Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.046%
Price spread now: tradeXYZ against Phemex−0.042%7-day average −0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1221.216% of the position
Funding, last 7 days+0.376%+$38 on $10k
+Price spread, last 4 days (all we have)+0.162%+$16 · spread now −0.042%, 7d avg −0.026%
=Together, before fees+0.538%+ Points / potential airdroptradeXYZ: Active · farm board+$54 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.026%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SKHYNIXUSDT | 1,413.3 | 0 | get 0.0000% / 8h | 4h 59m | $1.2M | $768K | 10x |
| Short | tradeXYZ xyz:SKHX | 1,412.7 | 0.0050 | get 0.0006% / 1h | 59m 08s | $318.4M | $205.8M | 10x |
Phemex SKHYNIXUSDT
tradeXYZ xyz:SKHXFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: −0.042% → −0.026%
- −$1.63
- Slippage, 4 orders
- −$91.56
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$112.7
- Costs to cover
- 1.216%
- Break-even
- 82.1 days
Slippage from Phemex: live order book, 4 min ago; tradeXYZ: live order book, 11 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, 4 min ago | 3.26 bp | 42.0 bp −$42 | doesn't fit | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 11 min ago | 0.35 bp | 10.3 bp −$10 | 10.7 bp −$107 | 15.6 bp −$1,556 | 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 | −0.0508% | 4h | 1,412 | −0.091% | $3.5M | $395K | 10x | as long as short |
| Aster SKHYNIXUSD1 | 0.0000% | 4h | 1,413.4 | +0.007% | $18.9M | $39.8M | 20x | as long as short |
| Extended SKHYNIX-USD | 0.0000% | 1h | 1,412.7 | −0.040% | $2.4M | $71K | 10x | as long as short |
| Binance SKHYNIXUSDT | 0.0000% | 4h | 1,413.3 | 0.000% | $350.9M | $751.5M | 50x | as long as short |
| Bybit SKHYNIXUSDT | 0.0000% | 8h | 1,414.4 | +0.074% | $20.6M | $32.6M | 100x | as long as short |
| Gate SKHYNIX_USDT | 0.0000% | 4h | 1,414.4 | +0.079% | $144.2M | $63.8M | 75x | as long as short |
| GRVT SKHYNIX_USDT_Perp | 0.0000% | 4h | 1,412.6 | −0.048% | $102K | $196K | 10x | as long as short |
| SunX SKHYNIX-USDT | 0.0000% | 4h | 1,413.1 | −0.013% | $1K | $629K | 10x | as long as short |
| HTX SKHYNIX-USDT | 0.0000% | 4h | 1,413.5 | +0.012% | $1.3M | $2.4M | 50x | as long as short |
| Phemex SKHYNIXUSDTlong | 0.0000% | 8h | 1,413.3 | long leg | $1.2M | $768K | 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 | +0.0045% | 4h | 1,413.2 | −0.005% | $2.7M | $4.1M | 50x | as long as short |
| Bullet SKHYNIX-USD | +0.0046% | 1h | 1,413 | −0.023% | $16K | $470K | 10x | as long as short |
| tradeXYZ xyz:SKHXshort | +0.0050% | 1h | 1,412.7 | −0.042% | $318.4M | $205.8M | 10x | |
| SoDEX SKHX-USD | +0.0050% | 1h | 1,413.2 | −0.006% | $752 | $8K | 10x | as long as short |
| Polymarket Perps SKHYNIX-USD | +0.0080% | 1h | 1,413.2 | −0.007% | $277K | $1.0M | 10x | as long as short |
| Pacifica SKHYNIX | +0.0100% | 1h | 1,413.2 | −0.007% | $127K | $385K | 10x | as long as short |
| KuCoin SKHYNIXUSDTM | +0.0100% | 4h | 1,413.1 | −0.017% | $5.2M | $8.0M | 20x | as long as short |
| ApeX Omni SKHYNIXUSDT | +0.0100% | 1h | 1,412.5 | −0.060% | $147K | $261K | 50x | as long as short |
| Orderly PERP_SKHYNIX_USDC_mythos | +0.0100% | 8h | 1,413.1 | −0.014% | $5K | $798 | 10x | as long as short |
| Aevo SKHX-PERP | +0.0104% | 1h | 1,413.8 | +0.036% | $33K | — | 10x | as long as short |
| Bitget SKHYNIXUSDT | +0.0302% | 4h | 1,413.7 | +0.031% | $23.5M | $26.1M | 20x | as long as short |
| OKX SKHYNIX-USDT-SWAP | +0.0338% | 8h | 1,414.2 | +0.064% | $56.3M | $114.9M | 50x | as long as short |
| Aftermath Perps SKHYNIXUSD | +0.0404% | 1h | 1,411.4 | −0.136% | $673 | $38K | 5x | as long as short |
BloFin SKHYNIX-USDT
Bullet SKHYNIX-USD
SoDEX SKHX-USD
Polymarket Perps SKHYNIX-USD
Pacifica SKHYNIX
KuCoin SKHYNIXUSDTM
ApeX Omni SKHYNIXUSDT
Orderly PERP_SKHYNIX_USDC_mythos
Aevo SKHX-PERP
Bitget SKHYNIXUSDT
OKX SKHYNIX-USDT-SWAP
Aftermath Perps SKHYNIXUSD