Settings8H · net · $10k
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LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG1.9530−0.3204get 0.3204% / 8h7h 45m$125K$1.5M20xLong KuCoin
SHORT1.9650−1.2567pay 0.6284% / 4h3h 45m$3.4M$56.9M20xShort Binance
Price gap+0.614%
Funding gap−0.9363% /8h

The gap pays +$62 on $10k if it goes back to its 7d average, but funding costs $281 a day and eats that in about 5 hours. At the last 7 days' pace that is about 3.5 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$123−0.9363% /8h now · paid −1.228% over the last 7D
Price+$62spread +0.614% now, avg −0.007% → +0.622% if it goes back
Costs−$8338.335% of $10k · taker + slippage, in and out
Result−$894−8.94%no points

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −1.228% in total, about −0.0585%/8h on average.

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.614%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

CSOPSKHYNIX2L on 9 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • Watch: Thin at this size520.2 / 18.1 bp
    At $10k entering KuCoin costs 520.2 bp, fee and slippage, 28.7× Binance’s.
  • Note: Margin at max leverage$500 + $500
    KuCoin 20x, Binance 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ8h / 4h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$280.90Long KuCoin: 3 payments, +$96.12; short Binance: 6 payments, −$377.02.
  • OK: Entry gap works for you+0.614% vs −0.007%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$125K vs $3.4M OI
    KuCoin sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCKuCoin Yes · Binance Yes
    Standard KYC (ID and face check) for any product since Aug 2023.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0585%/8h × 21 periods−$122.80
Price spread+0.614% → −0.007% (7d avg)+$62.16
Slippage, 4 orderslive order books−$813.49
Fee KuCoin bp × 2 orders−$12.00
Fee Binance bp × 2 orders−$8.00
Net · 7 days · $10k−$894.13
Costs to cover8.335%Break-evennever at this rate
Slippage: KuCoin: live order book, 3 min ago; Binance: live order book, 15 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGKuCoin12.80520.2 bp−$520doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBinance5.1218.1 bp−$1871.5 bp−$715doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

CSOPSKHYNIX2L news

posts that mention CSOPSKHYNIX2L, from every exchange
09-24 10:00KuCoinListingnew market CSOPSKHYNIX2LUSDTM ($CSOPSKHYNIX2L) seen by our collector