Settings8H · net · $10k
Funding arb · Price arb /

COIN

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0540%/8h= −59.1% APRpaid last 24h −0.164%
Price spread now: Injective against KuCoin−0.277%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.988%−$99 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Injective is 0.277% cheaper against KuCoin than usual: you would sell low and buy high (−$28 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin COINUSDTM201.960.0100pay 0.0100% / 8h17m 25s$1.0M$138K20x
ShortInjective COIN/USDC PERP201.40−0.0440pay 0.0055% / 1h17m 25s$44K$49K30x

Funding 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$113.4
Price spread: −0.277% → 0.000%
−$27.73
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
−$153.15
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 2 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 2 min ago8.91 bp72.6 bp −$73doesn't fitdoesn't fitdoesn'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.

COIN on 26 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective COIN/USDC PERPshort−0.0440%1h201.40−0.277%$44K$49K30x
Aster COINUSDT0.0000%8h201.92−0.018%$370K$839K20xas long as short
Extended COIN_24_5-USD0.0000%1h201.84−0.058%$119K$446K10xas long as short
Binance COINUSDT0.0000%8h201.88−0.040%$15.6M$76.6M20xas long as short
Bybit COINUSDT0.0000%8h201.93−0.015%$5.0M$5.9M50xas long as short
OKX COIN-USDT-SWAP0.0000%8h201.86−0.050%$3.3M$4.7M20xas long as short
Gate COIN_USDT0.0000%8h201.89−0.035%$1.3M$7.0M50xas long as short
Variational Omni COIN0.0000%8h201.89−0.033%$840K$1.1Mas long as short
GRVT COIN_USDT_Perp0.0000%8h202.03+0.035%$12K$2.0M10xas long as short
Bitget COINUSDT+0.0001%8h201.95−0.005%$6.9M$10.1M20xas long as short
Show all 26 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX COIN-USD+0.0032%1h201.84−0.059%$1.4M$4.0M10xas long as short
Lighter RH COIN+0.0032%1h201.85−0.054%$435K$1.8M10xas long as short
Arcus COIN-USD+0.0040%1h202.07+0.054%$16K$55K5xas long as short
Vest COIN-USD-PERP+0.0046%1h201.83−0.064%$513K25xas long as short
Polymarket Perps COIN-USD+0.0050%1h201.83−0.064%$129K$1.2M10xas long as short
SoDEX COIN-USD+0.0050%1h201.91−0.025%$85$3K10xas long as short
Ondo Perps COIN-USD.P+0.0050%1h201.81−0.074%$361K$3.3M10xas long as short
Lighter COIN+0.0080%1h201.90−0.031%$377K$2.0M10xas long as short
KuCoin COINUSDTMlong+0.0100%8h201.96long leg$1.0M$138K20x
ApeX Omni COINUSDT+0.0100%1h201.89−0.035%$91K$310K50xas long as short
Orderly PERP_COIN_USDC_mythos+0.0100%8h201.86−0.050%$584$4K10xas long as short
Aevo COIN-PERP+0.0104%1h201.88−0.040%$11910xas long as short
BloFin COIN-USDT+0.0120%8h202.01+0.025%$200K$342K20xas long as short
tradeXYZ xyz:COIN+0.0141%1h201.84−0.059%$16.6M$13.2M10xas long as short
Phoenix COIN+0.0238%1h201.85−0.054%$5K$279K10xas long as short
edgeX COINUSDC+0.0427%4h201.94−0.011%$52K$294K10xas long as short