Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.030%
Price spread now: tradeXYZ against Orderly−0.028%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and tradeXYZ is 0.028% cheaper against Orderly than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_SKHYNIX_USDC_mythos | 1,413.1 | 0.0100 | pay 0.0100% / 8h | 4h 59m | $5K | $798 | 10x |
| Short | tradeXYZ xyz:SKHX | 1,412.7 | 0.0050 | get 0.0006% / 1h | 59m 14s | $318.4M | $205.8M | 10x |
Orderly PERP_SKHYNIX_USDC_mythos
tradeXYZ xyz:SKHXFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Orderly. 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
- −$10.5
- Price spread: −0.028% → 0.000%
- −$2.83
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$37.33
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; tradeXYZ: live order book, 11 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 11 min ago | 0.35 bp | 10.3 bp −$10 | 10.7 bp −$107 | 15.6 bp −$1,556 | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0508% | 4h | 1,412 | −0.077% | $3.5M | $395K | 10x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,413.4 | +0.021% | $18.9M | $39.8M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,412.7 | −0.026% | $2.4M | $71K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,413.3 | +0.014% | $350.9M | $751.5M | 50x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,414.4 | +0.088% | $20.6M | $32.6M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,414.4 | +0.093% | $144.2M | $63.8M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,412.6 | −0.034% | $102K | $196K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,413.1 | +0.001% | $1K | $629K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,413.5 | +0.026% | $1.3M | $2.4M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,413.3 | +0.014% | $1.2M | $768K | 10x | as long as short |
edgeX SKHYNIXUSDC
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin SKHYNIX-USDT | +0.0045% | 4h | 1,413.2 | +0.009% | $2.7M | $4.1M | 50x | as long as short |
| Bullet SKHYNIX-USD | +0.0046% | 1h | 1,413 | −0.009% | $16K | $470K | 10x | as long as short |
| tradeXYZ xyz:SKHXshort | +0.0050% | 1h | 1,412.7 | −0.028% | $318.4M | $205.8M | 10x | |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,413.2 | +0.008% | $752 | $8K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0080% | 1h | 1,413.2 | +0.007% | $277K | $1.0M | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,413.2 | +0.007% | $127K | $385K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,413.1 | −0.003% | $5.2M | $8.0M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,412.5 | −0.046% | $147K | $261K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythoslong | +0.0100% | 8h | 1,413.1 | long leg | $5K | $798 | 10x | |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,413.8 | +0.050% | $33K | — | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0302% | 4h | 1,413.7 | +0.045% | $23.5M | $26.1M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0338% | 8h | 1,414.2 | +0.078% | $56.3M | $114.9M | 50x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0404% | 1h | 1,411.4 | −0.122% | $673 | $38K | 5x | as long as short |
BloFin SKHYNIX-USDT
Bullet SKHYNIX-USD
SoDEX SKHX-USD
Polymarket Perps SKHYNIX-USD
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Aevo SKHX-PERP
Bitget SKHYNIXUSDT
OKX SKHYNIX-USDT-SWAP
Aftermath Perps SKHYNIXUSD