Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.078%
Price spread now: Phemex against GRVT+0.235%77s7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as 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−$1181.183% of the position
Funding, last 7 days−0.374%−$37 on $10k
+Price spread, last 4 days (all we have)−0.270%−$27 · spread now +0.235%, 7d avg −0.005%
=Together, before fees−0.644%+ Points / potential airdropGRVT: Active · farm board−$64 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.240% dearer against GRVT than usual: you sell high and buy low, +$24 on $10k if it goes back to its 7-day average of −0.005%. The two prices were read 77 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 | 1,347.5 | 0 | get 0.0000% / 4h | 49m 45s | $97K | $218K | 10x |
| Short | Phemex SKHYNIXUSDT | 1,350.7 | 0 | get 0.0000% / 8h | 49m 45s | $1.2M | $777K | 10x |
GRVT SKHYNIX_USDT_Perp
Phemex SKHYNIXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.235% → −0.005%
- $23.95
- Slippage, 4 orders
- −$97.26
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$94.3
- Costs to cover
- 1.183%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 53 min ago; Phemex: 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 GRVT live order book, 53 min ago | 0.04 bp | 4.5 bp −$5 | 6.7 bp −$67 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 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 | −0.0933% | 4h | 1,348.1 | +0.044% | $3.3M | $429K | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | −0.0057% | 1h | 1,349.2 | +0.123% | $683 | $36K | 5x | as long as short |
| BloFin SKHYNIX-USDT | −0.0020% | 4h | 1,349.7 | +0.160% | $2.5M | $4.0M | 50x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,350.3 | +0.204% | $18.3M | $33.5M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,349.9 | +0.179% | $2.3M | $78K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,350.7 | +0.234% | $327.8M | $943.5M | 50x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,350.4 | +0.217% | $19.1M | $30.9M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,351.3 | +0.281% | $140.4M | $76.6M | 75x | as long as short |
| Bitget SKHYNIXUSDT | 0.0000% | 4h | 1,351.3 | +0.278% | $21.8M | $34.2M | 20x | as long as short |
| GRVT SKHYNIX_USDT_Perplong | 0.0000% | 4h | 1,347.5 | long leg | $97K | $218K | 10x |
edgeX SKHYNIXUSDC
Aftermath Perps SKHYNIXUSD
BloFin SKHYNIX-USDT
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
Bitget SKHYNIXUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,350 | +0.183% | $1K | $481K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,350.5 | +0.219% | $1.3M | $2.5M | 50x | as long as short |
| Phemex SKHYNIXUSDTshort | 0.0000% | 8h | 1,350.7 | +0.235% | $1.2M | $777K | 10x | |
| ApeX Omni SKHYNIXUSDT | +0.0007% | 1h | 1,348.7 | +0.089% | $141K | $259K | 50x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,349.8 | +0.167% | $102K | $433K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,350.2 | +0.198% | $5.0M | $8.2M | 20x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,350.1 | +0.190% | $5K | $1K | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,349.5 | +0.151% | $32K | — | 10x | as long as short |
| SoDEX SKHX-USD | +0.0204% | 1h | 1,348.9 | +0.101% | $262 | $8K | 10x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0259% | 8h | 1,350.8 | +0.244% | $52.2M | $132.5M | 50x | as long as short |
| tradeXYZ xyz:SKHX | +0.0636% | 1h | 1,348.4 | +0.066% | $295.5M | $268.7M | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0802% | 1h | 1,349.2 | +0.125% | $252K | $984K | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0827% | 1h | 1,350 | +0.185% | $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
SoDEX SKHX-USD
OKX SKHYNIX-USDT-SWAP
tradeXYZ xyz:SKHX
Polymarket Perps SKHYNIX-USD
Bullet SKHYNIX-USD