Funding you earn now, next payment 23:00 UTC−0.0229%/8h= −25.1% APRpaid last 24h +0.022%
Price spread now: BingX against Injective+0.275%7-day average +2.040% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.116%+$12 on $10k
+Price spread, last 3 days (all we have)+3.123%+$312 · spread now +0.275%, 7d avg +2.040%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and BingX is 1.765% cheaper against Injective than usual: you would sell low and buy high (−$177 if the spread goes back to its 7-day average of +2.040%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.116%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.116% in total (about 6.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective KAS/USDC PERP | 0.04361 | 0.0329 | pay 0.0041% / 1h | 50m 29s | $45 | $154K | 5.5x |
| Short | BingX KAS-USDT | 0.04373 | 0.0100 | get 0.0050% / 4h | 1h 50m | — | $69.3M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- −$48.09
- Price spread: +0.275% → +2.040%
- −$176.51
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$234.62
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; BingX: live order book, 4 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 BingX live order book, 4 min ago | 5.72 bp | 20.1 bp −$20 | 50.0 bp −$500 | 298.7 bp −$29.9K | 449.5 bp −$224.8K |
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.
KAS on 15 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) KAS/USD | L +0.0010% / S −0.0017% | 1h | 0.04371 | +0.238% | $11K | — | 150x | as long as short |
| Kraken Futures PF_KASUSD | +0.0089% | 1h | 0.04376 | +0.339% | $293K | $439K | 20x | as long as short |
| Aster KASUSDT | +0.0100% | 4h | 0.04373 | +0.268% | $256K | $199K | 20x | as long as short |
| Binance KASUSDT | +0.0100% | 4h | 0.04374 | +0.298% | $4.1M | $11.2M | 75x | as long as short |
| Bybit KASUSDT | +0.0100% | 4h | 0.04370 | +0.206% | $10.8M | $7.2M | 50x | as long as short |
| Gate KAS_USDT | +0.0100% | 8h | 0.04370 | +0.206% | $2.2M | $1.6M | 75x | as long as short |
| MEXC KAS_USDT | +0.0100% | 4h | 0.04377 | +0.367% | $28.1M | $4.4M | 200x | as long as short |
| KuCoin KASUSDTM | +0.0100% | 4h | 0.04375 | +0.321% | $4.2M | $6.8M | 50x | as long as short |
| Bitget KASUSDT | +0.0100% | 4h | 0.04371 | +0.229% | $12.0M | $3.0M | 50x | as long as short |
| BingX KAS-USDTshort | +0.0100% | 4h | 0.04373 | +0.275% | — | $69.3M | — |
Show all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni KAS | +0.0100% | 4h | 0.04378 | +0.381% | $26K | $21K | — | as long as short |
| GMX KAS/USD [WBTC.b-USDC] | L +0.0126% / S −0.0713% | 1h | 0.04371 | +0.222% | $11K | — | 100x | as long as short |
| Injective KAS/USDC PERPlong | +0.0329% | 1h | 0.04361 | long leg | $45 | $154K | 5.5x | |
| BloFin KAS-USDT | +0.0340% | 4h | 0.04373 | +0.275% | $381K | $203K | 75x | as long as short |
| Hyperliquid KAS | +0.0484% | 1h | 0.04379 | +0.417% | $2.9M | $932K | 3x | as long as short |
Injective KAS/USDC PERP
BingX KAS-USDT
gTrade (Gains Network) KAS/USD
Kraken Futures PF_KASUSD
Aster KASUSDT
Binance KASUSDT
Bybit KASUSDT
Gate KAS_USDT
MEXC KAS_USDT
KuCoin KASUSDTM
Bitget KASUSDT
Variational Omni KAS
GMX KAS/USD [WBTC.b-USDC]
BloFin KAS-USDT
Hyperliquid KAS