Funding you earn now, next payment 12:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.058%
Price spread now: SunX against KuCoin−0.017%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$115as in the Funding arb table
Net, price: spread back to 7d avg − costs−$96as in the Price arb table
costs, in and out, $10k−$930.926% of the position
Funding, last 7 days−0.224%−$22 on $10k
+Price spread, last 4 days (all we have)+0.045%+$4 · spread now −0.017%, 7d avg +0.018%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.035% cheaper against KuCoin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SKHYNIXUSDTM | 1,358.8 | 0.0100 | pay 0.0050% / 4h | 1h 44m | $5.1M | $8.3M | 20x |
| Short | SunX SKHYNIX-USDT | 1,358.5 | 0 | get 0.0000% / 4h | 1h 44m | $967 | $421K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: −0.017% → +0.018%
- −$3.52
- Slippage, 4 orders
- −$72.63
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$117.15
- Costs to cover
- 0.926%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; SunX: live order book, 59 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, 2 min ago | 0.37 bp | 15.9 bp −$16 | 53.0 bp −$530 | doesn't fit | doesn't fit |
| Sell SunX live order book, 59 min ago | 28.09 bp | 32.1 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
SKHYNIX on 23 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Bullet SKHYNIX-USD | −0.1120% | 1h | 1,358.7 | −0.004% | $15K | $466K | 10x | as long as short |
| tradeXYZ xyz:SKHX | −0.1038% | 1h | 1,359.6 | +0.062% | $299.6M | $305.9M | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | −0.0968% | 1h | 1,358.8 | +0.003% | $241K | $964K | 10x | as long as short |
| SoDEX SKHX-USD | −0.0732% | 1h | 1,359 | +0.020% | $397 | $8K | 10x | as long as short |
| edgeX SKHYNIXUSDC | −0.0377% | 4h | 1,360.9 | +0.158% | $3.3M | $430K | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | −0.0131% | 1h | 1,359.2 | +0.033% | $769 | $32K | 5x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,359.6 | +0.064% | $18.5M | $33.1M | 100x | as long as short |
| OKX SKHYNIX-USDT-SWAP | 0.0000% | 8h | 1,359 | +0.018% | $51.0M | $149.2M | 50x | as long as short |
| SunX SKHYNIX-USDTshort | 0.0000% | 4h | 1,358.5 | −0.017% | $967 | $421K | 10x | |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,358.8 | +0.006% | $1.2M | $786K | 10x | as long as short |
Show all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SKHYNIX_USDT | +0.0064% | 4h | 1,359.5 | +0.057% | $138.7M | $79.4M | 75x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,359 | +0.019% | $125K | $476K | 10x | as long as short |
| KuCoin SKHYNIXUSDTMlong | +0.0100% | 4h | 1,358.8 | long leg | $5.1M | $8.3M | 20x | |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,359 | +0.016% | $5K | $1K | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,359.4 | +0.047% | $32K | — | 10x | as long as short |
| Aster SKHYNIXUSD1 | +0.0171% | 4h | 1,360 | +0.089% | $18.2M | $22.8M | 20x | as long as short |
| Bitget SKHYNIXUSDT | +0.0386% | 4h | 1,359.1 | +0.026% | $21.9M | $39.4M | 20x | as long as short |
| BloFin SKHYNIX-USDT | +0.0447% | 4h | 1,358.5 | −0.019% | $2.5M | $4.2M | 50x | as long as short |
| Binance SKHYNIXUSDT | +0.0493% | 4h | 1,358.7 | −0.003% | $325.7M | $1.04B | 50x | as long as short |
| Extended SKHYNIX-USD | +0.0496% | 1h | 1,358.3 | −0.035% | $2.3M | $85K | 10x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.1261% | 1h | 1,360.9 | +0.159% | $147K | $264K | 50x | as long as short |
| HTX SKHYNIX-USDT | +0.1288% | 4h | 1,361.8 | +0.223% | $1.3M | $3.0M | 50x | as long as short |
| GRVT SKHYNIX_USDT_Perp | +0.1830% | 4h | 1,362.1 | +0.245% | $99K | $209K | 10x | as long as short |
KuCoin SKHYNIXUSDTM
SunX SKHYNIX-USDT
Bullet SKHYNIX-USD
tradeXYZ xyz:SKHX
Polymarket Perps SKHYNIX-USD
SoDEX SKHX-USD
edgeX SKHYNIXUSDC
Aftermath Perps SKHYNIXUSD
Bybit SKHYNIXUSDT
OKX SKHYNIX-USDT-SWAP
Phemex SKHYNIXUSDT
Gate SKHYNIX_USDT
Pacifica SKHYNIX
Aster SKHYNIXUSD1
Bitget SKHYNIXUSDT
BloFin SKHYNIX-USDT
Binance SKHYNIXUSDT
Extended SKHYNIX-USD
ApeX Omni SKHYNIXUSDT
HTX SKHYNIX-USDT
GRVT SKHYNIX_USDT_Perp