Funding you earn now, next payment 04:00 UTC−0.0112%/8h= −12.3% APRnext payment −$0.56 per $10,000 · paid last 24h −0.043%
Price spread now: KuCoin against Binance−0.046%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$54as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$440.442% of the position
Funding, last 7 days−0.096%−$10 on $10k
+Price spread, last 2 days (all we have)+0.063%+$6 · spread now −0.046%, 7d avg +0.018%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and KuCoin is 0.064% cheaper against Binance than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.018%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SKHYNIXUSDT | 1,412.8 | 0.0212 | pay 0.0106% / 4h | 2h 58m | $354.3M | $744.2M | 50x |
| Short | KuCoin SKHYNIXUSDTM | 1,412.2 | 0.0100 | get 0.0050% / 4h | 2h 58m | $5.2M | $8.2M | 20x |
Binance SKHYNIXUSDT
KuCoin SKHYNIXUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Binance. 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
- −$23.57
- Price spread: −0.046% → +0.018%
- −$6.36
- Slippage, 4 orders
- −$22.19
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$74.12
- Costs to cover
- 0.442%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; KuCoin: live order book, 4 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 Binance live order book, 15 min ago | 0.04 bp | 5.2 bp −$5 | 6.3 bp −$63 | 14.0 bp −$1,403 | doesn't fit |
| Sell KuCoin live order book, 4 min ago | 0.43 bp | 11.6 bp −$12 | 41.4 bp −$414 | 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 | −0.0718% | 4h | 1,412.8 | −0.001% | $3.5M | $435K | 10x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,413.9 | +0.079% | $20.6M | $33.1M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,413.4 | +0.043% | $143.1M | $62.0M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,412.8 | +0.002% | $102K | $197K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,414.2 | +0.102% | $974 | $712K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,414.2 | +0.102% | $1.3M | $2.2M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,413.1 | +0.023% | $1.2M | $769K | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,413.2 | +0.026% | $752 | $8K | 10x | as long as short |
| Aster SKHYNIXUSD1 | +0.0086% | 4h | 1,413.1 | +0.023% | $18.9M | $41.9M | 20x | as long as short |
| KuCoin SKHYNIXUSDTMshort | +0.0100% | 4h | 1,412.2 | −0.046% | $5.2M | $8.2M | 20x |
edgeX SKHYNIXUSDC
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
SoDEX SKHX-USD
Aster SKHYNIXUSD1Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,412.7 | −0.005% | $147K | $262K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,413.2 | +0.029% | $5K | $798 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,414.2 | +0.102% | $33K | — | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0126% | 1h | 1,414.1 | +0.092% | $15K | $467K | 10x | as long as short |
| BloFin SKHYNIX-USDT | +0.0186% | 4h | 1,412.6 | −0.015% | $2.6M | $4.2M | 50x | as long as short |
| Binance SKHYNIXUSDTlong | +0.0212% | 4h | 1,412.8 | long leg | $354.3M | $744.2M | 50x | |
| Extended SKHYNIX-USD | +0.0216% | 1h | 1,412.6 | −0.016% | $2.4M | $182K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0247% | 1h | 1,413.8 | +0.071% | $294K | $927K | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0254% | 4h | 1,413.5 | +0.051% | $24.0M | $25.2M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0277% | 8h | 1,413.9 | +0.078% | $54.5M | $111.1M | 50x | as long as short |
| tradeXYZ xyz:SKHX | +0.0332% | 1h | 1,412.3 | −0.035% | $329.7M | $192.9M | 10x | as long as short |
| Pacifica SKHYNIX | +0.0467% | 1h | 1,413.5 | +0.051% | $135K | $385K | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.2017% | 1h | 1,413.1 | +0.020% | $704 | $38K | 5x | as long as short |
ApeX Omni SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
Bullet SKHYNIX-USD
BloFin SKHYNIX-USDT
Extended SKHYNIX-USD
Polymarket Perps SKHYNIX-USD
Bitget SKHYNIXUSDT
OKX SKHYNIX-USDT-SWAP
tradeXYZ xyz:SKHX
Pacifica SKHYNIX
Aftermath Perps SKHYNIXUSD