Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.030%
Price spread now: Bybit against KuCoin+0.080%7-day average +0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs−$80as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$620.617% of the position
Funding, last 7 days−0.186%−$19 on $10k
+Price spread, last 7 days−0.101%−$10 · spread now +0.080%, 7d avg +0.019%
=The price spread pays, funding is against you. Bybit is 0.062% dearer against KuCoin than usual: you sell high and buy low (spread +0.080% now, against its 7-day average of +0.019%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SKHYNIXUSDTM | 1,408.7 | 0.0100 | pay 0.0050% / 4h | 12m 55s | $5.2M | $8.0M | 20x |
| Short | Bybit SKHYNIXUSDT | 1,409.8 | 0 | get 0.0000% / 8h | 4h 12m | $20.5M | $31.7M | 100x |
KuCoin SKHYNIXUSDTM
Bybit SKHYNIXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$21
- Price spread: +0.080% → +0.019%
- $6.17
- Slippage, 4 orders
- −$38.66
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$76.49
- Costs to cover
- 0.617%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Bybit: 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 KuCoin live order book, 5 min ago | 0.67 bp | 21.0 bp −$21 | 54.7 bp −$547 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.04 bp | 6.3 bp −$6 | 12.7 bp −$127 | 48.2 bp −$4,824 | 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 | −0.0350% | 4h | 1,407.7 | −0.074% | $3.5M | $375K | 10x | as long as short |
| BloFin SKHYNIX-USDT | −0.0058% | 4h | 1,409 | +0.021% | $2.7M | $4.1M | 50x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,409.5 | +0.056% | $18.8M | $39.8M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,408.7 | −0.001% | $2.4M | $71K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,409.2 | +0.034% | $349.1M | $754.7M | 50x | as long as short |
| Bybit SKHYNIXUSDTshort | 0.0000% | 8h | 1,409.8 | +0.080% | $20.5M | $31.7M | 100x | |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,410.1 | +0.096% | $143.3M | $65.2M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,408.9 | +0.015% | $101K | $200K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,409.6 | +0.066% | $1K | $608K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,408.3 | −0.031% | $1.3M | $2.4M | 50x | as long as short |
edgeX SKHYNIXUSDC
BloFin SKHYNIX-USDT
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDT
HTX SKHYNIX-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,409.8 | +0.074% | $1.2M | $768K | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,409.2 | +0.038% | $750 | $8K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0055% | 1h | 1,408.8 | +0.006% | $315.6M | $210.9M | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0080% | 1h | 1,409.6 | +0.064% | $14K | $470K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0089% | 1h | 1,409.6 | +0.063% | $276K | $1.0M | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,409.3 | +0.042% | $127K | $385K | 10x | as long as short |
| KuCoin SKHYNIXUSDTMlong | +0.0100% | 4h | 1,408.7 | long leg | $5.2M | $8.0M | 20x | |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,408.1 | −0.042% | $147K | $260K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,409.4 | +0.050% | $5K | $798 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,410 | +0.093% | $33K | — | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0234% | 4h | 1,409.6 | +0.061% | $23.3M | $26.3M | 20x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0270% | 1h | 1,408.9 | +0.013% | $672 | $38K | 5x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0359% | 8h | 1,409.7 | +0.070% | $55.8M | $114.5M | 50x | as long as short |
Phemex SKHYNIXUSDT
SoDEX SKHX-USD
tradeXYZ xyz:SKHX
Bullet SKHYNIX-USD
Polymarket Perps SKHYNIX-USD
Pacifica SKHYNIX
ApeX Omni SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
Bitget SKHYNIXUSDT
Aftermath Perps SKHYNIXUSD
OKX SKHYNIX-USDT-SWAP