Funding you earn now, next payment 04:00 UTC−0.0718%/8h= −78.6% APRpaid last 24h −0.066%
Price spread now: edgeX against Phemex−0.058%78s7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as 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−$1211.212% of the position
Funding, last 7 days+0.774%+$77 on $10k
+Price spread, last 3 days (all we have)+0.066%+$7 · spread now −0.058%, 7d avg −0.031%
=Together, before fees+0.839%+ Points / potential airdropedgeX: Active · farm board+$84 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$22 a day on $10k at the current rate, and edgeX is 0.026% cheaper against Phemex than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.031%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.774%, so the current rate has only just turned against you. The two prices were read 78 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 | 1,413.6 | 0 | get 0.0000% / 8h | 7h 00m | $1.2M | $769K | 10x |
| Short | edgeX SKHYNIXUSDC | 1,412.8 | −0.0718 | pay 0.0359% / 4h | 3h 00m | $3.5M | $435K | 10x |
Phemex SKHYNIXUSDT
edgeX SKHYNIXUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$150.74
- Price spread: −0.058% → −0.031%
- −$2.63
- Slippage, 4 orders
- −$100.23
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$274.59
- Costs to cover
- 1.212%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 2 min ago; edgeX: 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, 2 min ago | 1.41 bp | 56.6 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell edgeX live order book, 4 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 | −0.058% | $3.5M | $435K | 10x | |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,414.5 | +0.062% | $20.6M | $33.1M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,414.7 | +0.081% | $143.2M | $65.4M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,415 | +0.096% | $103K | $198K | 10x | as long as short |
| Bullet SKHYNIX-USD | 0.0000% | 1h | 1,413.8 | +0.014% | $15K | $467K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,413.8 | +0.017% | $930 | $713K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,414 | +0.028% | $1.3M | $2.2M | 50x | as long as short |
| Phemex SKHYNIXUSDTlong | 0.0000% | 8h | 1,413.6 | long leg | $1.2M | $769K | 10x | |
| Polymarket Perps SKHYNIX-USD | +0.0050% | 1h | 1,414.4 | +0.057% | $294K | $927K | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,413.2 | −0.030% | $752 | $8K | 10x | as long as short |
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
Bullet SKHYNIX-USD
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Polymarket Perps SKHYNIX-USD
SoDEX SKHX-USDShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYNIXUSD1 | +0.0086% | 4h | 1,413.6 | +0.001% | $18.9M | $41.9M | 20x | as long as short |
| tradeXYZ xyz:SKHX | +0.0086% | 1h | 1,413.1 | −0.035% | $330.5M | $192.4M | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,412.9 | −0.050% | $5.2M | $8.2M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,412.7 | −0.062% | $147K | $262K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,413.1 | −0.033% | $5K | $798 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,414.1 | +0.033% | $33K | — | 10x | as long as short |
| BloFin SKHYNIX-USDT | +0.0167% | 4h | 1,412 | −0.112% | $2.6M | $4.2M | 50x | as long as short |
| Extended SKHYNIX-USD | +0.0216% | 1h | 1,413 | −0.041% | $2.4M | $182K | 10x | as long as short |
| Binance SKHYNIXUSDT | +0.0217% | 4h | 1,413.3 | −0.018% | $354.5M | $741.8M | 50x | as long as short |
| Bitget SKHYNIXUSDT | +0.0254% | 4h | 1,413.8 | +0.015% | $24.0M | $25.2M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0274% | 8h | 1,414.3 | +0.050% | $54.6M | $111.1M | 50x | as long as short |
| Pacifica SKHYNIX | +0.0467% | 1h | 1,413.8 | +0.014% | $135K | $385K | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.2049% | 1h | 1,413.2 | −0.029% | $704 | $38K | 5x | as long as short |
Aster SKHYNIXUSD1
tradeXYZ xyz:SKHX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
BloFin SKHYNIX-USDT
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
Bitget SKHYNIXUSDT
OKX SKHYNIX-USDT-SWAP
Pacifica SKHYNIX
Aftermath Perps SKHYNIXUSD