Funding you earn now, next payment 08:00 UTC−0.0218%/8h= −23.9% APRnext payment −$1.09 per $10,000 · paid last 24h +0.009%
Price spread now: Binance against Bitget−0.084%7-day average −0.024% · 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−$31as in the Price arb table
costs, in and out, $10k−$250.245% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 7 days+0.084%+$8 · spread now −0.084%, 7d avg −0.024%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Binance is 0.061% cheaper against Bitget than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.024%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.020% in total (about -1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.09 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 | Bitget SKHYNIXUSDT | 1,363.6 | 0.0218 | pay 0.0109% / 4h | 2h 35m | $22.0M | $30.5M | 20x |
| Short | Binance SKHYNIXUSDT | 1,362.5 | 0 | get 0.0000% / 4h | 2h 35m | $335.0M | $839.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. 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
- −$45.78
- Price spread: −0.084% → −0.024%
- −$6.06
- Slippage, 4 orders
- −$2.52
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$76.36
- Costs to cover
- 0.245%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; Binance: live order book, 9 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 Bitget live order book, 4 min ago | 0.29 bp | 6.8 bp −$7 | 14.5 bp −$145 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.04 bp | 5.0 bp −$5 | 6.0 bp −$60 | 14.2 bp −$1,419 | 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 | −0.0472% | 4h | 1,366.6 | +0.219% | $3.4M | $391K | 10x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,364 | +0.029% | $18.5M | $36.5M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,365.7 | +0.151% | $2.3M | $71K | 10x | as long as short |
| Binance SKHYNIXUSDTshort | 0.0000% | 4h | 1,362.5 | −0.084% | $335.0M | $839.9M | 50x | |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,363.3 | −0.023% | $19.6M | $31.2M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,364.3 | +0.047% | $141.8M | $72.7M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,365.5 | +0.142% | $98K | $210K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,365.9 | +0.164% | $1K | $547K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,367.3 | +0.267% | $1.3M | $2.4M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,366.1 | +0.180% | $1.2M | $775K | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SKHYNIX-USDT | +0.0049% | 4h | 1,365.9 | +0.164% | $2.6M | $4.0M | 50x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,365.9 | +0.168% | $727 | $8K | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,366.3 | +0.197% | $104K | $411K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,365 | +0.098% | $5.0M | $8.1M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,365.9 | +0.167% | $142K | $259K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,365.3 | +0.125% | $5K | $858 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,366.7 | +0.230% | $32K | — | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0108% | 1h | 1,362.3 | −0.096% | $296.5M | $236.9M | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0207% | 1h | 1,367 | +0.246% | $741 | $37K | 5x | as long as short |
| Bullet SKHYNIX-USD | +0.0217% | 1h | 1,366 | +0.175% | $15K | $470K | 10x | as long as short |
| Bitget SKHYNIXUSDTlong | +0.0218% | 4h | 1,363.6 | long leg | $22.0M | $30.5M | 20x | |
| Polymarket Perps SKHYNIX-USD | +0.0225% | 1h | 1,366 | +0.175% | $264K | $997K | 10x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0364% | 8h | 1,362.4 | −0.089% | $53.3M | $121.2M | 50x | as long as short |
Bitget SKHYNIXUSDT
Binance 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
BloFin SKHYNIX-USDT
SoDEX SKHX-USD
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
tradeXYZ xyz:SKHX
Aftermath Perps SKHYNIXUSD
Bullet SKHYNIX-USD
Polymarket Perps SKHYNIX-USD
OKX SKHYNIX-USDT-SWAP