Funding you earn now, next payment 04:00 UTC+0.0230%/8h= +25.2% APRnext payment +$1.15 per $10,000 · paid last 24h +0.032%
Price spread now: Bitget against KuCoin+0.076%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$420.418% of the position
Funding, last 7 days+0.108%+$11 on $10k
+Price spread, last 7 days−0.066%−$7 · spread now +0.076%, 7d avg +0.041%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bitget is 0.035% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.041%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.108% in total (about 5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.15 per $10,000. 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 | KuCoin SKHYNIXUSDTM | 1,408 | 0.0100 | pay 0.0050% / 4h | 1h 24m | $5.2M | $8.1M | 20x |
| Short | Bitget SKHYNIXUSDT | 1,409.1 | 0.0330 | get 0.0165% / 4h | 1h 24m | $23.4M | $26.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $48.3
- Price spread: +0.076% → +0.041%
- $3.53
- Slippage, 4 orders
- −$17.79
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $10.04
- Costs to cover
- 0.418%
- Break-even
- 5.5 days
Slippage from KuCoin: live order book, 4 min ago; Bitget: 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 KuCoin live order book, 4 min ago | 0.43 bp | 17.9 bp −$18 | 54.7 bp −$547 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 0.39 bp | 7.0 bp −$7 | 14.4 bp −$144 | 18.7 bp −$1,867 | 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 | −0.0977% | 4h | 1,406.8 | −0.089% | $3.5M | $396K | 10x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,407.9 | −0.010% | $18.9M | $39.9M | 20x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,409.2 | +0.080% | $20.5M | $33.0M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,409.1 | +0.076% | $143.8M | $64.3M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,407.3 | −0.055% | $102K | $194K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,407.5 | −0.039% | $1K | $640K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,407.3 | −0.050% | $1.3M | $2.4M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,408.7 | +0.045% | $1.2M | $768K | 10x | as long as short |
| Binance SKHYNIXUSDT | +0.0013% | 4h | 1,408.5 | +0.029% | $351.1M | $749.7M | 50x | as long as short |
| Extended SKHYNIX-USD | +0.0016% | 1h | 1,407.5 | −0.038% | $2.4M | $71K | 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 | 1,408.3 | +0.021% | $749 | $8K | 10x | as long as short |
| BloFin SKHYNIX-USDT | +0.0074% | 4h | 1,407.7 | −0.026% | $2.7M | $4.1M | 50x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,407.4 | −0.047% | $126K | $389K | 10x | as long as short |
| KuCoin SKHYNIXUSDTMlong | +0.0100% | 4h | 1,408 | long leg | $5.2M | $8.1M | 20x | |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,407.6 | −0.030% | $147K | $261K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,407.1 | −0.067% | $5K | $798 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,408.3 | +0.016% | $33K | — | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0154% | 1h | 1,407.8 | −0.017% | $317.4M | $205.2M | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0196% | 1h | 1,407.8 | −0.017% | $14K | $467K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0214% | 1h | 1,407.1 | −0.067% | $276K | $1.0M | 10x | as long as short |
| Bitget SKHYNIXUSDTshort | +0.0330% | 4h | 1,409.1 | +0.076% | $23.4M | $26.0M | 20x | |
| OKX SKHYNIX-USDT-SWAP | +0.0335% | 8h | 1,409.3 | +0.089% | $55.8M | $114.5M | 50x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0557% | 1h | 1,407.1 | −0.064% | $671 | $38K | 5x | as long as short |
KuCoin SKHYNIXUSDTM
Bitget SKHYNIXUSDT
edgeX SKHYNIXUSDC
Aster SKHYNIXUSD1
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
Binance SKHYNIXUSDT
Extended SKHYNIX-USD
SoDEX SKHX-USD
BloFin SKHYNIX-USDT
Pacifica SKHYNIX
ApeX Omni SKHYNIXUSDT
tradeXYZ xyz:SKHX
Bullet SKHYNIX-USD
Polymarket Perps SKHYNIX-USD
OKX SKHYNIX-USDT-SWAP
Aftermath Perps SKHYNIXUSD