Funding you earn now, next payment 03:00 UTC−0.0320%/8h= −35.0% APRpaid last 24h −0.128%
Price spread now: Injective against KuCoin−10.402%85s7-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
Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and Injective is 10.402% cheaper against KuCoin than usual: you would sell low and buy high (−$1,040 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 85 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 | KuCoin OKLOUSDTM | 40.760 | 0.0100 | pay 0.0100% / 8h | 5h 25m | $53K | $506K | 10x |
| Short | Injective OKLO/USDC PERP | 36.520 | −0.0220 | pay 0.0028% / 1h | 25m 45s | $6K | $11K | 12x |
KuCoin OKLOUSDTM
Injective OKLO/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
- −$67.2
- Price spread: −10.402% → 0.000%
- −$1,040.24
- 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
- −$1,119.46
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 72 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, 72 min ago | 12.31 bp | doesn't fit | doesn't fit | 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.
OKLO on 5 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 OKLO/USDC PERPshort | −0.0220% | 1h | 36.520 | −10.402% | $6K | $11K | 12x | |
| OKX OKLO-USDT-SWAP | 0.0000% | 8h | 40.818 | +0.142% | $97K | $781K | 20x | as long as short |
| Bitget OKLOUSDT | 0.0000% | 8h | 40.660 | −0.245% | $965K | $612K | 20x | as long as short |
| BloFin OKLO-USDT | +0.0026% | 8h | 40.841 | +0.199% | $44K | $10K | 20x | as long as short |
| KuCoin OKLOUSDTMlong | +0.0100% | 8h | 40.760 | long leg | $53K | $506K | 10x |
OKX OKLO-USDT-SWAP
Bitget OKLOUSDT
BloFin OKLO-USDT