Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.008%

Price spread now: ApeX Omni against HTX+0.151%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$12as in the Funding arb table

Net, price: spread back to 7d avg − costs−$26as in the Price arb table

costs, in and out, $10k−$400.400% of the position

Long on HTX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.275%+$28 on $10k

Price spread, last 4 days (all we have)−0.109%−$11 · spread now +0.151%, 7d avg +0.007%

Together, before fees+0.166%+$17 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.144% dearer against HTX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.007%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SKHYNIX-USDT	1,384.6	0	get 0.0000% / 4h	3h 18m	$1.3M	$2.4M	50x
Short	ApeX Omni SKHYNIXUSDT	1,386.7	0.0100	get 0.0013% / 1h	18m 58s	$145K	$260K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee ApeX OmnibpOrdersPrice spread, now +0.151%Rate

Funding earned: $21
Price spread: +0.151% → +0.007%: $14.44
Slippage, 4 orders: −$17.99
Fee HTX: 6 bp × 2 orders: −$12
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$4.54
Costs to cover: 0.400%
Break-even: 8.5 days

Slippage from HTX: live order book, 5 min ago; ApeX Omni: live order book, 33 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 5 min ago	0.40 bp	6.7 bp −$7	6.8 bp −$68	17.2 bp −$1,723	doesn't fit
Sell ApeX Omni live order book, 33 min ago	6.75 bp	11.8 bp −$12	33.4 bp −$334	doesn't fit	doesn't fit

SKHYNIX on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX SKHYNIXUSDC	−0.0063%	4h	1,386	+0.099%	$3.4M	$391K	10x	as long as short
Aster SKHYNIXUSD1	0.0000%	4h	1,382.6	−0.147%	$18.7M	$38.6M	20x	as long as short
Extended SKHYNIX-USD	0.0000%	1h	1,381.6	−0.220%	$2.4M	$71K	10x	as long as short
Binance SKHYNIXUSDT	0.0000%	4h	1,382	−0.189%	$342.8M	$793.7M	50x	as long as short
Bybit SKHYNIXUSDT	0.0000%	8h	1,383.1	−0.111%	$20.1M	$31.6M	100x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,384.3	−0.027%	$141.0M	$70.5M	75x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,386	+0.100%	$100K	$207K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,383.8	−0.064%	$1K	$579K	10x	as long as short
HTX SKHYNIX-USDTlong	0.0000%	4h	1,384.6	long leg	$1.3M	$2.4M	50x
Phemex SKHYNIXUSDT	0.0000%	8h	1,384	−0.045%	$1.2M	$774K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bullet SKHYNIX-USD	+0.0016%	1h	1,383.7	−0.066%	$14K	$468K	10x	as long as short
BloFin SKHYNIX-USDT	+0.0049%	4h	1,384	−0.046%	$2.6M	$4.1M	50x	as long as short
tradeXYZ xyz:SKHX	+0.0050%	1h	1,382.6	−0.147%	$302.4M	$228.6M	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0050%	1h	1,384	−0.046%	$267K	$997K	10x	as long as short
SoDEX SKHX-USD	+0.0050%	1h	1,383.7	−0.071%	$736	$8K	10x	as long as short
Pacifica SKHYNIX	+0.0100%	1h	1,383.3	−0.094%	$108K	$408K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,383.1	−0.115%	$5.1M	$8.0M	20x	as long as short
ApeX Omni SKHYNIXUSDTshort	+0.0100%	1h	1,386.7	+0.151%	$145K	$260K	50x
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,383.2	−0.103%	$5K	$858	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,384.2	−0.035%	$32K	—	10x	as long as short
Aftermath Perps SKHYNIXUSD	+0.0169%	1h	1,384.7	+0.002%	$660	$37K	5x	as long as short
Bitget SKHYNIXUSDT	+0.0182%	4h	1,382.5	−0.154%	$22.7M	$28.1M	20x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0384%	8h	1,382.3	−0.169%	$54.1M	$114.9M	50x	as long as short