Funding you earn now, next payment 04:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: KuCoin against Bybit−0.086%7-day average −0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$23as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$410.414% of the position
Funding, last 7 days+0.186%+$19 on $10k
+Price spread, last 7 days+0.107%+$11 · spread now −0.086%, 7d avg −0.018%
=Funding pays, the price is against you. KuCoin is 0.068% cheaper against Bybit than usual: you would sell low and buy high (spread −0.086% now, against its 7-day average of −0.018%). If the spread goes back, that is −$7 on $10k: about 2.3 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SKHYNIXUSDT | 1,409.8 | 0 | get 0.0000% / 8h | 5h 23m | $20.5M | $33.0M | 100x |
| Short | KuCoin SKHYNIXUSDTM | 1,408.6 | 0.0100 | get 0.0050% / 4h | 1h 23m | $5.2M | $8.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Bybit. 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: −0.086% → −0.018%
- −$6.77
- Slippage, 4 orders
- −$18.36
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$27.13
- Costs to cover
- 0.414%
- Break-even
- 16.0 days
Slippage from Bybit: live order book, 1 min ago; KuCoin: 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 Bybit live order book, 1 min ago | 0.04 bp | 7.2 bp −$7 | 10.1 bp −$101 | 55.2 bp −$5,522 | doesn't fit |
| Sell KuCoin live order book, 5 min ago | 0.43 bp | 9.8 bp −$10 | 35.1 bp −$351 | 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 | −0.0254% | 4h | 1,407.2 | −0.185% | $3.5M | $396K | 10x | as long as short |
| BloFin SKHYNIX-USDT | −0.0022% | 4h | 1,408.9 | −0.062% | $2.7M | $4.1M | 50x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,408 | −0.128% | $18.9M | $39.9M | 20x | as long as short |
| Bybit SKHYNIXUSDTlong | 0.0000% | 8h | 1,409.8 | long leg | $20.5M | $33.0M | 100x | |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,409.9 | +0.008% | $143.9M | $64.3M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,407.3 | −0.181% | $102K | $194K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,407.5 | −0.165% | $1K | $640K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,407.3 | −0.176% | $1.3M | $2.4M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,409.6 | −0.014% | $1.2M | $768K | 10x | as long as short |
| Binance SKHYNIXUSDT | +0.0013% | 4h | 1,408.9 | −0.062% | $351.2M | $749.8M | 50x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SKHYNIX-USD | +0.0016% | 1h | 1,408.5 | −0.097% | $2.4M | $71K | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,408.8 | −0.070% | $750 | $8K | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,408.1 | −0.122% | $126K | $389K | 10x | as long as short |
| KuCoin SKHYNIXUSDTMshort | +0.0100% | 4h | 1,408.6 | −0.086% | $5.2M | $8.1M | 20x | |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,407.1 | −0.196% | $147K | $261K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,408.9 | −0.065% | $5K | $798 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,409.6 | −0.019% | $33K | — | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0153% | 1h | 1,408.5 | −0.094% | $317.5M | $205.3M | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0196% | 1h | 1,409 | −0.060% | $14K | $467K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0215% | 1h | 1,408.6 | −0.087% | $276K | $1.0M | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0332% | 4h | 1,409.7 | −0.010% | $23.4M | $26.0M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0335% | 8h | 1,409.8 | −0.001% | $55.9M | $114.5M | 50x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0548% | 1h | 1,407.8 | −0.141% | $671 | $38K | 5x | as long as short |
Bybit SKHYNIXUSDT
KuCoin SKHYNIXUSDTM
edgeX SKHYNIXUSDC
BloFin SKHYNIX-USDT
Aster SKHYNIXUSD1
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
Binance SKHYNIXUSDT
Extended SKHYNIX-USD
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