Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.004%
Price spread now: Bybit against ApeX Omni−0.078%69s7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as 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−$400.403% of the position
Funding, last 7 days−0.241%−$24 on $10k
+Price spread, last 4 days (all we have)−0.247%−$25 · spread now −0.078%, 7d avg −0.014%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bybit is 0.064% cheaper against ApeX Omni than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.014%). Swap the legs. The two prices were read 69 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 | ApeX Omni SKHYNIXUSDT | 1,351.2 | 0.0100 | pay 0.0013% / 1h | 12m 21s | $141K | $259K | 50x |
| Short | Bybit SKHYNIXUSDT | 1,350.1 | 0 | get 0.0000% / 8h | 12m 21s | $19.0M | $30.9M | 100x |
ApeX Omni SKHYNIXUSDT
Bybit SKHYNIXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against ApeX Omni. 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: −0.078% → −0.014%
- −$6.38
- Slippage, 4 orders
- −$19.28
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$67.66
- Costs to cover
- 0.403%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 24 min ago; Bybit: live order book, 1 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 ApeX Omni live order book, 24 min ago | 8.50 bp | 13.9 bp −$14 | 35.1 bp −$351 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.04 bp | 6.6 bp −$7 | 12.1 bp −$121 | 45.6 bp −$4,557 | 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 | −0.0103% | 4h | 1,350.6 | −0.043% | $3.3M | $431K | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | −0.0056% | 1h | 1,350.1 | −0.078% | $662 | $35K | 5x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,351.6 | +0.033% | $18.4M | $29.5M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,349.9 | −0.091% | $2.3M | $78K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,350.3 | −0.064% | $328.3M | $955.2M | 50x | as long as short |
| Bybit SKHYNIXUSDTshort | 0.0000% | 8h | 1,350.1 | −0.078% | $19.0M | $30.9M | 100x | |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,350.6 | −0.047% | $140.3M | $77.4M | 75x | as long as short |
| Bitget SKHYNIXUSDT | 0.0000% | 4h | 1,350.3 | −0.066% | $21.7M | $34.5M | 20x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,351.1 | −0.003% | $98K | $222K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,350.3 | −0.063% | $953 | $471K | 10x | as long as short |
edgeX SKHYNIXUSDC
Aftermath Perps SKHYNIXUSD
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
Gate SKHYNIX_USDT
Bitget SKHYNIXUSDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,351.4 | +0.019% | $1.3M | $2.5M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,350 | −0.091% | $1.2M | $780K | 10x | as long as short |
| BloFin SKHYNIX-USDT | +0.0053% | 4h | 1,351 | −0.011% | $2.5M | $4.1M | 50x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,350.1 | −0.080% | $102K | $433K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,350 | −0.086% | $5.0M | $8.3M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDTlong | +0.0100% | 1h | 1,351.2 | long leg | $141K | $259K | 50x | |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,350.9 | −0.018% | $5K | $1K | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,350.4 | −0.055% | $32K | — | 10x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0378% | 8h | 1,349.7 | −0.110% | $52.2M | $131.1M | 50x | as long as short |
| SoDEX SKHX-USD | +0.0729% | 1h | 1,349.6 | −0.121% | $248 | $8K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0833% | 1h | 1,348.6 | −0.191% | $295.7M | $269.9M | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.1033% | 1h | 1,349.9 | −0.095% | $252K | $974K | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.1085% | 1h | 1,349.8 | −0.102% | $15K | $467K | 10x | as long as short |
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
BloFin SKHYNIX-USDT
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
OKX SKHYNIX-USDT-SWAP
SoDEX SKHX-USD
tradeXYZ xyz:SKHX
Polymarket Perps SKHYNIX-USD
Bullet SKHYNIX-USD