Funding you earn now, next payment 08:00 UTC−0.0379%/8h= −41.5% APRnext payment −$3.79 per $10,000 · paid last 24h −0.049%
Price spread now: Bybit against OKX+0.001%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$260.264% of the position
Funding, last 7 days−0.262%−$26 on $10k
+Price spread, last 7 days+0.006%+$1 · spread now +0.001%, 7d avg −0.002%
=The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.262% in total (about -13.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.79 per $10,000. 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 | OKX SKHYNIX-USDT-SWAP | 1,379.1 | 0.0379 | pay 0.0379% / 8h | 3h 05m | $53.6M | $117.4M | 50x |
| Short | Bybit SKHYNIXUSDT | 1,379.1 | 0 | get 0.0000% / 8h | 3h 05m | $20.0M | $31.4M | 100x |
OKX SKHYNIX-USDT-SWAP
Bybit SKHYNIXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against OKX. 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
- −$79.6
- Price spread: +0.001% → −0.002%
- $0.26
- Slippage, 4 orders
- −$5.42
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$105.76
- Costs to cover
- 0.264%
- Break-even
- never at this rate
Slippage from OKX: live order book, 4 min ago; Bybit: 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 OKX live order book, 4 min ago | 0.36 bp | 5.4 bp −$5 | 8.0 bp −$80 | 19.6 bp −$1,958 | doesn't fit |
| Sell Bybit live order book, 4 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 | −0.233% | $3.4M | $390K | 10x | as long as short |
| BloFin SKHYNIX-USDT | −0.0028% | 4h | 1,379.1 | +0.001% | $2.6M | $4.1M | 50x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,379.6 | +0.036% | $18.7M | $37.8M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,377.5 | −0.116% | $2.4M | $71K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,378.9 | −0.013% | $341.1M | $812.5M | 50x | as long as short |
| Bybit SKHYNIXUSDTshort | 0.0000% | 8h | 1,379.1 | +0.001% | $20.0M | $31.4M | 100x | |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,379.8 | +0.051% | $141.5M | $72.6M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,379.3 | +0.017% | $99K | $208K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,378.2 | −0.067% | $1K | $579K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,380.4 | +0.094% | $1.3M | $2.4M | 50x | as long as short |
edgeX SKHYNIXUSDC
BloFin SKHYNIX-USDT
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 | 1,378.8 | −0.025% | $1.2M | $775K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0050% | 1h | 1,378.5 | −0.044% | $299.8M | $231.9M | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,377.8 | −0.098% | $733 | $8K | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0063% | 1h | 1,378.1 | −0.074% | $14K | $470K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0073% | 1h | 1,378.5 | −0.044% | $266K | $998K | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,378.1 | −0.074% | $106K | $410K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,377.8 | −0.096% | $5.1M | $8.1M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,380.1 | +0.069% | $144K | $260K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,377.9 | −0.084% | $5K | $858 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,378.4 | −0.047% | $32K | — | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0188% | 1h | 1,378.1 | −0.073% | $695 | $37K | 5x | as long as short |
| Bitget SKHYNIXUSDT | +0.0212% | 4h | 1,379.3 | +0.012% | $22.3M | $29.5M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAPlong | +0.0379% | 8h | 1,379.1 | long leg | $53.6M | $117.4M | 50x |
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