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

SKHYNIX

RWAall SKHYNIX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0392%/8h= +42.9% APRpaid last 24h +0.045%
Price spread now: Extended against GRVT+0.587%52s7-day average −0.059% · you sell dearer than you buy
Net, funding: paid 7d − costs−$13as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$180.180% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.046%+$5 on $10k
Price spread, last 3 days (all we have)−0.670%−$67 · spread now +0.587%, 7d avg −0.059%
Together, before fees−0.625%+ Points / potential airdropGRVT: Active · Extended: Active · farm board−$62 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Extended is 0.646% dearer against GRVT than usual: you sell high and buy low: +$65 more if the spread goes back to its 7-day average of −0.059%. The two prices were read 52 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 7 days it paid 0.046% in total (about 2.4% 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
LongGRVT SKHYNIX_USDT_Perp1,408.50get 0.0000% / 4h3h 26m$107K$198K10x
ShortExtended SKHYNIX-USD1,416.80.0392get 0.0049% / 1h26m 25s$2.4M$189K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against GRVT. 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
$82.32
Price spread: +0.587% → −0.059%
$64.59
Slippage, 4 orders
−$3.99
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Extended: 2.5 bp × 2 orders
−$5
Net
$128.92
Costs to cover
0.180%
Break-even
from the start
Slippage from GRVT: live order book, 46 min ago; Extended: live order book, 2 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 GRVT live order book, 46 min ago0.72 bp6.5 bp −$79.9 bp −$99doesn't fitdoesn't fit
Sell Extended live order book, 2 min ago0.04 bp2.8 bp −$36.0 bp −$60doesn'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
Bybit SKHYNIXUSDT0.0000%8h1,417.1+0.606%$20.7M$33.4M100xas long as short
Gate SKHYNIX_USDT0.0000%4h1,417.3+0.622%$144.3M$63.9M75xas long as short
GRVT SKHYNIX_USDT_Perplong0.0000%4h1,408.5long leg$107K$198K10x
Bullet SKHYNIX-USD0.0000%1h1,415.9+0.527%$15K$467K10xas long as short
SunX SKHYNIX-USDT0.0000%4h1,415.7+0.509%$1K$759K10xas long as short
HTX SKHYNIX-USDT0.0000%4h1,417+0.602%$1.3M$2.2M50xas long as short
Phemex SKHYNIXUSDT0.0000%8h1,416.2+0.544%$1.2M$769K10xas long as short
Polymarket Perps SKHYNIX-USD+0.0050%1h1,416.4+0.559%$295K$945K10xas long as short
SoDEX SKHX-USD+0.0050%1h1,416.4+0.559%$754$8K10xas long as short
ApeX Omni SKHYNIXUSDT+0.0100%1h1,413.3+0.338%$147K$262K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,416.7+0.580%$5K$79810xas long as short
Aevo SKHX-PERP+0.0104%1h1,417.3+0.622%$33K10xas long as short
tradeXYZ xyz:SKHX+0.0122%1h1,416.5+0.567%$336.8M$190.3M10xas long as short
KuCoin SKHYNIXUSDTM+0.0206%4h1,416.4+0.561%$5.2M$8.2M20xas long as short
Aster SKHYNIXUSD1+0.0237%4h1,417.6+0.647%$18.9M$42.2M20xas long as short
edgeX SKHYNIXUSDC+0.0261%4h1,409.6+0.079%$3.5M$443K10xas long as short
OKX SKHYNIX-USDT-SWAP+0.0305%8h1,417+0.602%$53.9M$109.2M50xas long as short
Bitget SKHYNIXUSDT+0.0316%4h1,416.9+0.592%$24.4M$25.5M20xas long as short
BloFin SKHYNIX-USDT+0.0349%4h1,416.6+0.571%$2.5M$4.2M50xas long as short
Binance SKHYNIXUSDT+0.0386%4h1,416.2+0.543%$353.9M$736.0M50xas long as short
Extended SKHYNIX-USDshort+0.0392%1h1,416.8+0.587%$2.4M$189K10x
Pacifica SKHYNIX+0.0467%1h1,417.4+0.633%$140K$380K10xas long as short
Aftermath Perps SKHYNIXUSD+0.3141%1h1,411.6+0.217%$703$39K5xas long as short