Funding you earn now, next payment 09:00 UTC+0.0915%/8h= +100.2% APRpaid last 24h −0.003%
Price spread now: tradeXYZ against Bitget−0.177%7-day average −0.074% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$370.370% of the position
Funding, last 7 days+0.042%+$4 on $10k
+Price spread, last 7 days+0.078%+$8 · spread now −0.177%, 7d avg −0.074%
=Together, before fees+0.120%+ Points / potential airdroptradeXYZ: Active · farm board+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.103% cheaper against Bitget than usual: you would sell low and buy high (spread −0.177% now, against its 7-day average of −0.074%). If the spread goes back, that is −$10 on $10k: about 9 hours of funding at the current rate (+$27 a day). At the pace of the last 7 days (+0.042% in total) that is about 17 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.042% in total (about 2.2% 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 | Bitget SKHYNIXUSDT | 1,335.5 | −0.0188 | get 0.0094% / 4h | 3h 33m | $21.4M | $36.0M | 20x |
| Short | tradeXYZ xyz:SKHX | 1,333.1 | 0.0727 | get 0.0091% / 1h | 33m 54s | $296.3M | $277.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Bitget. 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
- $192.22
- Price spread: −0.177% → −0.074%
- −$10.29
- Slippage, 4 orders
- −$6.96
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $144.97
- Costs to cover
- 0.370%
- Break-even
- 1.7 days
Slippage from Bitget: live order book, 5 min ago; tradeXYZ: 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 Bitget live order book, 5 min ago | 0.37 bp | 8.0 bp −$8 | 12.1 bp −$121 | 25.1 bp −$2,509 | doesn't fit |
| Sell tradeXYZ live order book, 5 min ago | 0.37 bp | 9.4 bp −$9 | 10.4 bp −$104 | 16.7 bp −$1,674 | 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 | +0.122% | $97K | $226K | 10x | as long as short |
| HTX SKHYNIX-USDT | −0.3123% | 4h | 1,336.6 | +0.088% | $1.2M | $2.6M | 50x | as long as short |
| ApeX Omni SKHYNIXUSDT | −0.1152% | 1h | 1,338.2 | +0.205% | $139K | $259K | 50x | as long as short |
| SunX SKHYNIX-USDT | −0.0893% | 4h | 1,335.1 | −0.028% | $963 | $449K | 10x | as long as short |
| edgeX SKHYNIXUSDC | −0.0652% | 4h | 1,336.1 | +0.048% | $3.3M | $429K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | −0.0552% | 4h | 1,334.4 | −0.083% | $5.1M | $8.3M | 20x | as long as short |
| Binance SKHYNIXUSDT | −0.0482% | 4h | 1,334.4 | −0.078% | $324.1M | $977.5M | 50x | as long as short |
| Extended SKHYNIX-USD | −0.0480% | 1h | 1,334.4 | −0.078% | $2.3M | $85K | 10x | as long as short |
| Bybit SKHYNIXUSDT | −0.0451% | 8h | 1,334.7 | −0.054% | $18.6M | $30.8M | 100x | as long as short |
| BloFin SKHYNIX-USDT | −0.0446% | 4h | 1,335 | −0.034% | $2.5M | $4.0M | 50x | as long as short |
Show 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 | +0.400% | $18.2M | $26.5M | 20x | as long as short |
| Bitget SKHYNIXUSDTlong | −0.0188% | 4h | 1,335.5 | long leg | $21.4M | $36.0M | 20x | |
| Aftermath Perps SKHYNIXUSD | −0.0181% | 1h | 1,334.4 | −0.076% | $679 | $35K | 5x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,335.5 | 0.000% | $138.2M | $75.3M | 75x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,336.7 | +0.096% | $1.2M | $779K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0050% | 1h | 1,330.8 | −0.349% | $249K | $974K | 10x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,336 | +0.037% | $5K | $1K | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,334.1 | −0.099% | $31K | — | 10x | as long as short |
| Pacifica SKHYNIX | +0.0285% | 1h | 1,333.9 | −0.113% | $100K | $437K | 10x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0349% | 8h | 1,334.7 | −0.057% | $51.7M | $130.4M | 50x | as long as short |
| SoDEX SKHX-USD | +0.0389% | 1h | 1,334.2 | −0.097% | $390 | $8K | 10x | as long as short |
| tradeXYZ xyz:SKHXshort | +0.0727% | 1h | 1,333.1 | −0.177% | $296.3M | $277.7M | 10x | |
| Bullet SKHYNIX-USD | +0.0938% | 1h | 1,333.9 | −0.117% | $13K | $466K | 10x | as long as short |
Bitget SKHYNIXUSDT
tradeXYZ xyz:SKHX
GRVT SKHYNIX_USDT_Perp
HTX SKHYNIX-USDT
ApeX Omni SKHYNIXUSDT
SunX SKHYNIX-USDT
edgeX SKHYNIXUSDC
KuCoin SKHYNIXUSDTM
Binance SKHYNIXUSDT
Extended SKHYNIX-USD
Bybit SKHYNIXUSDT
BloFin SKHYNIX-USDT
Aster SKHYNIXUSD1
Aftermath Perps SKHYNIXUSD
Gate SKHYNIX_USDT
Phemex SKHYNIXUSDT
Polymarket Perps SKHYNIX-USD
Pacifica SKHYNIX
OKX SKHYNIX-USDT-SWAP
SoDEX SKHX-USD
Bullet SKHYNIX-USD