Funding you earn now, next payment 23:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.012%
Price spread now: Injective against KuCoin−1.350%55s7-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
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 1.350% cheaper against KuCoin than usual: you would sell low and buy high (−$135 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 55 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 | KuCoin ALTUSDTM | 0.007482 | 0.0100 | pay 0.0050% / 4h | 1h 44m | $149K | $21K | 30x |
| Short | Injective ALT/USDC PERP | 0.007381 | 0.0033 | get 0.0004% / 1h | 44m 27s | $815 | $4K | 5.5x |
KuCoin ALTUSDTM
Injective ALT/USDC PERPFunding 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 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: −1.350% → 0.000%
- −$134.99
- 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
- −$161.01
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 19 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 KuCoin live order book, 19 min ago | 14.07 bp | 237.9 bp −$238 | 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.
ALT on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ALT | −0.0255% | 4h | 0.007470 | −0.157% | $4K | $12K | — | as long as short |
| Bybit ALTUSDT | −0.0037% | 4h | 0.007477 | −0.067% | $1.2M | $1.6M | 25x | as long as short |
| Deribit ALT_USDC-PERPETUAL | −0.0017% | 1h | 0.007482 | 0.000% | — | $0 | 25x | as long as short |
| Injective ALT/USDC PERPshort | +0.0033% | 1h | 0.007381 | −1.350% | $815 | $4K | 5.5x | |
| BloFin ALT-USDT | +0.0095% | 4h | 0.007479 | −0.040% | $172K | $9K | 50x | as long as short |
| Hyperliquid ALT | +0.0100% | 1h | 0.007482 | 0.000% | $1.1M | $185K | 3x | as long as short |
| Binance ALTUSDT | +0.0100% | 4h | 0.007486 | +0.055% | $2.6M | $3.5M | 50x | as long as short |
| Gate ALT_USDT | +0.0100% | 8h | 0.007477 | −0.067% | $51K | $412K | 25x | as long as short |
| MEXC ALT_USDT | +0.0100% | 4h | 0.007486 | +0.053% | $389K | $188K | 50x | as long as short |
| KuCoin ALTUSDTMlong | +0.0100% | 4h | 0.007482 | long leg | $149K | $21K | 30x |
Variational Omni ALT
Bybit ALTUSDT
Deribit ALT_USDC-PERPETUAL
BloFin ALT-USDT
Hyperliquid ALT
Binance ALTUSDT
Gate ALT_USDT
MEXC ALT_USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ALTUSDT | +0.0100% | 4h | 0.007472 | −0.134% | $614K | $99K | 50x | as long as short |
| BingX ALT-USDT | +0.0100% | 4h | 0.007482 | 0.000% | — | $1.3M | — | as long as short |
| Kraken Futures PF_ALTUSD | +0.0349% | 1h | 0.007482 | +0.006% | $44K | $8K | 10x | as long as short |
| Coinbase International ALT-PERP-INTX | +0.0448% | 1h | 0.007490 | +0.107% | $14K | $3K | 50x | as long as short |
Bitget ALTUSDT
BingX ALT-USDT
Kraken Futures PF_ALTUSD
Coinbase International ALT-PERP-INTX