Funding you earn now, next payment 06:00 UTC+0.0929%/8h= +101.7% APRpaid last 24h +0.353%
Price spread now: Injective against KuCoin+0.304%7-day average +0.236% · you sell dearer than you buy
Net, funding: paid 7d − costs+$94as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$830.830% of the position
Funding, last 7 days+1.769%+$177 on $10k
+Price spread, last 4 days (all we have)+0.118%+$12 · spread now +0.304%, 7d avg +0.236%
=Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Injective is 0.068% dearer against KuCoin than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.236%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin INJUSDTM | 7.5710 | 0.0100 | pay 0.0100% / 8h | 2h 53m | $9.5M | $17.8M | 50x |
| Short | Injective INJ/USDC PERP | 7.5940 | 0.1029 | get 0.0129% / 1h | 53m 18s | $317K | $12.1M | 30x |
KuCoin INJUSDTM
Injective INJ/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against KuCoin. 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
- $195.04
- Price spread: +0.304% → +0.236%
- $6.77
- Slippage, 4 orders
- −$70.99
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $118.8
- Costs to cover
- 0.830%
- Break-even
- 2.7 days
Slippage from KuCoin: live order book, 10 min ago; Injective: live order book, 1 min ago.
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 KuCoin live order book, 10 min ago | 3.30 bp | 19.6 bp −$20 | 49.9 bp −$499 | 329.8 bp −$33.0K | doesn't fit |
| Sell Injective live order book, 1 min ago | 18.47 bp | 18.5 bp −$18 | 38.2 bp −$382 | doesn't fit | doesn't fit |
INJ on 24 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_INJUSD | −0.0213% | 1h | 7.5768 | +0.076% | $769K | $3.5M | 50x | as long as short |
| Reya INJRUSDPERP | −0.0200% | 1h | 7.5670 | −0.053% | — | — | 20x | as long as short |
| dYdX INJ-USD | 0.0000% | 1h | 7.5663 | −0.062% | $78K | $17K | 5x | as long as short |
| Deribit INJ_USDC-PERPETUAL | 0.0000% | 1h | 7.5775 | +0.086% | $6K | $24K | 25x | as long as short |
| gTrade (Gains Network) INJ/USD | L +0.0007% / S −0.0027% | 1h | 7.5701 | −0.012% | $16K | — | 150x | as long as short |
| Aevo INJ-PERP | +0.0096% | 1h | 7.5761 | +0.067% | $68K | — | 3x | as long as short |
| Orderly PERP_INJ_USDC | +0.0100% | 8h | 7.5750 | +0.053% | $34K | $94K | 10x | as long as short |
| Hyperliquid INJ | +0.0100% | 1h | 7.5764 | +0.071% | $25.5M | $8.7M | 5x | as long as short |
| Aster INJUSDT | +0.0100% | 8h | 7.5735 | +0.033% | $138K | $418K | 20x | as long as short |
| Binance INJUSDT | +0.0100% | 8h | 7.5757 | +0.062% | $33.1M | $96.9M | 75x | as long as short |
Kraken Futures PF_INJUSD
Reya INJRUSDPERP
dYdX INJ-USD
Deribit INJ_USDC-PERPETUAL
gTrade (Gains Network) INJ/USD
Aevo INJ-PERP
Orderly PERP_INJ_USDC
Hyperliquid INJ
Aster INJUSDT
Binance INJUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit INJUSDT | +0.0100% | 8h | 7.5703 | −0.009% | $21.0M | $31.8M | 50x | as long as short |
| OKX INJ-USDT-SWAP | +0.0100% | 8h | 7.5730 | +0.026% | $6.2M | $18.6M | 50x | as long as short |
| Gate INJ_USDT | +0.0100% | 8h | 7.5680 | −0.040% | $2.6M | $5.2M | 50x | as long as short |
| KuCoin INJUSDTMlong | +0.0100% | 8h | 7.5710 | long leg | $9.5M | $17.8M | 50x | |
| Bitget INJUSDT | +0.0100% | 8h | 7.5680 | −0.040% | $13.9M | $10.2M | 75x | as long as short |
| Variational Omni INJ | +0.0100% | 8h | 7.5602 | −0.143% | $268K | $146K | — | as long as short |
| ApeX Omni INJUSDT | +0.0100% | 1h | 7.5700 | −0.013% | $45K | $270K | 50x | as long as short |
| Extended INJ-USD | +0.0104% | 1h | 7.5711 | +0.001% | $112K | $560K | 10x | as long as short |
| BloFin INJ-USDT | +0.0220% | 8h | 7.5780 | +0.092% | $1.6M | $5.8M | 75x | as long as short |
| BingX INJ-USDT | +0.0248% | 8h | 7.5640 | −0.092% | — | $20.8M | — | as long as short |
| MEXC INJ_USDT | +0.0261% | 8h | 7.5720 | +0.013% | $30.0M | $20.0M | 300x | as long as short |
| GMX INJ/USD [WBTC.b-USDC] | L +0.0267% / S −0.0198% | 1h | 7.5730 | +0.027% | $29K | — | 100x | as long as short |
| Coinbase International INJ-PERP-INTX | +0.0480% | 1h | 7.5790 | +0.106% | $365K | $620K | 50x | as long as short |
| Injective INJ/USDC PERPshort | +0.1029% | 1h | 7.5940 | +0.304% | $317K | $12.1M | 30x |
Bybit INJUSDT
OKX INJ-USDT-SWAP
Gate INJ_USDT
Bitget INJUSDT
Variational Omni INJ
ApeX Omni INJUSDT
Extended INJ-USD
BloFin INJ-USDT
BingX INJ-USDT
MEXC INJ_USDT
GMX INJ/USD [WBTC.b-USDC]
Coinbase International INJ-PERP-INTX