Funding you earn now, next payment 04:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against KuCoin+2.622%85s7-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
The price spread pays, funding is against you. Injective is 2.622% dearer against KuCoin than usual: you sell high and buy low (spread +2.622% now, against zero (this spread has no 7-day history yet)): +$262 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4 months. 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 XPDUSDTM | 1,298.8 | 0.0100 | pay 0.0050% / 4h | 11m 53s | $169K | $5K | 75x |
| Short | Injective XPD/USDC PERP | 1,332.8 | 0.0033 | get 0.0004% / 1h | 11m 53s | $16K | $20K | 52x |
KuCoin XPDUSDTM
Injective XPD/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
- −$14
- Price spread: +2.622% → 0.000%
- $262.18
- 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
- $236.16
- Costs to cover
- 0.120%
- Break-even
- from the start
Slippage unknown: KuCoin: live order book, 63 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, 63 min ago | 21.13 bp | 68.4 bp −$68 | 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.
XPD on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin XPD-USDT | −0.0008% | 4h | 1,300.9 | +0.169% | $30K | $20K | 100x | as long as short |
| Binance XPDUSDT | 0.0000% | 4h | 1,300.5 | +0.131% | $3.7M | $4.6M | 100x | as long as short |
| Gate XPD_USDT | 0.0000% | 4h | 1,300.2 | +0.114% | $2.0M | $460K | 100x | as long as short |
| MEXC XPD_USDT | 0.0000% | 4h | 1,300.1 | +0.106% | $13.1M | $270K | 100x | as long as short |
| Variational Omni XPD | 0.0000% | 4h | 1,301.5 | +0.208% | $537K | $24K | — | as long as short |
| SunX XPD-USDT | 0.0000% | 4h | 1,297.2 | −0.123% | — | $1.8M | 10x | as long as short |
| HTX XPD-USDT | 0.0000% | 4h | 1,300.3 | +0.118% | $9K | $34K | 20x | as long as short |
| edgeX XPDUSDC | +0.0006% | 4h | 1,300.5 | +0.136% | $37K | $206K | 10x | as long as short |
| gTrade (Gains Network) XPD/USD | L +0.0008% / S −0.0007% | 1h | 1,298.3 | −0.032% | — | — | — | as long as short |
| Lighter XPD | +0.0032% | 1h | 1,300.9 | +0.166% | $401K | $155K | 20x | as long as short |
BloFin XPD-USDT
Binance XPDUSDT
Gate XPD_USDT
MEXC XPD_USDT
Variational Omni XPD
SunX XPD-USDT
HTX XPD-USDT
edgeX XPDUSDC
gTrade (Gains Network) XPD/USD
Lighter XPDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective XPD/USDC PERPshort | +0.0033% | 1h | 1,332.8 | +2.622% | $16K | $20K | 52x | |
| tradeXYZ xyz:PALLADIUM | +0.0050% | 1h | 1,298.2 | −0.042% | $2.7M | $486K | 20x | as long as short |
| OKX XPD-USDT-SWAP | +0.0051% | 8h | 1,299.8 | +0.081% | $322K | $468K | 50x | as long as short |
| Aster XPDUSDT | +0.0066% | 4h | 1,299.2 | +0.036% | $26K | $5K | 20x | as long as short |
| KuCoin XPDUSDTMlong | +0.0100% | 4h | 1,298.8 | long leg | $169K | $5K | 75x | |
| Bitget XPDUSDT | +0.0140% | 4h | 1,299.9 | +0.085% | $5.0M | $240K | 100x | as long as short |
| GRVT XPD_USDT_Perp | +0.0480% | 4h | 1,300.2 | +0.114% | $336K | $724K | 25x | as long as short |
tradeXYZ xyz:PALLADIUM
OKX XPD-USDT-SWAP
Aster XPDUSDT
Bitget XPDUSDT
GRVT XPD_USDT_Perp