Funding you earn now, next payment 08:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.036%
Price spread now: KuCoin against Injective+15.479%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 15.479% dearer against Injective than usual: you sell high and buy low: +$1,548 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 IBM/USDC PERP | 201.05 | 0.0033 | pay 0.0004% / 1h | 12m 58s | — | $57 | 12x |
| Short | KuCoin IBMUSDTM | 232.17 | 0.0100 | get 0.0100% / 8h | 12m 58s | $194K | $55K | 20x |
Injective IBM/USDC PERP
KuCoin IBMUSDTMFunding 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: +15.479% → 0.000%
- $1,547.87
- 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
- $1,549.85
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 18 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, 18 min ago | 5.39 bp | 1078.5 bp −$1,079 | 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.
IBM on 18 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 IBMUSDT | 0.0000% | 8h | 232.13 | +15.459% | $13K | $127K | 20x | as long as short |
| Extended IBM-USD | 0.0000% | 1h | 232.19 | +15.490% | $53K | $311K | 10x | as long as short |
| Binance IBMUSDT | 0.0000% | 8h | 232.25 | +15.519% | $3.8M | $5.6M | 20x | as long as short |
| Bybit IBMUSDT | 0.0000% | 8h | 232.05 | +15.419% | $1.0M | $350K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 232.22 | +15.504% | $1.4M | $1.2M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 232.22 | +15.504% | $743K | $1.5M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 232.21 | +15.499% | $780K | $348K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 232.17 | +15.477% | $257K | $13K | — | as long as short |
| GRVT IBM_USDT_Perp | 0.0000% | 8h | 232.18 | +15.484% | $539 | $167K | 10x | as long as short |
| SunX IBM-USDT | 0.0000% | 8h | 232.10 | +15.444% | $884 | $472K | 10x | as long as short |
Aster IBMUSDT
Extended IBM-USD
Binance IBMUSDT
Bybit IBMUSDT
OKX IBM-USDT-SWAP
Gate IBM_USDT
Bitget IBMUSDT
Variational Omni IBM
GRVT IBM_USDT_Perp
SunX IBM-USDTShow all 18 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX IBM-USDT | 0.0000% | 8h | 232.57 | +15.678% | $6K | $33K | 20x | as long as short |
| BloFin IBM-USDT | +0.0016% | 8h | 232.26 | +15.524% | $47K | $59K | 20x | as long as short |
| Lighter IBM | +0.0032% | 1h | 232.32 | +15.553% | $38K | $49K | 10x | as long as short |
| Injective IBM/USDC PERPlong | +0.0033% | 1h | 201.05 | long leg | — | $57 | 12x | |
| QFEX IBM-USD | +0.0043% | 1h | 232.13 | +15.459% | $1.2M | $2.1M | 10x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 232.02 | +15.404% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 231.96 | +15.374% | $1.8M | $797K | 10x | as long as short |
| KuCoin IBMUSDTMshort | +0.0100% | 8h | 232.17 | +15.479% | $194K | $55K | 20x |
HTX IBM-USDT
BloFin IBM-USDT
Lighter IBM
QFEX IBM-USD
Vest IBM-USD-PERP
tradeXYZ xyz:IBM