Funding you earn now, next payment 10:00 UTC+0.0658%/8h= +72.0% APRpaid last 24h +0.042%
Price spread now: KuCoin against Bullet−0.200%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$410.406% of the position
Funding, last 4 days (all we have)+0.049%+$5 on $10k
+Price spread, last 4 days (all we have)−0.021%−$2 · spread now −0.200%, 7d avg −0.026%
=Funding pays, the price is against you. KuCoin is 0.174% cheaper against Bullet than usual: you would sell low and buy high (spread −0.200% now, against its 7-day average of −0.026%). If the spread goes back, that is −$17 on $10k: about 21 hours of funding at the current rate (+$20 a day). At the pace of the last 4 days (+0.049% in total) that is about 13 days.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.049% in total (about 5.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet SKHYNIX-USD | 1,352.1 | −0.0558 | get 0.0070% / 1h | 16m 13s | $14K | $466K | 10x |
| Short | KuCoin SKHYNIXUSDTM | 1,349.4 | 0.0100 | get 0.0050% / 4h | 2h 16m | $5.1M | $8.3M | 20x |
Bullet SKHYNIX-USD
KuCoin SKHYNIXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bullet. 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
- $138.09
- Price spread: −0.200% → −0.026%
- −$17.41
- Slippage, 4 orders
- −$20.59
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $80.09
- Costs to cover
- 0.406%
- Break-even
- 2.9 days
Slippage from Bullet: live order book, 36 min ago; KuCoin: live order book, 5 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 Bullet live order book, 36 min ago | 0.74 bp | 6.3 bp −$6 | 20.0 bp −$200 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 0.70 bp | 9.3 bp −$9 | 37.2 bp −$372 | doesn't fit | doesn't fit |
SKHYNIX on 23 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYNIXUSDC | −0.0869% | 4h | 1,347.8 | −0.317% | $3.3M | $430K | 10x | as long as short |
| tradeXYZ xyz:SKHX | −0.0642% | 1h | 1,352.3 | +0.015% | $296.7M | $299.1M | 10x | as long as short |
| Bullet SKHYNIX-USDlong | −0.0558% | 1h | 1,352.1 | long leg | $14K | $466K | 10x | |
| Polymarket Perps SKHYNIX-USD | −0.0412% | 1h | 1,352.2 | +0.007% | $241K | $974K | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | −0.0262% | 1h | 1,352.1 | −0.002% | $763 | $34K | 5x | as long as short |
| SoDEX SKHX-USD | −0.0194% | 1h | 1,352.2 | +0.004% | $395 | $8K | 10x | as long as short |
| Pacifica SKHYNIX | −0.0049% | 1h | 1,350.9 | −0.087% | $109K | $465K | 10x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,349.6 | −0.183% | $18.0M | $23.1M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,351 | −0.083% | $2.3M | $85K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,351.3 | −0.059% | $325.8M | $1.02B | 50x | as long as short |
edgeX SKHYNIXUSDC
tradeXYZ xyz:SKHX
Polymarket Perps SKHYNIX-USD
Aftermath Perps SKHYNIXUSD
SoDEX SKHX-USD
Pacifica SKHYNIX
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Binance SKHYNIXUSDTShow all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,352 | −0.007% | $18.5M | $32.2M | 100x | as long as short |
| OKX SKHYNIX-USDT-SWAP | 0.0000% | 8h | 1,351.8 | −0.022% | $51.1M | $142.5M | 50x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,352.4 | +0.021% | $139.5M | $79.1M | 75x | as long as short |
| Bitget SKHYNIXUSDT | 0.0000% | 4h | 1,352.4 | +0.019% | $21.5M | $38.3M | 20x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,351 | −0.084% | $1K | $428K | 10x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,352 | −0.010% | $1.2M | $784K | 10x | as long as short |
| BloFin SKHYNIX-USDT | +0.0035% | 4h | 1,349.2 | −0.212% | $2.5M | $4.1M | 50x | as long as short |
| KuCoin SKHYNIXUSDTMshort | +0.0100% | 4h | 1,349.4 | −0.200% | $5.1M | $8.3M | 20x | |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,349.9 | −0.160% | $5K | $1K | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,352.2 | +0.009% | $32K | — | 10x | as long as short |
| HTX SKHYNIX-USDT | +0.0224% | 4h | 1,352.2 | +0.010% | $1.3M | $2.8M | 50x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0258% | 1h | 1,349.5 | −0.195% | $141K | $260K | 50x | as long as short |
| GRVT SKHYNIX_USDT_Perp | +0.0734% | 4h | 1,348.3 | −0.279% | $98K | $212K | 10x | as long as short |
Bybit SKHYNIXUSDT
OKX SKHYNIX-USDT-SWAP
Gate SKHYNIX_USDT
Bitget SKHYNIXUSDT
SunX SKHYNIX-USDT
Phemex SKHYNIXUSDT
BloFin SKHYNIX-USDT
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
HTX SKHYNIX-USDT
ApeX Omni SKHYNIXUSDT
GRVT SKHYNIX_USDT_Perp