Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0212%/8h= −23.2% APRpaid last 24h −0.105%

Price spread now: edgeX against Bullet−0.006%7-day average −0.011% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$460.459% of the position

Long on Bullet Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.051%−$5 on $10k

Price spread, last 3 days (all we have)−0.049%−$5 · spread now −0.006%, 7d avg −0.011%

Together, before fees−0.100%+ Points / potential airdropedgeX: Active · farm board−$10 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.011%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.051% in total (about -5.9% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet SKHYNIX-USD	1,383.5	0	get 0.0000% / 1h	15m 27s	$15K	$467K	10x
Short	edgeX SKHYNIXUSDC	1,383.4	−0.0212	pay 0.0106% / 4h	15m 27s	$3.4M	$432K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Bullet. 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 BulletbpFee edgeXbpOrdersPrice spread, now −0.006%Rate

Funding earned: −$44.47
Price spread: −0.006% → −0.011%: $0.5
Slippage, 4 orders: −$28.91
Fee Bullet: 4 bp × 2 orders: −$8
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$89.89
Costs to cover: 0.459%
Break-even: never at this rate

Slippage from Bullet: live order book, 64 min ago; edgeX: live order book, 4 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 Bullet live order book, 64 min ago	1.45 bp	8.4 bp −$8	20.6 bp −$206	doesn't fit	doesn't fit
Sell edgeX live order book, 4 min ago	10.08 bp	15.1 bp −$15	26.7 bp −$267	82.7 bp −$8,267	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 SKHYNIXUSDCshort	−0.0212%	4h	1,383.4	−0.006%	$3.4M	$432K	10x
Bullet SKHYNIX-USDlong	0.0000%	1h	1,383.5	long leg	$15K	$467K	10x
SunX SKHYNIX-USDT	0.0000%	4h	1,383.7	+0.014%	$1K	$892K	10x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,383.7	+0.014%	$1.2M	$769K	10x	as long as short
SoDEX SKHX-USD	+0.0030%	1h	1,384.3	+0.053%	$736	$8K	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0050%	1h	1,384.4	+0.064%	$277K	$1.6M	10x	as long as short
tradeXYZ xyz:SKHX	+0.0062%	1h	1,385	+0.108%	$346.4M	$186.8M	10x	as long as short
Aster SKHYNIXUSD1	+0.0088%	4h	1,382.6	−0.068%	$18.4M	$42.8M	20x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,384.1	+0.043%	$144K	$263K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,383.1	−0.028%	$5K	$1K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo SKHX-PERP	+0.0104%	1h	1,385.1	+0.113%	$32K	—	10x	as long as short
Bitget SKHYNIXUSDT	+0.0120%	4h	1,383.5	+0.002%	$24.1M	$26.7M	20x	as long as short
Gate SKHYNIX_USDT	+0.0128%	4h	1,384.3	+0.055%	$136.9M	$73.5M	75x	as long as short
HTX SKHYNIX-USDT	+0.0164%	4h	1,384.1	+0.043%	$1.2M	$2.2M	50x	as long as short
KuCoin SKHYNIXUSDTM	+0.0190%	4h	1,382.8	−0.051%	$5.1M	$8.2M	20x	as long as short
BloFin SKHYNIX-USDT	+0.0285%	4h	1,383.5	+0.002%	$2.5M	$4.1M	50x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0292%	8h	1,384	+0.035%	$52.5M	$112.7M	50x	as long as short
Extended SKHYNIX-USD	+0.0304%	1h	1,382.3	−0.085%	$2.4M	$225K	10x	as long as short
Bybit SKHYNIXUSDT	+0.0305%	8h	1,384.2	+0.048%	$20.4M	$36.4M	100x	as long as short
Binance SKHYNIXUSDT	+0.0311%	4h	1,383	−0.040%	$352.9M	$738.9M	50x	as long as short
GRVT SKHYNIX_USDT_Perp	+0.0442%	4h	1,384	+0.033%	$105K	$208K	10x	as long as short
Pacifica SKHYNIX	+0.0621%	1h	1,383.4	−0.008%	$148K	$407K	10x	as long as short
Aftermath Perps SKHYNIXUSD	+0.0761%	1h	1,383.9	+0.025%	$674	$39K	5x	as long as short