Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.048%
Price spread now: KuCoin against Gate−0.085%7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$480.477% of the position
Funding, last 7 days+0.185%+$18 on $10k
+Price spread, last 7 days+0.043%+$4 · spread now −0.085%, 7d avg −0.037%
=Funding pays, the price is against you. KuCoin is 0.048% cheaper against Gate than usual: you would sell low and buy high (spread −0.085% now, against its 7-day average of −0.037%). If the spread goes back, that is −$5 on $10k: about 39 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SKHYNIX_USDT | 1,407.5 | 0 | get 0.0000% / 4h | 1h 26m | $143.9M | $64.2M | 75x |
| Short | KuCoin SKHYNIXUSDTM | 1,406.3 | 0.0100 | get 0.0050% / 4h | 1h 26m | $5.2M | $8.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- $21
- Price spread: −0.085% → −0.037%
- −$4.85
- Slippage, 4 orders
- −$20.65
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$31.5
- Costs to cover
- 0.477%
- Break-even
- 17.5 days
Slippage from Gate: 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 Gate live order book, 2 min ago | 0.32 bp | 10.0 bp −$10 | 24.8 bp −$248 | 37.4 bp −$3,741 | 60.2 bp −$30.1K |
| Sell KuCoin live order book, 1 min ago | 0.43 bp | 9.8 bp −$10 | 35.1 bp −$351 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYNIXUSDC | −0.0562% | 4h | 1,409.3 | +0.128% | $3.5M | $395K | 10x | as long as short |
| BloFin SKHYNIX-USDT | −0.0004% | 4h | 1,406.8 | −0.052% | $2.7M | $4.1M | 50x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,406.5 | −0.070% | $18.9M | $39.9M | 20x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,407.4 | −0.010% | $20.4M | $33.1M | 100x | as long as short |
| Gate SKHYNIX_USDTlong | 0.0000% | 4h | 1,407.5 | long leg | $143.9M | $64.2M | 75x | |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,409.5 | +0.140% | $102K | $194K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,407.5 | −0.001% | $1K | $640K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,408 | +0.036% | $1.3M | $2.4M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,407.1 | −0.027% | $1.2M | $768K | 10x | as long as short |
| Extended SKHYNIX-USD | +0.0016% | 1h | 1,406.2 | −0.096% | $2.4M | $71K | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SKHYNIXUSDT | +0.0019% | 4h | 1,406.8 | −0.050% | $351.1M | $749.4M | 50x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,406.6 | −0.067% | $748 | $8K | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,406.7 | −0.058% | $126K | $389K | 10x | as long as short |
| KuCoin SKHYNIXUSDTMshort | +0.0100% | 4h | 1,406.3 | −0.085% | $5.2M | $8.1M | 20x | |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,410.7 | +0.224% | $147K | $261K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,406 | −0.105% | $5K | $798 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,407.5 | −0.004% | $33K | — | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0156% | 1h | 1,405.8 | −0.121% | $317.0M | $205.7M | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0198% | 1h | 1,406.9 | −0.041% | $15K | $467K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0218% | 1h | 1,406.8 | −0.050% | $276K | $1.0M | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0332% | 4h | 1,407.3 | −0.013% | $23.4M | $26.0M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0334% | 8h | 1,407.7 | +0.013% | $55.8M | $114.3M | 50x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0574% | 1h | 1,407.9 | +0.030% | $671 | $38K | 5x | as long as short |
Gate SKHYNIX_USDT
KuCoin SKHYNIXUSDTM
edgeX SKHYNIXUSDC
BloFin SKHYNIX-USDT
Aster SKHYNIXUSD1
Bybit SKHYNIXUSDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
SoDEX SKHX-USD
Pacifica SKHYNIX
ApeX Omni SKHYNIXUSDT
tradeXYZ xyz:SKHX
Bullet SKHYNIX-USD
Polymarket Perps SKHYNIX-USD
Bitget SKHYNIXUSDT
OKX SKHYNIX-USDT-SWAP
Aftermath Perps SKHYNIXUSD