Funding you earn now, next payment 09:00 UTC−0.3848%/8h= −421.3% APRpaid last 24h −0.014%
Price spread now: HTX against tradeXYZ+0.326%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$380.380% of the position
Funding, last 7 days−0.226%−$23 on $10k
+Price spread, last 4 days (all we have)−0.353%−$35 · spread now +0.326%, 7d avg +0.036%
=Together, before fees−0.579%+ Points / potential airdroptradeXYZ: Active · farm board−$58 on $10k · with fees, hour by hour
The price spread pays, funding is against you. HTX is 0.290% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.326% now, against its 7-day average of +0.036%): +$29 on $10k if it goes back. Holding the pair costs −$115 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.226% in total) that is about 9.0 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.226% in total (about -11.8% 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 | 1,332.3 | 0.0725 | pay 0.0091% / 1h | 34m 14s | $296.1M | $277.5M | 10x |
| Short | HTX SKHYNIX-USDT | 1,336.6 | −0.3123 | pay 0.1562% / 4h | 3h 34m | $1.2M | $2.6M | 50x |
tradeXYZ xyz:SKHX
HTX SKHYNIX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$808.05
- Price spread: +0.326% → +0.036%
- $29.02
- Slippage, 4 orders
- −$7.99
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$817.02
- Costs to cover
- 0.380%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 5 min ago; HTX: live order book, 5 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 | 0.37 bp | 12.4 bp −$12 | 13.3 bp −$133 | 20.5 bp −$2,053 | doesn't fit |
| Sell HTX live order book, 5 min ago | 2.06 bp | 8.1 bp −$8 | 10.1 bp −$101 | 22.1 bp −$2,213 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT SKHYNIX_USDT_Perp | −0.4064% | 4h | 1,337.1 | +0.360% | $97K | $226K | 10x | as long as short |
| HTX SKHYNIX-USDTshort | −0.3123% | 4h | 1,336.6 | +0.326% | $1.2M | $2.6M | 50x | |
| ApeX Omni SKHYNIXUSDT | −0.1152% | 1h | 1,338.2 | +0.443% | $139K | $259K | 50x | as long as short |
| SunX SKHYNIX-USDT | −0.0893% | 4h | 1,335.1 | +0.209% | $963 | $449K | 10x | as long as short |
| edgeX SKHYNIXUSDC | −0.0652% | 4h | 1,336.1 | +0.286% | $3.3M | $429K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | −0.0552% | 4h | 1,336.3 | +0.298% | $5.1M | $8.3M | 20x | as long as short |
| Binance SKHYNIXUSDT | −0.0482% | 4h | 1,335.6 | +0.248% | $324.4M | $976.9M | 50x | as long as short |
| Extended SKHYNIX-USD | −0.0480% | 1h | 1,335.6 | +0.244% | $2.3M | $85K | 10x | as long as short |
| Bybit SKHYNIXUSDT | −0.0451% | 8h | 1,335.3 | +0.223% | $18.6M | $30.8M | 100x | as long as short |
| BloFin SKHYNIX-USDT | −0.0446% | 4h | 1,335 | +0.203% | $2.5M | $4.0M | 50x | as long as short |
GRVT SKHYNIX_USDT_Perp
ApeX Omni SKHYNIXUSDT
SunX SKHYNIX-USDT
edgeX SKHYNIXUSDC
KuCoin SKHYNIXUSDTM
Binance SKHYNIXUSDT
Extended SKHYNIX-USD
Bybit SKHYNIXUSDT
BloFin SKHYNIX-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYNIXUSD1 | −0.0253% | 4h | 1,340.8 | +0.637% | $18.2M | $26.4M | 20x | as long as short |
| Bitget SKHYNIXUSDT | −0.0188% | 4h | 1,335.3 | +0.227% | $21.4M | $36.0M | 20x | as long as short |
| Aftermath Perps SKHYNIXUSD | −0.0181% | 1h | 1,334.4 | +0.161% | $679 | $35K | 5x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,335.9 | +0.267% | $138.3M | $75.3M | 75x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,336.7 | +0.333% | $1.2M | $779K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0050% | 1h | 1,330.8 | −0.113% | $249K | $974K | 10x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,336 | +0.274% | $5K | $1K | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,334.1 | +0.138% | $31K | — | 10x | as long as short |
| Pacifica SKHYNIX | +0.0285% | 1h | 1,333.9 | +0.124% | $100K | $437K | 10x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0349% | 8h | 1,335.3 | +0.225% | $51.8M | $130.5M | 50x | as long as short |
| SoDEX SKHX-USD | +0.0389% | 1h | 1,334.2 | +0.140% | $390 | $8K | 10x | as long as short |
| tradeXYZ xyz:SKHXlong | +0.0725% | 1h | 1,332.3 | long leg | $296.1M | $277.5M | 10x | |
| Bullet SKHYNIX-USD | +0.0938% | 1h | 1,333.9 | +0.120% | $13K | $466K | 10x | as long as short |
Aster SKHYNIXUSD1
Bitget SKHYNIXUSDT
Aftermath Perps SKHYNIXUSD
Gate SKHYNIX_USDT
Phemex SKHYNIXUSDT
Polymarket Perps SKHYNIX-USD
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
Pacifica SKHYNIX
OKX SKHYNIX-USDT-SWAP
SoDEX SKHX-USD
Bullet SKHYNIX-USD