Funding you earn now, next payment 08:00 UTC−0.0786%/8h= −86.1% APRpaid last 24h +0.042%
Price spread now: Binance against tradeXYZ+0.089%7-day average +0.049% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$300.303% of the position
Funding, last 7 days−0.034%−$3 on $10k
+Price spread, last 7 days−0.011%−$1 · spread now +0.089%, 7d avg +0.049%
=Together, before fees−0.046%+ Points / potential airdroptradeXYZ: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.040% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.089% now, against its 7-day average of +0.049%): +$4 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.034% in total) that is about 8.2 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.034% in total (about -1.8% a year). A funding rate is set anew for every payment. 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 | tradeXYZ xyz:SKHX | 1,351.8 | 0.0786 | pay 0.0098% / 1h | 32m 02s | $296.5M | $269.4M | 10x |
| Short | Binance SKHYNIXUSDT | 1,353 | 0 | get 0.0000% / 4h | 32m 02s | $328.5M | $953.1M | 50x |
tradeXYZ xyz:SKHX
Binance SKHYNIXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against tradeXYZ. 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
- −$165.04
- Price spread: +0.089% → +0.049%
- $3.97
- Slippage, 4 orders
- −$2.31
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$191.37
- Costs to cover
- 0.303%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 8 min ago; Binance: live order book, 12 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 tradeXYZ live order book, 8 min ago | 0.74 bp | 9.7 bp −$10 | 11.3 bp −$113 | doesn't fit | doesn't fit |
| Sell Binance live order book, 12 min ago | 0.04 bp | 5.7 bp −$6 | 7.4 bp −$74 | 13.4 bp −$1,339 | 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 | −0.0232% | 4h | 1,351.9 | +0.004% | $3.3M | $430K | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | −0.0057% | 1h | 1,352.9 | +0.079% | $699 | $36K | 5x | as long as short |
| BloFin SKHYNIX-USDT | −0.0009% | 4h | 1,353.5 | +0.127% | $2.5M | $4.1M | 50x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,352.4 | +0.047% | $18.4M | $31.7M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,352.2 | +0.031% | $2.3M | $78K | 10x | as long as short |
| Binance SKHYNIXUSDTshort | 0.0000% | 4h | 1,353 | +0.089% | $328.5M | $953.1M | 50x | |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,352.7 | +0.066% | $19.1M | $31.0M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,353.3 | +0.109% | $140.4M | $77.0M | 75x | as long as short |
| Bitget SKHYNIXUSDT | 0.0000% | 4h | 1,353 | +0.092% | $21.8M | $34.4M | 20x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,352.9 | +0.079% | $98K | $219K | 10x | as long as short |
edgeX SKHYNIXUSDC
Aftermath Perps SKHYNIXUSD
BloFin SKHYNIX-USDT
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
Bitget SKHYNIXUSDT
GRVT SKHYNIX_USDT_PerpShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,353.5 | +0.126% | $1K | $483K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,354.4 | +0.189% | $1.3M | $2.5M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,352.7 | +0.067% | $1.2M | $777K | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,353 | +0.089% | $102K | $433K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,352.4 | +0.046% | $5.0M | $8.3M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,352.4 | +0.041% | $141K | $259K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,352.4 | +0.041% | $5K | $1K | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,353.2 | +0.106% | $32K | — | 10x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0334% | 8h | 1,353 | +0.089% | $51.9M | $131.5M | 50x | as long as short |
| SoDEX SKHX-USD | +0.0681% | 1h | 1,352.4 | +0.041% | $260 | $8K | 10x | as long as short |
| tradeXYZ xyz:SKHXlong | +0.0786% | 1h | 1,351.8 | long leg | $296.5M | $269.4M | 10x | |
| Polymarket Perps SKHYNIX-USD | +0.0967% | 1h | 1,352.6 | +0.059% | $253K | $983K | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.1010% | 1h | 1,352.5 | +0.052% | $13K | $467K | 10x | as long as short |
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
OKX SKHYNIX-USDT-SWAP
SoDEX SKHX-USD
Polymarket Perps SKHYNIX-USD
Bullet SKHYNIX-USD