Funding you earn now, next payment 12:00 UTC−0.0122%/8h= −13.4% APRpaid last 24h +0.022%
Price spread now: KuCoin against Bybit−0.043%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$410.415% of the position
Funding, last 7 days+0.228%+$23 on $10k
+Price spread, last 7 days+0.074%+$7 · spread now −0.043%, 7d avg −0.021%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and KuCoin is 0.022% cheaper against Bybit than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.021%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.228%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SKHYNIXUSDT | 1,337.1 | −0.0368 | get 0.0368% / 8h | 7h 36m | $18.7M | $30.6M | 100x |
| Short | KuCoin SKHYNIXUSDTM | 1,336.5 | −0.0490 | pay 0.0245% / 4h | 3h 36m | $5.1M | $8.3M | 20x |
Bybit SKHYNIXUSDT
KuCoin SKHYNIXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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
- −$25.68
- Price spread: −0.043% → −0.021%
- −$2.22
- Slippage, 4 orders
- −$18.48
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$69.39
- Costs to cover
- 0.415%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; KuCoin: live order book, 1 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 Bybit live order book, 2 min ago | 0.04 bp | 7.3 bp −$7 | 11.1 bp −$111 | 38.8 bp −$3,883 | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 0.93 bp | 11.6 bp −$12 | 45.0 bp −$450 | doesn't fit | doesn't fit |
SKHYNIX on 23 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT SKHYNIX_USDT_Perp | −0.4064% | 4h | 1,337.1 | +0.001% | $97K | $226K | 10x | as long as short |
| HTX SKHYNIX-USDT | −0.3035% | 4h | 1,338.3 | +0.091% | $1.2M | $2.6M | 50x | as long as short |
| ApeX Omni SKHYNIXUSDT | −0.1177% | 1h | 1,336.8 | −0.023% | $139K | $259K | 50x | as long as short |
| SunX SKHYNIX-USDT | −0.0836% | 4h | 1,337.1 | −0.002% | $943 | $450K | 10x | as long as short |
| edgeX SKHYNIXUSDC | −0.0652% | 4h | 1,336.1 | −0.073% | $3.3M | $429K | 10x | as long as short |
| KuCoin SKHYNIXUSDTMshort | −0.0490% | 4h | 1,336.5 | −0.043% | $5.1M | $8.3M | 20x | |
| Binance SKHYNIXUSDT | −0.0410% | 4h | 1,337.5 | +0.029% | $324.9M | $973.7M | 50x | as long as short |
| Extended SKHYNIX-USD | −0.0400% | 1h | 1,337.6 | +0.042% | $2.3M | $85K | 10x | as long as short |
| BloFin SKHYNIX-USDT | −0.0387% | 4h | 1,337.8 | +0.054% | $2.5M | $4.0M | 50x | as long as short |
| Bybit SKHYNIXUSDTlong | −0.0368% | 8h | 1,337.1 | long leg | $18.7M | $30.6M | 100x |
GRVT SKHYNIX_USDT_Perp
HTX SKHYNIX-USDT
ApeX Omni SKHYNIXUSDT
SunX SKHYNIX-USDT
edgeX SKHYNIXUSDC
Binance SKHYNIXUSDT
Extended SKHYNIX-USD
BloFin SKHYNIX-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYNIXUSD1 | −0.0210% | 4h | 1,342.2 | +0.384% | $18.2M | $26.5M | 20x | as long as short |
| Aftermath Perps SKHYNIXUSD | −0.0168% | 1h | 1,337.9 | +0.063% | $728 | $35K | 5x | as long as short |
| Bitget SKHYNIXUSDT | −0.0100% | 4h | 1,337.7 | +0.044% | $21.4M | $35.8M | 20x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,337.7 | +0.047% | $138.6M | $75.1M | 75x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,340.4 | +0.246% | $1.2M | $780K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0050% | 1h | 1,337.5 | +0.031% | $250K | $974K | 10x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,337.9 | +0.062% | $5K | $1K | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,338.4 | +0.096% | $31K | — | 10x | as long as short |
| Pacifica SKHYNIX | +0.0285% | 1h | 1,336.6 | −0.032% | $101K | $437K | 10x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0367% | 8h | 1,336.1 | −0.073% | $51.8M | $130.1M | 50x | as long as short |
| SoDEX SKHX-USD | +0.0475% | 1h | 1,337.8 | +0.055% | $391 | $8K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0762% | 1h | 1,335.4 | −0.126% | $296.6M | $276.4M | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.1017% | 1h | 1,338.5 | +0.106% | $14K | $466K | 10x | as long as short |
Aster SKHYNIXUSD1
Aftermath Perps SKHYNIXUSD
Bitget SKHYNIXUSDT
Gate SKHYNIX_USDT
Phemex SKHYNIXUSDT
Polymarket Perps SKHYNIX-USD
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
Pacifica SKHYNIX
OKX SKHYNIX-USDT-SWAP
SoDEX SKHX-USD
tradeXYZ xyz:SKHX
Bullet SKHYNIX-USD