Funding you earn now, next payment 03:00 UTC−0.4900%/8h= −536.5% APRpaid last 24h −0.476%
Price spread now: KuCoin against Injective−5.731%55s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.513%−$51 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$147 a day on $10k at the current rate, and KuCoin is 5.731% cheaper against Injective than usual: you would sell low and buy high (−$573 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.513% in total (about -26.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective CELO/USDC PERP | 0.1012 | 0.5000 | pay 0.0625% / 1h | 14m 32s | $763 | $732 | 5.5x |
| Short | KuCoin CELOUSDTM | 0.09540 | 0.0100 | get 0.0100% / 8h | 5h 14m | $330K | $273K | 50x |
Injective CELO/USDC PERP
KuCoin CELOUSDTMFunding 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
- −$1,029
- Price spread: −5.731% → 0.000%
- −$573.12
- 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
- −$1,614.14
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; KuCoin: 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 KuCoin live order book, 7 min ago | 10.46 bp | 243.0 bp −$243 | 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.
CELO on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_CELOUSD | −0.1081% | 1h | 0.09558 | −5.551% | $19K | $8K | 10x | as long as short |
| Variational Omni CELO | +0.0019% | 8h | 0.09555 | −5.587% | $10K | $462 | — | as long as short |
| BloFin CELO-USDT | +0.0084% | 8h | 0.09545 | −5.682% | $101K | $20K | 75x | as long as short |
| Hyperliquid CELO | +0.0100% | 1h | 0.09541 | −5.724% | $207K | $219K | 3x | as long as short |
| Binance CELOUSDT | +0.0100% | 8h | 0.09550 | −5.632% | $2.0M | $4.0M | 50x | as long as short |
| Bybit CELOUSDT | +0.0100% | 8h | 0.09538 | −5.751% | $1.3M | $891K | 50x | as long as short |
| OKX CELO-USDT-SWAP | +0.0100% | 8h | 0.09539 | −5.741% | $493K | $951K | 20x | as long as short |
| Gate CELO_USDT | +0.0100% | 8h | 0.09550 | −5.632% | $136K | $80K | 50x | as long as short |
| MEXC CELO_USDT | +0.0100% | 8h | 0.09535 | −5.781% | $600K | $272K | 50x | as long as short |
| KuCoin CELOUSDTMshort | +0.0100% | 8h | 0.09540 | −5.731% | $330K | $273K | 50x |
Kraken Futures PF_CELOUSD
Variational Omni CELO
BloFin CELO-USDT
Hyperliquid CELO
Binance CELOUSDT
Bybit CELOUSDT
OKX CELO-USDT-SWAP
Gate CELO_USDT
MEXC CELO_USDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CELOUSDT | +0.0100% | 8h | 0.09561 | −5.524% | $868K | $456K | 50x | as long as short |
| BingX CELO-USDT | +0.0100% | 8h | 0.09549 | −5.642% | — | $2.4M | — | as long as short |
| Injective CELO/USDC PERPlong | +0.5000% | 1h | 0.1012 | long leg | $763 | $732 | 5.5x |
Bitget CELOUSDT
BingX CELO-USDT