Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$0.50 per $10,000 · paid last 24h +0.041%
Price spread now: KuCoin against Gate−0.015%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$450.452% of the position
Funding, last 7 days+0.152%+$15 on $10k
+Price spread, last 7 days−0.005%$0 · spread now −0.015%, 7d avg −0.038%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.023% dearer against Gate than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.038%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SKHYNIX_USDT | 1,368.7 | 0 | get 0.0000% / 4h | 2h 07m | $143.4M | $76.4M | 75x |
| Short | KuCoin SKHYNIXUSDTM | 1,368.5 | 0.0100 | get 0.0050% / 4h | 2h 07m | $5.0M | $8.2M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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: −0.015% → −0.038%
- $2.32
- Slippage, 4 orders
- −$18.23
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$21.91
- Costs to cover
- 0.452%
- Break-even
- 14.3 days
Slippage from Gate: 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 Gate live order book, 1 min ago | 1.21 bp | 10.9 bp −$11 | 24.2 bp −$242 | 33.0 bp −$3,298 | 56.0 bp −$28.0K |
| Sell KuCoin live order book, 1 min ago | 0.04 bp | 13.6 bp −$14 | 52.6 bp −$526 | doesn't fit | 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 | −0.0034% | 4h | 1,364.9 | −0.280% | $3.3M | $430K | 10x | as long as short |
| BloFin SKHYNIX-USDT | −0.0017% | 4h | 1,366.2 | −0.180% | $2.6M | $4.1M | 50x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,369.1 | +0.028% | $18.6M | $37.0M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,368.3 | −0.027% | $2.3M | $78K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,368.6 | −0.006% | $337.3M | $888.4M | 50x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,369.5 | +0.056% | $19.6M | $31.4M | 100x | as long as short |
| Gate SKHYNIX_USDTlong | 0.0000% | 4h | 1,368.7 | long leg | $143.4M | $76.4M | 75x | |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,367.3 | −0.102% | $1K | $534K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,367.1 | −0.115% | $1.3M | $2.4M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,367.3 | −0.103% | $1.2M | $777K | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX SKHX-USD | +0.0050% | 1h | 1,366.9 | −0.135% | $727 | $8K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0075% | 1h | 1,368.1 | −0.045% | $296.9M | $249.6M | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,368.3 | −0.030% | $104K | $429K | 10x | as long as short |
| KuCoin SKHYNIXUSDTMshort | +0.0100% | 4h | 1,368.5 | −0.015% | $5.0M | $8.2M | 20x | |
| GRVT SKHYNIX_USDT_Perp | +0.0100% | 4h | 1,366.4 | −0.165% | $98K | $213K | 10x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,366.7 | −0.144% | $142K | $259K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,369.1 | +0.027% | $5K | $858 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,367.3 | −0.106% | $32K | — | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0217% | 1h | 1,363.6 | −0.370% | $670 | $37K | 5x | as long as short |
| Bullet SKHYNIX-USD | +0.0226% | 1h | 1,368.9 | +0.014% | $15K | $470K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0232% | 1h | 1,369 | +0.021% | $258K | $1.0M | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0264% | 4h | 1,369.3 | +0.042% | $22.7M | $32.2M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0369% | 8h | 1,368.6 | −0.008% | $53.8M | $126.8M | 50x | as long as short |
Gate SKHYNIX_USDT
KuCoin SKHYNIXUSDTM
edgeX SKHYNIXUSDC
BloFin SKHYNIX-USDT
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
Bybit SKHYNIXUSDT
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
SoDEX SKHX-USD
tradeXYZ xyz:SKHX
Pacifica SKHYNIX
GRVT SKHYNIX_USDT_Perp
ApeX Omni SKHYNIXUSDT
Aftermath Perps SKHYNIXUSD
Bullet SKHYNIX-USD
Polymarket Perps SKHYNIX-USD
Bitget SKHYNIXUSDT
OKX SKHYNIX-USDT-SWAP