Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.025%
Price spread now: tradeXYZ against KuCoin+0.045%7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$560.563% of the position
Funding, last 7 days+0.081%+$8 on $10k
+Price spread, last 7 days−0.118%−$12 · spread now +0.045%, 7d avg −0.033%
=Together, before fees−0.037%+ Points / potential airdroptradeXYZ: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.079% dearer against KuCoin than usual: you sell high and buy low (spread +0.045% now, against its 7-day average of −0.033%): +$8 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.2 days. Mind the row above: over the last 7 days funding on this pair paid +0.081%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SKHYNIXUSDTM | 1,410.1 | 0.0100 | pay 0.0050% / 4h | 32m 35s | $5.2M | $8.1M | 20x |
| Short | tradeXYZ xyz:SKHX | 1,410.7 | 0.0050 | get 0.0006% / 1h | 32m 35s | $317.5M | $208.5M | 10x |
KuCoin SKHYNIXUSDTM
tradeXYZ xyz:SKHXFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$10.5
- Price spread: +0.045% → −0.033%
- $7.86
- Slippage, 4 orders
- −$26.25
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$58.9
- Costs to cover
- 0.563%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; tradeXYZ: live order book, 8 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 | 0.43 bp | 12.1 bp −$12 | 34.9 bp −$349 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 0.35 bp | 9.4 bp −$9 | 10.0 bp −$100 | 15.2 bp −$1,521 | 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 | −0.0760% | 4h | 1,410.1 | +0.005% | $3.5M | $373K | 10x | as long as short |
| BloFin SKHYNIX-USDT | −0.0004% | 4h | 1,410.5 | +0.033% | $2.7M | $4.1M | 50x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,410.2 | +0.008% | $18.8M | $39.8M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,409.9 | −0.010% | $2.4M | $71K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,410.7 | +0.042% | $349.6M | $750.8M | 50x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,411.6 | +0.111% | $20.5M | $31.9M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,411.3 | +0.088% | $143.2M | $64.5M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,410.8 | +0.049% | $101K | $198K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,409.7 | −0.027% | $1K | $617K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,410.5 | +0.028% | $1.3M | $2.4M | 50x | as long as short |
edgeX SKHYNIXUSDC
BloFin SKHYNIX-USDT
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
Bybit 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 | 1,410.4 | +0.023% | $1.2M | $766K | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0024% | 1h | 1,410.9 | +0.061% | $15K | $470K | 10x | as long as short |
| tradeXYZ xyz:SKHXshort | +0.0050% | 1h | 1,410.7 | +0.045% | $317.5M | $208.5M | 10x | |
| Polymarket Perps SKHYNIX-USD | +0.0050% | 1h | 1,410.8 | +0.052% | $276K | $1.0M | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,410.2 | +0.013% | $750 | $8K | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,410.4 | +0.024% | $128K | $386K | 10x | as long as short |
| KuCoin SKHYNIXUSDTMlong | +0.0100% | 4h | 1,410.1 | long leg | $5.2M | $8.1M | 20x | |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,410.8 | +0.050% | $147K | $260K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,410.7 | +0.043% | $5K | $798 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,411.4 | +0.093% | $33K | — | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0244% | 4h | 1,410.9 | +0.062% | $23.4M | $26.1M | 20x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0305% | 1h | 1,410.4 | +0.026% | $672 | $38K | 5x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0338% | 8h | 1,411.2 | +0.081% | $55.9M | $114.4M | 50x | as long as short |
Phemex SKHYNIXUSDT
Bullet SKHYNIX-USD
Polymarket Perps SKHYNIX-USD
SoDEX SKHX-USD
Pacifica SKHYNIX
ApeX Omni SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
Bitget SKHYNIXUSDT
Aftermath Perps SKHYNIXUSD
OKX SKHYNIX-USDT-SWAP