Funding you earn now, next payment 06:00 UTC−0.0071%/8h= −7.8% APRpaid last 24h +0.044%
Price spread now: GRVT against tradeXYZ+0.127%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$320.320% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 4 days (all we have)−0.002%$0 · spread now +0.127%, 7d avg +0.037%
=Together, before fees+0.015%+ Points / potential airdroptradeXYZ: Active · GRVT: Active · farm board+$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.090% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.127% now, against its 7-day average of +0.037%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 4.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SKHX | 1,376.5 | 0.0071 | pay 0.0009% / 1h | 45m 39s | $298.9M | $234.1M | 10x |
| Short | GRVT SKHYNIX_USDT_Perp | 1,378.3 | 0 | get 0.0000% / 4h | 2h 45m | $99K | $208K | 10x |
tradeXYZ xyz:SKHX
GRVT SKHYNIX_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT 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
- −$14.95
- Price spread: +0.127% → +0.037%
- $9.01
- Slippage, 4 orders
- −$5.01
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$37.96
- Costs to cover
- 0.320%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 5 min ago; GRVT: 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 tradeXYZ live order book, 5 min ago | 0.36 bp | 9.9 bp −$10 | 11.2 bp −$112 | 16.2 bp −$1,615 | doesn't fit |
| Sell GRVT live order book, 2 min ago | 1.05 bp | 6.3 bp −$6 | 7.4 bp −$74 | doesn't fit | 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 | −0.0498% | 4h | 1,375.7 | −0.055% | $3.4M | $392K | 10x | as long as short |
| BloFin SKHYNIX-USDT | −0.0030% | 4h | 1,376 | −0.036% | $2.6M | $4.1M | 50x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,379 | +0.182% | $18.7M | $37.1M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,378.1 | +0.117% | $2.4M | $71K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,378.6 | +0.150% | $339.5M | $826.0M | 50x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,379 | +0.184% | $19.9M | $31.0M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,379 | +0.183% | $142.3M | $71.2M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perpshort | 0.0000% | 4h | 1,378.3 | +0.127% | $99K | $208K | 10x | |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,375.7 | −0.058% | $988 | $564K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,376.7 | +0.015% | $1.3M | $2.4M | 50x | as long as short |
edgeX SKHYNIXUSDC
BloFin SKHYNIX-USDT
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
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 | 1,377.4 | +0.068% | $1.2M | $776K | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,377.3 | +0.054% | $733 | $8K | 10x | as long as short |
| tradeXYZ xyz:SKHXlong | +0.0071% | 1h | 1,376.5 | long leg | $298.9M | $234.1M | 10x | |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,378.3 | +0.134% | $105K | $411K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,377.2 | +0.054% | $5.1M | $8.1M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,378.3 | +0.129% | $144K | $260K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,377.6 | +0.083% | $5K | $858 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,378.3 | +0.129% | $32K | — | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0176% | 1h | 1,378.2 | +0.121% | $14K | $470K | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0186% | 1h | 1,378.3 | +0.128% | $657 | $37K | 5x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0186% | 1h | 1,377.8 | +0.094% | $266K | $997K | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0202% | 4h | 1,378.9 | +0.176% | $22.3M | $30.0M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0360% | 8h | 1,378.4 | +0.138% | $54.0M | $119.9M | 50x | as long as short |
Phemex SKHYNIXUSDT
SoDEX SKHX-USD
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
Bullet SKHYNIX-USD
Aftermath Perps SKHYNIXUSD
Polymarket Perps SKHYNIX-USD
Bitget SKHYNIXUSDT
OKX SKHYNIX-USDT-SWAP