Funding you earn now, next payment 08:00 UTC+0.0018%/8h= +2.0% APRpaid last 24h −0.066%
Price spread now: Phemex against BloFin+0.149%59s7-day average +0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as 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−$1101.098% of the position
Funding, last 7 days−0.303%−$30 on $10k
+Price spread, last 4 days (all we have)−0.151%−$15 · spread now +0.149%, 7d avg +0.025%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Phemex is 0.124% dearer against BloFin than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.025%. Mind the row above: over the last 7 days funding on this pair cost −0.303%, so the current rate has only just turned in your favour. The two prices were read 59 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 | 1,387.3 | −0.0018 | get 0.0009% / 4h | 3h 38m | $2.6M | $4.1M | 50x |
| Short | Phemex SKHYNIXUSDT | 1,389.4 | 0 | get 0.0000% / 8h | 3h 38m | $1.2M | $772K | 10x |
BloFin SKHYNIX-USDT
Phemex SKHYNIXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $3.8
- Price spread: +0.149% → +0.025%
- $12.38
- Slippage, 4 orders
- −$85.79
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$93.61
- Costs to cover
- 1.098%
- Break-even
- 179.5 days
Slippage from BloFin: live order book, 5 min ago; Phemex: 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, 5 min ago | 0.04 bp | 6.0 bp −$6 | 7.3 bp −$73 | 12.2 bp −$1,220 | doesn't fit |
| Sell Phemex live order book, 4 min ago | 4.30 bp | 60.5 bp −$60 | doesn't fit | doesn't fit | 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 | −0.0785% | 4h | 1,391.2 | +0.284% | $3.4M | $372K | 10x | as long as short |
| BloFin SKHYNIX-USDTlong | −0.0018% | 4h | 1,387.3 | long leg | $2.6M | $4.1M | 50x | |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,388.1 | +0.057% | $18.6M | $39.0M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,388 | +0.052% | $2.4M | $71K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,388.5 | +0.088% | $345.4M | $778.3M | 50x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,389 | +0.118% | $20.2M | $31.8M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,388.6 | +0.093% | $142.0M | $67.0M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,390.9 | +0.261% | $100K | $204K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,388.9 | +0.111% | $867 | $582K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,387.7 | +0.025% | $1.3M | $2.4M | 50x | 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-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex SKHYNIXUSDTshort | 0.0000% | 8h | 1,389.4 | +0.149% | $1.2M | $772K | 10x | |
| tradeXYZ xyz:SKHX | +0.0050% | 1h | 1,387 | −0.022% | $306.4M | $222.4M | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,388.3 | +0.074% | $739 | $8K | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0054% | 1h | 1,388.2 | +0.064% | $15K | $469K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0062% | 1h | 1,388 | +0.050% | $268K | $1.0M | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,387.8 | +0.032% | $121K | $395K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,387.8 | +0.032% | $5.1M | $8.1M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,393.3 | +0.430% | $145K | $260K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,388.4 | +0.079% | $5K | $858 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,389 | +0.118% | $33K | — | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0238% | 4h | 1,388.9 | +0.112% | $22.9M | $27.7M | 20x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0243% | 1h | 1,390.8 | +0.249% | $663 | $37K | 5x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0406% | 8h | 1,388.9 | +0.115% | $54.6M | $114.0M | 50x | as long as short |
tradeXYZ xyz:SKHX
SoDEX SKHX-USD
Bullet SKHYNIX-USD
Polymarket Perps SKHYNIX-USD
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
Bitget SKHYNIXUSDT
Aftermath Perps SKHYNIXUSD
OKX SKHYNIX-USDT-SWAP