Funding you earn now, next payment 10:00 UTC−0.0573%/8h= −62.7% APRpaid last 24h −0.002%
Price spread now: Bullet against Gate+0.003%7-day average −0.019% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$350.351% of the position
Funding, last 4 days (all we have)+0.063%+$6 on $10k
+Price spread, last 4 days (all we have)+0.176%+$18 · spread now +0.003%, 7d avg −0.019%
=The price spread pays, funding is against you. Bullet is 0.021% dearer against Gate than usual: you sell high and buy low (spread +0.003% now, against its 7-day average of −0.019%): +$2 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 3 hours. Mind the row above: over the last 4 days funding on this pair paid +0.063%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.063% in total (about 6.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SKHYNIX_USDT | 1,364.1 | 0.0022 | pay 0.0011% / 4h | 2h 00m | $140.5M | $80.0M | 75x |
| Short | Bullet SKHYNIX-USD | 1,364.1 | −0.0551 | pay 0.0069% / 1h | 0m 05s | $14K | $468K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet against Gate. 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
- −$120.24
- Price spread: +0.003% → −0.019%
- $2.12
- Slippage, 4 orders
- −$12.11
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$153.23
- Costs to cover
- 0.351%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; Bullet: live order book, 52 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 Gate live order book, 2 min ago | 0.70 bp | 10.9 bp −$11 | 21.1 bp −$211 | 35.3 bp −$3,534 | 61.0 bp −$30.5K |
| Sell Bullet live order book, 52 min ago | 0.74 bp | 6.3 bp −$6 | 20.7 bp −$207 | doesn't fit | doesn't fit |
SKHYNIX on 23 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SKHX | −0.0622% | 1h | 1,364 | −0.006% | $302.2M | $303.3M | 10x | as long as short |
| Bullet SKHYNIX-USDshort | −0.0551% | 1h | 1,364.1 | +0.003% | $14K | $468K | 10x | |
| Polymarket Perps SKHYNIX-USD | −0.0401% | 1h | 1,363.8 | −0.021% | $242K | $972K | 10x | as long as short |
| edgeX SKHYNIXUSDC | −0.0218% | 4h | 1,359.6 | −0.326% | $3.3M | $430K | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | −0.0210% | 1h | 1,361.9 | −0.157% | $749 | $33K | 5x | as long as short |
| SoDEX SKHX-USD | −0.0180% | 1h | 1,364.4 | +0.020% | $398 | $8K | 10x | as long as short |
| Pacifica SKHYNIX | −0.0049% | 1h | 1,363.6 | −0.036% | $112K | $467K | 10x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,356 | −0.593% | $18.1M | $22.8M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,363.2 | −0.061% | $2.3M | $85K | 10x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,363.8 | −0.022% | $18.5M | $32.7M | 100x | as long as short |
Show all 23 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SKHYNIX-USDT-SWAP | 0.0000% | 8h | 1,363.6 | −0.035% | $51.6M | $147.4M | 50x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,360.9 | −0.235% | $893 | $421K | 10x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,363.5 | −0.044% | $1.2M | $784K | 10x | as long as short |
| Binance SKHYNIXUSDT | +0.0002% | 4h | 1,363.3 | −0.061% | $328.2M | $1.04B | 50x | as long as short |
| Bitget SKHYNIXUSDT | +0.0008% | 4h | 1,363.8 | −0.024% | $22.0M | $39.1M | 20x | as long as short |
| Gate SKHYNIX_USDTlong | +0.0022% | 4h | 1,364.1 | long leg | $140.5M | $80.0M | 75x | |
| BloFin SKHYNIX-USDT | +0.0038% | 4h | 1,362.8 | −0.093% | $2.5M | $4.2M | 50x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,362.3 | −0.130% | $5.1M | $8.3M | 20x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,362.7 | −0.099% | $5K | $1K | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,364.4 | +0.023% | $32K | — | 10x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0236% | 1h | 1,359.9 | −0.310% | $142K | $261K | 50x | as long as short |
| HTX SKHYNIX-USDT | +0.0907% | 4h | 1,363.5 | −0.040% | $1.3M | $2.9M | 50x | as long as short |
| GRVT SKHYNIX_USDT_Perp | +0.1162% | 4h | 1,362.1 | −0.149% | $99K | $213K | 10x | as long as short |
Gate SKHYNIX_USDT
Bullet SKHYNIX-USD
tradeXYZ xyz:SKHX
Polymarket Perps SKHYNIX-USD
edgeX SKHYNIXUSDC
Aftermath Perps SKHYNIXUSD
SoDEX SKHX-USD
Pacifica SKHYNIX
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Bybit SKHYNIXUSDT
OKX SKHYNIX-USDT-SWAP
SunX SKHYNIX-USDT
Phemex SKHYNIXUSDT
Binance SKHYNIXUSDT
Bitget SKHYNIXUSDT
BloFin SKHYNIX-USDT
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
HTX SKHYNIX-USDT
GRVT SKHYNIX_USDT_Perp