Funding you earn now, next payment 05:00 UTC+0.0025%/8h= +2.8% APRnext payment +$0.03 per $10,000 · paid last 24h −0.001%
Price spread now: Injective against QFEX−0.983%7-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 0.983% cheaper against QFEX than usual: you would sell low and buy high (spread −0.983% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$98 on $10k: about 4 months of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX WMT-USD | 107.88 | 0.0008 | pay 0.0001% / 1h | 7m 00s | $1.1M | $2.6M | 10x |
| Short | Injective WMT/USDC PERP | 106.82 | 0.0033 | get 0.0004% / 1h | 7m 00s | $3K | $26K | 12x |
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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $5.3
- Price spread: −0.983% → 0.000%
- −$98.26
- 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
- −$102.97
- Costs to cover
- 0.100%
- Break-even
- 142.9 days
Slippage unknown: QFEX: live order book, 6 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, 6 min ago | 1.85 bp | 7.2 bp −$7 | 18.8 bp −$188 | 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.
WMT on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX WMTUSDC | −0.0842% | 4h | 107.94 | +0.058% | $15K | $255K | 10x | as long as short |
| Aster WMTUSDT | 0.0000% | 8h | 107.76 | −0.110% | $4K | $76 | 20x | as long as short |
| Extended WMT-USD | 0.0000% | 1h | 107.92 | +0.039% | $23K | $115K | 10x | as long as short |
| Binance WMTUSDT | 0.0000% | 8h | 107.83 | −0.050% | $1.6M | $1.1M | 20x | as long as short |
| Bybit WMTUSDT | 0.0000% | 8h | 107.77 | −0.102% | $119K | $12K | 50x | as long as short |
| OKX WMT-USDT-SWAP | 0.0000% | 8h | 107.87 | −0.009% | $81K | $33K | 20x | as long as short |
| Gate WMT_USDT | 0.0000% | 8h | 107.84 | −0.037% | $816K | $27K | 25x | as long as short |
| Bitget WMTUSDT | 0.0000% | 8h | 107.91 | +0.028% | $542K | $93K | 50x | as long as short |
| Variational Omni WMT | 0.0000% | 8h | 107.91 | +0.023% | $61K | $76K | — | as long as short |
| GRVT WMT_USDT_Perp | 0.0000% | 8h | 107.92 | +0.037% | $765 | $132K | 10x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX WMT-USDT | 0.0000% | 8h | 108.32 | +0.408% | $5K | $351K | 20x | as long as short |
| QFEX WMT-USDlong | +0.0008% | 1h | 107.88 | long leg | $1.1M | $2.6M | 10x | |
| Injective WMT/USDC PERPshort | +0.0033% | 1h | 106.82 | −0.983% | $3K | $26K | 12x | |
| KuCoin WMTUSDTM | +0.0100% | 8h | 107.87 | −0.009% | $34K | $594K | 20x | as long as short |
| SunX WMT-USDT | +0.0100% | 8h | 107.94 | +0.056% | $2K | $2.9M | 10x | as long as short |
Injective WMT/USDC PERP
edgeX WMTUSDC
Aster WMTUSDT
Extended WMT-USD
Binance WMTUSDT
Bybit WMTUSDT
OKX WMT-USDT-SWAP
Gate WMT_USDT
Bitget WMTUSDT
Variational Omni WMT
GRVT WMT_USDT_Perp
HTX WMT-USDT
KuCoin WMTUSDTM
SunX WMT-USDT