Funding you earn now, next payment 04:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: KuCoin against Injective+5.008%70s7-day average — · you sell dearer than you buy
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
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 5.008% dearer against Injective than usual: you sell high and buy low: +$501 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective A/USDC PERP | 0.08945 | 0.0033 | pay 0.0004% / 1h | 0m 13s | $1K | $5 | 5.5x |
| Short | KuCoin AUSDTM | 0.09393 | 0.0100 | get 0.0050% / 4h | 0m 13s | $688K | $46K | 75x |
Injective A/USDC PERP
KuCoin AUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Injective. 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
- $14
- Price spread: +5.008% → 0.000%
- $500.84
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $502.82
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 14 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 KuCoin live order book, 14 min ago | 17.09 bp | 277.1 bp −$277 | doesn't fit | 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.
A on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective A/USDC PERPlong | +0.0033% | 1h | 0.08945 | long leg | $1K | $5 | 5.5x | |
| BloFin A-USDT | +0.0089% | 4h | 0.09353 | +4.561% | $150K | $7K | 75x | as long as short |
| Binance AUSDT | +0.0100% | 4h | 0.09401 | +5.101% | $2.9M | $3.0M | 75x | as long as short |
| Bybit AUSDT | +0.0100% | 4h | 0.09387 | +4.941% | $3.3M | $957K | 50x | as long as short |
| OKX A-USDT-SWAP | +0.0100% | 4h | 0.09398 | +5.064% | $748K | $506K | 10x | as long as short |
| Gate A_USDT | +0.0100% | 4h | 0.09387 | +4.941% | $219K | $66K | 50x | as long as short |
| MEXC A_USDT | +0.0100% | 4h | 0.09400 | +5.087% | $4.1M | $138K | 100x | as long as short |
| KuCoin AUSDTMshort | +0.0100% | 4h | 0.09393 | +5.008% | $688K | $46K | 75x | |
| Bitget AUSDT | +0.0100% | 4h | 0.09396 | +5.042% | $918K | $182K | 75x | as long as short |
| BingX A-USDT | +0.0100% | 4h | 0.09391 | +4.986% | — | $6.5M | — | as long as short |
BloFin A-USDT
Binance AUSDT
Bybit AUSDT
OKX A-USDT-SWAP
Gate A_USDT
MEXC A_USDT
Bitget AUSDT
BingX A-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni A | +0.0100% | 4h | 0.09376 | +4.817% | $1K | $1 | — | as long as short |
Variational Omni A