Funding you earn now, next payment 02:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.037%
Price spread now: ApeX Omni against Phemex−0.228%77s7-day average +0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1191.192% of the position
Funding, last 7 days+0.419%+$42 on $10k
+Price spread, last 3 days (all we have)+0.286%+$29 · spread now −0.228%, 7d avg +0.009%
=Funding pays, the price is against you. ApeX Omni is 0.237% cheaper against Phemex than usual: you would sell low and buy high (spread −0.228% now, against its 7-day average of +0.009%). If the spread goes back, that is −$24 on $10k: about 7.9 days of funding at the current rate (+$3 a day). The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SKHYNIXUSDT | 1,408.6 | 0 | get 0.0000% / 8h | 6h 14m | $1.2M | $768K | 10x |
| Short | ApeX Omni SKHYNIXUSDT | 1,405.4 | 0.0100 | get 0.0013% / 1h | 14m 08s | $146K | $261K | 50x |
Phemex SKHYNIXUSDT
ApeX Omni SKHYNIXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Phemex. 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
- $21
- Price spread: −0.228% → +0.009%
- −$23.73
- Slippage, 4 orders
- −$97.21
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$121.94
- Costs to cover
- 1.192%
- Break-even
- 47.6 days
Slippage from Phemex: live order book, 4 min ago; ApeX Omni: live order book, 53 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 Phemex live order book, 4 min ago | 1.00 bp | 38.3 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 53 min ago | 6.97 bp | 12.4 bp −$12 | 35.1 bp −$351 | doesn't fit | doesn't fit |
SKHYNIX on 22 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 | −0.0818% | 4h | 1,404.8 | −0.268% | $3.4M | $399K | 10x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,408.3 | −0.019% | $18.9M | $40.8M | 20x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,408.4 | −0.011% | $20.5M | $33.3M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,408.9 | +0.023% | $142.4M | $64.0M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,405.7 | −0.207% | $102K | $196K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,408.4 | −0.013% | $923 | $662K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,409.1 | +0.037% | $1.3M | $2.3M | 50x | as long as short |
| Phemex SKHYNIXUSDTlong | 0.0000% | 8h | 1,408.6 | long leg | $1.2M | $768K | 10x | |
| Extended SKHYNIX-USD | +0.0040% | 1h | 1,407.8 | −0.058% | $2.4M | $71K | 10x | as long as short |
| Binance SKHYNIXUSDT | +0.0042% | 4h | 1,407.9 | −0.048% | $350.6M | $743.9M | 50x | as long as short |
edgeX SKHYNIXUSDC
Aster SKHYNIXUSD1
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Extended SKHYNIX-USD
Binance SKHYNIXUSDTShow all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX SKHX-USD | +0.0050% | 1h | 1,408 | −0.042% | $749 | $8K | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0067% | 1h | 1,408.4 | −0.014% | $15K | $466K | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,408.5 | −0.010% | $129K | $391K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,408.2 | −0.028% | $5.2M | $8.1M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDTshort | +0.0100% | 1h | 1,405.4 | −0.228% | $146K | $261K | 50x | |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,408.2 | −0.028% | $5K | $798 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,409 | +0.026% | $33K | — | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0149% | 1h | 1,408 | −0.043% | $319.7M | $203.0M | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0153% | 1h | 1,408.1 | −0.035% | $288K | $1.0M | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0248% | 4h | 1,409.3 | +0.050% | $23.8M | $25.8M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0285% | 8h | 1,409.2 | +0.043% | $54.5M | $112.4M | 50x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.1006% | 1h | 1,406.9 | −0.117% | $732 | $38K | 5x | as long as short |
SoDEX SKHX-USD
Bullet SKHYNIX-USD
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
tradeXYZ xyz:SKHX
Polymarket Perps SKHYNIX-USD
Bitget SKHYNIXUSDT
OKX SKHYNIX-USDT-SWAP
Aftermath Perps SKHYNIXUSD