Funding you earn now, next payment 04:00 UTC+0.0312%/8h= +34.2% APRnext payment +$1.56 per $10,000 · paid last 24h −0.009%
Price spread now: Bitget against Binance+0.050%7-day average +0.024% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$260.255% of the position
Funding, last 7 days+0.013%+$1 on $10k
+Price spread, last 7 days−0.061%−$6 · spread now +0.050%, 7d avg +0.024%
=Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Bitget is 0.027% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.024%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.013% in total (about 0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.56 per $10,000. 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 | Binance SKHYNIXUSDT | 1,410 | 0 | get 0.0000% / 4h | 1h 11m | $350.4M | $751.9M | 50x |
| Short | Bitget SKHYNIXUSDT | 1,410.7 | 0.0312 | get 0.0156% / 4h | 1h 11m | $23.4M | $26.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $65.52
- Price spread: +0.050% → +0.024%
- $2.68
- Slippage, 4 orders
- −$3.53
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $42.67
- Costs to cover
- 0.255%
- Break-even
- 2.4 days
Slippage from Binance: live order book, 2 min ago; Bitget: live order book, 2 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, 2 min ago | 0.04 bp | 5.0 bp −$5 | 5.2 bp −$52 | 12.3 bp −$1,230 | doesn't fit |
| Sell Bitget live order book, 2 min ago | 0.28 bp | 7.3 bp −$7 | 16.0 bp −$160 | 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 | −0.0851% | 4h | 1,410.8 | +0.060% | $3.5M | $398K | 10x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,410.2 | +0.019% | $18.9M | $39.8M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,409.4 | −0.043% | $2.4M | $71K | 10x | as long as short |
| Binance SKHYNIXUSDTlong | 0.0000% | 4h | 1,410 | long leg | $350.4M | $751.9M | 50x | |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,410.7 | +0.050% | $20.5M | $32.7M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,410.7 | +0.054% | $144.0M | $64.8M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,411.2 | +0.087% | $102K | $195K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,410 | +0.003% | $857 | $637K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,410.8 | +0.055% | $1.3M | $2.4M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,410.4 | +0.027% | $1.2M | $769K | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX SKHX-USD | +0.0050% | 1h | 1,410.2 | +0.016% | $750 | $8K | 10x | as long as short |
| BloFin SKHYNIX-USDT | +0.0051% | 4h | 1,411.1 | +0.077% | $2.7M | $4.1M | 50x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,410.6 | +0.044% | $126K | $389K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,409.9 | −0.004% | $5.2M | $8.0M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,411.7 | +0.118% | $147K | $261K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,410.1 | +0.010% | $5K | $798 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,411 | +0.073% | $33K | — | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0119% | 1h | 1,409.9 | −0.006% | $318.0M | $206.2M | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0157% | 1h | 1,410.4 | +0.032% | $14K | $468K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0176% | 1h | 1,410.6 | +0.044% | $276K | $1.0M | 10x | as long as short |
| Bitget SKHYNIXUSDTshort | +0.0312% | 4h | 1,410.7 | +0.050% | $23.4M | $26.0M | 20x | |
| OKX SKHYNIX-USDT-SWAP | +0.0331% | 8h | 1,411.1 | +0.079% | $56.0M | $114.5M | 50x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0469% | 1h | 1,410.3 | +0.021% | $673 | $38K | 5x | as long as short |
Binance SKHYNIXUSDT
Bitget SKHYNIXUSDT
edgeX SKHYNIXUSDC
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
SoDEX SKHX-USD
BloFin SKHYNIX-USDT
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
tradeXYZ xyz:SKHX
Bullet SKHYNIX-USD
Polymarket Perps SKHYNIX-USD
OKX SKHYNIX-USDT-SWAP
Aftermath Perps SKHYNIXUSD