Funding you earn now, next payment 08:00 UTC+0.0042%/8h= +4.6% APRpaid last 24h −0.051%
Price spread now: KuCoin against Injective+0.589%70s7-day average −1.812% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.118%−$12 on $10k
+Price spread, last 4 days (all we have)+1.964%+$196 · spread now +0.589%, 7d avg −1.812%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and KuCoin is 2.400% dearer against Injective than usual: you sell high and buy low: +$240 more if the spread goes back to its 7-day average of −1.812%. Mind the row above: over the last 7 days funding on this pair cost −0.118%, so the current rate has only just turned in your favour. 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 FIL/USDC PERP | 0.9855 | 0.0033 | pay 0.0004% / 1h | 40m 13s | $2K | $240K | 12x |
| Short | KuCoin FILUSDTM | 0.9913 | 0.0075 | get 0.0075% / 8h | 40m 13s | $7.1M | $7.9M | 50x |
Injective FIL/USDC PERP
KuCoin FILUSDTMFunding 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
- $8.75
- Price spread: +0.589% → −1.812%
- $240.04
- 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
- $236.77
- Costs to cover
- 0.120%
- Break-even
- from the start
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 | 2.52 bp | 13.7 bp −$14 | 38.0 bp −$380 | 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.
FIL on 29 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 FIL_USDC-PERPETUAL | −0.0455% | 1h | 0.9920 | +0.660% | $171K | $23K | 25x | as long as short |
| Coinbase International FIL-PERP-INTX | −0.0176% | 1h | 0.9942 | +0.883% | $349K | $2.2M | 50x | as long as short |
| gTrade (Gains Network) FIL/USD | L −0.0004% / S +0.0006% | 1h | 0.9919 | +0.654% | $25K | — | 150x | as long as short |
| dYdX FIL-USD | 0.0000% | 1h | 0.9930 | +0.761% | $58K | $1K | 10x | as long as short |
| Injective FIL/USDC PERPlong | +0.0033% | 1h | 0.9855 | long leg | $2K | $240K | 12x | |
| KuCoin FILUSDTMshort | +0.0075% | 8h | 0.9913 | +0.589% | $7.1M | $7.9M | 50x | |
| Lighter FIL | +0.0096% | 1h | 0.9912 | +0.576% | $145K | $358K | 5x | as long as short |
| OKX FIL-USDT-SWAP | +0.0099% | 8h | 0.9909 | +0.548% | $17.8M | $107.7M | 50x | as long as short |
| Hyperliquid FIL | +0.0100% | 1h | 0.9913 | +0.594% | $8.3M | $9.4M | 5x | as long as short |
| Aster FILUSDT | +0.0100% | 8h | 0.9917 | +0.634% | $505K | $581K | 20x | as long as short |
Deribit FIL_USDC-PERPETUAL
Coinbase International FIL-PERP-INTX
gTrade (Gains Network) FIL/USD
dYdX FIL-USD
Lighter FIL
OKX FIL-USDT-SWAP
Hyperliquid FIL
Aster FILUSDTShow all 29 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance FILUSDT | +0.0100% | 8h | 0.9912 | +0.576% | $55.9M | $184.1M | 75x | as long as short |
| Bybit FILUSDT | +0.0100% | 8h | 0.9908 | +0.538% | $15.5M | $20.4M | 25x | as long as short |
| Gate FIL_USDT | +0.0100% | 8h | 0.9913 | +0.589% | $8.2M | $16.6M | 50x | as long as short |
| MEXC FIL_USDC | +0.0100% | 8h | 0.9910 | +0.558% | $230K | $99K | 50x | as long as short |
| Bitget FILUSDT | +0.0100% | 8h | 0.9907 | +0.528% | $11.2M | $19.4M | 75x | as long as short |
| BingX FIL-USDT | +0.0100% | 8h | 0.9915 | +0.609% | — | $11.8M | — | as long as short |
| Variational Omni FIL | +0.0100% | 8h | 0.9925 | +0.706% | $442K | $283K | — | as long as short |
| edgeX FILUSDC | +0.0100% | 4h | 0.9923 | +0.695% | $45K | $294K | 10x | as long as short |
| GRVT FIL_USDT_Perp | +0.0100% | 8h | 0.9922 | +0.682% | $288K | $1.4M | 10x | as long as short |
| ApeX Omni FILUSDT | +0.0100% | 1h | 0.9930 | +0.761% | $27K | $184K | 50x | as long as short |
| Orderly PERP_FIL_USDC_mythos | +0.0100% | 4h | 0.9926 | +0.723% | $4K | $798 | 10x | as long as short |
| SunX FIL-USDT | +0.0100% | 8h | 0.9910 | +0.558% | $3K | $1.1M | 20x | as long as short |
| SoDEX FIL-USD | +0.0100% | 1h | 0.9912 | +0.578% | $482 | $11K | 5x | as long as short |
| HTX FIL-USDT | +0.0100% | 8h | 0.9921 | +0.670% | $613K | $5.5M | 75x | as long as short |
| Phemex FILUSDT | +0.0100% | 8h | 0.9910 | +0.558% | $1.2M | $2.6M | 50x | as long as short |
| Extended FIL-USD | +0.0104% | 1h | 0.9911 | +0.572% | $697K | $4.2M | 10x | as long as short |
| Kraken Futures PF_FILUSD | +0.0197% | 1h | 0.9919 | +0.650% | $1.4M | $2.1M | 50x | as long as short |
| BloFin FIL-USDT | +0.0220% | 8h | 0.9931 | +0.771% | $2.7M | $672K | 75x | as long as short |
| GMX FIL/USD [WBTC.b-USDC] | L +0.0601% / S −0.0280% | 1h | 0.9915 | +0.609% | $265K | — | 100x | as long as short |
Binance FILUSDT
Bybit FILUSDT
Gate FIL_USDT
MEXC FIL_USDC
Bitget FILUSDT
BingX FIL-USDT
Variational Omni FIL
edgeX FILUSDC
GRVT FIL_USDT_Perp
ApeX Omni FILUSDT
Orderly PERP_FIL_USDC_mythos
SunX FIL-USDT
SoDEX FIL-USD
HTX FIL-USDT
Phemex FILUSDT
Extended FIL-USD
Kraken Futures PF_FILUSD
BloFin FIL-USDT
GMX FIL/USD [WBTC.b-USDC]