Funding you earn now, next payment 04:00 UTC+0.0021%/8h= +2.3% APRnext payment +$0.10 per $10,000 · paid last 24h +0.043%
Price spread now: Binance against KuCoin−0.011%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$450.446% of the position
Funding, last 7 days+0.096%+$10 on $10k
+Price spread, last 2 days (all we have)−0.003%$0 · spread now −0.011%, 7d avg −0.017%
=The price spread sits at its 7-day average of −0.017%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SKHYNIXUSDTM | 1,409.1 | 0.0100 | pay 0.0050% / 4h | 2h 38m | $5.2M | $8.1M | 20x |
| Short | Binance SKHYNIXUSDT | 1,409 | 0.0121 | get 0.0060% / 4h | 2h 38m | $352.7M | $744.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- $4.36
- Price spread: −0.011% → −0.017%
- $0.52
- Slippage, 4 orders
- −$22.65
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$39.77
- Costs to cover
- 0.446%
- Break-even
- 70.8 days
Slippage from KuCoin: live order book, 5 min ago; Binance: live order book, 6 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 KuCoin live order book, 5 min ago | 0.89 bp | 16.6 bp −$17 | 48.2 bp −$482 | doesn't fit | doesn't fit |
| Sell Binance live order book, 6 min ago | 0.04 bp | 5.0 bp −$5 | 6.7 bp −$67 | 13.2 bp −$1,321 | 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 | −0.0719% | 4h | 1,407 | −0.154% | $3.4M | $397K | 10x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,410 | +0.063% | $20.6M | $33.1M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,409.7 | +0.040% | $142.5M | $62.9M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,409.6 | +0.035% | $102K | $196K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,408.4 | −0.050% | $1K | $690K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,409.9 | +0.055% | $1.3M | $2.2M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,409.4 | +0.021% | $1.2M | $769K | 10x | as long as short |
| Aster SKHYNIXUSD1 | +0.0006% | 4h | 1,409.3 | +0.011% | $18.9M | $41.4M | 20x | as long as short |
| Bullet SKHYNIX-USD | +0.0013% | 1h | 1,408.9 | −0.014% | $15K | $467K | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,409.1 | −0.002% | $750 | $8K | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica SKHYNIX | +0.0100% | 1h | 1,409.5 | +0.026% | $129K | $390K | 10x | as long as short |
| KuCoin SKHYNIXUSDTMlong | +0.0100% | 4h | 1,409.1 | long leg | $5.2M | $8.1M | 20x | |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,407.5 | −0.119% | $147K | $261K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,409.1 | −0.004% | $5K | $798 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,410 | +0.061% | $33K | — | 10x | as long as short |
| Extended SKHYNIX-USD | +0.0120% | 1h | 1,408.9 | −0.017% | $2.4M | $78K | 10x | as long as short |
| Binance SKHYNIXUSDTshort | +0.0121% | 4h | 1,409 | −0.011% | $352.7M | $744.6M | 50x | |
| Polymarket Perps SKHYNIX-USD | +0.0124% | 1h | 1,409.8 | +0.047% | $293K | $947K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0140% | 1h | 1,408.7 | −0.031% | $321.9M | $199.6M | 10x | as long as short |
| BloFin SKHYNIX-USDT | +0.0228% | 4h | 1,411.8 | +0.186% | $2.6M | $4.2M | 50x | as long as short |
| Bitget SKHYNIXUSDT | +0.0238% | 4h | 1,409.8 | +0.043% | $23.9M | $25.3M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0274% | 8h | 1,409.7 | +0.040% | $54.2M | $111.4M | 50x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.1442% | 1h | 1,408.6 | −0.035% | $702 | $38K | 5x | as long as short |
KuCoin SKHYNIXUSDTM
Binance SKHYNIXUSDT
edgeX SKHYNIXUSDC
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
Aster SKHYNIXUSD1
Bullet SKHYNIX-USD
SoDEX SKHX-USD
Pacifica SKHYNIX
ApeX Omni SKHYNIXUSDT
Extended SKHYNIX-USD
Polymarket Perps SKHYNIX-USD
tradeXYZ xyz:SKHX
BloFin SKHYNIX-USDT
Bitget SKHYNIXUSDT
OKX SKHYNIX-USDT-SWAP
Aftermath Perps SKHYNIXUSD