Funding you earn now, next payment 09:00 UTC−0.0566%/8h= −62.0% APRpaid last 24h −0.011%
Price spread now: Phemex against Bullet+0.038%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$124as in the Price arb table
costs, in and out, $10k−$1261.261% of the position
Funding, last 4 days (all we have)−0.101%−$10 on $10k
+Price spread, last 4 days (all we have)−0.164%−$16 · spread now +0.038%, 7d avg +0.021%
=The price spread sits at its 7-day average of +0.021%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.101% in total (about -10.3% a year). A funding rate is set anew for every payment. 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 | Bullet SKHYNIX-USD | 1,334.5 | 0.0566 | pay 0.0071% / 1h | 19m 35s | $13K | $466K | 10x |
| Short | Phemex SKHYNIXUSDT | 1,335 | 0 | get 0.0000% / 8h | 7h 19m | $1.2M | $779K | 10x |
Bullet SKHYNIX-USD
Phemex SKHYNIXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Bullet. 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
- −$118.93
- Price spread: +0.038% → +0.021%
- $1.66
- Slippage, 4 orders
- −$106.12
- Fee Bullet: 4 bp × 2 orders
- −$8
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$243.39
- Costs to cover
- 1.261%
- Break-even
- never at this rate
Slippage from Bullet: live order book, 14 min ago; Phemex: live order book, 3 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 Bullet live order book, 14 min ago | 0.38 bp | 6.2 bp −$6 | 20.4 bp −$204 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 3 min ago | 3.30 bp | 55.4 bp −$55 | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT SKHYNIX_USDT_Perp | −0.4190% | 4h | 1,333.6 | −0.063% | $96K | $227K | 10x | as long as short |
| HTX SKHYNIX-USDT | −0.3231% | 4h | 1,334.2 | −0.019% | $1.2M | $2.7M | 50x | as long as short |
| ApeX Omni SKHYNIXUSDT | −0.1631% | 1h | 1,334.1 | −0.030% | $139K | $259K | 50x | as long as short |
| edgeX SKHYNIXUSDC | −0.1445% | 4h | 1,333.1 | −0.101% | $3.3M | $430K | 10x | as long as short |
| BloFin SKHYNIX-USDT | −0.1045% | 4h | 1,333.8 | −0.048% | $2.5M | $4.0M | 50x | as long as short |
| Extended SKHYNIX-USD | −0.1040% | 1h | 1,335.3 | +0.063% | $2.3M | $85K | 10x | as long as short |
| Binance SKHYNIXUSDT | −0.1038% | 4h | 1,335.6 | +0.087% | $326.2M | $991.0M | 50x | as long as short |
| SunX SKHYNIX-USDT | −0.1006% | 4h | 1,334.6 | +0.009% | $974 | $442K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | −0.0916% | 4h | 1,335.2 | +0.051% | $5.1M | $8.3M | 20x | as long as short |
| Bybit SKHYNIXUSDT | −0.0897% | 8h | 1,336.1 | +0.122% | $18.4M | $31.6M | 100x | as long as short |
GRVT SKHYNIX_USDT_Perp
HTX SKHYNIX-USDT
ApeX Omni SKHYNIXUSDT
edgeX SKHYNIXUSDC
BloFin SKHYNIX-USDT
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
SunX SKHYNIX-USDT
KuCoin SKHYNIXUSDTM
Bybit SKHYNIXUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYNIXUSD1 | −0.0772% | 4h | 1,336.4 | +0.140% | $18.0M | $25.5M | 20x | as long as short |
| Bitget SKHYNIXUSDT | −0.0638% | 4h | 1,336 | +0.114% | $21.4M | $36.9M | 20x | as long as short |
| Aftermath Perps SKHYNIXUSD | −0.0294% | 1h | 1,334 | −0.039% | $727 | $35K | 5x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,336 | +0.113% | $138.0M | $76.8M | 75x | as long as short |
| Phemex SKHYNIXUSDTshort | 0.0000% | 8h | 1,335 | +0.038% | $1.2M | $779K | 10x | |
| Polymarket Perps SKHYNIX-USD | +0.0050% | 1h | 1,334.4 | −0.006% | $250K | $974K | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,334.4 | −0.010% | $390 | $8K | 10x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0086% | 8h | 1,334.4 | −0.008% | $5K | $1K | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,334.4 | −0.008% | $31K | — | 10x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0215% | 8h | 1,335.9 | +0.106% | $51.3M | $134.7M | 50x | as long as short |
| Pacifica SKHYNIX | +0.0285% | 1h | 1,335.7 | +0.093% | $103K | $437K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0318% | 1h | 1,335.4 | +0.069% | $294.7M | $282.2M | 10x | as long as short |
| Bullet SKHYNIX-USDlong | +0.0566% | 1h | 1,334.5 | long leg | $13K | $466K | 10x |
Aster SKHYNIXUSD1
Bitget SKHYNIXUSDT
Aftermath Perps SKHYNIXUSD
Gate SKHYNIX_USDT
Polymarket Perps SKHYNIX-USD
SoDEX SKHX-USD
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
OKX SKHYNIX-USDT-SWAP
Pacifica SKHYNIX
tradeXYZ xyz:SKHX