Funding you earn now, next payment 03:00 UTC−0.0012%/8h= −1.4% APRnext payment −$0.02 per $10,000 · paid last 24h −0.004%
Price spread now: Injective against Markets by Kinetiq−2.891%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.006%+$1 on $10k
+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 $0 a day on $10k at the current rate, and Injective is 2.891% cheaper against Markets by Kinetiq than usual: you would sell low and buy high (−$289 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 | Markets by Kinetiq mkts:USTECH | 743.38 | 0.0046 | pay 0.0006% / 1h | 26m 59s | $3.2M | $4.8M | 25x |
| Short | Injective USTECH/USDC PERP | 721.89 | 0.0033 | get 0.0004% / 1h | 26m 59s | $368 | $56K | 52x |
Markets by Kinetiq mkts:USTECH
Injective USTECH/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Markets by Kinetiq. 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
- −$2.59
- Price spread: −2.891% → 0.000%
- −$289.08
- Slippage, 4 orders
- no order book: not counted
- Fee Markets by Kinetiq: 0.81 bp × 2 orders
- −$1.62
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$293.31
- Costs to cover
- 0.016%
- Break-even
- never at this rate
Slippage unknown: Markets by Kinetiq: live order book, 9 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Markets by Kinetiq live order book, 9 min ago | 0.07 bp | 3.3 bp −$3 | doesn't fit | doesn't fit | doesn'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.
USTECH on 2 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 | |
|---|---|---|---|---|---|---|---|---|
| Injective USTECH/USDC PERPshort | +0.0033% | 1h | 721.89 | −2.891% | $368 | $56K | 52x | |
| Markets by Kinetiq mkts:USTECHlong | +0.0046% | 1h | 743.38 | long leg | $3.2M | $4.8M | 25x |