Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0170%/8h= +18.6% APRpaid last 24h −0.050%

Price spread now: Pacifica against Aster−0.030%7-day average −0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs+$2as in the Funding arb table

Net, price: spread back to 7d avg − costs−$31as in the Price arb table

costs, in and out, $10k−$280.279% of the position

Long on Aster Short on Pacifica

What this pair did over the last

the charts below follow

Funding, last 7 days+0.303%+$30 on $10k

Price spread, last 4 days (all we have)+0.082%+$8 · spread now −0.030%, 7d avg −0.001%

Together, before fees+0.385%+ Points / potential airdropAster: Stage 5 · Pacifica: Active · farm board+$38 on $10k · with fees, hour by hour

Funding pays, the price is against you. Pacifica is 0.030% cheaper against Aster than usual: you would sell low and buy high (spread −0.030% now, against its 7-day average of −0.001%). If the spread goes back, that is −$3 on $10k: about 14 hours of funding at the current rate (+$5 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SKHYNIXUSD1	1,412	0.0297	pay 0.0149% / 4h	3h 37m	$18.9M	$42.4M	20x
Short	Pacifica SKHYNIX	1,411.5	0.0467	get 0.0058% / 1h	37m 15s	$141K	$379K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Pacifica against Aster. 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 AsterbpFee PacificabpOrdersPrice spread, now −0.030%Rate

Funding earned: $35.62
Price spread: −0.030% → −0.001%: −$2.96
Slippage, 4 orders: −$11.9
Fee Aster: 4 bp × 2 orders: −$8
Fee Pacifica: 4 bp × 2 orders: −$8
Net: $4.76
Costs to cover: 0.279%
Break-even: 6.1 days

Slippage from Aster: live order book, 2 min ago; Pacifica: live order book, 36 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 Aster live order book, 2 min ago	1.06 bp	5.7 bp −$6	7.4 bp −$74	doesn't fit	doesn't fit
Sell Pacifica live order book, 36 min ago	1.09 bp	9.1 bp −$9	doesn't fit	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
Bybit SKHYNIXUSDT	−0.0061%	8h	1,411.9	−0.002%	$20.4M	$34.1M	100x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,411.8	−0.011%	$107K	$198K	10x	as long as short
Bullet SKHYNIX-USD	0.0000%	1h	1,411.9	−0.008%	$15K	$468K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,410.9	−0.078%	$982	$782K	10x	as long as short
HTX SKHYNIX-USDT	0.0000%	4h	1,411.5	−0.034%	$1.3M	$2.2M	50x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,410.4	−0.111%	$1.2M	$769K	10x	as long as short
Gate SKHYNIX_USDT	+0.0014%	4h	1,412.5	+0.034%	$144.3M	$62.9M	75x	as long as short
SoDEX SKHX-USD	+0.0050%	1h	1,411.2	−0.058%	$751	$8K	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0060%	1h	1,412.6	+0.045%	$294K	$944K	10x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,411.9	−0.007%	$147K	$262K	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,411.5	−0.030%	$5K	$798	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,411.8	−0.010%	$33K	—	10x	as long as short
tradeXYZ xyz:SKHX	+0.0197%	1h	1,412	+0.002%	$339.3M	$185.9M	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0252%	4h	1,412.2	+0.016%	$5.2M	$8.2M	20x	as long as short
Aster SKHYNIXUSD1long	+0.0297%	4h	1,412	long leg	$18.9M	$42.4M	20x
edgeX SKHYNIXUSDC	+0.0302%	4h	1,411.3	−0.047%	$3.5M	$444K	10x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0326%	8h	1,411.9	−0.005%	$53.2M	$107.6M	50x	as long as short
Bitget SKHYNIXUSDT	+0.0348%	4h	1,411.7	−0.022%	$24.2M	$25.5M	20x	as long as short
Binance SKHYNIXUSDT	+0.0462%	4h	1,411.5	−0.032%	$352.6M	$740.0M	50x	as long as short
Extended SKHYNIX-USD	+0.0464%	1h	1,410.9	−0.072%	$2.4M	$189K	10x	as long as short
Pacifica SKHYNIXshort	+0.0467%	1h	1,411.5	−0.030%	$141K	$379K	10x
BloFin SKHYNIX-USDT	+0.0502%	4h	1,411	−0.068%	$2.5M	$4.2M	50x	as long as short
Aftermath Perps SKHYNIXUSD	+0.3849%	1h	1,409.9	−0.145%	$767	$39K	5x	as long as short