Funding you earn now, next payment 04:00 UTC−0.0995%/8h= −108.9% APRpaid last 24h −0.150%
Price spread now: edgeX against OKX−0.001%7-day average −0.041% · you buy dearer than you sell
Net, funding: paid 7d − costs+$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$220.220% of the position
Funding, last 7 days+0.411%+$41 on $10k
+Price spread, last 7 days−0.045%−$4 · spread now −0.001%, 7d avg −0.041%
=Together, before fees+0.366%+ Points / potential airdropedgeX: Active · farm board+$37 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.040% dearer against OKX than usual: you sell high and buy low (spread −0.001% now, against its 7-day average of −0.041%): +$4 on $10k if it goes back. Holding the pair costs −$30 a day in funding at the current rate, which eats that in about 3 hours. Mind the row above: over the last 7 days funding on this pair paid +0.411%, 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 7 days it paid 0.411% in total (about 21.4% 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 | OKX SKHYNIX-USDT-SWAP | 1,412.8 | 0.0277 | pay 0.0277% / 8h | 6h 59m | $54.5M | $111.0M | 50x |
| Short | edgeX SKHYNIXUSDC | 1,412.8 | −0.0718 | pay 0.0359% / 4h | 2h 59m | $3.5M | $435K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$208.88
- Price spread: −0.001% → −0.041%
- $4.04
- Slippage, 4 orders
- −$2.97
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$226.81
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; edgeX: 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 OKX live order book, 5 min ago | 0.35 bp | 5.8 bp −$6 | 7.6 bp −$76 | 23.8 bp −$2,378 | doesn't fit |
| Sell edgeX live order book, 5 min ago | 0.53 bp | 5.1 bp −$5 | 5.7 bp −$57 | 56.3 bp −$5,628 | 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 SKHYNIXUSDCshort | −0.0718% | 4h | 1,412.8 | −0.001% | $3.5M | $435K | 10x | |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,414 | +0.085% | $20.6M | $33.1M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,413.4 | +0.042% | $143.1M | $62.0M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,412.8 | +0.002% | $102K | $197K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,414.2 | +0.102% | $974 | $712K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,414.2 | +0.101% | $1.3M | $2.2M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,413.1 | +0.023% | $1.2M | $769K | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,413.2 | +0.025% | $752 | $8K | 10x | as long as short |
| Aster SKHYNIXUSD1 | +0.0086% | 4h | 1,413.2 | +0.026% | $18.9M | $42.0M | 20x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,413.2 | +0.029% | $5.2M | $8.2M | 20x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,412.7 | −0.005% | $147K | $262K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,413.2 | +0.028% | $5K | $798 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,414.2 | +0.102% | $33K | — | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0126% | 1h | 1,414.1 | +0.092% | $15K | $467K | 10x | as long as short |
| BloFin SKHYNIX-USDT | +0.0186% | 4h | 1,412.6 | −0.016% | $2.6M | $4.2M | 50x | as long as short |
| Binance SKHYNIXUSDT | +0.0212% | 4h | 1,412.9 | +0.007% | $354.3M | $743.1M | 50x | as long as short |
| Extended SKHYNIX-USD | +0.0216% | 1h | 1,413.5 | +0.047% | $2.4M | $182K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0247% | 1h | 1,413.8 | +0.071% | $294K | $927K | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0254% | 4h | 1,412.9 | +0.008% | $24.0M | $25.2M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAPlong | +0.0277% | 8h | 1,412.8 | long leg | $54.5M | $111.0M | 50x | |
| tradeXYZ xyz:SKHX | +0.0332% | 1h | 1,412.3 | −0.035% | $329.7M | $192.9M | 10x | as long as short |
| Pacifica SKHYNIX | +0.0467% | 1h | 1,413.5 | +0.051% | $135K | $385K | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.2017% | 1h | 1,413.1 | +0.020% | $704 | $38K | 5x | as long as short |
OKX SKHYNIX-USDT-SWAP
edgeX SKHYNIXUSDC
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
SoDEX SKHX-USD
Aster SKHYNIXUSD1
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Bullet SKHYNIX-USD
BloFin SKHYNIX-USDT
Binance SKHYNIXUSDT
Extended SKHYNIX-USD
Polymarket Perps SKHYNIX-USD
Bitget SKHYNIXUSDT
tradeXYZ xyz:SKHX
Pacifica SKHYNIX
Aftermath Perps SKHYNIXUSD