Funding you earn now, next payment 03:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.020%
Price spread now: Injective against KuCoin−2.933%115s7-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 −$2 a day on $10k at the current rate, and Injective is 2.933% cheaper against KuCoin than usual: you would sell low and buy high (−$293 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 115 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 BABAUSDTM | 119.34 | 0.0100 | pay 0.0100% / 8h | 5h 01m | $621K | $502K | 20x |
| Short | Injective BABA/USDC PERP | 115.84 | 0.0033 | get 0.0004% / 1h | 1m 28s | $11K | $26K | 12x |
KuCoin BABAUSDTM
Injective BABA/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: −2.933% → 0.000%
- −$293.28
- 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
- −$319.3
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 22 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, 22 min ago | 31.54 bp | 84.7 bp −$85 | 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.
BABA on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BABAUSDT | 0.0000% | 8h | 119.34 | +0.002% | $78K | $31K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 119.49 | +0.126% | $2.2M | $645K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.38 | +0.034% | $1.5M | $1.8M | 50x | as long as short |
| GRVT BABA_USDT_Perp | 0.0000% | 8h | 119.27 | −0.059% | $3K | $217K | 10x | as long as short |
| SunX BABA-USDT | 0.0000% | 8h | 119.32 | −0.017% | $895 | $3.6M | 20x | as long as short |
| HTX BABA-USDT | 0.0000% | 8h | 119.28 | −0.050% | $30K | $18K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.41 | +0.059% | $380K | $73K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 119.37 | +0.025% | $430K | $507K | 10x | as long as short |
| Injective BABA/USDC PERPshort | +0.0033% | 1h | 115.84 | −2.933% | $11K | $26K | 12x | |
| Arcus BABA-USD | +0.0040% | 1h | 119.26 | −0.067% | $72K | $109K | 10x | as long as short |
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
GRVT BABA_USDT_Perp
SunX BABA-USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Arcus BABA-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 119.46 | +0.101% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 119.40 | +0.050% | $12.0M | $4.0M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.40 | +0.050% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 119.10 | −0.201% | $241K | $402K | 10x | as long as short |
| QFEX BABA-USD | +0.0061% | 1h | 119.43 | +0.075% | $1.2M | $4.4M | 10x | as long as short |
| Variational Omni BABA | +0.0081% | 8h | 119.21 | −0.112% | $268K | $658K | — | as long as short |
| KuCoin BABAUSDTMlong | +0.0100% | 8h | 119.34 | long leg | $621K | $502K | 20x | |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.26 | −0.067% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0136% | 1h | 119.38 | +0.032% | $44K | $363K | 10x | as long as short |
| Binance BABAUSDT | +0.0137% | 8h | 119.48 | +0.117% | $15.7M | $29.6M | 20x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 119.34 | 0.000% | $67K | $68K | 10x | as long as short |
| Bitget BABAUSDT | +0.0965% | 8h | 119.40 | +0.050% | $2.5M | $1.7M | 20x | as long as short |
Vest BABA-USD-PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Ondo Perps BABA-USD.P
QFEX BABA-USD
Variational Omni BABA
Orderly PERP_BABA_USDC_mythos
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Bitget BABAUSDT