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+0.0709%/8h= +77.6% APRpaid last 24h +0.149%
Price spread now: OKX against edgeX+0.144%7-day average +0.040% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs−$11as in the Price arb table
costs, in and out, $10k−$220.215% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.425%−$43 on $10k
Price spread, last 7 days−0.150%−$15 · spread now +0.144%, 7d avg +0.040%
Together, before fees−0.575%+ Points / potential airdropedgeX: Active · farm board−$57 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and OKX is 0.104% dearer against edgeX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.040%. Mind the row above: over the last 7 days funding on this pair cost −0.425%, 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 -0.425% in total (about -22.2% 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
LongedgeX SKHYNIXUSDC1,407.7−0.0350get 0.0175% / 4h12m 54s$3.5M$375K10x
ShortOKX SKHYNIX-USDT-SWAP1,409.70.0359get 0.0359% / 8h4h 12m$55.8M$114.5M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$148.88
Price spread: +0.144% → +0.040%
$10.41
Slippage, 4 orders
−$2.54
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
$137.75
Costs to cover
0.215%
Break-even
0.5 days
Slippage from edgeX: live order book, 1 min ago; OKX: live order book, 1 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, 1 min ago0.21 bp4.7 bp −$55.4 bp −$5452.3 bp −$5,234doesn't fit
Sell OKX live order book, 1 min ago0.35 bp5.4 bp −$56.4 bp −$6420.5 bp −$2,053doesn'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−0.0350%4h1,407.7long leg$3.5M$375K10x
BloFin SKHYNIX-USDT−0.0058%4h1,409+0.095%$2.7M$4.1M50xas long as short
Aster SKHYNIXUSD10.0000%4h1,409.5+0.130%$18.8M$39.8M20xas long as short
Extended SKHYNIX-USD0.0000%1h1,408.7+0.073%$2.4M$71K10xas long as short
Binance SKHYNIXUSDT0.0000%4h1,409.2+0.108%$349.1M$754.7M50xas long as short
Bybit SKHYNIXUSDT0.0000%8h1,409.8+0.154%$20.5M$31.7M100xas long as short
Gate SKHYNIX_USDT0.0000%4h1,410.1+0.170%$143.3M$65.2M75xas long as short
GRVT SKHYNIX_USDT_Perp0.0000%4h1,408.9+0.089%$101K$200K10xas long as short
SunX SKHYNIX-USDT0.0000%4h1,409.6+0.140%$1K$608K10xas long as short
HTX SKHYNIX-USDT0.0000%4h1,408.3+0.043%$1.3M$2.4M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex SKHYNIXUSDT0.0000%8h1,409.8+0.148%$1.2M$768K10xas long as short
SoDEX SKHX-USD+0.0050%1h1,409.2+0.112%$750$8K10xas long as short
tradeXYZ xyz:SKHX+0.0055%1h1,408.8+0.080%$315.6M$210.9M10xas long as short
Bullet SKHYNIX-USD+0.0080%1h1,409.6+0.138%$14K$470K10xas long as short
Polymarket Perps SKHYNIX-USD+0.0089%1h1,409.6+0.137%$276K$1.0M10xas long as short
Pacifica SKHYNIX+0.0100%1h1,409.3+0.116%$127K$385K10xas long as short
KuCoin SKHYNIXUSDTM+0.0100%4h1,408.7+0.074%$5.2M$8.0M20xas long as short
ApeX Omni SKHYNIXUSDT+0.0100%1h1,408.1+0.032%$147K$260K50xas long as short
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,409.4+0.124%$5K$79810xas long as short
Aevo SKHX-PERP+0.0104%1h1,410+0.167%$33K10xas long as short
Bitget SKHYNIXUSDT+0.0234%4h1,409.6+0.135%$23.3M$26.3M20xas long as short
Aftermath Perps SKHYNIXUSD+0.0270%1h1,408.9+0.087%$672$38K5xas long as short
OKX SKHYNIX-USDT-SWAPshort+0.0359%8h1,409.7+0.144%$55.8M$114.5M50x