Settings8H · net · $10k
Funding arb · Price arb /

ETHFI

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Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.031%
Price spread now: KuCoin against Injective−0.925%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−1.164%−$116 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. KuCoin is 0.925% cheaper against Injective than usual: you would sell low and buy high (spread −0.925% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$93 on $10k: about 46 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −1.164%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ETHFI/USDC PERP0.72400.0033pay 0.0004% / 1h9m 19s$321$51K5.5x
ShortKuCoin ETHFIUSDTM0.71730.0100get 0.0050% / 4h1h 09m$1.2M$272K50x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$14
Price spread: −0.925% → 0.000%
−$92.54
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
−$90.56
Costs to cover
0.120%
Break-even
52.3 days
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 6 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell KuCoin live order book, 6 min ago5.59 bp47.7 bp −$48159.8 bp −$1,598doesn't fitdoesn'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.

ETHFI on 24 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit ETHFI_USDC-PERPETUAL−0.0446%1h0.7177−0.870%$42K$18K10xas long as short
HTX ETHFI-USDT−0.0270%4h0.7145−1.312%$83K$165K20xas long as short
Kraken Futures PF_ETHFIUSD−0.0252%1h0.7171−0.946%$282K$148K20xas long as short
Orderly PERP_ETHFI_USDC−0.0187%4h0.7172−0.939%$16K$1K10xas long as short
Binance ETHFIUSDT+0.0023%4h0.7172−0.938%$24.9M$37.2M75xas long as short
Paradex ETHFI-USD-PERP+0.0024%8h0.7166−1.022%$6K5xas long as short
Extended ETHFI-USD+0.0024%1h0.7165−1.042%$93K$493K10xas long as short
MEXC ETHFI_USDT+0.0024%4h0.7172−0.939%$15.1M$3.8M125xas long as short
Injective ETHFI/USDC PERPlong+0.0033%1h0.7240long leg$321$51K5.5x
Aevo ETHFI-PERP+0.0088%1h0.7170−0.964%$9K3xas long as short
Show all 24 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ETHFIUSDT+0.0094%4h0.7175−0.898%$6.1M$5.7M75xas long as short
Lighter ETHFI+0.0096%1h0.7171−0.959%$1.1M$898K5xas long as short
Hyperliquid ETHFI+0.0100%1h0.7187−0.738%$18.2M$8.9M5xas long as short
Aster ETHFIUSDT+0.0100%4h0.7173−0.930%$183K$259K10xas long as short
Bybit ETHFIUSDT+0.0100%4h0.7176−0.884%$18.2M$13.0M25xas long as short
OKX ETHFI-USDT-SWAP+0.0100%4h0.7176−0.884%$4.9M$12.5M20xas long as short
Gate ETHFI_USDT+0.0100%4h0.7176−0.884%$1.7M$2.1M75xas long as short
KuCoin ETHFIUSDTMshort+0.0100%4h0.7173−0.925%$1.2M$272K50x
BingX ETHFI-USDT+0.0100%4h0.7176−0.884%$26.1Mas long as short
Variational Omni ETHFI+0.0100%4h0.7166−1.029%$1.0M$755Kas long as short
Polymarket Perps ETHFI-USD+0.0100%1h0.7174−0.909%$59K$93K5xas long as short
SunX ETHFI-USDT+0.0100%4h0.7162−1.077%$1K$1.1M20xas long as short
BloFin ETHFI-USDT+0.0104%4h0.7158−1.133%$1.2M$292K75xas long as short
Coinbase International ETHFI-PERP-INTX+0.0304%1h0.7177−0.870%$31K$6K50xas long as short