Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRnext payment −$0.50 per $10,000 · paid last 24h −0.066%
Price spread now: SunX against KuCoin−0.030%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$880.884% of the position
Funding, last 7 days−0.287%−$29 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.030%, 7d avg +0.015%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.046% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.015%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SKHYNIXUSDTM | 1,412.6 | 0.0100 | pay 0.0050% / 4h | 1h 01m | $5.2M | $8.0M | 20x |
| Short | SunX SKHYNIX-USDT | 1,412.1 | 0 | get 0.0000% / 4h | 1h 01m | $1K | $631K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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: −0.030% → +0.015%
- −$4.56
- Slippage, 4 orders
- −$68.39
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$113.95
- Costs to cover
- 0.884%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 2 min ago; SunX: live order book, 30 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, 2 min ago | 0.43 bp | 11.4 bp −$11 | 37.2 bp −$372 | doesn't fit | doesn't fit |
| Sell SunX live order book, 30 min ago | 28.04 bp | 32.0 bp −$32 | doesn't fit | 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 | −0.0489% | 4h | 1,411.4 | −0.080% | $3.5M | $394K | 10x | as long as short |
| BloFin SKHYNIX-USDT | −0.0032% | 4h | 1,412.5 | −0.004% | $2.7M | $4.1M | 50x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,412 | −0.040% | $18.9M | $39.8M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,412.1 | −0.033% | $2.4M | $71K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,412.6 | +0.006% | $350.7M | $751.9M | 50x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,413.3 | +0.052% | $20.5M | $32.7M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,413.4 | +0.058% | $144.1M | $65.1M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,411.6 | −0.066% | $102K | $196K | 10x | as long as short |
| SunX SKHYNIX-USDTshort | 0.0000% | 4h | 1,412.1 | −0.030% | $1K | $631K | 10x | |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,413.6 | +0.074% | $1.3M | $2.4M | 50x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,412.9 | +0.023% | $1.2M | $768K | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,412.1 | −0.033% | $751 | $8K | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,412.4 | −0.011% | $127K | $385K | 10x | as long as short |
| KuCoin SKHYNIXUSDTMlong | +0.0100% | 4h | 1,412.6 | long leg | $5.2M | $8.0M | 20x | |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,411.5 | −0.073% | $147K | $261K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,412.3 | −0.021% | $5K | $798 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,412.9 | +0.026% | $33K | — | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0110% | 1h | 1,412 | −0.040% | $318.5M | $205.5M | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0146% | 1h | 1,412.5 | −0.004% | $15K | $469K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0165% | 1h | 1,412.1 | −0.033% | $277K | $1.0M | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0302% | 4h | 1,413 | +0.032% | $23.5M | $26.0M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0337% | 8h | 1,413.3 | +0.052% | $56.2M | $114.8M | 50x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0412% | 1h | 1,410.9 | −0.116% | $673 | $38K | 5x | as long as short |
KuCoin SKHYNIXUSDTM
SunX SKHYNIX-USDT
edgeX SKHYNIXUSDC
BloFin SKHYNIX-USDT
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
SoDEX SKHX-USD
Pacifica SKHYNIX
ApeX Omni SKHYNIXUSDT
tradeXYZ xyz:SKHX
Bullet SKHYNIX-USD
Polymarket Perps SKHYNIX-USD
Bitget SKHYNIXUSDT
OKX SKHYNIX-USDT-SWAP
Aftermath Perps SKHYNIXUSD