Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0129%/8h= +14.1% APRpaid last 24h −0.026%

Price spread now: ApeX Omni against BloFin+0.291%7-day average +0.032% · you sell dearer than you buy

Net, funding: paid 7d − costs−$36as in the Funding arb table

Net, price: spread back to 7d avg − costs−$15as in the Price arb table

costs, in and out, $10k−$410.410% of the position

Long on BloFin Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.049%+$5 on $10k

Price spread, last 4 days (all we have)−0.223%−$22 · spread now +0.291%, 7d avg +0.032%

Together, before fees−0.174%−$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and ApeX Omni is 0.259% dearer against BloFin than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of +0.032%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SKHYNIX-USDT	1,362.1	−0.0029	get 0.0014% / 4h	1h 52m	$2.6M	$4.0M	50x
Short	ApeX Omni SKHYNIXUSDT	1,366.1	0.0100	get 0.0013% / 1h	52m 41s	$142K	$259K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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 BloFinbpFee ApeX OmnibpOrdersPrice spread, now +0.291%Rate

Funding earned: $27.07
Price spread: +0.291% → +0.032%: $25.86
Slippage, 4 orders: −$18.97
Fee BloFin: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: $11.96
Costs to cover: 0.410%
Break-even: 3.9 days

Slippage from BloFin: live order book, 6 min ago; ApeX Omni: live order book, 54 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 BloFin live order book, 6 min ago	0.04 bp	6.1 bp −$6	7.1 bp −$71	13.4 bp −$1,340	doesn't fit
Sell ApeX Omni live order book, 54 min ago	9.43 bp	14.4 bp −$14	37.1 bp −$371	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	−0.0468%	4h	1,363.8	+0.123%	$3.3M	$431K	10x	as long as short
BloFin SKHYNIX-USDTlong	−0.0029%	4h	1,362.1	long leg	$2.6M	$4.0M	50x
Aster SKHYNIXUSD1	0.0000%	4h	1,363.8	+0.121%	$18.4M	$36.3M	20x	as long as short
Extended SKHYNIX-USD	0.0000%	1h	1,362.4	+0.022%	$2.3M	$78K	10x	as long as short
Binance SKHYNIXUSDT	0.0000%	4h	1,363	+0.060%	$333.4M	$904.4M	50x	as long as short
Bybit SKHYNIXUSDT	0.0000%	8h	1,363.6	+0.110%	$19.5M	$31.0M	100x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,363	+0.065%	$141.7M	$74.1M	75x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,363.1	+0.068%	$891	$520K	10x	as long as short
HTX SKHYNIX-USDT	0.0000%	4h	1,362.6	+0.036%	$1.2M	$2.5M	50x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,362.9	+0.053%	$1.2M	$776K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet SKHYNIX-USD	+0.0011%	1h	1,363.2	+0.078%	$14K	$469K	10x	as long as short
GRVT SKHYNIX_USDT_Perp	+0.0012%	4h	1,363.4	+0.093%	$99K	$215K	10x	as long as short
tradeXYZ xyz:SKHX	+0.0050%	1h	1,363.2	+0.078%	$293.7M	$251.9M	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0050%	1h	1,363	+0.063%	$257K	$1.0M	10x	as long as short
SoDEX SKHX-USD	+0.0050%	1h	1,362.9	+0.054%	$725	$8K	10x	as long as short
Pacifica SKHYNIX	+0.0100%	1h	1,363	+0.064%	$103K	$430K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,362.8	+0.046%	$5.0M	$8.2M	20x	as long as short
ApeX Omni SKHYNIXUSDTshort	+0.0100%	1h	1,366.1	+0.291%	$142K	$259K	50x
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,363.8	+0.123%	$5K	$858	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,363.5	+0.097%	$32K	—	10x	as long as short
Aftermath Perps SKHYNIXUSD	+0.0194%	1h	1,364.6	+0.184%	$712	$37K	5x	as long as short
Bitget SKHYNIXUSDT	+0.0222%	4h	1,363.2	+0.076%	$22.5M	$32.6M	20x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0335%	8h	1,362.6	+0.034%	$53.1M	$127.7M	50x	as long as short