Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0132%/8h= +14.5% APRpaid last 24h +0.061%

Price spread now: Bitget against ApeX Omni−0.004%93s7-day average −0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$42as 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−$390.392% of the position

Long on ApeX Omni Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.024%−$2 on $10k

Price spread, last 4 days (all we have)−0.299%−$30 · spread now −0.004%, 7d avg −0.004%

Together, before fees−0.323%−$32 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.004%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 93 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	ApeX Omni SKHYNIXUSDT	1,410.2	0.0100	pay 0.0013% / 1h	42m 00s	$147K	$261K	50x
Short	Bitget SKHYNIXUSDT	1,410.2	0.0232	get 0.0116% / 4h	2h 42m	$23.9M	$25.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against ApeX Omni. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ApeX OmnibpFee BitgetbpOrdersPrice spread, now −0.004%Rate

Funding earned: $27.72
Price spread: −0.004% → −0.004%: $0.03
Slippage, 4 orders: −$17.17
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$11.42
Costs to cover: 0.392%
Break-even: 9.9 days

Slippage from ApeX Omni: live order book, 25 min ago; Bitget: live order book, 2 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 ApeX Omni live order book, 25 min ago	6.97 bp	12.0 bp −$12	33.8 bp −$338	doesn't fit	doesn't fit
Sell Bitget live order book, 2 min ago	0.43 bp	8.0 bp −$8	13.7 bp −$137	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
edgeX SKHYNIXUSDC	−0.0062%	4h	1,408.7	−0.109%	$3.5M	$424K	10x	as long as short
Bybit SKHYNIXUSDT	0.0000%	8h	1,410.4	+0.016%	$20.6M	$33.1M	100x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,409.4	−0.057%	$142.5M	$62.8M	75x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,409.2	−0.076%	$102K	$196K	10x	as long as short
Bullet SKHYNIX-USD	0.0000%	1h	1,408.2	−0.143%	$15K	$468K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,407.1	−0.225%	$1K	$690K	10x	as long as short
HTX SKHYNIX-USDT	0.0000%	4h	1,408.1	−0.150%	$1.3M	$2.2M	50x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,408.8	−0.099%	$1.2M	$769K	10x	as long as short
Aster SKHYNIXUSD1	+0.0015%	4h	1,408.2	−0.144%	$18.9M	$41.5M	20x	as long as short
SoDEX SKHX-USD	+0.0050%	1h	1,407.7	−0.179%	$749	$8K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps SKHYNIX-USD	+0.0088%	1h	1,407.8	−0.172%	$293K	$946K	10x	as long as short
Pacifica SKHYNIX	+0.0100%	1h	1,407.5	−0.191%	$134K	$385K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,408	−0.157%	$5.2M	$8.1M	20x	as long as short
ApeX Omni SKHYNIXUSDTlong	+0.0100%	1h	1,410.2	long leg	$147K	$261K	50x
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,407.9	−0.167%	$5K	$798	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,408.8	−0.098%	$33K	—	10x	as long as short
tradeXYZ xyz:SKHX	+0.0125%	1h	1,407.7	−0.179%	$321.8M	$201.5M	10x	as long as short
Extended SKHYNIX-USD	+0.0128%	1h	1,409.2	−0.073%	$2.4M	$78K	10x	as long as short
Binance SKHYNIXUSDT	+0.0131%	4h	1,408.7	−0.109%	$352.4M	$744.2M	50x	as long as short
BloFin SKHYNIX-USDT	+0.0228%	4h	1,411.8	+0.109%	$2.6M	$4.2M	50x	as long as short
Bitget SKHYNIXUSDTshort	+0.0232%	4h	1,410.2	−0.004%	$23.9M	$25.3M	20x
OKX SKHYNIX-USDT-SWAP	+0.0269%	8h	1,410.2	−0.001%	$54.3M	$111.4M	50x	as long as short
Aftermath Perps SKHYNIXUSD	+0.1520%	1h	1,409.1	−0.083%	$702	$38K	5x	as long as short