Funding you earn now, next payment 04:00 UTC+0.0277%/8h= +30.3% APRnext payment +$1.39 per $10,000 · paid last 24h −0.002%
Price spread now: Bitget against BloFin−0.046%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$270.274% of the position
Funding, last 7 days+0.014%+$1 on $10k
+Price spread, last 4 days (all we have)+0.174%+$17 · spread now −0.046%, 7d avg +0.034%
=Funding pays, the price is against you. Bitget is 0.080% cheaper against BloFin than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of +0.034%). If the spread goes back, that is −$8 on $10k: about 23 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.014% in total) that is about 39 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.014% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.39 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 | BloFin SKHYNIX-USDT | 1,409.1 | −0.0047 | get 0.0024% / 4h | 16m 44s | $2.7M | $4.1M | 50x |
| Short | Bitget SKHYNIXUSDT | 1,408.5 | 0.0230 | get 0.0115% / 4h | 16m 44s | $23.3M | $26.3M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against BloFin. 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
- $58.17
- Price spread: −0.046% → +0.034%
- −$7.97
- Slippage, 4 orders
- −$3.38
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $22.82
- Costs to cover
- 0.274%
- Break-even
- 4.3 days
Slippage from BloFin: 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 BloFin live order book, 2 min ago | 0.04 bp | 6.3 bp −$6 | 7.0 bp −$70 | 12.3 bp −$1,233 | doesn't fit |
| Sell Bitget live order book, 2 min ago | 0.32 bp | 8.1 bp −$8 | 15.0 bp −$150 | 19.9 bp −$1,987 | 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 | −0.0238% | 4h | 1,410.7 | +0.112% | $3.5M | $374K | 10x | as long as short |
| BloFin SKHYNIX-USDTlong | −0.0047% | 4h | 1,409.1 | long leg | $2.7M | $4.1M | 50x | |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,408.8 | −0.021% | $18.8M | $39.8M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,407.8 | −0.094% | $2.4M | $71K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,408.2 | −0.066% | $348.9M | $752.3M | 50x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,408.8 | −0.025% | $20.5M | $31.7M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,409 | −0.011% | $143.2M | $65.0M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,410.6 | +0.110% | $101K | $199K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,409.6 | +0.033% | $964 | $608K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,413 | +0.275% | $1.3M | $2.4M | 50x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,409.6 | +0.038% | $1.2M | $767K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0050% | 1h | 1,408.1 | −0.071% | $316.1M | $209.4M | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,409.2 | +0.005% | $750 | $8K | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0062% | 1h | 1,409.4 | +0.023% | $14K | $469K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0071% | 1h | 1,409 | −0.007% | $276K | $1.0M | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,408.3 | −0.057% | $127K | $385K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,407.6 | −0.107% | $5.2M | $8.0M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,410.9 | +0.126% | $147K | $260K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,408.9 | −0.015% | $5K | $798 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,409.9 | +0.054% | $33K | — | 10x | as long as short |
| Bitget SKHYNIXUSDTshort | +0.0230% | 4h | 1,408.5 | −0.046% | $23.3M | $26.3M | 20x | |
| Aftermath Perps SKHYNIXUSD | +0.0271% | 1h | 1,409.6 | +0.037% | $672 | $38K | 5x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0351% | 8h | 1,408.7 | −0.028% | $55.8M | $114.4M | 50x | as long as short |
BloFin SKHYNIX-USDT
Bitget SKHYNIXUSDT
edgeX SKHYNIXUSDC
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
tradeXYZ xyz:SKHX
SoDEX SKHX-USD
Bullet SKHYNIX-USD
Polymarket Perps SKHYNIX-USD
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Aftermath Perps SKHYNIXUSD
OKX SKHYNIX-USDT-SWAP