Funding you earn now, next payment 12:00 UTC+0.3001%/8h= +328.6% APRnext payment +$15.01 per $10,000 · paid last 24h +0.026%
Price spread now: Binance against HTX−0.084%7-day average −0.049% · you buy dearer than you sell
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$270.275% of the position
Funding, last 7 days+0.166%+$17 on $10k
+Price spread, last 4 days (all we have)−0.084%−$8 · spread now −0.084%, 7d avg −0.049%
=Funding pays, the price is against you. Binance is 0.035% cheaper against HTX than usual: you would sell low and buy high (spread −0.084% now, against its 7-day average of −0.049%). If the spread goes back, that is −$4 on $10k: about under an hour of funding at the current rate (+$90 a day). At the pace of the last 7 days (+0.166% in total) that is about 36 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.166% in total (about 8.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$15.01 per $10,000. 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 | HTX SKHYNIX-USDT | 1,332.5 | −0.3864 | get 0.1932% / 4h | 3h 27m | $1.2M | $2.7M | 50x |
| Short | Binance SKHYNIXUSDT | 1,331.4 | −0.0863 | pay 0.0431% / 4h | 3h 27m | $324.7M | $986.0M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against HTX. 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
- $630.27
- Price spread: −0.084% → −0.049%
- −$3.52
- Slippage, 4 orders
- −$5.45
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $599.3
- Costs to cover
- 0.275%
- Break-even
- 0.3 days
Slippage from HTX: live order book, 2 min ago; Binance: live order book, 2 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 HTX live order book, 2 min ago | 2.18 bp | 8.5 bp −$9 | 14.6 bp −$146 | 46.8 bp −$4,685 | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.04 bp | 5.1 bp −$5 | 6.3 bp −$63 | 17.5 bp −$1,755 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT SKHYNIX_USDT_Perp | −0.4304% | 4h | 1,329.9 | −0.197% | $96K | $225K | 10x | as long as short |
| HTX SKHYNIX-USDTlong | −0.3864% | 4h | 1,332.5 | long leg | $1.2M | $2.7M | 50x | |
| SunX SKHYNIX-USDT | −0.1509% | 4h | 1,332.8 | +0.020% | $969 | $445K | 10x | as long as short |
| edgeX SKHYNIXUSDC | −0.1478% | 4h | 1,331.3 | −0.092% | $3.2M | $431K | 10x | as long as short |
| ApeX Omni SKHYNIXUSDT | −0.1441% | 1h | 1,330.3 | −0.169% | $139K | $259K | 50x | as long as short |
| Bybit SKHYNIXUSDT | −0.1102% | 8h | 1,331.5 | −0.082% | $18.3M | $31.4M | 100x | as long as short |
| BloFin SKHYNIX-USDT | −0.0871% | 4h | 1,331.4 | −0.083% | $2.5M | $4.0M | 50x | as long as short |
| Extended SKHYNIX-USD | −0.0864% | 1h | 1,331.1 | −0.110% | $2.3M | $85K | 10x | as long as short |
| Binance SKHYNIXUSDTshort | −0.0863% | 4h | 1,331.4 | −0.084% | $324.7M | $986.0M | 50x | |
| KuCoin SKHYNIXUSDTM | −0.0824% | 4h | 1,331.2 | −0.099% | $5.1M | $8.3M | 20x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYNIXUSD1 | −0.0575% | 4h | 1,337.5 | +0.368% | $18.0M | $26.0M | 20x | as long as short |
| Bitget SKHYNIXUSDT | −0.0508% | 4h | 1,332 | −0.040% | $21.1M | $36.7M | 20x | as long as short |
| Aftermath Perps SKHYNIXUSD | −0.0245% | 1h | 1,331.5 | −0.076% | $722 | $35K | 5x | as long as short |
| Gate SKHYNIX_USDT | −0.0108% | 4h | 1,331.8 | −0.059% | $137.6M | $76.3M | 75x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,332.3 | −0.021% | $1.1M | $779K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0050% | 1h | 1,332.4 | −0.011% | $249K | $974K | 10x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0086% | 8h | 1,331.2 | −0.098% | $5K | $1K | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,331.5 | −0.077% | $31K | — | 10x | as long as short |
| SoDEX SKHX-USD | +0.0167% | 1h | 1,331.4 | −0.086% | $389 | $8K | 10x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0278% | 8h | 1,331.3 | −0.093% | $51.3M | $133.9M | 50x | as long as short |
| Pacifica SKHYNIX | +0.0285% | 1h | 1,331.6 | −0.071% | $103K | $444K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0534% | 1h | 1,331.2 | −0.101% | $294.2M | $283.1M | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0756% | 1h | 1,332.6 | +0.005% | $14K | $466K | 10x | as long as short |
HTX SKHYNIX-USDT
Binance SKHYNIXUSDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDT
edgeX SKHYNIXUSDC
ApeX Omni SKHYNIXUSDT
Bybit SKHYNIXUSDT
BloFin SKHYNIX-USDT
Extended SKHYNIX-USD
KuCoin SKHYNIXUSDTM
Aster SKHYNIXUSD1
Bitget SKHYNIXUSDT
Aftermath Perps SKHYNIXUSD
Gate SKHYNIX_USDT
Phemex SKHYNIXUSDT
Polymarket Perps SKHYNIX-USD
SoDEX SKHX-USD
OKX SKHYNIX-USDT-SWAP
Pacifica SKHYNIX
tradeXYZ xyz:SKHX
Bullet SKHYNIX-USD