Funding you earn now, next payment 01:00 UTC−0.0125%/8h= −13.7% APRpaid last 24h −0.063%
Price spread now: ApeX Omni against Binance+0.199%59s7-day average +0.044% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as 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−$350.345% of the position
Funding, last 7 days+0.052%+$5 on $10k
+Price spread, last 2 days (all we have)−0.170%−$17 · spread now +0.199%, 7d avg +0.044%
=The price spread pays, funding is against you. ApeX Omni is 0.154% dearer against Binance than usual: you sell high and buy low (spread +0.199% now, against its 7-day average of +0.044%): +$15 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 4.1 days. Mind the row above: over the last 7 days funding on this pair paid +0.052%, so the current rate has only just turned against you. The two prices were read 59 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 | Binance SKHYNIXUSDT | 1,412.6 | 0.0225 | pay 0.0113% / 4h | 3h 02m | $354.1M | $739.7M | 50x |
| Short | ApeX Omni SKHYNIXUSDT | 1,415.4 | 0.0100 | get 0.0013% / 1h | 2m 32s | $148K | $262K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- −$26.31
- Price spread: +0.199% → +0.044%
- $15.44
- Slippage, 4 orders
- −$14.54
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$45.42
- Costs to cover
- 0.345%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; ApeX Omni: 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, 11 min ago | 0.04 bp | 5.2 bp −$5 | 6.3 bp −$63 | 14.0 bp −$1,403 | doesn't fit |
| Sell ApeX Omni live order book, 4 min ago | 6.97 bp | 12.4 bp −$12 | 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 | −0.0257% | 4h | 1,413.9 | +0.088% | $3.5M | $434K | 10x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,413.7 | +0.080% | $20.6M | $33.1M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,413.5 | +0.064% | $143.2M | $65.3M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,415 | +0.167% | $103K | $198K | 10x | as long as short |
| Bullet SKHYNIX-USD | 0.0000% | 1h | 1,412.8 | +0.014% | $15K | $467K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,414.2 | +0.109% | $931 | $716K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,413.1 | +0.038% | $1.3M | $2.2M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,413 | +0.024% | $1.2M | $769K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0050% | 1h | 1,413.2 | +0.042% | $294K | $927K | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,412.2 | −0.031% | $751 | $8K | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SKHX | +0.0082% | 1h | 1,413 | +0.028% | $330.9M | $191.7M | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,412.6 | −0.003% | $5.2M | $8.2M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDTshort | +0.0100% | 1h | 1,415.4 | +0.199% | $148K | $262K | 50x | |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,412.4 | −0.012% | $5K | $798 | 10x | as long as short |
| Aster SKHYNIXUSD1 | +0.0103% | 4h | 1,412.9 | +0.021% | $18.9M | $42.0M | 20x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,412.7 | +0.003% | $33K | — | 10x | as long as short |
| Binance SKHYNIXUSDTlong | +0.0225% | 4h | 1,412.6 | long leg | $354.1M | $739.7M | 50x | |
| Extended SKHYNIX-USD | +0.0240% | 1h | 1,412.5 | −0.011% | $2.4M | $182K | 10x | as long as short |
| BloFin SKHYNIX-USDT | +0.0245% | 4h | 1,412.8 | +0.011% | $2.6M | $4.2M | 50x | as long as short |
| Bitget SKHYNIXUSDT | +0.0256% | 4h | 1,413.5 | +0.060% | $24.1M | $25.2M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0274% | 8h | 1,413.5 | +0.063% | $54.4M | $110.8M | 50x | as long as short |
| Pacifica SKHYNIX | +0.0467% | 1h | 1,412.7 | +0.007% | $135K | $385K | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.2162% | 1h | 1,413.5 | +0.061% | $704 | $38K | 5x | as long as short |
Binance SKHYNIXUSDT
ApeX Omni SKHYNIXUSDT
edgeX SKHYNIXUSDC
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
Bullet SKHYNIX-USD
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
Polymarket Perps SKHYNIX-USD
SoDEX SKHX-USD
tradeXYZ xyz:SKHX
KuCoin SKHYNIXUSDTM
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
BloFin SKHYNIX-USDT
Bitget SKHYNIXUSDT
OKX SKHYNIX-USDT-SWAP
Pacifica SKHYNIX
Aftermath Perps SKHYNIXUSD