Funding you earn now, next payment 04:00 UTC+0.0593%/8h= +65.0% APRpaid last 24h +0.110%
Price spread now: tradeXYZ against edgeX+0.035%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$300.296% of the position
Funding, last 7 days−0.412%−$41 on $10k
+Price spread, last 7 days−0.082%−$8 · spread now +0.035%, 7d avg −0.014%
=Together, before fees−0.494%+ Points / potential airdropedgeX: Active · tradeXYZ: Active · farm board−$49 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and tradeXYZ is 0.048% dearer against edgeX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.014%. Mind the row above: over the last 7 days funding on this pair cost −0.412%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.412% in total (about -21.5% 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 | edgeX SKHYNIXUSDC | 1,412 | −0.0508 | get 0.0254% / 4h | 59m 34s | $3.5M | $395K | 10x |
| Short | tradeXYZ xyz:SKHX | 1,412.5 | 0.0085 | get 0.0011% / 1h | 59m 34s | $318.3M | $205.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against edgeX. 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
- $124.6
- Price spread: +0.035% → −0.014%
- $4.81
- Slippage, 4 orders
- −$2.65
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $99.77
- Costs to cover
- 0.296%
- Break-even
- 1.4 days
Slippage from edgeX: live order book, 4 min ago; tradeXYZ: live order book, 11 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 edgeX live order book, 4 min ago | 0.21 bp | 4.7 bp −$5 | 5.3 bp −$53 | 54.3 bp −$5,433 | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 0.35 bp | 10.3 bp −$10 | 10.7 bp −$107 | 15.6 bp −$1,556 | 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 SKHYNIXUSDClong | −0.0508% | 4h | 1,412 | long leg | $3.5M | $395K | 10x | |
| BloFin SKHYNIX-USDT | −0.0032% | 4h | 1,412.5 | +0.035% | $2.7M | $4.1M | 50x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,413.4 | +0.098% | $18.9M | $39.8M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,412.6 | +0.043% | $2.4M | $71K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,413 | +0.070% | $350.8M | $751.5M | 50x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,413.9 | +0.137% | $20.6M | $32.6M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,414.1 | +0.149% | $144.2M | $63.8M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,412.6 | +0.043% | $102K | $196K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,412.4 | +0.025% | $1K | $630K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,412.8 | +0.053% | $1.3M | $2.4M | 50x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,413.2 | +0.081% | $1.2M | $768K | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,413.1 | +0.076% | $752 | $8K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0080% | 1h | 1,413.2 | +0.084% | $277K | $1.0M | 10x | as long as short |
| tradeXYZ xyz:SKHXshort | +0.0085% | 1h | 1,412.5 | +0.035% | $318.3M | $205.7M | 10x | |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,413.2 | +0.084% | $127K | $385K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,413 | +0.070% | $5.2M | $8.0M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,412.5 | +0.031% | $147K | $261K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,412.9 | +0.064% | $5K | $798 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,413.7 | +0.122% | $33K | — | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0146% | 1h | 1,413.2 | +0.084% | $16K | $469K | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0302% | 4h | 1,413.2 | +0.086% | $23.5M | $26.1M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0338% | 8h | 1,413.7 | +0.120% | $56.3M | $114.8M | 50x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0408% | 1h | 1,411.2 | −0.054% | $673 | $38K | 5x | as long as short |
edgeX SKHYNIXUSDC
tradeXYZ xyz:SKHX
BloFin SKHYNIX-USDT
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
SoDEX SKHX-USD
Polymarket Perps SKHYNIX-USD
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Bullet SKHYNIX-USD
Bitget SKHYNIXUSDT
OKX SKHYNIX-USDT-SWAP
Aftermath Perps SKHYNIXUSD