Funding you earn now, next payment 05:00 UTC−0.0835%/8h= −91.4% APRpaid last 24h −0.155%
Price spread now: edgeX against tradeXYZ+0.306%66s7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs+$3as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$290.294% of the position
Funding, last 7 days+0.321%+$32 on $10k
+Price spread, last 7 days−0.249%−$25 · spread now +0.306%, 7d avg +0.015%
=Together, before fees+0.072%+ Points / potential airdroptradeXYZ: Active · edgeX: Active · farm board+$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.292% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.306% now, against its 7-day average of +0.015%): +$29 on $10k if it goes back. Holding the pair costs −$25 a day in funding at the current rate, which eats that in about 28 hours. Mind the row above: over the last 7 days funding on this pair paid +0.321%, so the current rate has only just turned against you. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.321% in total (about 16.7% 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 | 1,387 | 0.0050 | pay 0.0006% / 1h | 38m 17s | $306.4M | $222.4M | 10x |
| Short | edgeX SKHYNIXUSDC | 1,391.2 | −0.0785 | pay 0.0392% / 4h | 3h 38m | $3.4M | $372K | 10x |
tradeXYZ xyz:SKHX
edgeX SKHYNIXUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$175.33
- Price spread: +0.306% → +0.015%
- $29.16
- Slippage, 4 orders
- −$2.36
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$175.54
- Costs to cover
- 0.294%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 12 min ago; edgeX: 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 tradeXYZ live order book, 12 min ago | 0.72 bp | 9.7 bp −$10 | 10.2 bp −$102 | 15.4 bp −$1,544 | doesn't fit |
| Sell edgeX live order book, 1 min ago | 0.43 bp | 5.0 bp −$5 | 5.6 bp −$56 | 55.7 bp −$5,571 | 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 | −0.0785% | 4h | 1,391.2 | +0.306% | $3.4M | $372K | 10x | |
| BloFin SKHYNIX-USDT | −0.0018% | 4h | 1,387.3 | +0.022% | $2.6M | $4.1M | 50x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,388.1 | +0.079% | $18.6M | $39.0M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,388 | +0.075% | $2.4M | $71K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,388.5 | +0.110% | $345.4M | $778.3M | 50x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,389 | +0.141% | $20.2M | $31.8M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,388.6 | +0.115% | $142.0M | $67.0M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,390.9 | +0.283% | $100K | $204K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,388.9 | +0.133% | $867 | $582K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,387.7 | +0.047% | $1.3M | $2.4M | 50x | as long as short |
BloFin SKHYNIX-USDT
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDT
HTX SKHYNIX-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,389.4 | +0.172% | $1.2M | $772K | 10x | as long as short |
| tradeXYZ xyz:SKHXlong | +0.0050% | 1h | 1,387 | long leg | $306.4M | $222.4M | 10x | |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,388.3 | +0.096% | $739 | $8K | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0054% | 1h | 1,388.2 | +0.087% | $15K | $469K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0062% | 1h | 1,388 | +0.072% | $268K | $1.0M | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,387.8 | +0.054% | $121K | $395K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,387.8 | +0.055% | $5.1M | $8.1M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,393.3 | +0.453% | $145K | $260K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,388.4 | +0.101% | $5K | $858 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,389 | +0.141% | $33K | — | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0238% | 4h | 1,388.9 | +0.134% | $22.9M | $27.7M | 20x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0243% | 1h | 1,390.8 | +0.272% | $663 | $37K | 5x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0406% | 8h | 1,388.9 | +0.137% | $54.6M | $114.0M | 50x | as long as short |
Phemex SKHYNIXUSDT
SoDEX SKHX-USD
Bullet SKHYNIX-USD
Polymarket Perps SKHYNIX-USD
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
Bitget SKHYNIXUSDT
Aftermath Perps SKHYNIXUSD
OKX SKHYNIX-USDT-SWAP