Funding you earn now, next payment 16:00 UTC−0.0416%/8h= −45.6% APRnext payment −$4.16 per $10,000 · paid last 24h +0.037%
Price spread now: Bybit against Phemex0.000%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$146as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1461.460% of the position
Funding, last 7 days−0.005%$0 on $10k
+Price spread, last 4 days (all we have)+0.132%+$13 · spread now 0.000%, 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: −$12 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 -0.005% in total (about -0.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.16 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 | Phemex SKHYNIXUSDT | 1,335 | 0 | get 0.0000% / 8h | 7h 35m | $1.2M | $779K | 10x |
| Short | Bybit SKHYNIXUSDT | 1,335 | −0.0416 | pay 0.0416% / 8h | 7h 35m | $18.6M | $30.7M | 100x |
Phemex SKHYNIXUSDT
Bybit SKHYNIXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- −$87.43
- Price spread: 0.000% → +0.002%
- −$0.17
- Slippage, 4 orders
- −$123.02
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$233.63
- Costs to cover
- 1.460%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 3 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 Phemex live order book, 3 min ago | 1.68 bp | 66.6 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.04 bp | 8.3 bp −$8 | 13.8 bp −$138 | 45.4 bp −$4,540 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT SKHYNIX_USDT_Perp | −0.4064% | 4h | 1,337.1 | +0.156% | $97K | $226K | 10x | as long as short |
| HTX SKHYNIX-USDT | −0.3088% | 4h | 1,335.9 | +0.069% | $1.2M | $2.6M | 50x | as long as short |
| ApeX Omni SKHYNIXUSDT | −0.1152% | 1h | 1,338.2 | +0.239% | $139K | $259K | 50x | as long as short |
| SunX SKHYNIX-USDT | −0.0846% | 4h | 1,335.1 | +0.005% | $963 | $449K | 10x | as long as short |
| edgeX SKHYNIXUSDC | −0.0652% | 4h | 1,336.1 | +0.082% | $3.3M | $429K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | −0.0518% | 4h | 1,335 | −0.002% | $5.1M | $8.3M | 20x | as long as short |
| Extended SKHYNIX-USD | −0.0464% | 1h | 1,334.6 | −0.027% | $2.3M | $85K | 10x | as long as short |
| Binance SKHYNIXUSDT | −0.0464% | 4h | 1,335.1 | +0.009% | $324.3M | $975.6M | 50x | as long as short |
| BloFin SKHYNIX-USDT | −0.0446% | 4h | 1,335 | −0.001% | $2.5M | $4.0M | 50x | as long as short |
| Bybit SKHYNIXUSDTshort | −0.0416% | 8h | 1,335 | 0.000% | $18.6M | $30.7M | 100x |
GRVT SKHYNIX_USDT_Perp
HTX SKHYNIX-USDT
ApeX Omni SKHYNIXUSDT
SunX SKHYNIX-USDT
edgeX SKHYNIXUSDC
KuCoin SKHYNIXUSDTM
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
BloFin SKHYNIX-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYNIXUSD1 | −0.0210% | 4h | 1,341.2 | +0.467% | $18.2M | $26.4M | 20x | as long as short |
| Aftermath Perps SKHYNIXUSD | −0.0174% | 1h | 1,335.8 | +0.062% | $680 | $35K | 5x | as long as short |
| Bitget SKHYNIXUSDT | −0.0154% | 4h | 1,335.6 | +0.041% | $21.4M | $35.9M | 20x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,335.5 | +0.037% | $138.3M | $75.2M | 75x | as long as short |
| Phemex SKHYNIXUSDTlong | 0.0000% | 8h | 1,335 | long leg | $1.2M | $779K | 10x | |
| Polymarket Perps SKHYNIX-USD | +0.0050% | 1h | 1,332.9 | −0.158% | $249K | $974K | 10x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,335.3 | +0.018% | $5K | $1K | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,335.1 | +0.007% | $31K | — | 10x | as long as short |
| Pacifica SKHYNIX | +0.0285% | 1h | 1,335.1 | +0.007% | $100K | $437K | 10x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0354% | 8h | 1,335.3 | +0.022% | $51.8M | $130.2M | 50x | as long as short |
| SoDEX SKHX-USD | +0.0384% | 1h | 1,334.3 | −0.052% | $390 | $8K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0725% | 1h | 1,333.6 | −0.106% | $296.2M | $277.2M | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0946% | 1h | 1,335.3 | +0.022% | $13K | $466K | 10x | as long as short |
Aster SKHYNIXUSD1
Aftermath Perps SKHYNIXUSD
Bitget SKHYNIXUSDT
Gate SKHYNIX_USDT
Polymarket Perps SKHYNIX-USD
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
Pacifica SKHYNIX
OKX SKHYNIX-USDT-SWAP
SoDEX SKHX-USD
tradeXYZ xyz:SKHX
Bullet SKHYNIX-USD