Funding you earn now, next payment 06:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h −0.019%
Price spread now: KuCoin against Injective−1.393%100s7-day average +0.654% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.136%−$14 on $10k
+Price spread, last 4 days (all we have)+1.972%+$197 · spread now −1.393%, 7d avg +0.654%
=Funding pays, the price is against you. KuCoin is 2.047% cheaper against Injective than usual: you would sell low and buy high (spread −1.393% now, against its 7-day average of +0.654%). If the spread goes back, that is −$205 on $10k: about 3 months of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.136%, so the current rate has only just turned in your favour. The two prices were read 100 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 FET/USDC PERP | 0.2010 | 0.0033 | pay 0.0004% / 1h | 55m 36s | $3K | $166K | 12x |
| Short | KuCoin FETUSDTM | 0.1982 | 0.0100 | get 0.0100% / 8h | 2h 55m | $10.3M | $18.6M | 50x |
Injective FET/USDC PERP
KuCoin FETUSDTMFunding 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: −1.393% → +0.654%
- −$204.7
- 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
- −$202.72
- Costs to cover
- 0.120%
- Break-even
- 108.4 days
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 8 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, 8 min ago | 2.53 bp | 22.6 bp −$23 | 76.6 bp −$766 | 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.
FET on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FET_USDC-PERPETUAL | −0.3762% | 1h | 0.1986 | −1.194% | $38K | $298K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.1152% | 1h | 0.1985 | −1.244% | $148K | $257K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0004% | 1h | 0.1984 | −1.295% | $20K | — | 150x | as long as short |
| Injective FET/USDC PERPlong | +0.0033% | 1h | 0.2010 | long leg | $3K | $166K | 12x | |
| Aster FETUSDT | +0.0100% | 8h | 0.1981 | −1.442% | $190K | $809K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.1983 | −1.360% | $30.2M | $114.8M | 75x | as long as short |
| Gate FET_USDT | +0.0100% | 8h | 0.1980 | −1.493% | $2.6M | $12.6M | 50x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.1981 | −1.443% | $29.7M | $24.9M | 200x | as long as short |
| KuCoin FETUSDTMshort | +0.0100% | 8h | 0.1982 | −1.393% | $10.3M | $18.6M | 50x | |
| Variational Omni FET | +0.0100% | 8h | 0.1987 | −1.137% | $272K | $479K | — | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Aster FETUSDT
Binance FETUSDT
Gate FET_USDT
MEXC FET_USDT
Variational Omni FETShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.1986 | −1.194% | $37K | $7K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.1982 | −1.370% | $33K | $201K | 10x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0301% | 1h | 0.1984 | −1.294% | $13K | — | 100x | as long as short |
| BingX FET-USDT | +0.0205% | 8h | 0.1982 | −1.393% | — | $6.0M | — | as long as short |
| Bitget FETUSDT | +0.0214% | 8h | 0.1983 | −1.343% | $16.0M | $11.9M | 75x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.1984 | −1.294% | $1.7M | $3.2M | 100x | as long as short |
| OKX FET-USDT-SWAP | +0.0376% | 4h | 0.1984 | −1.294% | $984K | $8.1M | 20x | as long as short |
| Phoenix FET | +0.0435% | 1h | 0.1977 | −1.662% | $34K | $37K | 5x | as long as short |
| Kraken Futures PF_FETUSD | +0.0462% | 1h | 0.1987 | −1.124% | $970K | $2.2M | 50x | as long as short |
| Hyperliquid FET | +0.0940% | 1h | 0.1984 | −1.269% | $8.4M | $8.4M | 5x | as long as short |
Orderly PERP_FET_USDC
Extended FET-USD
GMX FET/USD [ETH-USDC]
BingX FET-USDT
Bitget FETUSDT
BloFin FET-USDT
OKX FET-USDT-SWAP
Phoenix FET
Kraken Futures PF_FETUSD
Hyperliquid FET