Funding you earn now, next payment 05:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.025%
Price spread now: KuCoin against Injective−2.818%70s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−1.170%−$117 on $10k
+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 2.818% cheaper against Injective than usual: you would sell low and buy high (spread −2.818% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$282 on $10k: about 5 months of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −1.170%, so the current rate has only just turned in your favour. 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 ETHFI/USDC PERP | 0.7240 | 0.0033 | pay 0.0004% / 1h | 48m 01s | $321 | $51K | 5.5x |
| Short | KuCoin ETHFIUSDTM | 0.7036 | 0.0100 | get 0.0050% / 4h | 3h 48m | $1.2M | $229K | 50x |
Injective ETHFI/USDC PERP
KuCoin ETHFIUSDTMFunding 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: −2.818% → 0.000%
- −$281.77
- 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
- −$279.79
- Costs to cover
- 0.120%
- Break-even
- 146.9 days
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 2 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, 2 min ago | 7.83 bp | 50.0 bp −$50 | 147.0 bp −$1,470 | 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.
ETHFI on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX ETHFI-USDT | −0.0934% | 4h | 0.7018 | −3.066% | $85K | $171K | 20x | as long as short |
| Deribit ETHFI_USDC-PERPETUAL | −0.0603% | 1h | 0.7026 | −2.956% | $40K | $11K | 10x | as long as short |
| Kraken Futures PF_ETHFIUSD | −0.0305% | 1h | 0.7029 | −2.914% | $263K | $209K | 20x | as long as short |
| Orderly PERP_ETHFI_USDC | −0.0239% | 4h | 0.7032 | −2.873% | $16K | $1K | 10x | as long as short |
| Paradex ETHFI-USD-PERP | +0.0004% | 8h | 0.7038 | −2.791% | $6K | — | 5x | as long as short |
| Injective ETHFI/USDC PERPlong | +0.0033% | 1h | 0.7240 | long leg | $321 | $51K | 5.5x | |
| Variational Omni ETHFI | +0.0077% | 4h | 0.7045 | −2.697% | $983K | $703K | — | as long as short |
| MEXC ETHFI_USDT | +0.0084% | 4h | 0.7029 | −2.914% | $15.9M | $4.0M | 125x | as long as short |
| Binance ETHFIUSDT | +0.0084% | 4h | 0.7021 | −3.025% | $24.4M | $35.0M | 75x | as long as short |
| Extended ETHFI-USD | +0.0088% | 1h | 0.7019 | −3.053% | $95K | $379K | 10x | as long as short |
HTX ETHFI-USDT
Deribit ETHFI_USDC-PERPETUAL
Kraken Futures PF_ETHFIUSD
Orderly PERP_ETHFI_USDC
Paradex ETHFI-USD-PERP
Variational Omni ETHFI
MEXC ETHFI_USDT
Binance ETHFIUSDT
Extended ETHFI-USDShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter ETHFI | +0.0096% | 1h | 0.7036 | −2.820% | $1.1M | $841K | 5x | as long as short |
| Hyperliquid ETHFI | +0.0100% | 1h | 0.7026 | −2.963% | $17.5M | $8.0M | 5x | as long as short |
| Aster ETHFIUSDT | +0.0100% | 4h | 0.7033 | −2.859% | $180K | $227K | 10x | as long as short |
| Bybit ETHFIUSDT | +0.0100% | 4h | 0.7026 | −2.956% | $17.6M | $12.6M | 25x | as long as short |
| OKX ETHFI-USDT-SWAP | +0.0100% | 4h | 0.7032 | −2.873% | $5.1M | $12.3M | 20x | as long as short |
| Gate ETHFI_USDT | +0.0100% | 4h | 0.7033 | −2.859% | $1.7M | $1.9M | 75x | as long as short |
| KuCoin ETHFIUSDTMshort | +0.0100% | 4h | 0.7036 | −2.818% | $1.2M | $229K | 50x | |
| Bitget ETHFIUSDT | +0.0100% | 4h | 0.7020 | −3.039% | $6.0M | $5.2M | 75x | as long as short |
| BingX ETHFI-USDT | +0.0100% | 4h | 0.7028 | −2.928% | — | $8.8M | — | as long as short |
| Polymarket Perps ETHFI-USD | +0.0100% | 1h | 0.7054 | −2.569% | $70K | $118K | 5x | as long as short |
| SunX ETHFI-USDT | +0.0100% | 4h | 0.7043 | −2.721% | $2K | $1.1M | 20x | as long as short |
| Aevo ETHFI-PERP | +0.0104% | 1h | 0.7021 | −3.021% | $8K | — | 3x | as long as short |
| BloFin ETHFI-USDT | +0.0324% | 4h | 0.7018 | −3.066% | $1.2M | $243K | 75x | as long as short |
| Coinbase International ETHFI-PERP-INTX | +0.0544% | 1h | 0.7075 | −2.279% | $31K | $6K | 50x | as long as short |
Lighter ETHFI
Hyperliquid ETHFI
Aster ETHFIUSDT
Bybit ETHFIUSDT
OKX ETHFI-USDT-SWAP
Gate ETHFI_USDT
Bitget ETHFIUSDT
BingX ETHFI-USDT
Polymarket Perps ETHFI-USD
SunX ETHFI-USDT
Aevo ETHFI-PERP
BloFin ETHFI-USDT
Coinbase International ETHFI-PERP-INTX