Funding you earn now, next payment 04:00 UTC−0.0256%/8h= −28.0% APRnext payment −$1.28 per $10,000 · paid last 24h −0.038%
Price spread now: GRVT against Bitget+0.170%63s7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as 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−$280.276% of the position
Funding, last 7 days−0.002%$0 on $10k
+Price spread, last 4 days (all we have)+0.202%+$20 · spread now +0.170%, 7d avg −0.006%
=Together, before fees+0.201%+ Points / potential airdropGRVT: Active · farm board+$20 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.177% dearer against Bitget than usual: you sell high and buy low (spread +0.170% now, against its 7-day average of −0.006%): +$18 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 2.3 days. At the pace of the last 7 days (−0.002% in total) that is about 24 months. The two prices were read 63 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.002% in total (about -0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.28 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 | 1,410.3 | 0.0256 | pay 0.0128% / 4h | 2h 48m | $24.0M | $25.2M | 20x |
| Short | GRVT SKHYNIX_USDT_Perp | 1,412.7 | 0 | get 0.0000% / 4h | 2h 48m | $102K | $196K | 10x |
Bitget SKHYNIXUSDT
GRVT SKHYNIX_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$53.76
- Price spread: +0.170% → −0.006%
- $17.66
- Slippage, 4 orders
- −$6.64
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$63.73
- Costs to cover
- 0.276%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; GRVT: live order book, 19 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, 5 min ago | 0.25 bp | 7.6 bp −$8 | 12.2 bp −$122 | 19.7 bp −$1,966 | doesn't fit |
| Sell GRVT live order book, 19 min ago | 1.24 bp | 5.8 bp −$6 | 6.8 bp −$68 | 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 | −0.0734% | 4h | 1,411.9 | +0.110% | $3.5M | $423K | 10x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,411.4 | +0.074% | $20.5M | $33.1M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,411.9 | +0.113% | $142.8M | $62.5M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perpshort | 0.0000% | 4h | 1,412.7 | +0.170% | $102K | $196K | 10x | |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,412.2 | +0.134% | $1K | $700K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,414.1 | +0.268% | $1.3M | $2.2M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,412.1 | +0.127% | $1.2M | $769K | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,412.1 | +0.125% | $751 | $8K | 10x | as long as short |
| Aster SKHYNIXUSD1 | +0.0061% | 4h | 1,412.1 | +0.130% | $18.9M | $41.8M | 20x | as long as short |
| Bullet SKHYNIX-USD | +0.0086% | 1h | 1,412.4 | +0.148% | $15K | $466K | 10x | as long as short |
edgeX SKHYNIXUSDC
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
SoDEX SKHX-USD
Aster SKHYNIXUSD1
Bullet SKHYNIX-USDShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica SKHYNIX | +0.0100% | 1h | 1,411.2 | +0.063% | $135K | $385K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,412 | +0.118% | $5.2M | $8.1M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,413.8 | +0.247% | $147K | $261K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,412.9 | +0.180% | $5K | $798 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,413 | +0.191% | $33K | — | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0152% | 1h | 1,410.6 | +0.021% | $294K | $924K | 10x | as long as short |
| Binance SKHYNIXUSDT | +0.0176% | 4h | 1,410 | −0.021% | $352.7M | $744.3M | 50x | as long as short |
| Extended SKHYNIX-USD | +0.0184% | 1h | 1,410.3 | +0.001% | $2.4M | $130K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0223% | 1h | 1,409.8 | −0.036% | $326.1M | $196.2M | 10x | as long as short |
| BloFin SKHYNIX-USDT | +0.0228% | 4h | 1,411.8 | +0.103% | $2.6M | $4.2M | 50x | as long as short |
| Bitget SKHYNIXUSDTlong | +0.0256% | 4h | 1,410.3 | long leg | $24.0M | $25.2M | 20x | |
| OKX SKHYNIX-USDT-SWAP | +0.0280% | 8h | 1,410.5 | +0.013% | $54.4M | $111.3M | 50x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.1731% | 1h | 1,412 | +0.118% | $703 | $38K | 5x | as long as short |
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
Polymarket Perps SKHYNIX-USD
Binance SKHYNIXUSDT
Extended SKHYNIX-USD
tradeXYZ xyz:SKHX
BloFin SKHYNIX-USDT
OKX SKHYNIX-USDT-SWAP
Aftermath Perps SKHYNIXUSD