Funding you earn now, next payment 12:00 UTC+0.0106%/8h= +11.6% APRnext payment +$0.53 per $10,000 · paid last 24h −0.006%
Price spread now: BloFin against KuCoin+0.049%80s7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$380.385% of the position
Funding, last 7 days+0.043%+$4 on $10k
+Price spread, last 4 days (all we have)−0.180%−$18 · spread now +0.049%, 7d avg +0.013%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and BloFin 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 +0.013%. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin SKHYNIXUSDTM | 1,334.4 | −0.0552 | get 0.0276% / 4h | 3h 33m | $5.1M | $8.3M | 20x |
| Short | BloFin SKHYNIX-USDT | 1,335 | −0.0446 | pay 0.0223% / 4h | 3h 33m | $2.5M | $4.0M | 50x |
KuCoin SKHYNIXUSDTM
BloFin SKHYNIX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $22.16
- Price spread: +0.049% → +0.013%
- $3.54
- Slippage, 4 orders
- −$14.45
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$12.75
- Costs to cover
- 0.385%
- Break-even
- 11.0 days
Slippage from KuCoin: live order book, 4 min ago; BloFin: 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 KuCoin live order book, 4 min ago | 0.93 bp | 14.2 bp −$14 | 34.7 bp −$347 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 4 min ago | 0.04 bp | 6.0 bp −$6 | 8.9 bp −$89 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT SKHYNIX_USDT_Perp | −0.4064% | 4h | 1,337.1 | +0.206% | $97K | $226K | 10x | as long as short |
| HTX SKHYNIX-USDT | −0.3123% | 4h | 1,336.6 | +0.172% | $1.2M | $2.6M | 50x | as long as short |
| ApeX Omni SKHYNIXUSDT | −0.1152% | 1h | 1,338.2 | +0.289% | $139K | $259K | 50x | as long as short |
| SunX SKHYNIX-USDT | −0.0893% | 4h | 1,335.1 | +0.055% | $963 | $449K | 10x | as long as short |
| edgeX SKHYNIXUSDC | −0.0652% | 4h | 1,336.1 | +0.132% | $3.3M | $429K | 10x | as long as short |
| KuCoin SKHYNIXUSDTMlong | −0.0552% | 4h | 1,334.4 | long leg | $5.1M | $8.3M | 20x | |
| Binance SKHYNIXUSDT | −0.0482% | 4h | 1,334.4 | +0.005% | $324.1M | $977.5M | 50x | as long as short |
| Extended SKHYNIX-USD | −0.0480% | 1h | 1,334.4 | +0.005% | $2.3M | $85K | 10x | as long as short |
| Bybit SKHYNIXUSDT | −0.0451% | 8h | 1,334.7 | +0.029% | $18.6M | $30.8M | 100x | as long as short |
| BloFin SKHYNIX-USDTshort | −0.0446% | 4h | 1,335 | +0.049% | $2.5M | $4.0M | 50x |
GRVT SKHYNIX_USDT_Perp
HTX SKHYNIX-USDT
ApeX Omni SKHYNIXUSDT
SunX SKHYNIX-USDT
edgeX SKHYNIXUSDC
Binance SKHYNIXUSDT
Extended SKHYNIX-USD
Bybit SKHYNIXUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYNIXUSD1 | −0.0253% | 4h | 1,340.8 | +0.484% | $18.2M | $26.5M | 20x | as long as short |
| Bitget SKHYNIXUSDT | −0.0188% | 4h | 1,335.5 | +0.083% | $21.4M | $36.0M | 20x | as long as short |
| Aftermath Perps SKHYNIXUSD | −0.0181% | 1h | 1,334.4 | +0.007% | $679 | $35K | 5x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,335.5 | +0.083% | $138.2M | $75.3M | 75x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,336.7 | +0.179% | $1.2M | $779K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0050% | 1h | 1,330.8 | −0.266% | $249K | $974K | 10x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,336 | +0.120% | $5K | $1K | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,334.1 | −0.016% | $31K | — | 10x | as long as short |
| Pacifica SKHYNIX | +0.0285% | 1h | 1,333.9 | −0.030% | $100K | $437K | 10x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0349% | 8h | 1,334.7 | +0.026% | $51.7M | $130.4M | 50x | as long as short |
| SoDEX SKHX-USD | +0.0389% | 1h | 1,334.2 | −0.014% | $390 | $8K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0727% | 1h | 1,333.1 | −0.094% | $296.3M | $277.7M | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0938% | 1h | 1,333.9 | −0.034% | $13K | $466K | 10x | as long as short |
Aster SKHYNIXUSD1
Bitget SKHYNIXUSDT
Aftermath Perps SKHYNIXUSD
Gate SKHYNIX_USDT
Phemex SKHYNIXUSDT
Polymarket Perps SKHYNIX-USD
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
Pacifica SKHYNIX
OKX SKHYNIX-USDT-SWAP
SoDEX SKHX-USD
tradeXYZ xyz:SKHX
Bullet SKHYNIX-USD