Funding you earn now, next payment 03:00 UTC−0.0042%/8h= −4.6% APRnext payment −$0.05 per $10,000 · paid last 24h +0.034%
Price spread now: tradeXYZ against Bullet−0.071%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−$310.312% of the position
Funding, last 3 days (all we have)+0.019%+$2 on $10k
+Price spread, last 4 days (all we have)−0.280%−$28 · spread now −0.071%, 7d avg −0.014%
=Together, before fees−0.262%+ Points / potential airdroptradeXYZ: Active · farm board−$26 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and tradeXYZ is 0.057% cheaper against Bullet than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.014%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bullet SKHYNIX-USD | 1,407.8 | 0.0196 | pay 0.0025% / 1h | 24m 22s | $14K | $467K | 10x |
| Short | tradeXYZ xyz:SKHX | 1,406.8 | 0.0154 | get 0.0019% / 1h | 24m 22s | $317.3M | $205.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$8.86
- Price spread: −0.071% → −0.014%
- −$5.73
- Slippage, 4 orders
- −$5.19
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$45.78
- Costs to cover
- 0.312%
- Break-even
- never at this rate
Slippage from Bullet: live order book, 40 min ago; tradeXYZ: live order book, 5 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, 40 min ago | 0.35 bp | 6.2 bp −$6 | 20.8 bp −$208 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 5 min ago | 0.35 bp | 9.4 bp −$9 | 10.9 bp −$109 | 15.9 bp −$1,591 | 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 | −0.0977% | 4h | 1,406.8 | −0.072% | $3.5M | $396K | 10x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,407.2 | −0.040% | $18.9M | $39.9M | 20x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,408.5 | +0.047% | $20.4M | $33.0M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,408.6 | +0.060% | $143.8M | $64.3M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,407.3 | −0.038% | $102K | $194K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,407.5 | −0.022% | $1K | $640K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,407.9 | +0.006% | $1.3M | $2.4M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,407.3 | −0.033% | $1.2M | $768K | 10x | as long as short |
| Binance SKHYNIXUSDT | +0.0013% | 4h | 1,407.6 | −0.015% | $350.9M | $749.4M | 50x | as long as short |
| Extended SKHYNIX-USD | +0.0016% | 1h | 1,406.8 | −0.073% | $2.4M | $71K | 10x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX SKHX-USD | +0.0050% | 1h | 1,407 | −0.055% | $749 | $8K | 10x | as long as short |
| BloFin SKHYNIX-USDT | +0.0074% | 4h | 1,407.7 | −0.009% | $2.7M | $4.1M | 50x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,407.4 | −0.030% | $126K | $389K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,407.4 | −0.026% | $5.2M | $8.1M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,407.6 | −0.013% | $147K | $261K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,407.1 | −0.050% | $5K | $798 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,408.3 | +0.033% | $33K | — | 10x | as long as short |
| tradeXYZ xyz:SKHXshort | +0.0154% | 1h | 1,406.8 | −0.071% | $317.3M | $205.1M | 10x | |
| Bullet SKHYNIX-USDlong | +0.0196% | 1h | 1,407.8 | long leg | $14K | $467K | 10x | |
| Polymarket Perps SKHYNIX-USD | +0.0214% | 1h | 1,407.1 | −0.050% | $276K | $1.0M | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0330% | 4h | 1,408.4 | +0.039% | $23.4M | $26.0M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0335% | 8h | 1,409.1 | +0.092% | $55.8M | $114.4M | 50x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0557% | 1h | 1,407.1 | −0.047% | $671 | $38K | 5x | as long as short |
Bullet SKHYNIX-USD
tradeXYZ xyz:SKHX
edgeX SKHYNIXUSDC
Aster SKHYNIXUSD1
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
Binance SKHYNIXUSDT
Extended SKHYNIX-USD
SoDEX SKHX-USD
BloFin SKHYNIX-USDT
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Polymarket Perps SKHYNIX-USD
Bitget SKHYNIXUSDT
OKX SKHYNIX-USDT-SWAP
Aftermath Perps SKHYNIXUSD