Settings8H · net · $10k
Funding arb · Price arb /

BX

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0987%/8h= +108.1% APRpaid last 24h +0.085%
Price spread now: KuCoin against Injective−8.739%85s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. KuCoin is 8.739% cheaper against Injective than usual: you would sell low and buy high (spread −8.739% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$874 on $10k: about 30 days of funding at the current rate (+$30 a day). The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective BX/USDC PERP138.570.0220pay 0.0028% / 1h13m 48s$4K$32K12x
ShortKuCoin BXUSDTM126.460.1207get 0.1207% / 8h13m 48s$112K$1.1M20x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$207.27
Price spread: −8.739% → 0.000%
−$873.93
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
−$678.68
Costs to cover
0.120%
Break-even
29.9 days
Slippage unknown: Injective: no order-book sample; KuCoin: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Injective no order-book sample
Sell KuCoin live order book, 1 min ago8.70 bp178.6 bp −$179doesn't fitdoesn't fitdoesn'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.

BX on 14 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster BXUSDT0.0000%8h126.31−8.847%$5K$2K20xas long as short
Bybit BXUSDT0.0000%8h126.60−8.638%$490K$863K25xas long as short
QFEX BX-USD0.0000%1h129.33−6.668%$1.1M$1.3M10xas long as short
Gate BX_USDT0.0000%8h126.77−8.516%$426K$27K20xas long as short
Bitget BXUSDT0.0000%8h126.69−8.573%$903K$44K20xas long as short
SunX BX-USDT0.0000%8h126.54−8.682%$867$305K10xas long as short
HTX BX-USDT0.0000%8h126.60−8.638%$7K$3K20xas long as short
Injective BX/USDC PERPlong+0.0220%1h138.57long leg$4K$32K12x
tradeXYZ xyz:BX+0.0232%1h126.42−8.768%$665K$187K10xas long as short
OKX BX-USDT-SWAP+0.0309%8h126.46−8.739%$162K$109K20xas long as short
Show all 14 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin BXUSDTMshort+0.1207%8h126.46−8.739%$112K$1.1M20x
Variational Omni BX+0.1240%8h126.53−8.691%$31K$127as long as short
Binance BXUSDT+0.1601%8h126.53−8.690%$796K$470K20xas long as short
GRVT BX_USDT_Perp+0.2322%8h126.53−8.686%$1K$123K10xas long as short