Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.010%
Price spread now: Bybit against Pacifica+0.078%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$310.310% of the position
Funding, last 7 days−0.503%−$50 on $10k
+Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.078%, 7d avg +0.027%
=Together, before fees−0.557%+ Points / potential airdropPacifica: Active · farm board−$56 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.051% dearer against Pacifica than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of +0.027%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 41 hours. At the pace of the last 7 days (−0.503% in total) that is about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica SKHYNIX | 1,406.2 | 0.0100 | pay 0.0013% / 1h | 21m 33s | $129K | $390K | 10x |
| Short | Bybit SKHYNIXUSDT | 1,407.3 | 0 | get 0.0000% / 8h | 6h 21m | $20.6M | $33.2M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Pacifica. 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: +0.078% → +0.027%
- $5.14
- Slippage, 4 orders
- −$12
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$46.86
- Costs to cover
- 0.310%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 47 min ago; Bybit: live order book, 2 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 Pacifica live order book, 47 min ago | 0.35 bp | 6.7 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.04 bp | 7.3 bp −$7 | 10.6 bp −$106 | 38.2 bp −$3,817 | doesn't fit |
SKHYNIX on 22 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 | −0.0465% | 4h | 1,407.6 | +0.100% | $3.5M | $398K | 10x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,406.8 | +0.041% | $18.9M | $40.9M | 20x | as long as short |
| Bybit SKHYNIXUSDTshort | 0.0000% | 8h | 1,407.3 | +0.078% | $20.6M | $33.2M | 100x | |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,407.2 | +0.070% | $142.3M | $63.5M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,408.2 | +0.142% | $101K | $195K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,407.6 | +0.101% | $998 | $667K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,408.2 | +0.142% | $1.3M | $2.3M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,407.4 | +0.088% | $1.2M | $768K | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0024% | 1h | 1,407.3 | +0.076% | $15K | $466K | 10x | as long as short |
| Extended SKHYNIX-USD | +0.0048% | 1h | 1,405.9 | −0.021% | $2.4M | $71K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance SKHYNIXUSDT | +0.0049% | 4h | 1,406.2 | +0.001% | $350.6M | $741.0M | 50x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,406.9 | +0.049% | $748 | $8K | 10x | as long as short |
| Pacifica SKHYNIXlong | +0.0100% | 1h | 1,406.2 | long leg | $129K | $390K | 10x | |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,406.5 | +0.018% | $5.2M | $8.1M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,408.4 | +0.156% | $147K | $261K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,407 | +0.056% | $5K | $798 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,407.5 | +0.095% | $33K | — | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0117% | 1h | 1,405.9 | −0.021% | $319.6M | $201.7M | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0117% | 1h | 1,408 | +0.128% | $290K | $991K | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0230% | 4h | 1,407 | +0.058% | $23.7M | $25.7M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0267% | 8h | 1,407 | +0.057% | $54.0M | $111.1M | 50x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.1116% | 1h | 1,407.7 | +0.106% | $737 | $38K | 5x | as long as short |
Pacifica SKHYNIX
Bybit SKHYNIXUSDT
edgeX SKHYNIXUSDC
Aster SKHYNIXUSD1
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
Bullet SKHYNIX-USD
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
SoDEX SKHX-USD
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
tradeXYZ xyz:SKHX
Polymarket Perps SKHYNIX-USD
Bitget SKHYNIXUSDT
OKX SKHYNIX-USDT-SWAP
Aftermath Perps SKHYNIXUSD