Funding you earn now, next payment 00:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.020%
Price spread now: KuCoin against Injective−1.378%7-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 1.378% cheaper against Injective than usual: you would sell low and buy high (spread −1.378% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$138 on $10k: about 2 months of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective XTZ/USDC PERP | 0.3484 | 0.0033 | pay 0.0004% / 1h | 44m 31s | $62 | $17K | 5.5x |
| Short | KuCoin XTZUSDTM | 0.3436 | 0.0100 | get 0.0050% / 4h | 44m 31s | $679K | $317K | 30x |
Funding 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: −1.378% → 0.000%
- −$137.77
- 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
- −$135.79
- Costs to cover
- 0.120%
- Break-even
- 74.9 days
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 19 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, 19 min ago | 7.33 bp | 61.5 bp −$62 | 383.3 bp −$3,833 | 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.
XTZ on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_XTZUSD | +0.0015% | 1h | 0.3437 | −1.361% | $278K | $223K | 50x | as long as short |
| Injective XTZ/USDC PERPlong | +0.0033% | 1h | 0.3484 | long leg | $62 | $17K | 5.5x | |
| BingX XTZ-USDT | +0.0036% | 4h | 0.3432 | −1.493% | — | $1.1M | — | as long as short |
| Binance XTZUSDT | +0.0100% | 4h | 0.3431 | −1.521% | $4.8M | $10.1M | 75x | as long as short |
| Bybit XTZUSDT | +0.0100% | 4h | 0.3432 | −1.493% | $2.8M | $3.3M | 75x | as long as short |
| OKX XTZ-USDT-SWAP | +0.0100% | 8h | 0.3433 | −1.464% | $1.2M | $1.5M | 20x | as long as short |
| Gate XTZ_USDT | +0.0100% | 8h | 0.3434 | −1.435% | $637K | $202K | 75x | as long as short |
| MEXC XTZ_USDT | +0.0100% | 4h | 0.3431 | −1.521% | $2.2M | $625K | 100x | as long as short |
| KuCoin XTZUSDTMshort | +0.0100% | 4h | 0.3436 | −1.378% | $679K | $317K | 30x | |
| Bitget XTZUSDT | +0.0100% | 4h | 0.3434 | −1.435% | $948K | $1.2M | 75x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni XTZ | +0.0100% | 4h | 0.3433 | −1.476% | $123K | $296K | — | as long as short |
| BloFin XTZ-USDT | +0.0145% | 4h | 0.3431 | −1.521% | $281K | $98K | 75x | as long as short |
Injective XTZ/USDC PERP
KuCoin XTZUSDTM
Kraken Futures PF_XTZUSD
BingX XTZ-USDT
Binance XTZUSDT
Bybit XTZUSDT
OKX XTZ-USDT-SWAP
Gate XTZ_USDT
MEXC XTZ_USDT
Bitget XTZUSDT
Variational Omni XTZ
BloFin XTZ-USDT