Funding you earn now, next payment 04:00 UTC−0.0233%/8h= −25.6% APRpaid last 24h −0.018%
Price spread now: KuCoin against OKX−0.018%7-day average −0.020% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$440.445% of the position
Funding, last 7 days−0.076%−$8 on $10k
+Price spread, last 7 days+0.038%+$4 · spread now −0.018%, 7d avg −0.020%
=The price spread sits at its 7-day average of −0.020%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.076% in total (about -4.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SKHYNIX-USDT-SWAP | 1,409.2 | 0.0333 | pay 0.0333% / 8h | 5h 48m | $55.9M | $114.1M | 50x |
| Short | KuCoin SKHYNIXUSDTM | 1,409 | 0.0100 | get 0.0050% / 4h | 1h 48m | $5.2M | $8.1M | 20x |
OKX SKHYNIX-USDT-SWAP
KuCoin SKHYNIXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against OKX. 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
- −$49.03
- Price spread: −0.018% → −0.020%
- $0.23
- Slippage, 4 orders
- −$22.48
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$93.28
- Costs to cover
- 0.445%
- Break-even
- never at this rate
Slippage from OKX: live order book, 6 min ago; KuCoin: live order book, 5 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 OKX live order book, 6 min ago | 0.35 bp | 5.4 bp −$5 | 7.0 bp −$70 | 20.9 bp −$2,085 | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 0.43 bp | 13.1 bp −$13 | 40.9 bp −$409 | doesn't fit | doesn't fit |
SKHYNIX on 22 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 | −0.0335% | 4h | 1,411.7 | +0.181% | $3.5M | $402K | 10x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,409 | −0.014% | $18.9M | $40.7M | 20x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,409.3 | +0.004% | $20.5M | $33.3M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,409.1 | −0.006% | $144.2M | $63.5M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,413.2 | +0.282% | $102K | $195K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,409.5 | +0.021% | $1K | $642K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,409.3 | +0.004% | $1.3M | $2.4M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,409.3 | +0.007% | $1.2M | $768K | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,409.2 | −0.003% | $750 | $8K | 10x | as long as short |
| Extended SKHYNIX-USD | +0.0064% | 1h | 1,408.7 | −0.039% | $2.4M | $71K | 10x | as long as short |
edgeX SKHYNIXUSDC
Aster SKHYNIXUSD1
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
SoDEX SKHX-USD
Extended SKHYNIX-USDShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SKHYNIXUSDT | +0.0067% | 4h | 1,408.6 | −0.042% | $351.6M | $743.6M | 50x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,408.8 | −0.026% | $126K | $389K | 10x | as long as short |
| KuCoin SKHYNIXUSDTMshort | +0.0100% | 4h | 1,409 | −0.018% | $5.2M | $8.1M | 20x | |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,412.4 | +0.224% | $147K | $261K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,409.1 | −0.005% | $5K | $798 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,409.6 | +0.031% | $33K | — | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0297% | 1h | 1,407.8 | −0.099% | $318.7M | $203.8M | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0324% | 1h | 1,409.3 | +0.007% | $15K | $466K | 10x | as long as short |
| OKX SKHYNIX-USDT-SWAPlong | +0.0333% | 8h | 1,409.2 | long leg | $55.9M | $114.1M | 50x | |
| Bitget SKHYNIXUSDT | +0.0338% | 4h | 1,409.1 | −0.006% | $23.8M | $25.7M | 20x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0351% | 1h | 1,409.4 | +0.014% | $276K | $1.0M | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0750% | 1h | 1,409.8 | +0.041% | $702 | $38K | 5x | as long as short |
Binance SKHYNIXUSDT
Pacifica SKHYNIX
ApeX Omni SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
tradeXYZ xyz:SKHX
Bullet SKHYNIX-USD
Bitget SKHYNIXUSDT
Polymarket Perps SKHYNIX-USD
Aftermath Perps SKHYNIXUSD