Funding you earn now, next payment 00:00 UTC−0.0212%/8h= −23.2% APRpaid last 24h −0.078%
Price spread now: edgeX against Phemex+0.009%7-day average −0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$115as in the Price arb table
costs, in and out, $10k−$1191.189% of the position
Funding, last 7 days+0.822%+$82 on $10k
+Price spread, last 3 days (all we have)+0.006%+$1 · spread now +0.009%, 7d avg −0.029%
=Together, before fees+0.828%+ Points / potential airdropedgeX: Active · farm board+$83 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.038% dearer against Phemex than usual: you sell high and buy low (spread +0.009% now, against its 7-day average of −0.029%): +$4 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 15 hours. Mind the row above: over the last 7 days funding on this pair paid +0.822%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SKHYNIXUSDT | 1,383.3 | 0 | get 0.0000% / 8h | 14m 44s | $1.2M | $769K | 10x |
| Short | edgeX SKHYNIXUSDC | 1,383.4 | −0.0212 | pay 0.0106% / 4h | 14m 44s | $3.4M | $432K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Phemex. 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
- −$44.47
- Price spread: +0.009% → −0.029%
- $3.84
- Slippage, 4 orders
- −$97.86
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$159.49
- Costs to cover
- 1.189%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 3 min ago; edgeX: live order book, 4 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 Phemex live order book, 3 min ago | 2.82 bp | 40.2 bp −$40 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 4 min ago | 10.08 bp | 15.1 bp −$15 | 26.7 bp −$267 | 82.7 bp −$8,267 | 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 SKHYNIXUSDCshort | −0.0212% | 4h | 1,383.4 | +0.009% | $3.4M | $432K | 10x | |
| Bullet SKHYNIX-USD | 0.0000% | 1h | 1,383.5 | +0.015% | $15K | $467K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,383.7 | +0.029% | $1K | $892K | 10x | as long as short |
| Phemex SKHYNIXUSDTlong | 0.0000% | 8h | 1,383.3 | long leg | $1.2M | $769K | 10x | |
| SoDEX SKHX-USD | +0.0027% | 1h | 1,384 | +0.047% | $736 | $8K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0050% | 1h | 1,384.4 | +0.080% | $277K | $1.6M | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0051% | 1h | 1,385.2 | +0.137% | $346.4M | $187.0M | 10x | as long as short |
| Aster SKHYNIXUSD1 | +0.0093% | 4h | 1,382.8 | −0.039% | $18.4M | $42.8M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,384.1 | +0.058% | $144K | $263K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,383.1 | −0.013% | $5K | $1K | 10x | as long as short |
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 | +0.127% | $32K | — | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0122% | 4h | 1,383.2 | −0.007% | $24.1M | $26.7M | 20x | as long as short |
| Gate SKHYNIX_USDT | +0.0128% | 4h | 1,384.4 | +0.082% | $136.9M | $73.5M | 75x | as long as short |
| HTX SKHYNIX-USDT | +0.0163% | 4h | 1,383.8 | +0.033% | $1.2M | $2.2M | 50x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0188% | 4h | 1,382.4 | −0.063% | $5.1M | $8.2M | 20x | as long as short |
| BloFin SKHYNIX-USDT | +0.0254% | 4h | 1,383.2 | −0.008% | $2.5M | $4.1M | 50x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0292% | 8h | 1,383.8 | +0.036% | $52.7M | $112.5M | 50x | as long as short |
| Bybit SKHYNIXUSDT | +0.0301% | 8h | 1,384 | +0.051% | $20.4M | $36.2M | 100x | as long as short |
| Extended SKHYNIX-USD | +0.0312% | 1h | 1,382.7 | −0.045% | $2.4M | $225K | 10x | as long as short |
| Binance SKHYNIXUSDT | +0.0312% | 4h | 1,382.1 | −0.088% | $352.7M | $739.7M | 50x | as long as short |
| GRVT SKHYNIX_USDT_Perp | +0.0442% | 4h | 1,384 | +0.048% | $105K | $208K | 10x | as long as short |
| Pacifica SKHYNIX | +0.0621% | 1h | 1,383.5 | +0.012% | $148K | $407K | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0761% | 1h | 1,383.9 | +0.040% | $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
Bybit SKHYNIXUSDT
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
GRVT SKHYNIX_USDT_Perp
Pacifica SKHYNIX
Aftermath Perps SKHYNIXUSD