Funding you earn now, next payment 08:00 UTC−0.0373%/8h= −40.9% APRpaid last 24h −0.014%
Price spread now: Binance against OKX−0.025%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$220.220% of the position
Funding, last 7 days−0.060%−$6 on $10k
+Price spread, last 7 days+0.069%+$7 · spread now −0.025%, 7d avg −0.005%
=The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.060% in total (about -3.1% 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 | OKX SKHYNIX-USDT-SWAP | 1,366.7 | 0.0373 | pay 0.0373% / 8h | 2h 08m | $53.7M | $126.5M | 50x |
| Short | Binance SKHYNIXUSDT | 1,366.4 | 0 | get 0.0000% / 4h | 2h 08m | $336.7M | $885.9M | 50x |
OKX SKHYNIX-USDT-SWAP
Binance SKHYNIXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- −$78.42
- Price spread: −0.025% → −0.005%
- −$1.98
- Slippage, 4 orders
- −$1.97
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$102.36
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Binance: 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 OKX live order book, 5 min ago | 0.37 bp | 5.7 bp −$6 | 6.8 bp −$68 | 18.7 bp −$1,873 | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.04 bp | 5.1 bp −$5 | 6.2 bp −$62 | 13.7 bp −$1,375 | 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 | −0.0034% | 4h | 1,364.9 | −0.134% | $3.3M | $430K | 10x | as long as short |
| BloFin SKHYNIX-USDT | −0.0017% | 4h | 1,366.2 | −0.034% | $2.6M | $4.1M | 50x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,366.5 | −0.017% | $18.6M | $37.0M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,365.6 | −0.078% | $2.3M | $78K | 10x | as long as short |
| Binance SKHYNIXUSDTshort | 0.0000% | 4h | 1,366.4 | −0.025% | $336.7M | $885.9M | 50x | |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,366.9 | +0.015% | $19.6M | $31.4M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,367.1 | +0.029% | $143.3M | $76.3M | 75x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,366 | −0.053% | $1K | $532K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,365.1 | −0.119% | $1.3M | $2.4M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,366.1 | −0.042% | $1.2M | $776K | 10x | as long as short |
edgeX SKHYNIXUSDC
BloFin SKHYNIX-USDT
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX SKHX-USD | +0.0050% | 1h | 1,365.5 | −0.088% | $726 | $8K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0081% | 1h | 1,365.4 | −0.095% | $296.4M | $249.4M | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,367.5 | +0.056% | $104K | $429K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,365.5 | −0.088% | $5.0M | $8.2M | 20x | as long as short |
| GRVT SKHYNIX_USDT_Perp | +0.0100% | 4h | 1,366.4 | −0.018% | $98K | $213K | 10x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,366.7 | +0.003% | $142K | $259K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,365.3 | −0.105% | $5K | $858 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,365.9 | −0.058% | $32K | — | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0220% | 1h | 1,362.2 | −0.332% | $669 | $37K | 5x | as long as short |
| Bullet SKHYNIX-USD | +0.0231% | 1h | 1,366.1 | −0.044% | $15K | $470K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0238% | 1h | 1,366 | −0.051% | $263K | $996K | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0264% | 4h | 1,367 | +0.019% | $22.6M | $32.2M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAPlong | +0.0373% | 8h | 1,366.7 | long leg | $53.7M | $126.5M | 50x |
SoDEX SKHX-USD
tradeXYZ xyz:SKHX
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
GRVT SKHYNIX_USDT_Perp
ApeX Omni SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
Aftermath Perps SKHYNIXUSD
Bullet SKHYNIX-USD
Polymarket Perps SKHYNIX-USD
Bitget SKHYNIXUSDT