Settings8H · net · $10k
Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0277%/8h= +30.3% APRnext payment +$1.39 per $10,000 · paid last 24h −0.002%
Price spread now: Bitget against BloFin−0.046%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$270.274% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.014%+$1 on $10k
Price spread, last 4 days (all we have)+0.174%+$17 · spread now −0.046%, 7d avg +0.034%
Together, before fees+0.189%+$19 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.080% cheaper against BloFin than usual: you would sell low and buy high (spread −0.046% now, against its 7-day average of +0.034%). If the spread goes back, that is −$8 on $10k: about 23 hours of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.014% in total) that is about 39 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.014% in total (about 0.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.39 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SKHYNIX-USDT1,409.1−0.0047get 0.0024% / 4h16m 44s$2.7M$4.1M50x
ShortBitget SKHYNIXUSDT1,408.50.0230get 0.0115% / 4h16m 44s$23.3M$26.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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

Funding earned
$58.17
Price spread: −0.046% → +0.034%
−$7.97
Slippage, 4 orders
−$3.38
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
$22.82
Costs to cover
0.274%
Break-even
4.3 days
Slippage from BloFin: live order book, 2 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 2 min ago0.04 bp6.3 bp −$67.0 bp −$7012.3 bp −$1,233doesn't fit
Sell Bitget live order book, 2 min ago0.32 bp8.1 bp −$815.0 bp −$15019.9 bp −$1,987doesn't fit

SKHYNIX on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SKHYNIXUSDC−0.0238%4h1,410.7+0.112%$3.5M$374K10xas long as short
BloFin SKHYNIX-USDTlong−0.0047%4h1,409.1long leg$2.7M$4.1M50x
Aster SKHYNIXUSD10.0000%4h1,408.8−0.021%$18.8M$39.8M20xas long as short
Extended SKHYNIX-USD0.0000%1h1,407.8−0.094%$2.4M$71K10xas long as short
Binance SKHYNIXUSDT0.0000%4h1,408.2−0.066%$348.9M$752.3M50xas long as short
Bybit SKHYNIXUSDT0.0000%8h1,408.8−0.025%$20.5M$31.7M100xas long as short
Gate SKHYNIX_USDT0.0000%4h1,409−0.011%$143.2M$65.0M75xas long as short
GRVT SKHYNIX_USDT_Perp0.0000%4h1,410.6+0.110%$101K$199K10xas long as short
SunX SKHYNIX-USDT0.0000%4h1,409.6+0.033%$964$608K10xas long as short
HTX SKHYNIX-USDT0.0000%4h1,413+0.275%$1.3M$2.4M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex SKHYNIXUSDT0.0000%8h1,409.6+0.038%$1.2M$767K10xas long as short
tradeXYZ xyz:SKHX+0.0050%1h1,408.1−0.071%$316.1M$209.4M10xas long as short
SoDEX SKHX-USD+0.0050%1h1,409.2+0.005%$750$8K10xas long as short
Bullet SKHYNIX-USD+0.0062%1h1,409.4+0.023%$14K$469K10xas long as short
Polymarket Perps SKHYNIX-USD+0.0071%1h1,409−0.007%$276K$1.0M10xas long as short
Pacifica SKHYNIX+0.0100%1h1,408.3−0.057%$127K$385K10xas long as short
KuCoin SKHYNIXUSDTM+0.0100%4h1,407.6−0.107%$5.2M$8.0M20xas long as short
ApeX Omni SKHYNIXUSDT+0.0100%1h1,410.9+0.126%$147K$260K50xas long as short
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,408.9−0.015%$5K$79810xas long as short
Aevo SKHX-PERP+0.0104%1h1,409.9+0.054%$33K10xas long as short
Bitget SKHYNIXUSDTshort+0.0230%4h1,408.5−0.046%$23.3M$26.3M20x
Aftermath Perps SKHYNIXUSD+0.0271%1h1,409.6+0.037%$672$38K5xas long as short
OKX SKHYNIX-USDT-SWAP+0.0351%8h1,408.7−0.028%$55.8M$114.4M50xas long as short