Funding you earn now, next payment 08:00 UTC−0.1079%/8h= −118.2% APRpaid last 24h +0.041%
Price spread now: Bybit against Bullet−0.073%7-day average +0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$280.284% of the position
Funding, last 4 days (all we have)−0.049%−$5 on $10k
+Price spread, last 4 days (all we have)−0.531%−$53 · spread now −0.073%, 7d avg +0.014%
=Both sides work against this trade now: funding costs −$32 a day on $10k at the current rate, and Bybit is 0.088% cheaper against Bullet than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of +0.014%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.049% in total (about -5.0% 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 | Bullet SKHYNIX-USD | 1,351.8 | 0.1079 | pay 0.0135% / 1h | 16m 05s | $14K | $467K | 10x |
| Short | Bybit SKHYNIXUSDT | 1,350.8 | 0 | get 0.0000% / 8h | 16m 05s | $19.0M | $30.9M | 100x |
Bullet SKHYNIX-USD
Bybit SKHYNIXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bullet. 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
- −$226.66
- Price spread: −0.073% → +0.014%
- −$8.77
- Slippage, 4 orders
- −$9.38
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$263.81
- Costs to cover
- 0.284%
- Break-even
- never at this rate
Slippage from Bullet: live order book, 23 min ago; Bybit: live order book, 3 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 Bullet live order book, 23 min ago | 1.48 bp | 7.3 bp −$7 | 21.3 bp −$213 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.41 bp | 6.5 bp −$7 | 12.6 bp −$126 | 46.0 bp −$4,605 | 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 | −0.0594% | 4h | 1,353 | +0.085% | $3.3M | $430K | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | −0.0055% | 1h | 1,351.8 | +0.002% | $710 | $36K | 5x | as long as short |
| BloFin SKHYNIX-USDT | −0.0013% | 4h | 1,352 | +0.016% | $2.5M | $4.1M | 50x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,352.2 | +0.029% | $18.4M | $29.8M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,351.2 | −0.046% | $2.3M | $78K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,351.6 | −0.016% | $328.4M | $954.3M | 50x | as long as short |
| Bybit SKHYNIXUSDTshort | 0.0000% | 8h | 1,350.8 | −0.073% | $19.0M | $30.9M | 100x | |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,351.1 | −0.055% | $140.4M | $77.3M | 75x | as long as short |
| Bitget SKHYNIXUSDT | 0.0000% | 4h | 1,351.2 | −0.042% | $21.8M | $34.5M | 20x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,352.5 | +0.055% | $98K | $221K | 10x | as long as short |
edgeX SKHYNIXUSDC
Aftermath Perps SKHYNIXUSD
BloFin SKHYNIX-USDT
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Binance 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 | 1,352.5 | +0.051% | $1K | $471K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,351 | −0.058% | $1.3M | $2.5M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,350.8 | −0.076% | $1.2M | $779K | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,351.8 | +0.002% | $102K | $433K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,351.1 | −0.049% | $5.0M | $8.3M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,351.7 | −0.009% | $141K | $259K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,351.8 | +0.003% | $5K | $1K | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,352 | +0.016% | $32K | — | 10x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0372% | 8h | 1,350.3 | −0.111% | $52.1M | $131.0M | 50x | as long as short |
| SoDEX SKHX-USD | +0.0734% | 1h | 1,350.7 | −0.081% | $257 | $8K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0831% | 1h | 1,349.2 | −0.192% | $295.9M | $269.6M | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.1027% | 1h | 1,351.9 | +0.007% | $253K | $974K | 10x | as long as short |
| Bullet SKHYNIX-USDlong | +0.1079% | 1h | 1,351.8 | long leg | $14K | $467K | 10x |
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
tradeXYZ xyz:SKHX
Polymarket Perps SKHYNIX-USD