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+0.0837%/8h= +91.6% APRnext payment +$4.18 per $10,000 · paid last 24h +0.172%
Price spread now: Binance against edgeX−0.049%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$200.201% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.407%−$41 on $10k
Price spread, last 7 days+0.101%+$10 · spread now −0.049%, 7d avg +0.037%
Together, before fees−0.306%+ Points / potential airdropedgeX: Active · farm board−$31 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.086% cheaper against edgeX than usual: you would sell low and buy high (spread −0.049% now, against its 7-day average of +0.037%). If the spread goes back, that is −$9 on $10k: about 8 hours of funding at the current rate (+$25 a day). Mind the row above: over the last 7 days funding on this pair cost −0.407%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.407% in total (about -21.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.18 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SKHYNIXUSDC1,409.1−0.0837get 0.0418% / 4h14m 57s$3.5M$374K10x
ShortBinance SKHYNIXUSDT1,408.40get 0.0000% / 4h14m 57s$348.9M$754.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against edgeX. 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
$175.69
Price spread: −0.049% → +0.037%
−$8.57
Slippage, 4 orders
−$1.14
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Binance: 5 bp × 2 orders
−$10
Net
$146.98
Costs to cover
0.201%
Break-even
1.1 days
Slippage from edgeX: live order book, 4 min ago; Binance: live order book, 14 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 edgeX live order book, 4 min ago0.46 bp5.0 bp −$55.7 bp −$5756.0 bp −$5,600doesn't fit
Sell Binance live order book, 14 min ago0.04 bp5.1 bp −$56.9 bp −$6913.4 bp −$1,340doesn'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 SKHYNIXUSDClong−0.0837%4h1,409.1long leg$3.5M$374K10x
Aster SKHYNIXUSD10.0000%4h1,408−0.076%$18.8M$39.8M20xas long as short
Extended SKHYNIX-USD0.0000%1h1,408.1−0.070%$2.4M$71K10xas long as short
Binance SKHYNIXUSDTshort0.0000%4h1,408.4−0.049%$348.9M$754.4M50x
Bybit SKHYNIXUSDT0.0000%8h1,409−0.003%$20.5M$31.7M100xas long as short
Gate SKHYNIX_USDT0.0000%4h1,409.2+0.009%$143.3M$65.1M75xas long as short
GRVT SKHYNIX_USDT_Perp0.0000%4h1,409.7+0.046%$101K$199K10xas long as short
SunX SKHYNIX-USDT0.0000%4h1,407.7−0.099%$963$608K10xas long as short
HTX SKHYNIX-USDT0.0000%4h1,408.3−0.057%$1.3M$2.4M50xas long as short
Phemex SKHYNIXUSDT0.0000%8h1,409.2+0.010%$1.2M$768K10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SKHYNIX-USDT+0.0002%4h1,407.9−0.081%$2.7M$4.1M50xas long as short
SoDEX SKHX-USD+0.0050%1h1,408.2−0.065%$749$8K10xas long as short
tradeXYZ xyz:SKHX+0.0050%1h1,407.9−0.084%$316.1M$210.3M10xas long as short
Bullet SKHYNIX-USD+0.0073%1h1,408.1−0.070%$14K$469K10xas long as short
Polymarket Perps SKHYNIX-USD+0.0082%1h1,408.1−0.069%$276K$1.0M10xas long as short
Pacifica SKHYNIX+0.0100%1h1,407.6−0.101%$127K$385K10xas long as short
KuCoin SKHYNIXUSDTM+0.0100%4h1,407.8−0.088%$5.2M$8.0M20xas long as short
ApeX Omni SKHYNIXUSDT+0.0100%1h1,409.4+0.021%$147K$260K50xas long as short
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,407.4−0.119%$5K$79810xas long as short
Aevo SKHX-PERP+0.0104%1h1,409−0.008%$33K10xas long as short
Bitget SKHYNIXUSDT+0.0232%4h1,408.6−0.033%$23.3M$26.3M20xas long as short
Aftermath Perps SKHYNIXUSD+0.0271%1h1,408.6−0.036%$672$37K5xas long as short
OKX SKHYNIX-USDT-SWAP+0.0355%8h1,408.9−0.013%$55.8M$114.5M50xas long as short