Funding you earn now, next payment 04:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h +0.027%
Price spread now: BloFin against OKX+0.224%573s7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as 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−$230.233% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 3 days (all we have)−0.206%−$21 · spread now +0.224%, 7d avg −0.022%
=The price spread pays, funding is against you. BloFin is 0.246% dearer against OKX than usual: you sell high and buy low (spread +0.224% now, against its 7-day average of −0.022%): +$25 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 18 days. The two prices were read 573 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 | OKX SKHYNIX-USDT-SWAP | 1,408.6 | 0.0274 | pay 0.0274% / 8h | 6h 39m | $54.2M | $111.3M | 50x |
| Short | BloFin SKHYNIX-USDT | 1,411.8 | 0.0228 | get 0.0114% / 4h | 2h 39m | $2.6M | $4.2M | 50x |
OKX SKHYNIX-USDT-SWAP
BloFin SKHYNIX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- −$9.57
- Price spread: +0.224% → −0.022%
- $24.6
- Slippage, 4 orders
- −$1.3
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$8.27
- Costs to cover
- 0.233%
- Break-even
- from the start
Slippage from OKX: live order book, 4 min ago; BloFin: 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 OKX live order book, 4 min ago | 0.35 bp | 5.4 bp −$5 | 6.7 bp −$67 | 19.4 bp −$1,936 | doesn't fit |
| Sell BloFin live order book, 9 min ago | 0.07 bp | 6.1 bp −$6 | 8.2 bp −$82 | 11.3 bp −$1,132 | 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 | −0.0719% | 4h | 1,407 | −0.116% | $3.4M | $397K | 10x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,408.9 | +0.023% | $20.6M | $33.1M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,408.8 | +0.011% | $142.4M | $62.9M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,409.2 | +0.039% | $102K | $196K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,408.5 | −0.010% | $924 | $690K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,408.3 | −0.021% | $1.3M | $2.2M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,408.6 | 0.000% | $1.2M | $768K | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0001% | 1h | 1,408.3 | −0.021% | $15K | $468K | 10x | as long as short |
| Aster SKHYNIXUSD1 | +0.0006% | 4h | 1,408.4 | −0.013% | $18.9M | $41.5M | 20x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,407.8 | −0.058% | $749 | $8K | 10x | as long as short |
edgeX SKHYNIXUSDC
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
Bullet SKHYNIX-USD
Aster SKHYNIXUSD1
SoDEX SKHX-USDShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica SKHYNIX | +0.0100% | 1h | 1,408 | −0.042% | $129K | $390K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,407.7 | −0.065% | $5.2M | $8.1M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,407.5 | −0.081% | $147K | $261K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,408 | −0.040% | $5K | $798 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,409.1 | +0.036% | $33K | — | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0110% | 1h | 1,408 | −0.043% | $293K | $947K | 10x | as long as short |
| Binance SKHYNIXUSDT | +0.0125% | 4h | 1,407.7 | −0.060% | $352.2M | $743.6M | 50x | as long as short |
| Extended SKHYNIX-USD | +0.0128% | 1h | 1,408 | −0.043% | $2.4M | $78K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0133% | 1h | 1,407.5 | −0.078% | $321.6M | $199.6M | 10x | as long as short |
| BloFin SKHYNIX-USDTshort | +0.0228% | 4h | 1,411.8 | +0.224% | $2.6M | $4.2M | 50x | |
| Bitget SKHYNIXUSDT | +0.0236% | 4h | 1,408.2 | −0.031% | $23.9M | $25.3M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAPlong | +0.0274% | 8h | 1,408.6 | long leg | $54.2M | $111.3M | 50x | |
| Aftermath Perps SKHYNIXUSD | +0.1471% | 1h | 1,408.9 | +0.018% | $702 | $38K | 5x | as long as short |
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
Polymarket Perps SKHYNIX-USD
Binance SKHYNIXUSDT
Extended SKHYNIX-USD
tradeXYZ xyz:SKHX
Bitget SKHYNIXUSDT
Aftermath Perps SKHYNIXUSD