Funding you earn now, next payment 07:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.004%
Price spread now: KuCoin against Injective+4.017%55s7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$2 a day on $10k at the current rate, and KuCoin is 4.017% dearer against Injective than usual: you sell high and buy low: +$402 more if the spread goes back to zero (this spread has no 7-day history yet). 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 | Injective SPX/USDC PERP | 0.4979 | 0.0033 | pay 0.0004% / 1h | 10m 25s | $9 | $4K | 5.5x |
| Short | KuCoin SPXUSDTM | 0.5179 | 0.0100 | get 0.0050% / 4h | 1h 10m | $3.7M | $5.4M | 50x |
Injective SPX/USDC PERP
KuCoin SPXUSDTMFunding 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: +4.017% → 0.000%
- $401.69
- 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
- $403.67
- Costs to cover
- 0.120%
- Break-even
- from the start
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 | 3.87 bp | 57.1 bp −$57 | 286.2 bp −$2,862 | 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.
SPX on 19 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 SPX/USDC PERPlong | +0.0033% | 1h | 0.4979 | long leg | $9 | $4K | 5.5x | |
| Lighter SPX | +0.0096% | 1h | 0.5182 | +4.079% | $141K | $405K | 5x | as long as short |
| Hyperliquid SPX | +0.0100% | 1h | 0.5187 | +4.174% | $10.5M | $8.3M | 5x | as long as short |
| Aster SPXUSDT | +0.0100% | 4h | 0.5178 | +3.993% | $138K | $93K | 10x | as long as short |
| Binance SPXUSDT | +0.0100% | 4h | 0.5181 | +4.050% | $5.2M | $23.7M | 75x | as long as short |
| Bybit SPXUSDT | +0.0100% | 4h | 0.5177 | +3.977% | $11.9M | $17.7M | 50x | as long as short |
| OKX SPX-USDT-SWAP | +0.0100% | 4h | 0.5176 | +3.957% | $978K | $3.4M | 20x | as long as short |
| Gate SPX_USDT | +0.0100% | 4h | 0.5175 | +3.937% | $1.0M | $653K | 50x | as long as short |
| MEXC SPX_USDT | +0.0100% | 4h | 0.5181 | +4.057% | $11.9M | $5.3M | 100x | as long as short |
| KuCoin SPXUSDTMshort | +0.0100% | 4h | 0.5179 | +4.017% | $3.7M | $5.4M | 50x |
Lighter SPX
Hyperliquid SPX
Aster SPXUSDT
Binance SPXUSDT
Bybit SPXUSDT
OKX SPX-USDT-SWAP
Gate SPX_USDT
MEXC SPX_USDTShow all 19 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SPXUSDT | +0.0100% | 4h | 0.5185 | +4.137% | $2.7M | $1.5M | 50x | as long as short |
| BingX SPX-USDT | +0.0100% | 4h | 0.5181 | +4.057% | — | $7.0M | — | as long as short |
| Variational Omni SPX | +0.0100% | 4h | 0.5173 | +3.897% | $979K | $1.6M | — | as long as short |
| ApeX Omni SPXUSDT | +0.0100% | 1h | 0.5163 | +3.696% | $26K | $253K | 25x | as long as short |
| SunX SPX-USDT | +0.0100% | 4h | 0.5169 | +3.816% | $8K | $1.8M | 20x | as long as short |
| Extended SPX-USD | +0.0104% | 1h | 0.5178 | +3.987% | $34K | $243K | 10x | as long as short |
| Orderly PERP_SPX_USDC | +0.0185% | 4h | 0.5175 | +3.937% | $21K | $599 | 10x | as long as short |
| BloFin SPX-USDT | +0.0340% | 4h | 0.5174 | +3.916% | $257K | $1.0M | 75x | as long as short |
| Kraken Futures PF_SPXUSD | +0.1596% | 1h | 0.5189 | +4.216% | $258K | $555K | 20x | as long as short |
Bitget SPXUSDT
BingX SPX-USDT
Variational Omni SPX
ApeX Omni SPXUSDT
SunX SPX-USDT
Extended SPX-USD
Orderly PERP_SPX_USDC
BloFin SPX-USDT
Kraken Futures PF_SPXUSD