Funding you earn now, next payment 04:00 UTC−0.0895%/8h= −98.0% APRpaid last 24h −0.149%
Price spread now: edgeX against OKX+0.079%111s7-day average −0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs+$21as 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−$210.213% of the position
Funding, last 7 days+0.425%+$43 on $10k
+Price spread, last 7 days−0.073%−$7 · spread now +0.079%, 7d avg −0.040%
=Together, before fees+0.353%+ Points / potential airdropedgeX: Active · farm board+$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.118% dearer against OKX than usual: you sell high and buy low (spread +0.079% now, against its 7-day average of −0.040%): +$12 on $10k if it goes back. Holding the pair costs −$27 a day in funding at the current rate, which eats that in about 11 hours. Mind the row above: over the last 7 days funding on this pair paid +0.425%, so the current rate has only just turned against you. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.425% in total (about 22.2% 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 | 1,408.2 | 0.0333 | pay 0.0333% / 8h | 5h 25m | $55.8M | $114.4M | 50x |
| Short | edgeX SKHYNIXUSDC | 1,409.3 | −0.0562 | pay 0.0281% / 4h | 1h 25m | $3.5M | $395K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$188
- Price spread: +0.079% → −0.040%
- $11.84
- Slippage, 4 orders
- −$2.28
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$197.43
- Costs to cover
- 0.213%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; edgeX: 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 OKX live order book, 3 min ago | 0.35 bp | 5.7 bp −$6 | 7.3 bp −$73 | 20.0 bp −$2,003 | doesn't fit |
| Sell edgeX live order book, 3 min ago | 0.35 bp | 4.9 bp −$5 | 5.6 bp −$56 | 55.3 bp −$5,533 | 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 SKHYNIXUSDCshort | −0.0562% | 4h | 1,409.3 | +0.079% | $3.5M | $395K | 10x | |
| BloFin SKHYNIX-USDT | −0.0004% | 4h | 1,406.8 | −0.101% | $2.7M | $4.1M | 50x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,407.4 | −0.053% | $18.9M | $39.9M | 20x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,408.4 | +0.011% | $20.4M | $33.1M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,408.4 | +0.015% | $143.9M | $64.2M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,409.5 | +0.091% | $102K | $194K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,407.5 | −0.050% | $1K | $640K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,407.9 | −0.023% | $1.3M | $2.4M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,408.4 | +0.011% | $1.2M | $768K | 10x | as long as short |
| Binance SKHYNIXUSDT | +0.0016% | 4h | 1,407.7 | −0.037% | $351.4M | $749.4M | 50x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SKHYNIX-USD | +0.0016% | 1h | 1,407.3 | −0.066% | $2.4M | $71K | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,407.3 | −0.062% | $749 | $8K | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,407.7 | −0.036% | $126K | $389K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,407.8 | −0.030% | $5.2M | $8.1M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,410.7 | +0.175% | $147K | $261K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,406.9 | −0.091% | $5K | $798 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,408 | −0.012% | $33K | — | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0156% | 1h | 1,407.1 | −0.078% | $317.2M | $205.8M | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0199% | 1h | 1,407.3 | −0.063% | $15K | $467K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0218% | 1h | 1,407.2 | −0.071% | $276K | $1.0M | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0332% | 4h | 1,408 | −0.015% | $23.4M | $26.0M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAPlong | +0.0333% | 8h | 1,408.2 | long leg | $55.8M | $114.4M | 50x | |
| Aftermath Perps SKHYNIXUSD | +0.0574% | 1h | 1,407.6 | −0.044% | $671 | $38K | 5x | as long as short |
OKX SKHYNIX-USDT-SWAP
edgeX SKHYNIXUSDC
BloFin SKHYNIX-USDT
Aster SKHYNIXUSD1
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
Binance SKHYNIXUSDT
Extended SKHYNIX-USD
SoDEX SKHX-USD
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
tradeXYZ xyz:SKHX
Bullet SKHYNIX-USD
Polymarket Perps SKHYNIX-USD
Bitget SKHYNIXUSDT
Aftermath Perps SKHYNIXUSD