Funding you earn now, next payment 08:00 UTC−0.0331%/8h= −36.2% APRpaid last 24h −0.014%
Price spread now: Binance against OKX−0.018%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$230.228% of the position
Funding, last 7 days−0.060%−$6 on $10k
+Price spread, last 7 days+0.038%+$4 · spread now −0.018%, 7d avg −0.006%
=The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: −$10 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.060% in total (about -3.1% 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 | OKX SKHYNIX-USDT-SWAP | 1,353.7 | 0.0331 | pay 0.0331% / 8h | 33m 31s | $51.9M | $132.1M | 50x |
| Short | Binance SKHYNIXUSDT | 1,353.5 | 0 | get 0.0000% / 4h | 33m 31s | $328.6M | $952.7M | 50x |
OKX SKHYNIX-USDT-SWAP
Binance SKHYNIXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- −$69.46
- Price spread: −0.018% → −0.006%
- −$1.18
- Slippage, 4 orders
- −$2.78
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$93.43
- Costs to cover
- 0.228%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Binance: live order book, 10 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 OKX live order book, 5 min ago | 0.37 bp | 5.4 bp −$5 | 5.4 bp −$54 | 9.8 bp −$978 | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.04 bp | 5.7 bp −$6 | 7.4 bp −$74 | 13.4 bp −$1,339 | 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 | −0.0232% | 4h | 1,351.9 | −0.136% | $3.3M | $430K | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | −0.0058% | 1h | 1,352.4 | −0.093% | $679 | $36K | 5x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,352.3 | −0.102% | $18.4M | $31.8M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,353 | −0.054% | $2.3M | $78K | 10x | as long as short |
| Binance SKHYNIXUSDTshort | 0.0000% | 4h | 1,353.5 | −0.018% | $328.6M | $952.7M | 50x | |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,353.5 | −0.018% | $19.1M | $31.0M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,354 | +0.021% | $140.5M | $77.0M | 75x | as long as short |
| Bitget SKHYNIXUSDT | 0.0000% | 4h | 1,354 | +0.019% | $21.8M | $34.4M | 20x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,352.9 | −0.061% | $98K | $219K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,352.9 | −0.058% | $1K | $484K | 10x | as long as short |
edgeX SKHYNIXUSDC
Aftermath Perps SKHYNIXUSD
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
Bitget SKHYNIXUSDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,353.2 | −0.040% | $1.3M | $2.5M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,353.2 | −0.040% | $1.2M | $777K | 10x | as long as short |
| BloFin SKHYNIX-USDT | +0.0059% | 4h | 1,352.4 | −0.098% | $2.5M | $4.1M | 50x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,353 | −0.049% | $102K | $433K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,352.3 | −0.100% | $5.0M | $8.3M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,352.4 | −0.099% | $141K | $259K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,352.7 | −0.071% | $5K | $1K | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,353.7 | −0.002% | $32K | — | 10x | as long as short |
| OKX SKHYNIX-USDT-SWAPlong | +0.0331% | 8h | 1,353.7 | long leg | $51.9M | $132.1M | 50x | |
| SoDEX SKHX-USD | +0.0607% | 1h | 1,352.5 | −0.089% | $257 | $8K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0760% | 1h | 1,351.3 | −0.177% | $296.4M | $269.3M | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0949% | 1h | 1,352.6 | −0.081% | $253K | $983K | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0963% | 1h | 1,353.2 | −0.035% | $13K | $467K | 10x | as long as short |
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
BloFin SKHYNIX-USDT
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
SoDEX SKHX-USD
tradeXYZ xyz:SKHX
Polymarket Perps SKHYNIX-USD
Bullet SKHYNIX-USD