Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h +0.042%
Price spread now: Binance against KuCoin−0.013%7-day average +0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$460.459% of the position
Funding, last 7 days+0.095%+$10 on $10k
+Price spread, last 7 days+0.038%+$4 · spread now −0.013%, 7d avg +0.017%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Binance is 0.030% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.017%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.095%, 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 | 1,410.7 | 0.0100 | pay 0.0050% / 4h | 33m 11s | $5.2M | $8.1M | 20x |
| Short | Binance SKHYNIXUSDT | 1,410.5 | 0 | get 0.0000% / 4h | 33m 11s | $349.6M | $751.3M | 50x |
KuCoin SKHYNIXUSDTM
Binance SKHYNIXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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: −0.013% → +0.017%
- −$2.98
- Slippage, 4 orders
- −$23.9
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$69.88
- Costs to cover
- 0.459%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Binance: live order book, 11 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 Binance live order book, 11 min ago | 0.04 bp | 5.1 bp −$5 | 6.7 bp −$67 | 13.5 bp −$1,350 | 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 | −0.038% | $3.5M | $373K | 10x | as long as short |
| BloFin SKHYNIX-USDT | −0.0004% | 4h | 1,410.5 | −0.010% | $2.7M | $4.1M | 50x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,410.7 | +0.001% | $18.8M | $39.8M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,410.4 | −0.021% | $2.4M | $71K | 10x | as long as short |
| Binance SKHYNIXUSDTshort | 0.0000% | 4h | 1,410.5 | −0.013% | $349.6M | $751.3M | 50x | |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,411.2 | +0.037% | $20.5M | $31.9M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,411.9 | +0.088% | $143.2M | $64.5M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,410.8 | +0.006% | $101K | $198K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,409.7 | −0.070% | $1K | $617K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,410.5 | −0.016% | $1.3M | $2.4M | 50x | as long as short |
edgeX SKHYNIXUSDC
BloFin SKHYNIX-USDT
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
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 | −0.020% | $1.2M | $766K | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0024% | 1h | 1,410.9 | +0.018% | $15K | $470K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0050% | 1h | 1,410.3 | −0.026% | $317.4M | $208.5M | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0050% | 1h | 1,411.1 | +0.030% | $276K | $1.0M | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,410.2 | −0.030% | $750 | $8K | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,410.8 | +0.009% | $128K | $386K | 10x | as long as short |
| KuCoin SKHYNIXUSDTMlong | +0.0100% | 4h | 1,410.7 | long leg | $5.2M | $8.1M | 20x | |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,410.8 | +0.006% | $147K | $260K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,410.7 | 0.000% | $5K | $798 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,411.4 | +0.050% | $33K | — | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0246% | 4h | 1,410.4 | −0.023% | $23.4M | $26.1M | 20x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0305% | 1h | 1,410.4 | −0.017% | $672 | $38K | 5x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0338% | 8h | 1,410.7 | +0.002% | $55.9M | $114.4M | 50x | as long as short |
Phemex SKHYNIXUSDT
Bullet SKHYNIX-USD
tradeXYZ xyz:SKHX
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