Funding you earn now, next payment 09:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: KuCoin against Injective+1.148%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 1.148% dearer against Injective than usual: you sell high and buy low: +$115 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective BABA/USDC PERP | 115.84 | 0.0033 | pay 0.0004% / 1h | 34m 34s | $11K | $26K | 12x |
| Short | KuCoin BABAUSDTM | 117.17 | 0.0100 | get 0.0100% / 8h | 7h 34m | $613K | $410K | 20x |
Injective BABA/USDC PERP
KuCoin BABAUSDTMFunding 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: +1.148% → 0.000%
- $114.81
- 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
- $116.79
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 60 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, 60 min ago | 18.41 bp | 31.0 bp −$31 | 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.
BABA on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BABAUSDT | 0.0000% | 8h | 117.12 | +1.107% | $68K | $41K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 117.28 | +1.243% | $2.1M | $727K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 117.31 | +1.269% | $1.5M | $1.9M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 117.26 | +1.226% | $2.3M | $1.9M | 20x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 117.30 | +1.260% | $949 | $2.8M | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 117.37 | +1.321% | $374K | $71K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 117.27 | +1.234% | $436K | $494K | 10x | as long as short |
| Injective BABA/USDC PERPlong | +0.0033% | 1h | 115.84 | long leg | $11K | $26K | 12x | |
| Arcus BABA-USD | +0.0040% | 1h | 117.20 | +1.174% | $70K | $140K | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 117.23 | +1.200% | — | $19K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
SunX BABA-USDT
Lighter BABA
Lighter RH BABA
Arcus BABA-USD
Vest BABA-USD-PERPShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps BABA-USD | +0.0050% | 1h | 117.12 | +1.105% | $8K | $281K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 117.28 | +1.243% | $232K | $421K | 10x | as long as short |
| QFEX BABA-USD | +0.0080% | 1h | 117.27 | +1.234% | $1.2M | $2.9M | 10x | as long as short |
| KuCoin BABAUSDTMshort | +0.0100% | 8h | 117.17 | +1.148% | $613K | $410K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 117.30 | +1.260% | $2K | $798 | 10x | as long as short |
| HTX BABA-USDT | +0.0127% | 8h | 117.37 | +1.321% | $30K | $19K | 20x | as long as short |
| tradeXYZ xyz:BABA | +0.0129% | 1h | 117.22 | +1.191% | $12.0M | $4.6M | 10x | as long as short |
| Variational Omni BABA | +0.0146% | 8h | 117.30 | +1.261% | $337K | $722K | — | as long as short |
| Extended BABA_24_5-USD | +0.0200% | 1h | 117.29 | +1.253% | $47K | $312K | 10x | as long as short |
| Binance BABAUSDT | +0.0204% | 8h | 117.29 | +1.252% | $15.3M | $31.3M | 20x | as long as short |
| Phoenix BABA | +0.0273% | 1h | 117.23 | +1.200% | $66K | $89K | 10x | as long as short |
| GRVT BABA_USDT_Perp | +0.0553% | 8h | 117.32 | +1.278% | $3K | $183K | 10x | as long as short |
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
Orderly PERP_BABA_USDC_mythos
HTX BABA-USDT
tradeXYZ xyz:BABA
Variational Omni BABA
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
GRVT BABA_USDT_Perp