Funding you earn now, next payment 08:00 UTC+0.0792%/8h= +86.7% APRpaid last 24h −0.042%
Price spread now: tradeXYZ against Binance−0.088%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$300.303% of the position
Funding, last 7 days+0.034%+$3 on $10k
+Price spread, last 7 days+0.010%+$1 · spread now −0.088%, 7d avg −0.049%
=Together, before fees+0.045%+ Points / potential airdroptradeXYZ: Active · farm board+$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.039% cheaper against Binance than usual: you would sell low and buy high (spread −0.088% now, against its 7-day average of −0.049%). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$24 a day). At the pace of the last 7 days (+0.034% in total) that is about 8.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.034% in total (about 1.8% 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 | Binance SKHYNIXUSDT | 1,353.1 | 0 | get 0.0000% / 4h | 31m 46s | $328.5M | $952.7M | 50x |
| Short | tradeXYZ xyz:SKHX | 1,351.9 | 0.0792 | get 0.0099% / 1h | 31m 46s | $296.6M | $269.4M | 10x |
Binance SKHYNIXUSDT
tradeXYZ xyz:SKHXFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $166.28
- Price spread: −0.088% → −0.049%
- −$3.87
- Slippage, 4 orders
- −$2.31
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $132.09
- Costs to cover
- 0.303%
- Break-even
- 1.4 days
Slippage from Binance: live order book, 12 min ago; tradeXYZ: 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 Binance live order book, 12 min ago | 0.04 bp | 5.0 bp −$5 | 6.2 bp −$62 | 15.1 bp −$1,509 | doesn't fit |
| Sell tradeXYZ live order book, 8 min ago | 0.74 bp | 9.9 bp −$10 | 13.1 bp −$131 | 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 | −0.0232% | 4h | 1,351.9 | −0.091% | $3.3M | $430K | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | −0.0057% | 1h | 1,352.9 | −0.016% | $699 | $36K | 5x | as long as short |
| BloFin SKHYNIX-USDT | −0.0009% | 4h | 1,353.5 | +0.032% | $2.5M | $4.1M | 50x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,352.5 | −0.047% | $18.4M | $31.7M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,352.7 | −0.032% | $2.3M | $78K | 10x | as long as short |
| Binance SKHYNIXUSDTlong | 0.0000% | 4h | 1,353.1 | long leg | $328.5M | $952.7M | 50x | |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,353.6 | +0.035% | $19.1M | $31.0M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,354 | +0.067% | $140.5M | $77.0M | 75x | as long as short |
| Bitget SKHYNIXUSDT | 0.0000% | 4h | 1,353.7 | +0.042% | $21.8M | $34.4M | 20x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,352.9 | −0.016% | $98K | $219K | 10x | as long as short |
edgeX SKHYNIXUSDC
Aftermath Perps SKHYNIXUSD
BloFin SKHYNIX-USDT
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
Bitget SKHYNIXUSDT
GRVT SKHYNIX_USDT_PerpShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,353.5 | +0.031% | $1K | $483K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,354.4 | +0.094% | $1.3M | $2.5M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,352.7 | −0.028% | $1.2M | $777K | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,353 | −0.004% | $102K | $433K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,352.6 | −0.034% | $5.0M | $8.3M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,352.4 | −0.054% | $141K | $259K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,352.4 | −0.054% | $5K | $1K | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,353.2 | +0.011% | $32K | — | 10x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0334% | 8h | 1,353.2 | +0.008% | $51.9M | $130.9M | 50x | as long as short |
| SoDEX SKHX-USD | +0.0681% | 1h | 1,352.4 | −0.055% | $260 | $8K | 10x | as long as short |
| tradeXYZ xyz:SKHXshort | +0.0792% | 1h | 1,351.9 | −0.088% | $296.6M | $269.4M | 10x | |
| Polymarket Perps SKHYNIX-USD | +0.0967% | 1h | 1,352.6 | −0.036% | $253K | $983K | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.1010% | 1h | 1,352.5 | −0.043% | $13K | $467K | 10x | as long as short |
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
OKX SKHYNIX-USDT-SWAP
SoDEX SKHX-USD
Polymarket Perps SKHYNIX-USD
Bullet SKHYNIX-USD