Funding you earn now, next payment 08:00 UTC+0.0058%/8h= +6.3% APRpaid last 24h −0.030%
Price spread now: Bybit against BloFin−0.032%102s7-day average +0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as 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−$280.281% of the position
Funding, last 7 days−0.202%−$20 on $10k
+Price spread, last 4 days (all we have)+0.052%+$5 · spread now −0.032%, 7d avg +0.025%
=Funding pays, the price is against you. Bybit is 0.057% cheaper against BloFin than usual: you would sell low and buy high (spread −0.032% now, against its 7-day average of +0.025%). If the spread goes back, that is −$6 on $10k: about 3.3 days of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.202%, so the current rate has only just turned in your favour. The two prices were read 102 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SKHYNIX-USDT | 1,379.4 | −0.0058 | get 0.0029% / 4h | 3h 05m | $2.6M | $4.1M | 50x |
| Short | Bybit SKHYNIXUSDT | 1,379 | 0 | get 0.0000% / 8h | 3h 05m | $20.0M | $31.4M | 100x |
BloFin SKHYNIX-USDT
Bybit SKHYNIXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- $12.1
- Price spread: −0.032% → +0.025%
- −$5.74
- Slippage, 4 orders
- −$5.1
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$21.74
- Costs to cover
- 0.281%
- Break-even
- 19.6 days
Slippage from BloFin: live order book, 3 min ago; Bybit: live order book, 3 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 BloFin live order book, 3 min ago | 0.04 bp | 6.0 bp −$6 | 6.8 bp −$68 | 11.7 bp −$1,166 | doesn't fit |
| Sell Bybit live order book, 3 min ago | 0.04 bp | 6.5 bp −$7 | 14.4 bp −$144 | 51.8 bp −$5,180 | 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 | −0.0808% | 4h | 1,375.9 | −0.255% | $3.4M | $390K | 10x | as long as short |
| BloFin SKHYNIX-USDTlong | −0.0058% | 4h | 1,379.4 | long leg | $2.6M | $4.1M | 50x | |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,378.8 | −0.041% | $18.7M | $37.8M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,377.7 | −0.123% | $2.4M | $71K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,377.9 | −0.113% | $340.8M | $812.0M | 50x | as long as short |
| Bybit SKHYNIXUSDTshort | 0.0000% | 8h | 1,379 | −0.032% | $20.0M | $31.4M | 100x | |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,378.4 | −0.072% | $141.4M | $72.6M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,379.3 | −0.005% | $99K | $208K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,380 | +0.041% | $1K | $580K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,380.4 | +0.072% | $1.3M | $2.4M | 50x | as long as short |
edgeX SKHYNIXUSDC
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Binance 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 | 1,380.7 | +0.096% | $1.2M | $775K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0050% | 1h | 1,377.5 | −0.138% | $299.6M | $231.9M | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,380.2 | +0.058% | $734 | $8K | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0063% | 1h | 1,378.1 | −0.096% | $14K | $470K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0073% | 1h | 1,378.5 | −0.066% | $266K | $998K | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,378.1 | −0.096% | $106K | $410K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,378 | −0.102% | $5.1M | $8.1M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,380.1 | +0.046% | $144K | $260K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,380 | +0.043% | $5K | $858 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,380.5 | +0.077% | $32K | — | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0188% | 1h | 1,378.1 | −0.095% | $695 | $37K | 5x | as long as short |
| Bitget SKHYNIXUSDT | +0.0212% | 4h | 1,378.6 | −0.060% | $22.3M | $29.5M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0382% | 8h | 1,378.8 | −0.044% | $53.6M | $117.3M | 50x | as long as short |
Phemex SKHYNIXUSDT
tradeXYZ xyz:SKHX
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
Aftermath Perps SKHYNIXUSD
Bitget SKHYNIXUSDT
OKX SKHYNIX-USDT-SWAP