Settings8H · net · $10k
Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.1318%/8h= +144.3% APRpaid last 24h +0.113%
Price spread now: Bullet against edgeX+0.047%53s7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$430.428% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.077%+$8 on $10k
Price spread, last 4 days (all we have)+0.186%+$19 · spread now +0.047%, 7d avg +0.010%
Together, before fees+0.263%+ Points / potential airdropedgeX: Active · farm board+$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$40 a day on $10k at the current rate, and Bullet is 0.037% dearer against edgeX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.010%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.077% in total (about 8.0% 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
LongedgeX SKHYNIXUSDC1,349.4−0.0490get 0.0245% / 4h49m 35s$3.3M$430K10x
ShortBullet SKHYNIX-USD1,3500.0827get 0.0103% / 1h49m 35s$14K$469K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet 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
$276.69
Price spread: +0.047% → +0.010%
$3.74
Slippage, 4 orders
−$25.81
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bullet: 4 bp × 2 orders
−$8
Net
$237.63
Costs to cover
0.428%
Break-even
1.0 days
Slippage from edgeX: live order book, 4 min ago; Bullet: live order book, 54 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 ago10.09 bp15.0 bp −$1527.7 bp −$27783.1 bp −$8,313doesn't fit
Sell Bullet live order book, 54 min ago0.74 bp6.6 bp −$720.5 bp −$205doesn't fitdoesn'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−0.0490%4h1,349.4long leg$3.3M$430K10x
Aftermath Perps SKHYNIXUSD−0.0057%1h1,349.2−0.014%$683$36K5xas long as short
BloFin SKHYNIX-USDT−0.0020%4h1,349.7+0.023%$2.5M$4.0M50xas long as short
Aster SKHYNIXUSD10.0000%4h1,350.3+0.070%$18.3M$33.4M20xas long as short
Extended SKHYNIX-USD0.0000%1h1,349.9+0.042%$2.3M$78K10xas long as short
Binance SKHYNIXUSDT0.0000%4h1,350.8+0.108%$327.8M$943.8M50xas long as short
Bybit SKHYNIXUSDT0.0000%8h1,350.6+0.090%$19.1M$30.9M100xas long as short
Gate SKHYNIX_USDT0.0000%4h1,351.3+0.143%$140.4M$76.6M75xas long as short
Bitget SKHYNIXUSDT0.0000%4h1,351.3+0.140%$21.8M$34.2M20xas long as short
GRVT SKHYNIX_USDT_Perp0.0000%4h1,349.9+0.038%$98K$219K10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHYNIX-USDT0.0000%4h1,350+0.046%$1K$481K10xas long as short
HTX SKHYNIX-USDT0.0000%4h1,350.5+0.081%$1.3M$2.5M50xas long as short
Phemex SKHYNIXUSDT0.0000%8h1,350.7+0.097%$1.2M$777K10xas long as short
ApeX Omni SKHYNIXUSDT+0.0088%1h1,350.2+0.062%$141K$259K50xas long as short
Pacifica SKHYNIX+0.0100%1h1,350.5+0.084%$102K$433K10xas long as short
KuCoin SKHYNIXUSDTM+0.0100%4h1,350.3+0.066%$5.0M$8.2M20xas long as short
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,350.1+0.052%$5K$1K10xas long as short
Aevo SKHX-PERP+0.0104%1h1,349.5+0.013%$32K10xas long as short
SoDEX SKHX-USD+0.0204%1h1,348.9−0.036%$262$8K10xas long as short
OKX SKHYNIX-USDT-SWAP+0.0259%8h1,351.3+0.144%$52.2M$132.5M50xas long as short
tradeXYZ xyz:SKHX+0.0636%1h1,348.4−0.071%$295.5M$268.7M10xas long as short
Polymarket Perps SKHYNIX-USD+0.0802%1h1,349.2−0.012%$252K$984K10xas long as short
Bullet SKHYNIX-USDshort+0.0827%1h1,350+0.047%$14K$469K10x