 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT COIN_USDT_Perp	0.0000%	8h	195.58	+0.067%	$16K	$2.7M	10x	as long as short
Lighter RH COIN	+0.0032%	1h	195.30	−0.077%	$459K	$1.5M	10x	as long as short
Arcus COIN-USD	+0.0040%	1h	195.57	+0.061%	$15K	$54K	5x	as long as short
QFEX COIN-USDshort	+0.0045%	1h	195.28	−0.087%	$1.3M	$3.0M	10x
Polymarket Perps COIN-USD	+0.0050%	1h	195.20	−0.128%	$129K	$1.4M	10x	as long as short
SoDEX COIN-USD	+0.0050%	1h	195.27	−0.092%	$76	$3K	10x	as long as short
Ondo Perps COIN-USD.P	+0.0050%	1h	195.03	−0.215%	$447K	$2.8M	10x	as long as short
tradeXYZ xyz:COIN	+0.0079%	1h	195.20	−0.128%	$15.1M	$13.2M	10x	as long as short
KuCoin COINUSDTM	+0.0100%	8h	195.20	−0.128%	$984K	$137K	20x	as long as short
ApeX Omni COINUSDT	+0.0100%	1h	195.32	−0.067%	$88K	$287K	50x	as long as short
Orderly PERP_COIN_USDC_mythos	+0.0100%	8h	195.24	−0.107%	$565	$4K	10x	as long as short
Aevo COIN-PERP	+0.0104%	1h	195.28	−0.088%	$115	—	10x	as long as short
Lighter COIN	+0.0120%	1h	195.30	−0.079%	$361K	$2.3M	10x	as long as short
BloFin COIN-USDT	+0.0120%	8h	195.33	−0.061%	$187K	$423K	20x	as long as short
Phoenix COIN	+0.0163%	1h	195.44	−0.005%	$4K	$283K	10x	as long as short
edgeX COINUSDC	+0.0209%	4h	195.50	+0.028%	$50K	$294K	10x	as long as short