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+0.0946%/8h= +103.6% APRpaid last 24h +0.076%
Price spread now: BloFin against Bybit−0.036%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs$0as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$290.292% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.291%+$29 on $10k
Price spread, last 3 days (all we have)+0.022%+$2 · spread now −0.036%, 7d avg −0.024%
Together, before fees+0.313%+$31 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.024%, so right now this pair is about funding alone: +$28 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.291% in total (about 15.2% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SKHYNIXUSDT1,405.9−0.0398get 0.0398% / 8h7h 52m$20.4M$36.1M100x
ShortBloFin SKHYNIX-USDT1,405.40.0549get 0.0274% / 4h3h 52m$2.5M$4.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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

Funding earned
$198.73
Price spread: −0.036% → −0.024%
−$1.2
Slippage, 4 orders
−$6.17
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
$168.35
Costs to cover
0.292%
Break-even
1.1 days
Slippage from Bybit: live order book, 1 min ago; BloFin: live order book, 6 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 Bybit live order book, 1 min ago0.43 bp9.0 bp −$910.4 bp −$10458.6 bp −$5,864doesn't fit
Sell BloFin live order book, 6 min ago0.04 bp6.0 bp −$66.4 bp −$6413.8 bp −$1,384doesn'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
Bybit SKHYNIXUSDTlong−0.0398%8h1,405.9long leg$20.4M$36.1M100x
Gate SKHYNIX_USDT0.0000%4h1,406.6+0.051%$144.2M$60.8M75xas long as short
GRVT SKHYNIX_USDT_Perp0.0000%4h1,399.7−0.438%$106K$202K10xas long as short
SunX SKHYNIX-USDT0.0000%4h1,404.6−0.093%$1K$841K10xas long as short
HTX SKHYNIX-USDT0.0000%4h1,406+0.006%$1.3M$2.2M50xas long as short
Phemex SKHYNIXUSDT0.0000%8h1,405−0.061%$1.2M$769K10xas long as short
SoDEX SKHX-USD+0.0050%1h1,405−0.059%$747$8K10xas long as short
Bullet SKHYNIX-USD+0.0067%1h1,405−0.059%$15K$468K10xas long as short
ApeX Omni SKHYNIXUSDT+0.0100%1h1,400.2−0.403%$146K$262K50xas long as short
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,405.3−0.038%$5K$79810xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo SKHX-PERP+0.0104%1h1,391.9−0.996%$33K10xas long as short
edgeX SKHYNIXUSDC+0.0116%4h1,396.2−0.689%$3.4M$430K10xas long as short
Polymarket Perps SKHYNIX-USD+0.0253%1h1,405.7−0.012%$293K$1.1M10xas long as short
KuCoin SKHYNIXUSDTM+0.0320%4h1,405.7−0.012%$5.2M$8.2M20xas long as short
OKX SKHYNIX-USDT-SWAP+0.0351%8h1,406+0.009%$53.1M$113.7M50xas long as short
Aster SKHYNIXUSD1+0.0353%4h1,405.4−0.032%$18.7M$42.9M20xas long as short
Bitget SKHYNIXUSDT+0.0360%4h1,405.9+0.001%$24.3M$26.5M20xas long as short
tradeXYZ xyz:SKHX+0.0427%1h1,405.7−0.012%$342.7M$183.4M10xas long as short
Pacifica SKHYNIX+0.0467%1h1,405−0.062%$143K$410K10xas long as short
BloFin SKHYNIX-USDTshort+0.0549%4h1,405.4−0.036%$2.5M$4.2M50x
Binance SKHYNIXUSDT+0.0550%4h1,405.3−0.043%$354.2M$754.2M50xas long as short
Extended SKHYNIX-USD+0.0560%1h1,404.4−0.102%$2.4M$209K10xas long as short
Aftermath Perps SKHYNIXUSD+0.5006%1h1,393.4−0.887%$695$39K5xas long as short