Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.071%
Price spread now: Binance against Phemex−0.048%7-day average −0.046% · you buy dearer than you sell
Net, funding: paid 7d − costs−$78as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1081.082% of the position
Funding, last 7 days+0.303%+$30 on $10k
+Price spread, last 4 days (all we have)+0.017%+$2 · spread now −0.048%, 7d avg −0.046%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SKHYNIXUSDT | 1,388.6 | 0 | get 0.0000% / 8h | 3h 39m | $1.2M | $772K | 10x |
| Short | Binance SKHYNIXUSDT | 1,388 | 0 | get 0.0000% / 4h | 3h 39m | $345.3M | $776.5M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Phemex. 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
- $0
- Price spread: −0.048% → −0.046%
- −$0.18
- Slippage, 4 orders
- −$86.15
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$108.33
- Costs to cover
- 1.082%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 3 min ago; Binance: live order book, 4 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 Phemex live order book, 3 min ago | 4.30 bp | 37.0 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.04 bp | 5.6 bp −$6 | 7.3 bp −$73 | 14.5 bp −$1,447 | 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 | −0.0785% | 4h | 1,391.2 | +0.188% | $3.4M | $372K | 10x | as long as short |
| BloFin SKHYNIX-USDT | −0.0033% | 4h | 1,390.7 | +0.149% | $2.6M | $4.1M | 50x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,387.5 | −0.079% | $18.6M | $39.0M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,387.5 | −0.081% | $2.4M | $71K | 10x | as long as short |
| Binance SKHYNIXUSDTshort | 0.0000% | 4h | 1,388 | −0.048% | $345.3M | $776.5M | 50x | |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,388.2 | −0.033% | $20.1M | $31.8M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,388.6 | −0.001% | $139.0M | $66.3M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,390.9 | +0.165% | $100K | $204K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,392 | +0.239% | $869 | $583K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,389.8 | +0.084% | $1.3M | $2.4M | 50x | as long as short |
Show all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex SKHYNIXUSDTlong | 0.0000% | 8h | 1,388.6 | long leg | $1.2M | $772K | 10x | |
| tradeXYZ xyz:SKHX | +0.0050% | 1h | 1,386.6 | −0.147% | $306.9M | $220.1M | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,388.6 | −0.001% | $739 | $8K | 10x | as long as short |
| Bullet SKHYNIX-USD | +0.0067% | 1h | 1,388.8 | +0.012% | $15K | $469K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0076% | 1h | 1,389.4 | +0.055% | $272K | $1.0M | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,387.6 | −0.077% | $121K | $395K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,387.3 | −0.097% | $5.1M | $8.1M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,393.3 | +0.334% | $145K | $260K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,388.8 | +0.012% | $5K | $858 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,389.4 | +0.058% | $33K | — | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0242% | 4h | 1,388.3 | −0.022% | $22.9M | $27.6M | 20x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0251% | 1h | 1,392.5 | +0.276% | $664 | $37K | 5x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0408% | 8h | 1,388.3 | −0.024% | $54.5M | $113.8M | 50x | as long as short |
Phemex SKHYNIXUSDT
Binance SKHYNIXUSDT
edgeX SKHYNIXUSDC
BloFin SKHYNIX-USDT
Aster SKHYNIXUSD1
Extended SKHYNIX-USD
Bybit SKHYNIXUSDT
Gate SKHYNIX_USDT
GRVT SKHYNIX_USDT_Perp
SunX SKHYNIX-USDT
HTX SKHYNIX-USDT
tradeXYZ xyz:SKHX
SoDEX SKHX-USD
Bullet SKHYNIX-USD
Polymarket Perps SKHYNIX-USD
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Bitget SKHYNIXUSDT
Aftermath Perps SKHYNIXUSD
OKX SKHYNIX-USDT-SWAP