Funding you earn now, next payment 04:00 UTC−0.0582%/8h= −63.7% APRnext payment −$2.91 per $10,000 · paid last 24h −0.051%
Price spread now: GRVT against BloFin−0.381%7-day average +0.022% · 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−$67as in the Price arb table
costs, in and out, $10k−$270.272% of the position
Funding, last 7 days+0.001%$0 on $10k
+Price spread, last 3 days (all we have)+0.418%+$42 · spread now −0.381%, 7d avg +0.022%
=Together, before fees+0.419%+ Points / potential airdropGRVT: Active · farm board+$42 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$17 a day on $10k at the current rate, and GRVT is 0.403% cheaper against BloFin than usual: you would sell low and buy high (−$40 if the spread goes back to its 7-day average of +0.022%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.001% in total (about 0.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.91 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 | 1,410.5 | 0.0582 | pay 0.0291% / 4h | 3h 48m | $2.5M | $4.2M | 50x |
| Short | GRVT SKHYNIX_USDT_Perp | 1,405.1 | 0 | get 0.0000% / 4h | 3h 48m | $107K | $202K | 10x |
BloFin SKHYNIX-USDT
GRVT SKHYNIX_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$122.19
- Price spread: −0.381% → +0.022%
- −$40.27
- Slippage, 4 orders
- −$6.17
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$189.64
- Costs to cover
- 0.272%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 5 min ago; GRVT: live order book, 24 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, 5 min ago | 1.25 bp | 7.3 bp −$7 | 8.1 bp −$81 | 13.9 bp −$1,387 | doesn't fit |
| Sell GRVT live order book, 24 min ago | 0.72 bp | 5.9 bp −$6 | 9.2 bp −$92 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,413 | +0.175% | $20.5M | $35.7M | 100x | as long as short |
| GRVT SKHYNIX_USDT_Perpshort | 0.0000% | 4h | 1,405.1 | −0.381% | $107K | $202K | 10x | |
| Bullet SKHYNIX-USD | 0.0000% | 1h | 1,409.7 | −0.055% | $14K | $468K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,410.4 | −0.010% | $948 | $824K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,409.7 | −0.055% | $1.3M | $2.2M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,410.3 | −0.016% | $1.2M | $768K | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,410.3 | −0.017% | $750 | $8K | 10x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,405.9 | −0.326% | $147K | $262K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,410.3 | −0.013% | $5K | $798 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,410 | −0.036% | $33K | — | 10x | as long as short |
Bybit SKHYNIXUSDT
Bullet SKHYNIX-USD
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
SoDEX SKHX-USD
ApeX Omni SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERPShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SKHYNIX_USDT | +0.0128% | 4h | 1,413.6 | +0.216% | $144.6M | $61.6M | 75x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0166% | 1h | 1,412.6 | +0.147% | $294K | $963K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0306% | 4h | 1,410.9 | +0.028% | $5.2M | $8.2M | 20x | as long as short |
| tradeXYZ xyz:SKHX | +0.0334% | 1h | 1,412.5 | +0.140% | $342.7M | $186.6M | 10x | as long as short |
| Aster SKHYNIXUSD1 | +0.0340% | 4h | 1,411.9 | +0.101% | $18.9M | $42.8M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0348% | 8h | 1,412.5 | +0.140% | $53.1M | $113.2M | 50x | as long as short |
| Bitget SKHYNIXUSDT | +0.0358% | 4h | 1,413.1 | +0.182% | $24.3M | $26.0M | 20x | as long as short |
| edgeX SKHYNIXUSDC | +0.0448% | 4h | 1,404.9 | −0.398% | $3.4M | $436K | 10x | as long as short |
| Pacifica SKHYNIX | +0.0467% | 1h | 1,412.7 | +0.152% | $142K | $396K | 10x | as long as short |
| Binance SKHYNIXUSDT | +0.0526% | 4h | 1,412 | +0.107% | $355.9M | $751.6M | 50x | as long as short |
| Extended SKHYNIX-USD | +0.0528% | 1h | 1,412 | +0.106% | $2.4M | $209K | 10x | as long as short |
| BloFin SKHYNIX-USDTlong | +0.0582% | 4h | 1,410.5 | long leg | $2.5M | $4.2M | 50x | |
| Aftermath Perps SKHYNIXUSD | +0.4721% | 1h | 1,399.9 | −0.754% | $699 | $39K | 5x | as long as short |
Gate SKHYNIX_USDT
Polymarket Perps SKHYNIX-USD
KuCoin SKHYNIXUSDTM
tradeXYZ xyz:SKHX
Aster SKHYNIXUSD1
OKX SKHYNIX-USDT-SWAP
Bitget SKHYNIXUSDT
edgeX SKHYNIXUSDC
Pacifica SKHYNIX
Binance SKHYNIXUSDT
Extended SKHYNIX-USD
Aftermath Perps SKHYNIXUSD