BX

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0300%/8h= +32.9% APRnext payment +$0.38 per $10,000 · paid last 24h −0.060%

Price spread now: Injective against QFEX−0.316%7-day average — · you buy dearer than you sell

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

Long on QFEX Short on Injective

What this pair did over the last

the charts below follow

Funding, last 3 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 0.316% cheaper against QFEX than usual: you would sell low and buy high (spread −0.316% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$32 on $10k: about 3.5 days of funding at the current rate (+$9 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX BX-USD	126.63	−0.0080	get 0.0010% / 1h	46m 10s	$1.1M	$1.2M	10x
Short	Injective BX/USDC PERP	126.23	0.0220	get 0.0028% / 1h	46m 10s	$1K	$27K	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 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 QFEXbpFee InjectivebpOrdersPrice spread, now −0.316%Rate

Funding earned: $63
Price spread: −0.316% → 0.000%: −$31.59
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: $21.39
Costs to cover: 0.100%
Break-even: 4.6 days

Slippage unknown: QFEX: live order book, 5 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, 5 min ago	13.84 bp	18.8 bp −$19	18.8 bp −$188	23.2 bp −$2,323	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.

BX on 14 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 BX-USDlong	−0.0080%	1h	126.63	long leg	$1.1M	$1.2M	10x
Aster BXUSDT	0.0000%	8h	126.21	−0.334%	$5K	$2K	20x	as long as short
Bybit BXUSDT	0.0000%	8h	126.53	−0.079%	$500K	$855K	25x	as long as short
Gate BX_USDT	0.0000%	8h	126.43	−0.158%	$425K	$20K	20x	as long as short
Bitget BXUSDT	0.0000%	8h	126.58	−0.039%	$903K	$47K	20x	as long as short
SunX BX-USDT	0.0000%	8h	126.48	−0.118%	$940	$301K	10x	as long as short
HTX BX-USDT	0.0000%	8h	126.76	+0.103%	$7K	$3K	20x	as long as short
OKX BX-USDT-SWAP	+0.0004%	8h	126.37	−0.205%	$159K	$101K	20x	as long as short
Injective BX/USDC PERPshort	+0.0220%	1h	126.23	−0.316%	$1K	$27K	12x
Variational Omni BX	+0.0513%	8h	126.46	−0.131%	$31K	$127	—	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BXUSDTM	+0.0545%	8h	126.48	−0.118%	$112K	$1.2M	20x	as long as short
tradeXYZ xyz:BX	+0.0604%	1h	126.38	−0.197%	$663K	$177K	10x	as long as short
Binance BXUSDT	+0.0815%	8h	126.53	−0.079%	$805K	$454K	20x	as long as short
GRVT BX_USDT_Perp	+0.1662%	8h	126.45	−0.141%	$1K	$127K	10x	as long as short