Funding you earn now, next payment 22:00 UTC−0.4794%/8h= −524.9% APRpaid last 24h +1.311%
Price spread now: KuCoin against Injective−5.690%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$144 a day on $10k at the current rate, and KuCoin is 5.690% cheaper against Injective than usual: you would sell low and buy high (−$569 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective USELESS/USDC PERP | 0.3142 | 0.5000 | pay 0.0625% / 1h | 31m 13s | $5K | $10K | 5.5x |
| Short | KuCoin USELESSUSDTM | 0.2963 | 0.0206 | get 0.0103% / 4h | 2h 31m | $5.5M | $9.6M | 12x |
Injective USELESS/USDC PERP
KuCoin USELESSUSDTMFunding 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
- −$1,006.74
- Price spread: −5.690% → 0.000%
- −$569.03
- 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
- −$1,587.79
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 2 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, 2 min ago | 7.76 bp | 37.7 bp −$38 | doesn't fit | 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.
USELESS 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter USELESS | +0.0096% | 1h | 0.2965 | −5.630% | $1.4M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2964 | −5.668% | $33K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2966 | −5.608% | $10.5M | $66.3M | 10x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2963 | −5.690% | $29K | $137K | 3x | as long as short |
| SunX USELESS-USDT | +0.0100% | 4h | 0.2963 | −5.697% | — | $1.4M | 10x | as long as short |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2960 | −5.811% | $20K | $378K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2959 | −5.840% | $589K | $1.3M | 20x | as long as short |
| KuCoin USELESSUSDTMshort | +0.0206% | 4h | 0.2963 | −5.690% | $5.5M | $9.6M | 12x | |
| Aevo USELESS-PERP | +0.0240% | 1h | 0.2967 | −5.571% | $11K | — | 3x | as long as short |
| Gate USELESS_USDT | +0.0470% | 4h | 0.2962 | −5.725% | $7.4M | $7.7M | 50x | as long as short |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
Polymarket Perps USELESS-USD
SunX USELESS-USDT
HTX USELESS-USDT
Phemex USELESSUSDT
Aevo USELESS-PERP
Gate USELESS_USDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni USELESSUSDT | +0.0528% | 1h | 0.2962 | −5.735% | $42K | $699K | 25x | as long as short |
| Bitget USELESSUSDT | +0.0536% | 4h | 0.2967 | −5.592% | $5.6M | $8.7M | 20x | as long as short |
| edgeX USELESSUSDC | +0.0669% | 4h | 0.2967 | −5.590% | $22K | $190K | 10x | as long as short |
| MEXC USELESS_USDT | +0.0678% | 4h | 0.2966 | −5.614% | $10.5M | $5.8M | 50x | as long as short |
| Extended USELESS-USD | +0.0680% | 1h | 0.2965 | −5.632% | $311K | $967K | 5x | as long as short |
| Binance USELESSUSDT | +0.0681% | 4h | 0.2966 | −5.623% | $25.6M | $109.1M | 50x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1161% | 4h | 0.2965 | −5.623% | $22K | $1.4M | 10x | as long as short |
| Variational Omni USELESS | +0.1256% | 4h | 0.2936 | −6.564% | $1.2M | $1.7M | — | as long as short |
| BingX USELESS-USDT | +0.1292% | 4h | 0.2970 | −5.480% | — | $4.9M | — | as long as short |
| Bybit USELESSUSDT | +0.1395% | 4h | 0.2968 | −5.550% | $29.9M | $42.5M | 13x | as long as short |
| Aster USELESSUSDT | +0.1398% | 4h | 0.2969 | −5.518% | $685K | $2.1M | 10x | as long as short |
| Hyperliquid USELESS | +0.1579% | 1h | 0.2972 | −5.410% | $15.2M | $19.6M | 3x | as long as short |
| BloFin USELESS-USDT | +0.1775% | 4h | 0.2968 | −5.550% | $1.2M | $2.0M | 12x | as long as short |
| Injective USELESS/USDC PERPlong | +0.5000% | 1h | 0.3142 | long leg | $5K | $10K | 5.5x |
ApeX Omni USELESSUSDT
Bitget USELESSUSDT
edgeX USELESSUSDC
MEXC USELESS_USDT
Extended USELESS-USD
Binance USELESSUSDT
Orderly PERP_USELESS_USDC
Variational Omni USELESS
BingX USELESS-USDT
Bybit USELESSUSDT
Aster USELESSUSDT
Hyperliquid USELESS
BloFin USELESS-USDT