Funding you earn now, next payment 04:00 UTC−0.0228%/8h= −25.0% APRpaid last 24h −0.076%
Price spread now: Bybit against BloFin−0.010%872s7-day average +0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$57as 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−$280.279% of the position
Funding, last 7 days−0.291%−$29 on $10k
+Price spread, last 3 days (all we have)+0.012%+$1 · spread now −0.010%, 7d avg +0.023%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Bybit is 0.033% cheaper against BloFin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.023%). Swap the legs. The two prices were read 872 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 | BloFin SKHYNIX-USDT | 1,411.8 | 0.0228 | pay 0.0114% / 4h | 2h 34m | $2.6M | $4.2M | 50x |
| Short | Bybit SKHYNIXUSDT | 1,411.6 | 0 | get 0.0000% / 8h | 6h 34m | $20.6M | $33.0M | 100x |
BloFin SKHYNIX-USDT
Bybit SKHYNIXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against BloFin. 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
- −$47.97
- Price spread: −0.010% → +0.023%
- −$3.33
- Slippage, 4 orders
- −$4.87
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$79.16
- Costs to cover
- 0.279%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 14 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 BloFin live order book, 14 min ago | 0.07 bp | 6.1 bp −$6 | 6.7 bp −$67 | 13.7 bp −$1,372 | doesn't fit |
| Sell Bybit live order book, 4 min ago | 0.53 bp | 9.1 bp −$9 | 16.9 bp −$169 | 52.6 bp −$5,262 | 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 SKHYNIXUSDC | −0.0208% | 4h | 1,408 | −0.269% | $3.5M | $398K | 10x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,410.4 | −0.096% | $18.9M | $41.3M | 20x | as long as short |
| Bybit SKHYNIXUSDTshort | 0.0000% | 8h | 1,411.6 | −0.010% | $20.6M | $33.0M | 100x | |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,411.6 | −0.009% | $142.7M | $63.1M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,408.8 | −0.212% | $101K | $197K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,409.7 | −0.143% | $968 | $681K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,410.3 | −0.101% | $1.3M | $2.2M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,409.8 | −0.137% | $1.2M | $768K | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0016% | 1h | 1,410 | −0.125% | $15K | $467K | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,409.8 | −0.140% | $750 | $8K | 10x | as long as short |
edgeX SKHYNIXUSDC
Aster SKHYNIXUSD1
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
Bullet SKHYNIX-USD
SoDEX SKHX-USDShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica SKHYNIX | +0.0100% | 1h | 1,410.6 | −0.082% | $129K | $390K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,410.1 | −0.121% | $5.2M | $8.1M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,408.8 | −0.207% | $147K | $261K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,409.8 | −0.138% | $5K | $798 | 10x | as long as short |
| Binance SKHYNIXUSDT | +0.0104% | 4h | 1,410.5 | −0.086% | $353.1M | $741.1M | 50x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,410.3 | −0.104% | $33K | — | 10x | as long as short |
| Extended SKHYNIX-USD | +0.0112% | 1h | 1,410.1 | −0.116% | $2.4M | $78K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0123% | 1h | 1,410.3 | −0.103% | $294K | $947K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0135% | 1h | 1,410.4 | −0.096% | $322.1M | $200.3M | 10x | as long as short |
| BloFin SKHYNIX-USDTlong | +0.0228% | 4h | 1,411.8 | long leg | $2.6M | $4.2M | 50x | |
| Bitget SKHYNIXUSDT | +0.0238% | 4h | 1,411.5 | −0.021% | $23.9M | $25.3M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0273% | 8h | 1,411.1 | −0.047% | $54.3M | $111.5M | 50x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.1358% | 1h | 1,408.4 | −0.236% | $702 | $38K | 5x | as long as short |
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Binance SKHYNIXUSDT
Aevo SKHX-PERP
Extended SKHYNIX-USD
Polymarket Perps SKHYNIX-USD
tradeXYZ xyz:SKHX
Bitget SKHYNIXUSDT
OKX SKHYNIX-USDT-SWAP
Aftermath Perps SKHYNIXUSD