Funding you earn now, next payment 01:00 UTC−0.0171%/8h= −18.7% APRpaid last 24h +0.043%
Price spread now: OKX against Pacifica+0.003%49s7-day average +0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as 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−$290.294% of the position
Funding, last 7 days−0.255%−$25 on $10k
+Price spread, last 4 days (all we have)+0.033%+$3 · spread now +0.003%, 7d avg +0.026%
=Together, before fees−0.222%+ Points / potential airdropPacifica: Active · farm board−$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and OKX is 0.023% cheaper against Pacifica than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.026%). Swap the legs. The two prices were read 49 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 | 1,416 | 0.0467 | pay 0.0058% / 1h | 23m 52s | $140K | $380K | 10x |
| Short | OKX SKHYNIX-USDT-SWAP | 1,416 | 0.0296 | get 0.0296% / 8h | 7h 23m | $53.8M | $109.3M | 50x |
Pacifica SKHYNIX
OKX SKHYNIX-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$35.88
- Price spread: +0.003% → +0.026%
- −$2.27
- Slippage, 4 orders
- −$11.44
- Fee Pacifica: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$67.59
- Costs to cover
- 0.294%
- Break-even
- never at this rate
Slippage from Pacifica: live order book, 50 min ago; OKX: live order book, 5 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, 50 min ago | 1.09 bp | 7.7 bp −$8 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 5 min ago | 0.35 bp | 7.1 bp −$7 | 8.8 bp −$88 | 20.2 bp −$2,023 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,416 | +0.002% | $20.6M | $33.4M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,416.4 | +0.028% | $143.8M | $64.1M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,416.7 | +0.054% | $105K | $197K | 10x | as long as short |
| Bullet SKHYNIX-USD | 0.0000% | 1h | 1,415.3 | −0.046% | $15K | $467K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,415.1 | −0.058% | $1K | $758K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,415.8 | −0.014% | $1.3M | $2.2M | 50x | as long as short |
| Phemex SKHYNIXUSDT | 0.0000% | 8h | 1,413.8 | −0.152% | $1.2M | $769K | 10x | as long as short |
| edgeX SKHYNIXUSDC | +0.0042% | 4h | 1,414.6 | −0.097% | $3.5M | $444K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0050% | 1h | 1,416.1 | +0.010% | $295K | $941K | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,414.2 | −0.128% | $752 | $8K | 10x | as long as short |
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
Bullet SKHYNIX-USD
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
Phemex SKHYNIXUSDT
edgeX SKHYNIXUSDC
Polymarket Perps SKHYNIX-USD
SoDEX SKHX-USDShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:SKHX | +0.0095% | 1h | 1,415.1 | −0.061% | $335.7M | $189.1M | 10x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,417.7 | +0.126% | $148K | $262K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,416.1 | +0.009% | $5K | $798 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,415.5 | −0.032% | $33K | — | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0190% | 4h | 1,414.6 | −0.098% | $5.2M | $8.2M | 20x | as long as short |
| Aster SKHYNIXUSD1 | +0.0223% | 4h | 1,415.2 | −0.054% | $18.9M | $42.2M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAPshort | +0.0296% | 8h | 1,416 | +0.003% | $53.8M | $109.3M | 50x | |
| Bitget SKHYNIXUSDT | +0.0304% | 4h | 1,415.9 | −0.006% | $24.3M | $25.5M | 20x | as long as short |
| Binance SKHYNIXUSDT | +0.0364% | 4h | 1,415.1 | −0.058% | $354.2M | $738.1M | 50x | as long as short |
| Extended SKHYNIX-USD | +0.0368% | 1h | 1,414.4 | −0.110% | $2.4M | $189K | 10x | as long as short |
| BloFin SKHYNIX-USDT | +0.0438% | 4h | 1,416.1 | +0.009% | $2.5M | $4.2M | 50x | as long as short |
| Pacifica SKHYNIXlong | +0.0467% | 1h | 1,416 | long leg | $140K | $380K | 10x | |
| Aftermath Perps SKHYNIXUSD | +0.3026% | 1h | 1,413.2 | −0.195% | $704 | $39K | 5x | as long as short |
tradeXYZ xyz:SKHX
ApeX Omni SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
KuCoin SKHYNIXUSDTM
Aster SKHYNIXUSD1
Bitget SKHYNIXUSDT
Binance SKHYNIXUSDT
Extended SKHYNIX-USD
BloFin SKHYNIX-USDT
Aftermath Perps SKHYNIXUSD