Funding you earn now, next payment 02:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.012%
Price spread now: Injective against QFEX+1.459%7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Injective is 1.459% dearer against QFEX than usual: you sell high and buy low: +$146 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX NOW-USD | 137.79 | 0 | get 0.0000% / 1h | 17m 17s | $1.1M | $1.9M | 10x |
| Short | Injective NOW/USDC PERP | 139.80 | 0.0033 | get 0.0004% / 1h | 17m 17s | $3K | $101 | 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
- $7
- Price spread: +1.459% → 0.000%
- $145.87
- 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
- $142.85
- Costs to cover
- 0.100%
- Break-even
- from the start
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 | 2.18 bp | 7.3 bp −$7 | 14.5 bp −$145 | 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.
NOW 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 NOWUSDT | 0.0000% | 8h | 138.67 | +0.637% | $41K | $995 | 20x | as long as short |
| OKX NOW-USDT-SWAP | 0.0000% | 8h | 137.94 | +0.109% | $488K | $227K | 20x | as long as short |
| QFEX NOW-USDlong | 0.0000% | 1h | 137.79 | long leg | $1.1M | $1.9M | 10x | |
| Gate NOW_USDT | 0.0000% | 8h | 137.97 | +0.131% | $245K | $371K | 20x | as long as short |
| Bitget NOWUSDT | 0.0000% | 8h | 137.96 | +0.123% | $781K | $234K | 20x | as long as short |
| SunX NOW-USDT | 0.0000% | 8h | 138.05 | +0.189% | $947 | $401K | 10x | as long as short |
| HTX NOW-USDT | 0.0000% | 8h | 137.88 | +0.065% | $5K | $29K | 20x | as long as short |
| Lighter NOW | +0.0032% | 1h | 137.90 | +0.080% | $5K | $178 | 5x | as long as short |
| Injective NOW/USDC PERPshort | +0.0033% | 1h | 139.80 | +1.459% | $3K | $101 | 12x | |
| Vest NOW-USD-PERP | +0.0046% | 1h | 137.77 | −0.015% | — | — | 25x | as long as short |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NOWUSDTM | +0.0100% | 8h | 137.82 | +0.022% | $316K | $657K | 20x | as long as short |
| Binance NOWUSDT | +0.0136% | 8h | 138.04 | +0.183% | $1.8M | $1.5M | 20x | as long as short |
| Bybit NOWUSDT | +0.0148% | 8h | 137.99 | +0.145% | $1.6M | $5.1M | 25x | as long as short |
| tradeXYZ xyz:NOW | +0.0320% | 1h | 137.82 | +0.022% | $2.1M | $229K | 10x | as long as short |
| GRVT NOW_USDT_Perp | +0.0543% | 8h | 137.96 | +0.124% | $305 | $152K | 10x | as long as short |
Injective NOW/USDC PERP
Aster NOWUSDT
OKX NOW-USDT-SWAP
Gate NOW_USDT
Bitget NOWUSDT
SunX NOW-USDT
HTX NOW-USDT
Lighter NOW
KuCoin NOWUSDTM
Binance NOWUSDT
Bybit NOWUSDT
tradeXYZ xyz:NOW
GRVT NOW_USDT_Perp