Funding you earn now, next payment 01:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: KuCoin against Injective+6.437%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+0.268%+$27 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 6.437% dearer against Injective than usual: you sell high and buy low: +$644 more if the spread goes back to zero (this spread has no 7-day history yet). 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 | Injective YFI/USDC PERP | 2,190.5 | 0.0033 | pay 0.0004% / 1h | 6m 22s | $2K | $28K | 5.5x |
| Short | KuCoin YFIUSDTM | 2,331.5 | 0.0100 | get 0.0100% / 8h | 7h 06m | $387K | $88K | 30x |
Injective YFI/USDC PERP
KuCoin YFIUSDTMFunding 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
- $14
- Price spread: +6.437% → 0.000%
- $643.69
- 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
- $645.67
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 45 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, 45 min ago | 6.46 bp | 58.4 bp −$58 | 496.2 bp −$4,962 | 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.
YFI on 12 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_YFIUSD | −0.0963% | 1h | 2,336.6 | +6.671% | $48K | $7K | 10x | as long as short |
| Injective YFI/USDC PERPlong | +0.0033% | 1h | 2,190.5 | long leg | $2K | $28K | 5.5x | |
| BloFin YFI-USDT | +0.0071% | 8h | 2,335 | +6.597% | $119K | $23K | 75x | as long as short |
| Aster YFIUSDT | +0.0100% | 8h | 2,331.1 | +6.416% | $3K | $2K | 5x | as long as short |
| Binance YFIUSDT | +0.0100% | 8h | 2,333.4 | +6.524% | $2.3M | $3.0M | 75x | as long as short |
| Bybit YFIUSDT | +0.0100% | 8h | 2,333 | +6.505% | $1.0M | $250K | 25x | as long as short |
| OKX YFI-USDT-SWAP | +0.0100% | 8h | 2,331 | +6.414% | $623K | $825K | 20x | as long as short |
| MEXC YFI_USDT | +0.0100% | 8h | 2,333 | +6.505% | $890K | $276K | 75x | as long as short |
| KuCoin YFIUSDTMshort | +0.0100% | 8h | 2,331.5 | +6.437% | $387K | $88K | 30x | |
| BingX YFI-USDT | +0.0100% | 8h | 2,334 | +6.551% | — | $11.8M | — | as long as short |
Kraken Futures PF_YFIUSD
BloFin YFI-USDT
Aster YFIUSDT
Binance YFIUSDT
Bybit YFIUSDT
OKX YFI-USDT-SWAP
MEXC YFI_USDT
BingX YFI-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni YFI | +0.0100% | 8h | 2,331.6 | +6.442% | $9K | $1K | — | as long as short |
| Gate YFI_USDT | +0.0202% | 8h | 2,339.3 | +6.793% | $315K | $151K | 50x | as long as short |
Variational Omni YFI
Gate YFI_USDT