Funding you earn now, next payment 08:00 UTC−0.0096%/8h= −10.5% APRnext payment −$0.48 per $10,000 · paid last 24h +0.007%
Price spread now: BloFin against KuCoin+0.119%95s7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$410.409% of the position
Funding, last 7 days+0.064%+$6 on $10k
+Price spread, last 4 days (all we have)−0.122%−$12 · spread now +0.119%, 7d avg +0.014%
=The price spread pays, funding is against you. BloFin is 0.105% dearer against KuCoin than usual: you sell high and buy low (spread +0.119% now, against its 7-day average of +0.014%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.6 days. Mind the row above: over the last 7 days funding on this pair paid +0.064%, so the current rate has only just turned against you. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SKHYNIXUSDTM | 1,349.3 | 0.0100 | pay 0.0050% / 4h | 7m 41s | $5.0M | $8.2M | 20x |
| Short | BloFin SKHYNIX-USDT | 1,350.9 | 0.0004 | get 0.0002% / 4h | 7m 41s | $2.5M | $4.1M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$20.21
- Price spread: +0.119% → +0.014%
- $10.48
- Slippage, 4 orders
- −$16.88
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$50.61
- Costs to cover
- 0.409%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; BloFin: 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, 10 min ago | 0.44 bp | 19.1 bp −$19 | 49.7 bp −$497 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 6 min ago | 0.15 bp | 6.1 bp −$6 | 6.1 bp −$61 | 11.1 bp −$1,112 | 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 | −0.0395% | 4h | 1,349.8 | +0.040% | $3.3M | $429K | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | −0.0058% | 1h | 1,349.7 | +0.035% | $689 | $35K | 5x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,351.2 | +0.144% | $18.4M | $29.3M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,350 | +0.053% | $2.3M | $78K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,350.2 | +0.064% | $328.2M | $956.3M | 50x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,350.2 | +0.065% | $19.0M | $30.9M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,350.6 | +0.101% | $140.4M | $77.4M | 75x | as long as short |
| Bitget SKHYNIXUSDT | 0.0000% | 4h | 1,350.6 | +0.100% | $21.8M | $34.6M | 20x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,350.3 | +0.076% | $98K | $222K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,350.2 | +0.068% | $967 | $470K | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,351.4 | +0.153% | $1.3M | $2.5M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,350.1 | +0.058% | $1.2M | $781K | 10x | as long as short |
| BloFin SKHYNIX-USDTshort | +0.0004% | 4h | 1,350.9 | +0.119% | $2.5M | $4.1M | 50x | |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,349.6 | +0.026% | $102K | $433K | 10x | as long as short |
| KuCoin SKHYNIXUSDTMlong | +0.0100% | 4h | 1,349.3 | long leg | $5.0M | $8.2M | 20x | |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,350.1 | +0.057% | $141K | $259K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,350.3 | +0.074% | $5K | $1K | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,349.9 | +0.046% | $32K | — | 10x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0395% | 8h | 1,350 | +0.053% | $52.2M | $131.3M | 50x | as long as short |
| SoDEX SKHX-USD | +0.0767% | 1h | 1,348.8 | −0.037% | $240 | $8K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0854% | 1h | 1,347.5 | −0.132% | $295.6M | $269.3M | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.1049% | 1h | 1,348.6 | −0.050% | $252K | $974K | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.1104% | 1h | 1,349.9 | +0.043% | $15K | $467K | 10x | as long as short |
KuCoin SKHYNIXUSDTM
BloFin SKHYNIX-USDT
edgeX SKHYNIXUSDC
Aftermath Perps SKHYNIXUSD
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
Bitget SKHYNIXUSDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
Pacifica SKHYNIX
ApeX Omni SKHYNIXUSDT
OKX SKHYNIX-USDT-SWAP
SoDEX SKHX-USD
tradeXYZ xyz:SKHX
Polymarket Perps SKHYNIX-USD
Bullet SKHYNIX-USD