Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.072%

Price spread now: Binance against Bybit−0.065%7-day average −0.001% · you buy dearer than you sell

Net, funding: paid 7d − costs+$5as in the Funding arb table

Net, price: spread back to 7d avg − costs−$30as in the Price arb table

costs, in and out, $10k−$230.233% of the position

Long on Bybit Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.281%+$28 on $10k

Price spread, last 7 days+0.107%+$11 · spread now −0.065%, 7d avg −0.001%

Together, before fees+0.388%+$39 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.064% cheaper against Bybit than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SKHYNIXUSDT	1,412.5	0	get 0.0000% / 8h	5h 05m	$20.5M	$32.7M	100x
Short	Binance SKHYNIXUSDT	1,411.5	0	get 0.0000% / 4h	1h 05m	$350.8M	$752.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bybit. 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 BybitbpFee BinancebpOrdersPrice spread, now −0.065%Rate

Funding earned: $0
Price spread: −0.065% → −0.001%: −$6.43
Slippage, 4 orders: −$2.34
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Binance: 5 bp × 2 orders: −$10
Net: −$29.76
Costs to cover: 0.233%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 8 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 Bybit live order book, 3 min ago	0.04 bp	6.2 bp −$6	9.9 bp −$99	53.5 bp −$5,351	doesn't fit
Sell Binance live order book, 8 min ago	0.04 bp	5.7 bp −$6	7.4 bp −$74	15.0 bp −$1,500	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	−0.0360%	4h	1,409.1	−0.237%	$3.5M	$393K	10x	as long as short
BloFin SKHYNIX-USDT	−0.0052%	4h	1,410.1	−0.164%	$2.7M	$4.1M	50x	as long as short
Aster SKHYNIXUSD1	0.0000%	4h	1,411.7	−0.051%	$18.9M	$39.8M	20x	as long as short
Extended SKHYNIX-USD	0.0000%	1h	1,411.1	−0.095%	$2.4M	$71K	10x	as long as short
Binance SKHYNIXUSDTshort	0.0000%	4h	1,411.5	−0.065%	$350.8M	$752.1M	50x
Bybit SKHYNIXUSDTlong	0.0000%	8h	1,412.5	long leg	$20.5M	$32.7M	100x
Gate SKHYNIX_USDT	0.0000%	4h	1,412.5	+0.006%	$144.1M	$65.0M	75x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,409.8	−0.188%	$101K	$195K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,409.7	−0.194%	$871	$634K	10x	as long as short
HTX SKHYNIX-USDT	0.0000%	4h	1,411.5	−0.065%	$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	−0.059%	$1.2M	$768K	10x	as long as short
SoDEX SKHX-USD	+0.0050%	1h	1,411.2	−0.089%	$751	$8K	10x	as long as short
Pacifica SKHYNIX	+0.0100%	1h	1,411.7	−0.054%	$127K	$385K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,411.5	−0.066%	$5.2M	$8.0M	20x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,409.7	−0.197%	$147K	$261K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,411	−0.101%	$5K	$798	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,411.7	−0.055%	$33K	—	10x	as long as short
tradeXYZ xyz:SKHX	+0.0114%	1h	1,410.9	−0.110%	$318.2M	$205.2M	10x	as long as short
Bullet SKHYNIX-USD	+0.0151%	1h	1,411.2	−0.089%	$14K	$469K	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0171%	1h	1,411.2	−0.089%	$276K	$1.0M	10x	as long as short
Bitget SKHYNIXUSDT	+0.0306%	4h	1,412.3	−0.008%	$23.5M	$26.0M	20x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0337%	8h	1,412.4	−0.004%	$56.2M	$114.7M	50x	as long as short
Aftermath Perps SKHYNIXUSD	+0.0440%	1h	1,409.9	−0.184%	$672	$38K	5x	as long as short