Funding you earn now, next payment 09:00 UTC+0.0566%/8h= +62.0% APRpaid last 24h +0.011%
Price spread now: Bullet against Phemex−0.038%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$128as in the Price arb table
costs, in and out, $10k−$1261.261% of the position
Funding, last 4 days (all we have)+0.101%+$10 on $10k
+Price spread, last 4 days (all we have)+0.164%+$16 · spread now −0.038%, 7d avg −0.021%
=The price spread sits at its 7-day average of −0.021%, so right now this pair is about funding alone: +$17 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.101% in total (about 10.3% 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 | Phemex SKHYNIXUSDT | 1,335 | 0 | get 0.0000% / 8h | 7h 19m | $1.2M | $779K | 10x |
| Short | Bullet SKHYNIX-USD | 1,334.5 | 0.0566 | get 0.0071% / 1h | 19m 38s | $13K | $466K | 10x |
Phemex SKHYNIXUSDT
Bullet SKHYNIX-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bullet 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
- $118.93
- Price spread: −0.038% → −0.021%
- −$1.66
- Slippage, 4 orders
- −$106.12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Bullet: 4 bp × 2 orders
- −$8
- Net
- −$8.85
- Costs to cover
- 1.261%
- Break-even
- 7.5 days
Slippage from Phemex: live order book, 3 min ago; Bullet: live order book, 14 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 | 3.30 bp | 58.2 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bullet live order book, 14 min ago | 0.38 bp | 6.3 bp −$6 | 20.5 bp −$205 | doesn't fit | 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 | |
|---|---|---|---|---|---|---|---|---|
| GRVT SKHYNIX_USDT_Perp | −0.4190% | 4h | 1,333.6 | −0.101% | $96K | $227K | 10x | as long as short |
| HTX SKHYNIX-USDT | −0.3231% | 4h | 1,334.2 | −0.057% | $1.2M | $2.7M | 50x | as long as short |
| ApeX Omni SKHYNIXUSDT | −0.1631% | 1h | 1,334.1 | −0.068% | $139K | $259K | 50x | as long as short |
| edgeX SKHYNIXUSDC | −0.1445% | 4h | 1,333.1 | −0.139% | $3.3M | $430K | 10x | as long as short |
| BloFin SKHYNIX-USDT | −0.1045% | 4h | 1,333.8 | −0.086% | $2.5M | $4.0M | 50x | as long as short |
| Extended SKHYNIX-USD | −0.1040% | 1h | 1,335.3 | +0.025% | $2.3M | $85K | 10x | as long as short |
| Binance SKHYNIXUSDT | −0.1038% | 4h | 1,335.6 | +0.049% | $326.2M | $991.0M | 50x | as long as short |
| SunX SKHYNIX-USDT | −0.1006% | 4h | 1,334.6 | −0.028% | $974 | $442K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | −0.0916% | 4h | 1,335.2 | +0.013% | $5.1M | $8.3M | 20x | as long as short |
| Bybit SKHYNIXUSDT | −0.0897% | 8h | 1,336.1 | +0.084% | $18.4M | $31.6M | 100x | as long as short |
GRVT SKHYNIX_USDT_Perp
HTX SKHYNIX-USDT
ApeX Omni SKHYNIXUSDT
edgeX SKHYNIXUSDC
BloFin SKHYNIX-USDT
Extended SKHYNIX-USD
Binance SKHYNIXUSDT
SunX SKHYNIX-USDT
KuCoin SKHYNIXUSDTM
Bybit SKHYNIXUSDTShow all 23 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYNIXUSD1 | −0.0772% | 4h | 1,336.4 | +0.102% | $18.0M | $25.5M | 20x | as long as short |
| Bitget SKHYNIXUSDT | −0.0638% | 4h | 1,336 | +0.076% | $21.4M | $36.9M | 20x | as long as short |
| Aftermath Perps SKHYNIXUSD | −0.0294% | 1h | 1,334 | −0.077% | $727 | $35K | 5x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,336 | +0.075% | $138.0M | $76.8M | 75x | as long as short |
| Phemex SKHYNIXUSDTlong | 0.0000% | 8h | 1,335 | long leg | $1.2M | $779K | 10x | |
| Polymarket Perps SKHYNIX-USD | +0.0050% | 1h | 1,334.4 | −0.044% | $250K | $974K | 10x | as long as short |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,334.4 | −0.048% | $390 | $8K | 10x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0086% | 8h | 1,334.4 | −0.046% | $5K | $1K | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,334.4 | −0.046% | $31K | — | 10x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0215% | 8h | 1,335.9 | +0.068% | $51.3M | $134.7M | 50x | as long as short |
| Pacifica SKHYNIX | +0.0285% | 1h | 1,335.7 | +0.055% | $103K | $437K | 10x | as long as short |
| tradeXYZ xyz:SKHX | +0.0318% | 1h | 1,335.4 | +0.031% | $294.7M | $282.2M | 10x | as long as short |
| Bullet SKHYNIX-USDshort | +0.0566% | 1h | 1,334.5 | −0.038% | $13K | $466K | 10x |
Aster SKHYNIXUSD1
Bitget SKHYNIXUSDT
Aftermath Perps SKHYNIXUSD
Gate SKHYNIX_USDT
Polymarket Perps SKHYNIX-USD
SoDEX SKHX-USD
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
OKX SKHYNIX-USDT-SWAP
Pacifica SKHYNIX
tradeXYZ xyz:SKHX