Funding you earn now, next payment 03:00 UTC+0.0368%/8h= +40.3% APRpaid last 24h −0.075%
Price spread now: Bullet against Aster−0.021%7-day average +0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$220.222% of the position
Funding, last 3 days (all we have)−0.067%−$7 on $10k
+Price spread, last 4 days (all we have)+1.083%+$108 · spread now −0.021%, 7d avg +0.011%
=Together, before fees+1.016%+ Points / potential airdropAster: Stage 5 · farm board+$102 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bullet is 0.032% cheaper against Aster than usual: you would sell low and buy high (spread −0.021% now, against its 7-day average of +0.011%). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$11 a day). Mind the row above: over the last 3 days funding on this pair cost −0.067%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.067% in total (about -7.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SKHYNIXUSD1 | 1,412.3 | 0 | get 0.0000% / 4h | 1h 56m | $19.0M | $40.7M | 20x |
| Short | Bullet SKHYNIX-USD | 1,412 | 0.0368 | get 0.0046% / 1h | 56m 14s | $15K | $466K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Aster. 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
- $77.19
- Price spread: −0.021% → +0.011%
- −$3.19
- Slippage, 4 orders
- −$6.18
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- $51.82
- Costs to cover
- 0.222%
- Break-even
- 2.3 days
Slippage from Aster: live order book, 3 min ago; Bullet: live order book, 8 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 Aster live order book, 3 min ago | 0.35 bp | 4.8 bp −$5 | 6.2 bp −$62 | doesn't fit | doesn't fit |
| Sell Bullet live order book, 8 min ago | 0.35 bp | 6.1 bp −$6 | 20.1 bp −$201 | doesn't fit | doesn't fit |
SKHYNIX on 22 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 | −0.0132% | 4h | 1,410.6 | −0.122% | $3.5M | $404K | 10x | as long as short |
| Aster SKHYNIXUSD1long | 0.0000% | 4h | 1,412.3 | long leg | $19.0M | $40.7M | 20x | |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,412.7 | +0.028% | $20.5M | $33.3M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,412.7 | +0.027% | $143.3M | $62.9M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,411.7 | −0.041% | $102K | $195K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,413.2 | +0.066% | $1K | $645K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,410.1 | −0.156% | $1.3M | $2.4M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,412.1 | −0.013% | $1.2M | $768K | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,412 | −0.021% | $751 | $8K | 10x | as long as short |
| Binance SKHYNIXUSDT | +0.0063% | 4h | 1,411.9 | −0.029% | $352.4M | $744.1M | 50x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SKHYNIX-USD | +0.0064% | 1h | 1,411.4 | −0.060% | $2.4M | $71K | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,412.2 | −0.007% | $127K | $391K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,412 | −0.020% | $5.2M | $8.1M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,411.7 | −0.045% | $147K | $262K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,412.9 | +0.043% | $5K | $798 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,412.8 | +0.032% | $33K | — | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0314% | 4h | 1,412.2 | −0.007% | $23.8M | $25.8M | 20x | as long as short |
| tradeXYZ xyz:SKHX | +0.0318% | 1h | 1,411.4 | −0.064% | $319.5M | $204.5M | 10x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0321% | 8h | 1,412.9 | +0.042% | $56.1M | $114.5M | 50x | as long as short |
| Bullet SKHYNIX-USDshort | +0.0368% | 1h | 1,412 | −0.021% | $15K | $466K | 10x | |
| Polymarket Perps SKHYNIX-USD | +0.0403% | 1h | 1,412 | −0.021% | $277K | $1.0M | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0813% | 1h | 1,409.9 | −0.172% | $751 | $38K | 5x | as long as short |
Aster SKHYNIXUSD1
Bullet SKHYNIX-USD
edgeX SKHYNIXUSDC
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
SoDEX SKHX-USD
Binance SKHYNIXUSDT
Extended SKHYNIX-USD
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Bitget SKHYNIXUSDT
tradeXYZ xyz:SKHX
OKX SKHYNIX-USDT-SWAP
Polymarket Perps SKHYNIX-USD
Aftermath Perps SKHYNIXUSD