Funding you earn now, next payment 04:00 UTC+0.0238%/8h= +26.1% APRpaid last 24h +0.049%
Price spread now: OKX against ApeX Omni+0.024%50s7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as 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−$350.351% of the position
Funding, last 7 days−0.022%−$2 on $10k
+Price spread, last 4 days (all we have)−0.198%−$20 · spread now +0.024%, 7d avg −0.013%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and OKX is 0.037% dearer against ApeX Omni than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.013%. The two prices were read 50 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 -0.022% in total (about -1.2% 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 | ApeX Omni SKHYNIXUSDT | 1,410.8 | 0.0100 | pay 0.0013% / 1h | 32m 41s | $147K | $260K | 50x |
| Short | OKX SKHYNIX-USDT-SWAP | 1,411.1 | 0.0338 | get 0.0338% / 8h | 4h 32m | $55.9M | $114.4M | 50x |
ApeX Omni SKHYNIXUSDT
OKX SKHYNIX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against ApeX Omni. 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
- $50.08
- Price spread: +0.024% → −0.013%
- $3.69
- Slippage, 4 orders
- −$15.06
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $18.71
- Costs to cover
- 0.351%
- Break-even
- 4.4 days
Slippage from ApeX Omni: live order book, 24 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 ApeX Omni live order book, 24 min ago | 6.55 bp | 12.3 bp −$12 | 34.4 bp −$344 | doesn't fit | doesn't fit |
| Sell OKX live order book, 1 min ago | 0.35 bp | 5.4 bp −$5 | 7.1 bp −$71 | 17.8 bp −$1,780 | 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 | −0.0760% | 4h | 1,410.1 | −0.045% | $3.5M | $373K | 10x | as long as short |
| BloFin SKHYNIX-USDT | −0.0004% | 4h | 1,410.5 | −0.016% | $2.7M | $4.1M | 50x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,410.1 | −0.050% | $18.8M | $39.8M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,409.9 | −0.060% | $2.4M | $71K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,410.4 | −0.029% | $349.6M | $750.7M | 50x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,411.2 | +0.034% | $20.5M | $31.9M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,411.3 | +0.038% | $143.2M | $64.5M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,410.8 | 0.000% | $101K | $198K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,409.7 | −0.077% | $1K | $617K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,410.5 | −0.022% | $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
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 | 1,410.4 | −0.026% | $1.2M | $766K | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0024% | 1h | 1,410.9 | +0.011% | $15K | $470K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0050% | 1h | 1,409.7 | −0.075% | $317.3M | $208.5M | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0050% | 1h | 1,411.1 | +0.024% | $276K | $1.0M | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,410.2 | −0.037% | $750 | $8K | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,410.4 | −0.026% | $128K | $386K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,410.1 | −0.050% | $5.2M | $8.1M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDTlong | +0.0100% | 1h | 1,410.8 | long leg | $147K | $260K | 50x | |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,410.7 | −0.006% | $5K | $798 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,411.4 | +0.043% | $33K | — | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0244% | 4h | 1,410.9 | +0.011% | $23.4M | $26.1M | 20x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0305% | 1h | 1,410.4 | −0.024% | $672 | $38K | 5x | as long as short |
| OKX SKHYNIX-USDT-SWAPshort | +0.0338% | 8h | 1,411.1 | +0.024% | $55.9M | $114.4M | 50x |
Phemex SKHYNIXUSDT
Bullet SKHYNIX-USD
tradeXYZ xyz:SKHX
Polymarket Perps SKHYNIX-USD
SoDEX SKHX-USD
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
Bitget SKHYNIXUSDT
Aftermath Perps SKHYNIXUSD