Funding you earn now, next payment 08:00 UTC+0.0384%/8h= +42.1% APRpaid last 24h +0.055%
Price spread now: OKX against HTX−0.169%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$3as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$290.290% of the position
Funding, last 7 days+0.261%+$26 on $10k
+Price spread, last 4 days (all we have)+0.111%+$11 · spread now −0.169%, 7d avg −0.004%
=Funding pays, the price is against you. OKX is 0.165% cheaper against HTX than usual: you would sell low and buy high (spread −0.169% now, against its 7-day average of −0.004%). If the spread goes back, that is −$16 on $10k: about 34 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.261% in total) that is about 4.4 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.261% in total (about 13.6% a year). A funding rate is set anew for every payment. 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 | 1,384.6 | 0 | get 0.0000% / 4h | 3h 18m | $1.3M | $2.4M | 50x |
| Short | OKX SKHYNIX-USDT-SWAP | 1,382.3 | 0.0384 | get 0.0384% / 8h | 3h 18m | $54.1M | $114.9M | 50x |
HTX SKHYNIX-USDT
OKX SKHYNIX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $80.69
- Price spread: −0.169% → −0.004%
- −$16.5
- Slippage, 4 orders
- −$6.96
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $35.24
- Costs to cover
- 0.290%
- Break-even
- 3.9 days
Slippage from HTX: live order book, 5 min ago; OKX: 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 HTX live order book, 5 min ago | 0.40 bp | 6.7 bp −$7 | 6.8 bp −$68 | 17.2 bp −$1,723 | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.36 bp | 6.7 bp −$7 | 8.0 bp −$80 | 23.1 bp −$2,306 | 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 | −0.0063% | 4h | 1,386 | +0.099% | $3.4M | $391K | 10x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,382.6 | −0.147% | $18.7M | $38.6M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,381.6 | −0.220% | $2.4M | $71K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,382 | −0.189% | $342.8M | $793.7M | 50x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,383.1 | −0.111% | $20.1M | $31.6M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,384.3 | −0.027% | $141.0M | $70.5M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,386 | +0.100% | $100K | $207K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,383.8 | −0.064% | $1K | $579K | 10x | as long as short |
| HTX SKHYNIX-USDTlong | 0.0000% | 4h | 1,384.6 | long leg | $1.3M | $2.4M | 50x | |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,384 | −0.045% | $1.2M | $774K | 10x | as long as short |
edgeX SKHYNIXUSDC
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDT
Phemex SKHYNIXUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet SKHYNIX-USD | +0.0016% | 1h | 1,383.7 | −0.066% | $14K | $468K | 10x | as long as short |
| BloFin SKHYNIX-USDT | +0.0049% | 4h | 1,384 | −0.046% | $2.6M | $4.1M | 50x | as long as short |
| tradeXYZ xyz:SKHX | +0.0050% | 1h | 1,382.6 | −0.147% | $302.4M | $228.6M | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0050% | 1h | 1,384 | −0.046% | $267K | $997K | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,383.7 | −0.071% | $736 | $8K | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,383.3 | −0.094% | $108K | $408K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,383.1 | −0.115% | $5.1M | $8.0M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,386.7 | +0.151% | $145K | $260K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,383.2 | −0.103% | $5K | $858 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,384.2 | −0.035% | $32K | — | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0169% | 1h | 1,384.7 | +0.002% | $660 | $37K | 5x | as long as short |
| Bitget SKHYNIXUSDT | +0.0182% | 4h | 1,382.5 | −0.154% | $22.7M | $28.1M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAPshort | +0.0384% | 8h | 1,382.3 | −0.169% | $54.1M | $114.9M | 50x |
Bullet SKHYNIX-USD
BloFin SKHYNIX-USDT
tradeXYZ xyz:SKHX
Polymarket Perps SKHYNIX-USD
SoDEX SKHX-USD
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
Aftermath Perps SKHYNIXUSD
Bitget SKHYNIXUSDT