Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0077%/8h= +8.5% APRpaid last 24h −0.059%

Price spread now: tradeXYZ against BloFin+0.001%68s7-day average −0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$34as 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−$330.326% of the position

Long on BloFin Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.013%−$1 on $10k

Price spread, last 4 days (all we have)+0.034%+$3 · spread now +0.001%, 7d avg −0.001%

Together, before fees+0.021%+ Points / potential airdroptradeXYZ: Active · farm board+$2 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 68 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	BloFin SKHYNIX-USDT	1,410.3	−0.0027	get 0.0014% / 4h	33m 54s	$2.7M	$4.1M	50x
Short	tradeXYZ xyz:SKHX	1,410.3	0.0050	get 0.0006% / 1h	33m 54s	$317.4M	$208.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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 tradeXYZbpOrdersPrice spread, now +0.001%Rate

Funding earned: $16.24
Price spread: +0.001% → −0.001%: $0.26
Slippage, 4 orders: −$2.58
Fee BloFin: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$16.08
Costs to cover: 0.326%
Break-even: 13.9 days

Slippage from BloFin: live order book, 5 min ago; tradeXYZ: live order book, 6 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, 5 min ago	0.04 bp	6.0 bp −$6	7.0 bp −$70	11.5 bp −$1,153	doesn't fit
Sell tradeXYZ live order book, 6 min ago	0.35 bp	9.4 bp −$9	10.0 bp −$100	15.2 bp −$1,521	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	−0.0123%	4h	1,410.4	+0.010%	$3.5M	$373K	10x	as long as short
BloFin SKHYNIX-USDTlong	−0.0027%	4h	1,410.3	long leg	$2.7M	$4.1M	50x
Aster SKHYNIXUSD1	0.0000%	4h	1,410.7	+0.032%	$18.8M	$39.8M	20x	as long as short
Extended SKHYNIX-USD	0.0000%	1h	1,410.6	+0.024%	$2.4M	$71K	10x	as long as short
Binance SKHYNIXUSDT	0.0000%	4h	1,410.9	+0.042%	$349.7M	$751.1M	50x	as long as short
Bybit SKHYNIXUSDT	0.0000%	8h	1,411.5	+0.089%	$20.5M	$31.9M	100x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,412.1	+0.128%	$143.3M	$64.5M	75x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,410.7	+0.032%	$102K	$198K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,409.7	−0.043%	$1K	$617K	10x	as long as short
HTX SKHYNIX-USDT	0.0000%	4h	1,410.3	+0.001%	$1.3M	$2.4M	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex SKHYNIXUSDT	0.0000%	8h	1,411.6	+0.094%	$1.2M	$766K	10x	as long as short
Bullet SKHYNIX-USD	+0.0021%	1h	1,410.3	+0.001%	$14K	$470K	10x	as long as short
tradeXYZ xyz:SKHXshort	+0.0050%	1h	1,410.3	+0.001%	$317.4M	$208.4M	10x
Polymarket Perps SKHYNIX-USD	+0.0050%	1h	1,410.3	+0.001%	$276K	$1.0M	10x	as long as short
SoDEX SKHX-USD	+0.0050%	1h	1,410.8	+0.033%	$751	$8K	10x	as long as short
Pacifica SKHYNIX	+0.0100%	1h	1,410.1	−0.013%	$128K	$386K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,410.7	+0.033%	$5.2M	$8.1M	20x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,410.8	+0.037%	$147K	$260K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,410.9	+0.040%	$5K	$798	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,411.6	+0.093%	$33K	—	10x	as long as short
Bitget SKHYNIXUSDT	+0.0246%	4h	1,411.5	+0.085%	$23.4M	$26.1M	20x	as long as short
Aftermath Perps SKHYNIXUSD	+0.0305%	1h	1,410	−0.023%	$672	$38K	5x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0339%	8h	1,411.6	+0.094%	$56.0M	$114.4M	50x	as long as short