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

SKHYNIX

RWAall SKHYNIX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0082%/8h= +9.0% APRpaid last 24h −0.057%
Price spread now: Polymarket Perps against BloFin−0.142%45s7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$270.271% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.109%+$11 on $10k
Price spread, last 4 days (all we have)+0.169%+$17 · spread now −0.142%, 7d avg −0.007%
Together, before fees+0.278%+$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. Polymarket Perps is 0.135% cheaper against BloFin than usual: you would sell low and buy high (spread −0.142% now, against its 7-day average of −0.007%). If the spread goes back, that is −$13 on $10k: about 5.5 days of funding at the current rate (+$2 a day). The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SKHYNIX-USDT1,352.4−0.0032get 0.0016% / 4h1h 18m$2.5M$4.0M50x
ShortPolymarket Perps SKHYNIX-USD1,350.50.0050get 0.0006% / 1h18m 13s$255K$982K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$17.17
Price spread: −0.142% → −0.007%
−$13.47
Slippage, 4 orders
−$7.15
Fee BloFin: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$23.44
Costs to cover
0.271%
Break-even
16.6 days
Slippage from BloFin: live order book, 5 min ago; Polymarket Perps: live order book, 5 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, 5 min ago0.11 bp8.5 bp −$810.2 bp −$102doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 5 min ago1.84 bp5.8 bp −$65.8 bp −$589.3 bp −$935doesn'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−0.0813%4h1,355.7+0.239%$3.3M$429K10xas long as short
BloFin SKHYNIX-USDTlong−0.0032%4h1,352.4long leg$2.5M$4.0M50x
Aster SKHYNIXUSD10.0000%4h1,354.4+0.147%$18.3M$36.4M20xas long as short
Extended SKHYNIX-USD0.0000%1h1,352.2−0.016%$2.3M$78K10xas long as short
Binance SKHYNIXUSDT0.0000%4h1,352.6+0.012%$325.6M$926.0M50xas long as short
Bybit SKHYNIXUSDT0.0000%8h1,352.4−0.001%$19.3M$30.6M100xas long as short
Gate SKHYNIX_USDT0.0000%4h1,353.5+0.081%$142.6M$76.0M75xas long as short
GRVT SKHYNIX_USDT_Perp0.0000%4h1,355.8+0.248%$98K$216K10xas long as short
Bullet SKHYNIX-USD0.0000%1h1,352.5+0.003%$13K$470K10xas long as short
SunX SKHYNIX-USDT0.0000%4h1,355.8+0.246%$792$492K10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SKHYNIX-USDT0.0000%4h1,353.2+0.059%$1.2M$2.5M50xas long as short
Phemex SKHYNIXUSDT0.0000%8h1,353.3+0.062%$1.2M$778K10xas long as short
Aftermath Perps SKHYNIXUSD+0.0008%1h1,353.1+0.049%$657$37K5xas long as short
tradeXYZ xyz:SKHX+0.0050%1h1,349.7−0.201%$291.8M$257.6M10xas long as short
Polymarket Perps SKHYNIX-USDshort+0.0050%1h1,350.5−0.142%$255K$982K10x
SoDEX SKHX-USD+0.0050%1h1,350.9−0.112%$719$8K10xas long as short
Pacifica SKHYNIX+0.0100%1h1,352.4−0.001%$103K$427K10xas long as short
KuCoin SKHYNIXUSDTM+0.0100%4h1,353.3+0.064%$5.0M$8.1M20xas long as short
ApeX Omni SKHYNIXUSDT+0.0100%1h1,355.1+0.199%$141K$259K50xas long as short
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,355.1+0.195%$4K$85810xas long as short
Aevo SKHX-PERP+0.0104%1h1,351.2−0.088%$32K10xas long as short
Bitget SKHYNIXUSDT+0.0136%4h1,353+0.039%$22.5M$33.2M20xas long as short
OKX SKHYNIX-USDT-SWAP+0.0263%8h1,353.1+0.050%$52.5M$129.9M50xas long as short