Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.053%
Price spread now: Binance against Pacifica+0.035%48s7-day average +0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as 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−$260.264% of the position
Funding, last 7 days−0.169%−$17 on $10k
+Price spread, last 4 days (all we have)+0.323%+$32 · spread now +0.035%, 7d avg +0.008%
=Together, before fees+0.155%+ Points / potential airdropPacifica: Active · farm board+$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.027% dearer against Pacifica than usual: you sell high and buy low (spread +0.035% now, against its 7-day average of +0.008%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 21 hours. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Pacifica SKHYNIX | 1,348.2 | 0.0100 | pay 0.0013% / 1h | 3m 48s | $102K | $433K | 10x |
| Short | Binance SKHYNIXUSDT | 1,348.7 | 0 | get 0.0000% / 4h | 3m 48s | $328.7M | $957.9M | 50x |
Pacifica SKHYNIX
Binance SKHYNIXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Pacifica. 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: +0.035% → +0.008%
- $2.68
- Slippage, 4 orders
- −$8.45
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$44.76
- Costs to cover
- 0.264%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 35 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 Pacifica live order book, 35 min ago | 0.37 bp | 6.8 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.04 bp | 5.1 bp −$5 | 5.7 bp −$57 | 12.8 bp −$1,280 | 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 | −0.0324% | 4h | 1,350 | +0.132% | $3.3M | $430K | 10x | as long as short |
| Aftermath Perps SKHYNIXUSD | −0.0063% | 1h | 1,348.2 | −0.005% | $735 | $35K | 5x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,350.6 | +0.178% | $18.4M | $28.9M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,348.3 | +0.004% | $2.3M | $78K | 10x | as long as short |
| Binance SKHYNIXUSDTshort | 0.0000% | 4h | 1,348.7 | +0.035% | $328.7M | $957.9M | 50x | |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,348.8 | +0.040% | $19.0M | $30.9M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,349.3 | +0.075% | $140.2M | $77.5M | 75x | as long as short |
| Bitget SKHYNIXUSDT | 0.0000% | 4h | 1,348.8 | +0.039% | $21.9M | $34.7M | 20x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,350.2 | +0.146% | $98K | $224K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,348.5 | +0.020% | $966 | $469K | 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 | 1,349.6 | +0.098% | $1.3M | $2.5M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,349.1 | +0.061% | $1.2M | $781K | 10x | as long as short |
| BloFin SKHYNIX-USDT | +0.0008% | 4h | 1,348.4 | +0.014% | $2.5M | $4.1M | 50x | as long as short |
| Pacifica SKHYNIXlong | +0.0100% | 1h | 1,348.2 | long leg | $102K | $433K | 10x | |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,348.2 | −0.004% | $5.0M | $8.2M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,350.5 | +0.167% | $141K | $259K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,349.3 | +0.077% | $5K | $1K | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,349 | +0.057% | $32K | — | 10x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0405% | 8h | 1,348.4 | +0.011% | $52.2M | $131.2M | 50x | as long as short |
| SoDEX SKHX-USD | +0.0862% | 1h | 1,347.8 | −0.032% | $240 | $8K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0906% | 1h | 1,347.3 | −0.070% | $295.8M | $269.7M | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.1104% | 1h | 1,348 | −0.018% | $252K | $974K | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.1161% | 1h | 1,348.2 | −0.002% | $15K | $467K | 10x | as long as short |
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
BloFin SKHYNIX-USDT
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
OKX SKHYNIX-USDT-SWAP
SoDEX SKHX-USD
tradeXYZ xyz:SKHX
Polymarket Perps SKHYNIX-USD
Bullet SKHYNIX-USD