Funding you earn now, next payment 00:00 UTC−0.0154%/8h= −16.9% APRnext payment −$0.77 per $10,000 · paid last 24h +0.042%
Price spread now: Binance against GRVT+0.138%79s7-day average −0.016% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$230.228% of the position
Funding, last 7 days−0.016%−$2 on $10k
+Price spread, last 2 days (all we have)−0.172%−$17 · spread now +0.138%, 7d avg −0.016%
=Together, before fees−0.188%+ Points / potential airdropGRVT: Active · farm board−$19 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.154% dearer against GRVT than usual: you sell high and buy low (spread +0.138% now, against its 7-day average of −0.016%): +$15 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 3.3 days. At the pace of the last 7 days (−0.016% in total) that is about 2 months. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT SKHYNIX_USDT_Perp | 1,381.4 | 0.0418 | pay 0.0209% / 4h | 20m 18s | $104K | $208K | 10x |
| Short | Binance SKHYNIXUSDT | 1,383.3 | 0.0264 | get 0.0132% / 4h | 20m 18s | $353.0M | $739.5M | 50x |
GRVT SKHYNIX_USDT_Perp
Binance SKHYNIXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against GRVT. 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
- −$32.39
- Price spread: +0.138% → −0.016%
- $15.42
- Slippage, 4 orders
- −$3.77
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$39.74
- Costs to cover
- 0.228%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 57 min ago; Binance: live order book, 9 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 GRVT live order book, 57 min ago | 1.16 bp | 6.2 bp −$6 | 8.1 bp −$81 | doesn't fit | doesn't fit |
| Sell Binance live order book, 9 min ago | 0.04 bp | 5.7 bp −$6 | 8.1 bp −$81 | 16.8 bp −$1,685 | 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 | −0.0359% | 4h | 1,380.7 | −0.053% | $3.4M | $431K | 10x | as long as short |
| SoDEX SKHX-USD | −0.0014% | 1h | 1,384.7 | +0.233% | $737 | $8K | 10x | as long as short |
| Bullet SKHYNIX-USD | 0.0000% | 1h | 1,383.5 | +0.150% | $14K | $467K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,382.9 | +0.104% | $1K | $893K | 10x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,383.6 | +0.156% | $1.2M | $769K | 10x | as long as short |
| Aster SKHYNIXUSD1 | +0.0049% | 4h | 1,382 | +0.041% | $18.5M | $42.8M | 20x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0050% | 1h | 1,384.2 | +0.201% | $277K | $1.6M | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0084% | 4h | 1,384.3 | +0.207% | $24.1M | $26.8M | 20x | as long as short |
| tradeXYZ xyz:SKHX | +0.0096% | 1h | 1,384.5 | +0.222% | $346.5M | $186.5M | 10x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,382 | +0.042% | $5K | $1K | 10x | as long as short |
edgeX SKHYNIXUSDC
SoDEX SKHX-USD
Bullet SKHYNIX-USD
SunX SKHYNIX-USDT
Phemex SKHYNIXUSDT
Aster SKHYNIXUSD1
Polymarket Perps SKHYNIX-USD
Bitget SKHYNIXUSDT
tradeXYZ xyz:SKHX
Orderly PERP_SKHYNIX_USDC_mythosShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo SKHX-PERP | +0.0104% | 1h | 1,384.6 | +0.229% | $32K | — | 10x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0116% | 1h | 1,381.8 | +0.028% | $144K | $263K | 50x | as long as short |
| Gate SKHYNIX_USDT | +0.0130% | 4h | 1,384.7 | +0.240% | $137.3M | $73.4M | 75x | as long as short |
| HTX SKHYNIX-USDT | +0.0143% | 4h | 1,383.3 | +0.132% | $1.2M | $2.2M | 50x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0160% | 4h | 1,383 | +0.113% | $5.1M | $8.2M | 20x | as long as short |
| BloFin SKHYNIX-USDT | +0.0206% | 4h | 1,382.8 | +0.101% | $2.5M | $4.1M | 50x | as long as short |
| Binance SKHYNIXUSDTshort | +0.0264% | 4h | 1,383.3 | +0.138% | $353.0M | $739.5M | 50x | |
| Extended SKHYNIX-USD | +0.0264% | 1h | 1,383.1 | +0.121% | $2.4M | $225K | 10x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0302% | 8h | 1,384.6 | +0.229% | $52.5M | $113.0M | 50x | as long as short |
| Bybit SKHYNIXUSDT | +0.0307% | 8h | 1,384.3 | +0.208% | $20.4M | $36.4M | 100x | as long as short |
| GRVT SKHYNIX_USDT_Perplong | +0.0418% | 4h | 1,381.4 | long leg | $104K | $208K | 10x | |
| Pacifica SKHYNIX | +0.0621% | 1h | 1,383.4 | +0.143% | $141K | $399K | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0746% | 1h | 1,383.2 | +0.126% | $673 | $39K | 5x | as long as short |
Aevo SKHX-PERP
ApeX Omni SKHYNIXUSDT
Gate SKHYNIX_USDT
HTX SKHYNIX-USDT
KuCoin SKHYNIXUSDTM
BloFin SKHYNIX-USDT
Extended SKHYNIX-USD
OKX SKHYNIX-USDT-SWAP
Bybit SKHYNIXUSDT
Pacifica SKHYNIX
Aftermath Perps SKHYNIXUSD