Funding you earn now, next payment 09:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.052%
Price spread now: Injective against KuCoin+0.226%55s7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1011.015% of the position
Funding, last 7 days+0.434%+$43 on $10k
+Price spread, last 4 days (all we have)−0.304%−$30 · spread now +0.226%, 7d avg +0.127%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Injective is 0.099% dearer against KuCoin than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.127%. 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 | KuCoin AAPLUSDTM | 340.03 | 0.0100 | pay 0.0100% / 8h | 7h 36m | $1.4M | $76K | 20x |
| Short | Injective AAPL/USDC PERP | 340.80 | 0.0220 | get 0.0028% / 1h | 36m 23s | $192K | $44K | 30x |
KuCoin AAPLUSDTM
Injective AAPL/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
- $25.2
- Price spread: +0.226% → +0.127%
- $9.92
- Slippage, 4 orders
- −$89.46
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$66.35
- Costs to cover
- 1.015%
- Break-even
- 25.4 days
Slippage from KuCoin: live order book, 9 min ago; Injective: live order book, 62 min ago.
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, 9 min ago | 6.91 bp | 21.3 bp −$21 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective live order book, 62 min ago | 15.73 bp | 34.7 bp −$35 | doesn't fit | doesn't fit | doesn't fit |
AAPL on 33 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado AAPL-PERP | −0.0017% | 1h | 339.96 | −0.019% | $556K | $36K | 20x | as long as short |
| BloFin AAPL-USDT | −0.0013% | 8h | 340.20 | +0.050% | $345K | $166K | 20x | as long as short |
| edgeX AAPLUSDC | −0.0011% | 4h | 340.24 | +0.060% | $81K | $326K | 20x | as long as short |
| Aster AAPLUSDT | 0.0000% | 8h | 340.04 | +0.004% | $121K | $294K | 20x | as long as short |
| Extended AAPL_24_5-USD | 0.0000% | 1h | 340.02 | −0.003% | $285K | $2.1M | 10x | as long as short |
| Binance AAPLUSDT | 0.0000% | 8h | 340.11 | +0.024% | $22.2M | $67.3M | 25x | as long as short |
| OKX AAPL-USDT-SWAP | 0.0000% | 8h | 340.07 | +0.012% | $6.3M | $7.0M | 25x | as long as short |
| Gate AAPL_USDT | 0.0000% | 8h | 339.93 | −0.029% | $3.0M | $5.7M | 100x | as long as short |
| Bitget AAPLUSDT | 0.0000% | 8h | 340.12 | +0.026% | $6.2M | $3.5M | 100x | as long as short |
| Variational Omni AAPL | 0.0000% | 8h | 340.07 | +0.013% | $2.5M | $1.2M | — | as long as short |
Nado AAPL-PERP
BloFin AAPL-USDT
edgeX AAPLUSDC
Aster AAPLUSDT
Extended AAPL_24_5-USD
Binance AAPLUSDT
OKX AAPL-USDT-SWAP
Gate AAPL_USDT
Bitget AAPLUSDT
Variational Omni AAPLShow all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT AAPL_USDT_Perp | 0.0000% | 8h | 340.34 | +0.091% | $13K | $350K | 10x | as long as short |
| SunX AAPL-USDT | 0.0000% | 8h | 340.16 | +0.038% | $725 | $4.3M | 20x | as long as short |
| Deribit AAPL_USDC-PERPETUAL | 0.0000% | 1h | 340.03 | 0.000% | $28K | $69K | 10x | as long as short |
| HTX AAPL-USDT | 0.0000% | 8h | 340.26 | +0.068% | $62K | $245K | 30x | as long as short |
| Phemex AAPLUSDT | 0.0000% | 4h | 340.20 | +0.050% | $2.1M | $7K | 10x | as long as short |
| QFEX AAPL-USD | +0.0010% | 1h | 340.05 | +0.006% | $3.2M | $4.2M | 10x | as long as short |
| Hotstuff AAPL-PERP | +0.0024% | 1h | 340.01 | −0.006% | $36K | — | 20x | as long as short |
| Coinbase International AAPL-PERP-INTX | +0.0024% | 1h | 340.14 | +0.032% | $662K | $660K | 10x | as long as short |
| Lighter AAPL | +0.0032% | 1h | 340.10 | +0.020% | $932K | $2.6M | 20x | as long as short |
| Lighter RH AAPL | +0.0032% | 1h | 340.08 | +0.015% | $968K | $3.2M | 20x | as long as short |
| Arcus AAPL-USD | +0.0040% | 1h | 340.05 | +0.006% | $267K | $60K | 20x | as long as short |
| Vest AAPL-USD-PERP | +0.0046% | 1h | 339.90 | −0.038% | — | $45K | 25x | as long as short |
| Polymarket Perps AAPL-USD | +0.0050% | 1h | 339.88 | −0.044% | $279K | $350K | 10x | as long as short |
| SoDEX AAPL-USD | +0.0050% | 1h | 339.97 | −0.018% | $76K | $3K | 10x | as long as short |
| Ondo Perps AAPL-USD.P | +0.0050% | 1h | 339.89 | −0.041% | $1.3M | $2.3M | 20x | as long as short |
| tradeXYZ xyz:AAPL | +0.0060% | 1h | 339.96 | −0.021% | $40.4M | $76.6M | 20x | as long as short |
| Bybit AAPLUSDT | +0.0072% | 8h | 340.16 | +0.038% | $7.7M | $190.1M | 100x | as long as short |
| KuCoin AAPLUSDTMlong | +0.0100% | 8h | 340.03 | long leg | $1.4M | $76K | 20x | |
| ApeX Omni AAPLUSDT | +0.0100% | 1h | 339.97 | −0.018% | $950K | $11.0M | 50x | as long as short |
| Orderly PERP_AAPL_USDC_mythos | +0.0100% | 8h | 340.08 | +0.015% | $4K | — | 10x | as long as short |
| Aevo AAPL-PERP | +0.0104% | 1h | 340.04 | +0.002% | $11K | $102 | 10x | as long as short |
| Phoenix AAPL | +0.0212% | 1h | 340.16 | +0.038% | $5K | $12K | 20x | as long as short |
| Injective AAPL/USDC PERPshort | +0.0220% | 1h | 340.80 | +0.226% | $192K | $44K | 30x |
GRVT AAPL_USDT_Perp
SunX AAPL-USDT
Deribit AAPL_USDC-PERPETUAL
HTX AAPL-USDT
Phemex AAPLUSDT
QFEX AAPL-USD
Hotstuff AAPL-PERP
Coinbase International AAPL-PERP-INTX
Lighter AAPL
Lighter RH AAPL
Arcus AAPL-USD
Vest AAPL-USD-PERP
Polymarket Perps AAPL-USD
SoDEX AAPL-USD
Ondo Perps AAPL-USD.P
tradeXYZ xyz:AAPL
Bybit AAPLUSDT
ApeX Omni AAPLUSDT
Orderly PERP_AAPL_USDC_mythos
Aevo AAPL-PERP
Phoenix AAPL