Funding you earn now, next payment 22:00 UTC−0.0157%/8h= −17.2% APRpaid last 24h −0.143%
Price spread now: Injective against KuCoin+0.465%55s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.829%+$83 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Injective is 0.465% dearer against KuCoin than usual: you sell high and buy low (spread +0.465% now, against zero (this spread has no 7-day history yet)): +$46 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 9.9 days. Mind the row above: over the last 7 days funding on this pair paid +0.829%, so the current rate has only just turned against you. The two prices were read 55 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 | KuCoin KAITOUSDTM | 0.3442 | 0.0100 | pay 0.0050% / 4h | 2h 06m | $1.4M | $166K | 30x |
| Short | Injective KAITO/USDC PERP | 0.3458 | −0.0057 | pay 0.0007% / 1h | 6m 27s | $7K | $52K | 12x |
KuCoin KAITOUSDTM
Injective KAITO/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
- −$32.97
- Price spread: +0.465% → 0.000%
- $46.48
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $1.49
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 9 min ago; Injective: no order-book sample. 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 KuCoin live order book, 9 min ago | 8.70 bp | 34.8 bp −$35 | 988.3 bp −$9,883 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
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.
KAITO on 27 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_KAITOUSD | −0.0257% | 1h | 0.3444 | +0.055% | $235K | $159K | 10x | as long as short |
| Injective KAITO/USDC PERPshort | −0.0057% | 1h | 0.3458 | +0.465% | $7K | $52K | 12x | |
| Reya KAITORUSDPERP | 0.0000% | 1h | 0.3370 | −2.084% | — | — | — | as long as short |
| Aster KAITOUSDT | +0.0100% | 4h | 0.3439 | −0.078% | $115K | $34K | 10x | as long as short |
| Pacifica KAITO | +0.0100% | 1h | 0.3439 | −0.091% | $17K | $12K | 5x | as long as short |
| Binance KAITOUSDT | +0.0100% | 4h | 0.3439 | −0.094% | $10.4M | $15.7M | 75x | as long as short |
| Bybit KAITOUSDT | +0.0100% | 4h | 0.3441 | −0.029% | $4.3M | $6.6M | 75x | as long as short |
| OKX KAITO-USDT-SWAP | +0.0100% | 4h | 0.3436 | −0.174% | $4.1M | $9.9M | 50x | as long as short |
| Gate KAITO_USDT | +0.0100% | 4h | 0.3442 | 0.000% | $669K | $1.7M | 75x | as long as short |
| MEXC KAITO_USDT | +0.0100% | 4h | 0.3439 | −0.087% | $3.3M | $1.1M | 50x | as long as short |
Kraken Futures PF_KAITOUSD
Reya KAITORUSDPERP
Aster KAITOUSDT
Pacifica KAITO
Binance KAITOUSDT
Bybit KAITOUSDT
OKX KAITO-USDT-SWAP
Gate KAITO_USDT
MEXC KAITO_USDTShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin KAITOUSDTMlong | +0.0100% | 4h | 0.3442 | long leg | $1.4M | $166K | 30x | |
| Bitget KAITOUSDT | +0.0100% | 4h | 0.3442 | 0.000% | $4.2M | $2.9M | 75x | as long as short |
| BingX KAITO-USDC | +0.0100% | 4h | 0.3440 | −0.058% | — | $6.5M | — | as long as short |
| Backpack KAITO_USDC_PERP | +0.0100% | 1h | 0.3440 | −0.064% | $18K | $168K | 10x | as long as short |
| Variational Omni KAITO | +0.0100% | 4h | 0.3447 | +0.157% | $43K | $236K | — | as long as short |
| GRVT KAITO_USDT_Perp | +0.0100% | 4h | 0.3447 | +0.146% | $230K | $3.2M | 10x | as long as short |
| ApeX Omni KAITOUSDT | +0.0100% | 1h | 0.3446 | +0.116% | $29K | $256K | 50x | as long as short |
| Polymarket Perps KAITO-USD | +0.0100% | 1h | 0.3441 | −0.038% | $11K | $4.0M | 5x | as long as short |
| Orderly PERP_KAITO_USDC_mythos | +0.0100% | 4h | 0.3439 | −0.081% | $3K | $2K | 10x | as long as short |
| Paradex KAITO-USD-PERP | +0.0102% | 8h | 0.3439 | −0.078% | $4K | $604 | 10x | as long as short |
| Extended KAITO-USD | +0.0104% | 1h | 0.3438 | −0.121% | $62K | $41K | 10x | as long as short |
| Aevo KAITO-PERP | +0.0104% | 1h | 0.3442 | −0.006% | $239K | $1K | 3x | as long as short |
| edgeX KAITOUSDC | +0.0119% | 4h | 0.3444 | +0.052% | $17K | $320K | 5x | as long as short |
| BloFin KAITO-USDT | +0.0122% | 4h | 0.3440 | −0.058% | $537K | $59K | 75x | as long as short |
| 01 Exchange KAITOUSD | +0.0200% | 1h | 0.3439 | −0.099% | $6K | $2K | 3x | as long as short |
| Hyperliquid KAITO | +0.0661% | 1h | 0.3445 | +0.087% | $2.0M | $744K | 5x | as long as short |
| Lighter KAITO | +0.1160% | 1h | 0.3452 | +0.296% | $82K | $82K | 5x | as long as short |
Bitget KAITOUSDT
BingX KAITO-USDC
Backpack KAITO_USDC_PERP
Variational Omni KAITO
GRVT KAITO_USDT_Perp
ApeX Omni KAITOUSDT
Polymarket Perps KAITO-USD
Orderly PERP_KAITO_USDC_mythos
Paradex KAITO-USD-PERP
Extended KAITO-USD
Aevo KAITO-PERP
edgeX KAITOUSDC
BloFin KAITO-USDT
01 Exchange KAITOUSD
Hyperliquid KAITO
Lighter KAITO