Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.036%
Price spread now: Phemex against Bybit+0.083%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$129as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1191.190% of the position
Funding, last 7 days−0.101%−$10 on $10k
+Price spread, last 4 days (all we have)−0.085%−$8 · spread now +0.083%, 7d avg 0.000%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.083% dearer against Bybit than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SKHYNIXUSDT | 1,351 | 0 | get 0.0000% / 8h | 49m 06s | $19.1M | $30.9M | 100x |
| Short | Phemex SKHYNIXUSDT | 1,352.1 | 0 | get 0.0000% / 8h | 49m 06s | $1.2M | $777K | 10x |
Bybit SKHYNIXUSDT
Phemex SKHYNIXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Bybit. 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
- $0
- Price spread: +0.083% → 0.000%
- $8.33
- Slippage, 4 orders
- −$95.99
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$110.67
- Costs to cover
- 1.190%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; Phemex: live order book, 4 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 Bybit live order book, 5 min ago | 0.04 bp | 7.1 bp −$7 | 14.3 bp −$143 | 54.7 bp −$5,468 | doesn't fit |
| Sell Phemex live order book, 4 min ago | 2.82 bp | 63.7 bp −$64 | doesn't fit | 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 | −0.0490% | 4h | 1,349.4 | −0.123% | $3.3M | $430K | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | −0.0058% | 1h | 1,349.9 | −0.082% | $683 | $36K | 5x | as long as short |
| BloFin SKHYNIX-USDT | −0.0003% | 4h | 1,351.7 | +0.053% | $2.5M | $4.0M | 50x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,350.3 | −0.051% | $18.3M | $33.4M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,351.1 | +0.004% | $2.3M | $78K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,351.4 | +0.028% | $328.0M | $944.1M | 50x | as long as short |
| Bybit SKHYNIXUSDTlong | 0.0000% | 8h | 1,351 | long leg | $19.1M | $30.9M | 100x | |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,352 | +0.069% | $140.4M | $76.6M | 75x | as long as short |
| Bitget SKHYNIXUSDT | 0.0000% | 4h | 1,352 | +0.070% | $21.8M | $34.2M | 20x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,349.9 | −0.084% | $98K | $219K | 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 | 1,351.4 | +0.030% | $1K | $482K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,350.5 | −0.041% | $1.3M | $2.5M | 50x | as long as short |
| Phemex SKHYNIXUSDTshort | 0.0000% | 8h | 1,352.1 | +0.083% | $1.2M | $777K | 10x | |
| ApeX Omni SKHYNIXUSDT | +0.0088% | 1h | 1,350.2 | −0.061% | $141K | $259K | 50x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,350.5 | −0.038% | $102K | $433K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,350.4 | −0.047% | $5.0M | $8.2M | 20x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,350.1 | −0.067% | $5K | $1K | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,350.7 | −0.024% | $32K | — | 10x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0259% | 8h | 1,351.7 | +0.050% | $52.2M | $132.6M | 50x | as long as short |
| SoDEX SKHX-USD | +0.0319% | 1h | 1,349.8 | −0.090% | $259 | $8K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0665% | 1h | 1,348.9 | −0.157% | $295.6M | $268.7M | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0835% | 1h | 1,349.6 | −0.105% | $252K | $984K | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0867% | 1h | 1,351.3 | +0.021% | $14K | $469K | 10x | as long as short |
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
ApeX Omni SKHYNIXUSDT
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
OKX SKHYNIX-USDT-SWAP
SoDEX SKHX-USD
tradeXYZ xyz:SKHX
Polymarket Perps SKHYNIX-USD
Bullet SKHYNIX-USD