Funding you earn now, next payment 09:00 UTC+0.0453%/8h= +49.6% APRpaid last 24h +0.101%
Price spread now: KuCoin against Injective−0.100%70s7-day average — · you buy dearer than you sell
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
Funding pays, the price is against you. KuCoin is 0.100% cheaper against Injective than usual: you would sell low and buy high (spread −0.100% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 18 hours of funding at the current rate (+$14 a day). The two prices were read 70 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 VRT/USDC PERP | 249.42 | 0.0033 | pay 0.0004% / 1h | 47m 56s | $9K | $50 | 12x |
| Short | KuCoin VRTUSDTM | 249.17 | 0.0486 | get 0.0486% / 8h | 7h 47m | $110K | $50K | 20x |
Injective VRT/USDC PERP
KuCoin VRTUSDTMFunding 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
- $95.06
- Price spread: −0.100% → 0.000%
- −$10.02
- 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
- $73.02
- Costs to cover
- 0.120%
- Break-even
- 1.6 days
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 36 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, 36 min ago | 20.44 bp | 256.5 bp −$256 | 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.
VRT on 9 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate VRT_USDT | 0.0000% | 8h | 249.40 | −0.008% | $141K | $18K | 20x | as long as short |
| Bitget VRTUSDT | 0.0000% | 8h | 249.63 | +0.084% | $510K | $176K | 20x | as long as short |
| SunX VRT-USDT | 0.0000% | 8h | 249.34 | −0.032% | $980 | $440K | 10x | as long as short |
| HTX VRT-USDT | 0.0000% | 8h | 249.42 | 0.000% | $8K | $41K | 10x | as long as short |
| Injective VRT/USDC PERPlong | +0.0033% | 1h | 249.42 | long leg | $9K | $50 | 12x | |
| OKX VRT-USDT-SWAP | +0.0165% | 8h | 249.07 | −0.140% | $256K | $170K | 20x | as long as short |
| Bybit VRTUSDT | +0.0379% | 8h | 249.43 | +0.004% | $447K | $121K | 25x | as long as short |
| KuCoin VRTUSDTMshort | +0.0486% | 8h | 249.17 | −0.100% | $110K | $50K | 20x | |
| Binance VRTUSDT | +0.0532% | 8h | 249.31 | −0.043% | $1.1M | $1.1M | 25x | as long as short |
Gate VRT_USDT
Bitget VRTUSDT
SunX VRT-USDT
HTX VRT-USDT
OKX VRT-USDT-SWAP
Bybit VRTUSDT
Binance VRTUSDT