Funding you earn now, next payment 08:00 UTC+0.0335%/8h= +36.7% APRnext payment +$3.35 per $10,000 · paid last 24h +0.084%
Price spread now: OKX against Phemex−0.019%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1081.082% of the position
Funding, last 7 days+0.363%+$36 on $10k
+Price spread, last 4 days (all we have)+0.007%+$1 · spread now −0.019%, 7d avg −0.001%
=The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SKHYNIXUSDT | 1,362.9 | 0 | get 0.0000% / 8h | 1h 52m | $1.2M | $776K | 10x |
| Short | OKX SKHYNIX-USDT-SWAP | 1,362.6 | 0.0335 | get 0.0335% / 8h | 1h 52m | $53.1M | $127.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $70.41
- Price spread: −0.019% → −0.001%
- −$1.79
- Slippage, 4 orders
- −$86.16
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$39.53
- Costs to cover
- 1.082%
- Break-even
- 10.9 days
Slippage from Phemex: live order book, 5 min ago; OKX: 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 Phemex live order book, 5 min ago | 3.33 bp | 46.5 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.37 bp | 5.8 bp −$6 | 7.0 bp −$70 | 20.2 bp −$2,017 | 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 | −0.0468% | 4h | 1,363.8 | +0.070% | $3.3M | $431K | 10x | as long as short |
| BloFin SKHYNIX-USDT | −0.0029% | 4h | 1,362.1 | −0.053% | $2.6M | $4.0M | 50x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,363.8 | +0.068% | $18.4M | $36.3M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,362.4 | −0.031% | $2.3M | $78K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,363 | +0.007% | $333.4M | $904.4M | 50x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,363.6 | +0.057% | $19.5M | $31.0M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,363 | +0.012% | $141.7M | $74.1M | 75x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,363.1 | +0.015% | $891 | $520K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,362.6 | −0.017% | $1.2M | $2.5M | 50x | as long as short |
| Phemex SKHYNIXUSDTlong | 0.0000% | 8h | 1,362.9 | long leg | $1.2M | $776K | 10x |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bullet SKHYNIX-USD | +0.0011% | 1h | 1,363.2 | +0.025% | $14K | $469K | 10x | as long as short |
| GRVT SKHYNIX_USDT_Perp | +0.0012% | 4h | 1,363.4 | +0.040% | $99K | $215K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0050% | 1h | 1,363.2 | +0.025% | $293.7M | $251.9M | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0050% | 1h | 1,363 | +0.010% | $257K | $1.0M | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,362.9 | +0.001% | $725 | $8K | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,363 | +0.011% | $103K | $430K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,362.8 | −0.007% | $5.0M | $8.2M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,366.1 | +0.238% | $142K | $259K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,363.8 | +0.070% | $5K | $858 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,363.5 | +0.044% | $32K | — | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0194% | 1h | 1,364.6 | +0.131% | $712 | $37K | 5x | as long as short |
| Bitget SKHYNIXUSDT | +0.0222% | 4h | 1,363.2 | +0.023% | $22.5M | $32.6M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAPshort | +0.0335% | 8h | 1,362.6 | −0.019% | $53.1M | $127.7M | 50x |
Phemex SKHYNIXUSDT
OKX SKHYNIX-USDT-SWAP
edgeX SKHYNIXUSDC
BloFin SKHYNIX-USDT
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Bullet SKHYNIX-USD
GRVT SKHYNIX_USDT_Perp
tradeXYZ xyz:SKHX
Polymarket Perps SKHYNIX-USD
SoDEX SKHX-USD
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Aftermath Perps SKHYNIXUSD
Bitget SKHYNIXUSDT