Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.058%
Price spread now: KuCoin against Phemex−0.047%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1121.121% of the position
Funding, last 7 days+0.224%+$22 on $10k
+Price spread, last 4 days (all we have)+0.101%+$10 · spread now −0.047%, 7d avg −0.039%
=The price spread sits at its 7-day average of −0.039%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SKHYNIXUSDT | 1,352.8 | 0 | get 0.0000% / 8h | 6h 09m | $1.2M | $784K | 10x |
| Short | KuCoin SKHYNIXUSDTM | 1,352.1 | 0.0100 | get 0.0050% / 4h | 2h 09m | $5.1M | $8.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Phemex. 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: −0.047% → −0.039%
- −$0.76
- Slippage, 4 orders
- −$88.14
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$91.9
- Costs to cover
- 1.121%
- Break-even
- 37.6 days
Slippage from Phemex: live order book, 1 min ago; KuCoin: 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 Phemex live order book, 1 min ago | 1.18 bp | 38.3 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 1 min ago | 0.44 bp | 9.0 bp −$9 | 39.0 bp −$390 | 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SKHX | −0.0665% | 1h | 1,353.5 | +0.055% | $297.0M | $297.1M | 10x | as long as short |
| Bullet SKHYNIX-USD | −0.0579% | 1h | 1,353.1 | +0.026% | $14K | $466K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | −0.0429% | 1h | 1,352.8 | +0.003% | $241K | $974K | 10x | as long as short |
| edgeX SKHYNIXUSDC | −0.0409% | 4h | 1,351.4 | −0.104% | $3.3M | $431K | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | −0.0252% | 1h | 1,353.2 | +0.029% | $744 | $34K | 5x | as long as short |
| SoDEX SKHX-USD | −0.0227% | 1h | 1,353.1 | +0.021% | $395 | $8K | 10x | as long as short |
| Pacifica SKHYNIX | −0.0049% | 1h | 1,352.7 | −0.004% | $109K | $465K | 10x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,351.5 | −0.095% | $18.1M | $22.9M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,352.2 | −0.040% | $2.3M | $85K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,352.5 | −0.017% | $326.0M | $1.02B | 50x | as long as short |
Show all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,353.4 | +0.044% | $18.5M | $32.1M | 100x | as long as short |
| OKX SKHYNIX-USDT-SWAP | 0.0000% | 8h | 1,352.7 | −0.004% | $51.2M | $142.6M | 50x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,353.6 | +0.065% | $139.8M | $79.2M | 75x | as long as short |
| Bitget SKHYNIXUSDT | 0.0000% | 4h | 1,353.1 | +0.025% | $21.5M | $38.3M | 20x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,352.8 | +0.004% | $1K | $427K | 10x | as long as short |
| Phemex SKHYNIXUSDTlong | 0.0000% | 8h | 1,352.8 | long leg | $1.2M | $784K | 10x | |
| BloFin SKHYNIX-USDT | +0.0047% | 4h | 1,352.6 | −0.009% | $2.5M | $4.2M | 50x | as long as short |
| KuCoin SKHYNIXUSDTMshort | +0.0100% | 4h | 1,352.1 | −0.047% | $5.1M | $8.3M | 20x | |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,352.7 | −0.001% | $5K | $1K | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,353.4 | +0.050% | $32K | — | 10x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0174% | 1h | 1,353 | +0.014% | $141K | $260K | 50x | as long as short |
| HTX SKHYNIX-USDT | +0.0324% | 4h | 1,353.2 | +0.031% | $1.3M | $2.8M | 50x | as long as short |
| GRVT SKHYNIX_USDT_Perp | +0.0754% | 4h | 1,352.5 | −0.019% | $98K | $212K | 10x | as long as short |
Phemex SKHYNIXUSDT
KuCoin SKHYNIXUSDTM
tradeXYZ xyz:SKHX
Bullet SKHYNIX-USD
Polymarket Perps SKHYNIX-USD
edgeX SKHYNIXUSDC
Aftermath Perps SKHYNIXUSD
SoDEX SKHX-USD
Pacifica SKHYNIX
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
Bybit SKHYNIXUSDT
OKX SKHYNIX-USDT-SWAP
Gate SKHYNIX_USDT
Bitget SKHYNIXUSDT
SunX SKHYNIX-USDT
BloFin SKHYNIX-USDT
ApeX Omni SKHYNIXUSDT
HTX SKHYNIX-USDT
GRVT SKHYNIX_USDT_Perp