SKHYNIX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0378%/8h= −41.4% APRnext payment −$3.78 per $10,000 · paid last 24h −0.049%

Price spread now: Bybit against OKX+0.032%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$50as in the Funding arb table

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$240.242% of the position

Long on OKX Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.262%−$26 on $10k

Price spread, last 7 days−0.040%−$4 · spread now +0.032%, 7d avg −0.003%

Together, before fees−0.303%−$30 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bybit is 0.034% dearer against OKX than usual: you sell high and buy low (spread +0.032% now, against its 7-day average of −0.003%): +$3 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.262% in total) that is about 22 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.262% in total (about -13.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.78 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	OKX SKHYNIX-USDT-SWAP	1,349.7	0.0378	pay 0.0378% / 8h	12m 22s	$52.2M	$131.1M	50x
Short	Bybit SKHYNIXUSDT	1,350.1	0	get 0.0000% / 8h	12m 22s	$19.0M	$30.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against OKX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee OKXbpFee BybitbpOrdersPrice spread, now +0.032%Rate

Funding earned: −$79.33
Price spread: +0.032% → −0.003%: $3.45
Slippage, 4 orders: −$3.23
Fee OKX: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$100.11
Costs to cover: 0.242%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; Bybit: live order book, 1 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, 2 min ago	0.37 bp	5.4 bp −$5	7.3 bp −$73	16.1 bp −$1,609	doesn't fit
Sell Bybit live order book, 1 min ago	0.04 bp	6.6 bp −$7	12.1 bp −$121	45.6 bp −$4,557	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	−0.0103%	4h	1,350.6	+0.067%	$3.3M	$431K	10x	as long as short
Aftermath Perps SKHYNIXUSD	−0.0056%	1h	1,350.1	+0.031%	$662	$35K	5x	as long as short
Aster SKHYNIXUSD1	0.0000%	4h	1,351.6	+0.143%	$18.4M	$29.5M	20x	as long as short
Extended SKHYNIX-USD	0.0000%	1h	1,349.9	+0.018%	$2.3M	$78K	10x	as long as short
Binance SKHYNIXUSDT	0.0000%	4h	1,350.3	+0.046%	$328.3M	$955.2M	50x	as long as short
Bybit SKHYNIXUSDTshort	0.0000%	8h	1,350.1	+0.032%	$19.0M	$30.9M	100x
Gate SKHYNIX_USDT	0.0000%	4h	1,350.6	+0.063%	$140.3M	$77.4M	75x	as long as short
Bitget SKHYNIXUSDT	0.0000%	4h	1,350.3	+0.044%	$21.7M	$34.5M	20x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,351.1	+0.107%	$98K	$222K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,350.3	+0.047%	$953	$471K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SKHYNIX-USDT	0.0000%	4h	1,351.4	+0.128%	$1.3M	$2.5M	50x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,350	+0.019%	$1.2M	$780K	10x	as long as short
BloFin SKHYNIX-USDT	+0.0053%	4h	1,351	+0.099%	$2.5M	$4.1M	50x	as long as short
Pacifica SKHYNIX	+0.0100%	1h	1,350.1	+0.030%	$102K	$433K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,350	+0.024%	$5.0M	$8.3M	20x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,351.2	+0.110%	$141K	$259K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,350.9	+0.092%	$5K	$1K	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,350.4	+0.054%	$32K	—	10x	as long as short
OKX SKHYNIX-USDT-SWAPlong	+0.0378%	8h	1,349.7	long leg	$52.2M	$131.1M	50x
SoDEX SKHX-USD	+0.0729%	1h	1,349.6	−0.011%	$248	$8K	10x	as long as short
tradeXYZ xyz:SKHX	+0.0833%	1h	1,348.6	−0.081%	$295.7M	$269.9M	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.1033%	1h	1,349.9	+0.015%	$252K	$974K	10x	as long as short
Bullet SKHYNIX-USD	+0.1085%	1h	1,349.8	+0.007%	$15K	$467K	10x	as long as short