Funding you earn now, next payment 23:00 UTC+0.0453%/8h= +49.6% APRpaid last 24h +0.032%
Price spread now: Injective against KuCoin−0.593%7-day average −0.591% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.149%+$15 on $10k
+Price spread, last 3 days (all we have)+0.014%+$1 · spread now −0.593%, 7d avg −0.591%
=The price spread sits at its 7-day average of −0.591%, so right now this pair is about funding alone: +$14 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.149% in total (about 7.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin FETUSDTM | 0.2022 | 0.0100 | pay 0.0100% / 8h | 1h 44m | $10.4M | $19.1M | 50x |
| Short | Injective FET/USDC PERP | 0.2010 | 0.0553 | get 0.0069% / 1h | 44m 42s | $3K | $166K | 12x |
KuCoin FETUSDTM
Injective FET/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
- $95.08
- Price spread: −0.593% → −0.591%
- −$0.26
- 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
- $82.8
- Costs to cover
- 0.120%
- Break-even
- 0.9 days
Slippage unknown: KuCoin: live order book, 4 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, 4 min ago | 2.49 bp | 19.4 bp −$19 | 47.9 bp −$479 | 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.
FET on 20 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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit FET_USDC-PERPETUAL | −0.4197% | 1h | 0.2015 | −0.346% | $27K | $200K | 10x | as long as short |
| Coinbase International FET-PERP-INTX | −0.0744% | 1h | 0.2016 | −0.297% | $158K | $190K | 50x | as long as short |
| gTrade (Gains Network) FET/USD | L +0.0006% / S −0.0012% | 1h | 0.2017 | −0.239% | $32K | — | 150x | as long as short |
| Gate FET_USDT | +0.0046% | 8h | 0.2020 | −0.099% | $2.7M | $11.9M | 50x | as long as short |
| Hyperliquid FET | +0.0100% | 1h | 0.2023 | +0.059% | $9.0M | $7.9M | 5x | as long as short |
| Aster FETUSDT | +0.0100% | 8h | 0.2023 | +0.035% | $342K | $533K | 10x | as long as short |
| Binance FETUSDT | +0.0100% | 8h | 0.2022 | −0.001% | $31.6M | $107.3M | 75x | as long as short |
| MEXC FET_USDT | +0.0100% | 8h | 0.2021 | −0.049% | $34.8M | $25.1M | 200x | as long as short |
| KuCoin FETUSDTMlong | +0.0100% | 8h | 0.2022 | long leg | $10.4M | $19.1M | 50x | |
| Variational Omni FET | +0.0100% | 8h | 0.2011 | −0.529% | $273K | $316K | — | as long as short |
Deribit FET_USDC-PERPETUAL
Coinbase International FET-PERP-INTX
gTrade (Gains Network) FET/USD
Gate FET_USDT
Hyperliquid FET
Aster FETUSDT
Binance FETUSDT
MEXC FET_USDT
Variational Omni FETShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_FET_USDC | +0.0100% | 8h | 0.2017 | −0.247% | $37K | $5K | 10x | as long as short |
| Extended FET-USD | +0.0104% | 1h | 0.2021 | −0.069% | $33K | $189K | 10x | as long as short |
| OKX FET-USDT-SWAP | +0.0169% | 4h | 0.2026 | +0.198% | $859K | $7.6M | 20x | as long as short |
| GMX FET/USD [ETH-USDC] | L +0.0201% / S −0.0278% | 1h | 0.2016 | −0.274% | $13K | — | 100x | as long as short |
| BloFin FET-USDT | +0.0220% | 8h | 0.2016 | −0.297% | $1.7M | $2.6M | 100x | as long as short |
| BingX FET-USDT | +0.0272% | 8h | 0.2022 | 0.000% | — | $5.6M | — | as long as short |
| Bitget FETUSDT | +0.0305% | 8h | 0.2023 | +0.049% | $16.5M | $11.4M | 75x | as long as short |
| Kraken Futures PF_FETUSD | +0.0358% | 1h | 0.2021 | −0.046% | $1.0M | $2.2M | 50x | as long as short |
| Injective FET/USDC PERPshort | +0.0553% | 1h | 0.2010 | −0.593% | $3K | $166K | 12x | |
| Phoenix FET | +0.0599% | 1h | 0.2016 | −0.282% | $27K | $36K | 5x | as long as short |
Orderly PERP_FET_USDC
Extended FET-USD
OKX FET-USDT-SWAP
GMX FET/USD [ETH-USDC]
BloFin FET-USDT
BingX FET-USDT
Bitget FETUSDT
Kraken Futures PF_FETUSD
Phoenix FET