Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.015%
Price spread now: Phemex against Orderly+0.038%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Phemex is 0.038% dearer against Orderly than usual: you sell high and buy low (spread +0.038% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 31 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_SKHYNIX_USDC_mythos | 1,383.2 | 0.0100 | pay 0.0100% / 8h | 15m 33s | $5K | $1K | 10x |
| Short | Phemex SKHYNIXUSDT | 1,383.7 | 0 | get 0.0000% / 8h | 15m 33s | $1.2M | $769K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Orderly. 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
- −$21
- Price spread: +0.038% → 0.000%
- $3.83
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$35.17
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Phemex: live order book, 2 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 2 min ago | 2.82 bp | 48.4 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0212% | 4h | 1,383.4 | +0.018% | $3.4M | $432K | 10x | as long as short |
| Bullet SKHYNIX-USD | 0.0000% | 1h | 1,383.5 | +0.023% | $15K | $467K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,383.7 | +0.038% | $1K | $892K | 10x | as long as short |
| Phemex SKHYNIXUSDTshort | 0.0000% | 8h | 1,383.7 | +0.038% | $1.2M | $769K | 10x | |
| SoDEX SKHX-USD | +0.0030% | 1h | 1,384.3 | +0.077% | $736 | $8K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0050% | 1h | 1,384.4 | +0.088% | $277K | $1.6M | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0068% | 1h | 1,384.3 | +0.081% | $346.3M | $186.7M | 10x | as long as short |
| Aster SKHYNIXUSD1 | +0.0088% | 4h | 1,382.6 | −0.045% | $18.4M | $42.8M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,384.1 | +0.067% | $144K | $263K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythoslong | +0.0100% | 8h | 1,383.2 | long leg | $5K | $1K | 10x |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aevo SKHX-PERP | +0.0104% | 1h | 1,385.1 | +0.137% | $32K | — | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0120% | 4h | 1,383.5 | +0.026% | $24.1M | $26.7M | 20x | as long as short |
| Gate SKHYNIX_USDT | +0.0128% | 4h | 1,383.8 | +0.047% | $136.8M | $73.5M | 75x | as long as short |
| HTX SKHYNIX-USDT | +0.0164% | 4h | 1,384.1 | +0.067% | $1.2M | $2.2M | 50x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0190% | 4h | 1,382.8 | −0.030% | $5.1M | $8.2M | 20x | as long as short |
| BloFin SKHYNIX-USDT | +0.0285% | 4h | 1,383.5 | +0.026% | $2.5M | $4.1M | 50x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0292% | 8h | 1,383.4 | +0.016% | $52.5M | $112.6M | 50x | as long as short |
| Extended SKHYNIX-USD | +0.0304% | 1h | 1,382.3 | −0.061% | $2.4M | $225K | 10x | as long as short |
| Bybit SKHYNIXUSDT | +0.0305% | 8h | 1,383.7 | +0.040% | $20.4M | $36.4M | 100x | as long as short |
| Binance SKHYNIXUSDT | +0.0311% | 4h | 1,382.6 | −0.040% | $352.9M | $738.9M | 50x | as long as short |
| GRVT SKHYNIX_USDT_Perp | +0.0442% | 4h | 1,384 | +0.056% | $105K | $208K | 10x | as long as short |
| Pacifica SKHYNIX | +0.0621% | 1h | 1,383.4 | +0.016% | $148K | $407K | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0758% | 1h | 1,384.3 | +0.081% | $674 | $39K | 5x | as long as short |
Phemex SKHYNIXUSDT
edgeX SKHYNIXUSDC
Bullet SKHYNIX-USD
SunX SKHYNIX-USDT
SoDEX SKHX-USD
Polymarket Perps SKHYNIX-USD
tradeXYZ xyz:SKHX
Aster SKHYNIXUSD1
ApeX Omni SKHYNIXUSDT
Bitget SKHYNIXUSDT
Gate SKHYNIX_USDT
HTX SKHYNIX-USDT
KuCoin SKHYNIXUSDTM
BloFin SKHYNIX-USDT
OKX SKHYNIX-USDT-SWAP
Extended SKHYNIX-USD
Bybit SKHYNIXUSDT
Binance SKHYNIXUSDT
GRVT SKHYNIX_USDT_Perp
Pacifica SKHYNIX
Aftermath Perps SKHYNIXUSD