COST

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0029%/8h= −3.1% APRnext payment −$0.04 per $10,000 · paid last 24h −0.002%

Price spread now: QFEX against Injective+0.823%7-day average — · you sell dearer than you buy

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

The price spread pays, funding is against you. QFEX is 0.823% dearer against Injective than usual: you sell high and buy low (spread +0.823% now, against zero (this spread has no 7-day history yet)): +$82 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Injective COST/USDC PERP	891.98	0.0033	pay 0.0004% / 1h	1m 17s	$2K	$28K	12x
Short	QFEX COST-USD	899.32	0.0005	get 0.0001% / 1h	1m 17s	$1.1M	$2.8M	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 +0.823%Rate

Funding earned: −$6.03
Price spread: +0.823% → 0.000%: $82.29
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: $66.24
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Injective: no order-book sample; QFEX: live order book, 7 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, 7 min ago	1.61 bp	6.6 bp −$7	12.3 bp −$123	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.

COST 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
Aster COSTUSDT	0.0000%	8h	899.40	+0.832%	$45K	$178	20x	as long as short
Bybit COSTUSDT	0.0000%	8h	899.16	+0.805%	$491K	$218K	25x	as long as short
OKX COST-USDT-SWAP	0.0000%	8h	899.95	+0.894%	$447K	$109K	10x	as long as short
Gate COST_USDT	0.0000%	8h	899.58	+0.852%	$521K	$8K	25x	as long as short
Bitget COSTUSDT	0.0000%	8h	899.21	+0.811%	$403K	$77K	25x	as long as short
Variational Omni COST	0.0000%	8h	899.20	+0.809%	$42K	$17K	—	as long as short
SunX COST-USDT	0.0000%	8h	899.20	+0.809%	$2K	$2.9M	10x	as long as short
HTX COST-USDT	0.0000%	8h	901.12	+1.025%	$10K	$42K	10x	as long as short
QFEX COST-USDshort	+0.0005%	1h	899.32	+0.823%	$1.1M	$2.8M	10x
Injective COST/USDC PERPlong	+0.0033%	1h	891.98	long leg	$2K	$28K	12x

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended COST-USD	+0.0040%	1h	898.25	+0.703%	—	—	10x	as long as short
Vest COST-USD-PERP	+0.0046%	1h	898.83	+0.768%	—	—	25x	as long as short
tradeXYZ xyz:COST	+0.0050%	1h	899.03	+0.790%	$1.8M	$515K	20x	as long as short
Binance COSTUSDT	+0.0076%	8h	899.62	+0.857%	$1.1M	$925K	20x	as long as short
KuCoin COSTUSDTM	+0.0100%	8h	898.70	+0.753%	$48K	$877K	20x	as long as short