Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.016%
Price spread now: Phemex against Orderly+0.065%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Phemex is 0.065% dearer against Orderly than usual: you sell high and buy low (spread +0.065% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_SKHYNIX_USDC_mythos | 1,406.8 | 0.0100 | pay 0.0100% / 8h | 4h 07m | $5K | $798 | 10x |
| Short | Phemex SKHYNIXUSDT | 1,407.7 | 0 | get 0.0000% / 8h | 4h 07m | $1.2M | $769K | 10x |
Orderly PERP_SKHYNIX_USDC_mythos
Phemex SKHYNIXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex against Orderly. 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
- −$21
- Price spread: +0.065% → 0.000%
- $6.47
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$32.53
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Phemex: live order book, 5 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell Phemex live order book, 5 min ago | 1.81 bp | 44.7 bp −$45 | doesn't fit | doesn't fit | doesn't fit |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0490% | 4h | 1,408.8 | +0.148% | $3.5M | $372K | 10x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,406.7 | −0.002% | $18.8M | $39.8M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,406.5 | −0.014% | $2.4M | $71K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,406.2 | −0.038% | $348.8M | $755.2M | 50x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,406.7 | −0.006% | $20.4M | $31.6M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,407.5 | +0.050% | $143.1M | $65.3M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,409.5 | +0.197% | $102K | $201K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,407.8 | +0.075% | $1K | $607K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,410.2 | +0.242% | $1.3M | $2.4M | 50x | as long as short |
| Phemex SKHYNIXUSDTshort | 0.0000% | 8h | 1,407.7 | +0.065% | $1.2M | $769K | 10x |
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 | |
|---|---|---|---|---|---|---|---|---|
| BloFin SKHYNIX-USDT | +0.0006% | 4h | 1,408.4 | +0.117% | $2.7M | $4.1M | 50x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,407.2 | +0.031% | $749 | $8K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0076% | 1h | 1,406.1 | −0.046% | $313.6M | $212.6M | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0093% | 1h | 1,407.5 | +0.053% | $14K | $470K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0100% | 1h | 1,406.9 | +0.011% | $276K | $1.0M | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,406.4 | −0.027% | $128K | $387K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,406.3 | −0.031% | $5.2M | $8.0M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,409.9 | +0.227% | $147K | $260K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythoslong | +0.0100% | 8h | 1,406.8 | long leg | $5K | $798 | 10x | |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,407.7 | +0.066% | $33K | — | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0234% | 4h | 1,407.1 | +0.021% | $23.2M | $26.4M | 20x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0269% | 1h | 1,407.8 | +0.073% | $671 | $38K | 5x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0368% | 8h | 1,407 | +0.018% | $55.7M | $114.2M | 50x | as long as short |
BloFin SKHYNIX-USDT
SoDEX SKHX-USD
tradeXYZ xyz:SKHX
Bullet SKHYNIX-USD
Polymarket Perps SKHYNIX-USD
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Aevo SKHX-PERP
Bitget SKHYNIXUSDT
Aftermath Perps SKHYNIXUSD
OKX SKHYNIX-USDT-SWAP