Funding you earn now, next payment 08:00 UTC−0.0018%/8h= −2.0% APRpaid last 24h +0.030%
Price spread now: BloFin against Bybit−0.063%7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$7as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$270.273% of the position
Funding, last 7 days+0.202%+$20 on $10k
+Price spread, last 4 days (all we have)+0.043%+$4 · spread now −0.063%, 7d avg −0.025%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BloFin is 0.038% cheaper against Bybit than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.025%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.202%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SKHYNIXUSDT | 1,388.2 | 0 | get 0.0000% / 8h | 3h 39m | $20.1M | $31.7M | 100x |
| Short | BloFin SKHYNIX-USDT | 1,387.3 | −0.0018 | pay 0.0009% / 4h | 3h 39m | $2.6M | $4.1M | 50x |
Bybit SKHYNIXUSDT
BloFin SKHYNIX-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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
- −$3.8
- Price spread: −0.063% → −0.025%
- −$3.79
- Slippage, 4 orders
- −$4.29
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$34.88
- Costs to cover
- 0.273%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 5 min ago; BloFin: live order book, 4 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 Bybit live order book, 5 min ago | 0.43 bp | 7.1 bp −$7 | 13.5 bp −$135 | 47.7 bp −$4,770 | doesn't fit |
| Sell BloFin live order book, 4 min ago | 0.04 bp | 6.3 bp −$6 | 7.0 bp −$70 | 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 | −0.0785% | 4h | 1,391.2 | +0.220% | $3.4M | $372K | 10x | as long as short |
| BloFin SKHYNIX-USDTshort | −0.0018% | 4h | 1,387.3 | −0.063% | $2.6M | $4.1M | 50x | |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,387.9 | −0.021% | $18.6M | $39.0M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,387.7 | −0.035% | $2.4M | $71K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,387.7 | −0.036% | $345.2M | $777.3M | 50x | as long as short |
| Bybit SKHYNIXUSDTlong | 0.0000% | 8h | 1,388.2 | long leg | $20.1M | $31.7M | 100x | |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,387.6 | −0.042% | $139.4M | $66.5M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,390.9 | +0.197% | $100K | $204K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,392 | +0.272% | $869 | $583K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,387.7 | −0.039% | $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 | 1,387.9 | −0.019% | $1.2M | $772K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0050% | 1h | 1,387.1 | −0.079% | $307.0M | $221.1M | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,387.3 | −0.066% | $738 | $8K | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0061% | 1h | 1,387.1 | −0.075% | $15K | $469K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0071% | 1h | 1,387.4 | −0.057% | $272K | $1.0M | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,387.6 | −0.044% | $121K | $395K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,387.3 | −0.066% | $5.1M | $8.1M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,393.3 | +0.367% | $145K | $260K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,387.5 | −0.050% | $5K | $858 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,388 | −0.015% | $33K | — | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0242% | 4h | 1,388.3 | +0.009% | $22.9M | $27.6M | 20x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0251% | 1h | 1,391.6 | +0.243% | $663 | $37K | 5x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0408% | 8h | 1,388.2 | +0.001% | $54.5M | $114.0M | 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
Bitget SKHYNIXUSDT
Aftermath Perps SKHYNIXUSD
OKX SKHYNIX-USDT-SWAP