Funding you earn now, next payment 01:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.010%
Price spread now: Injective against QFEX−0.690%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
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 0.690% cheaper against QFEX than usual: you would sell low and buy high (spread −0.690% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$69 on $10k: about 2 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 NKE-USD | 36.210 | 0 | get 0.0000% / 1h | 58m 16s | $1.1M | $984K | 10x |
| Short | Injective NKE/USDC PERP | 35.960 | 0.0033 | get 0.0004% / 1h | 58m 16s | $975 | $11K | 12x |
QFEX NKE-USD
Injective NKE/USDC PERPFunding 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
- $7
- Price spread: −0.690% → 0.000%
- −$69.04
- 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
- −$72.06
- Costs to cover
- 0.100%
- Break-even
- 79.1 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 | 2.76 bp | 11.4 bp −$11 | 21.5 bp −$215 | 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.
NKE on 5 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 NKE-USDlong | 0.0000% | 1h | 36.210 | long leg | $1.1M | $984K | 10x | |
| Gate NKE_USDT | 0.0000% | 8h | 36.200 | −0.028% | $238K | $19K | 20x | as long as short |
| HTX NKE-USDT | 0.0000% | 8h | 36.260 | +0.138% | $5K | $308K | 20x | as long as short |
| Injective NKE/USDC PERPshort | +0.0033% | 1h | 35.960 | −0.690% | $975 | $11K | 12x | |
| Bitget NKEUSDT | +0.0478% | 8h | 36.261 | +0.141% | $3.2M | $1.5M | 20x | as long as short |
Gate NKE_USDT
HTX NKE-USDT
Bitget NKEUSDT