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+0.0173%/8h= +18.9% APRpaid last 24h +0.018%
Price spread now: OKX against KuCoin+0.050%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$460.461% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.076%+$8 on $10k
Price spread, last 7 days−0.071%−$7 · spread now +0.050%, 7d avg +0.020%
Together, before fees+0.006%+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and OKX is 0.030% dearer against KuCoin than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.020%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SKHYNIXUSDTM1,410.50.0100pay 0.0050% / 4h2h 33m$5.2M$8.1M20x
ShortOKX SKHYNIX-USDT-SWAP1,411.20.0273get 0.0273% / 8h6h 33m$54.2M$111.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against KuCoin. 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
$36.3
Price spread: +0.050% → +0.020%
$3.03
Slippage, 4 orders
−$24.05
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$6.72
Costs to cover
0.461%
Break-even
8.3 days
Slippage from KuCoin: live order book, 9 min ago; OKX: live order book, 5 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 KuCoin live order book, 9 min ago0.89 bp16.6 bp −$1748.2 bp −$482doesn't fitdoesn't fit
Sell OKX live order book, 5 min ago0.35 bp5.7 bp −$67.3 bp −$7317.8 bp −$1,784doesn't fit

SKHYNIX on 22 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 SKHYNIXUSDC−0.0208%4h1,408−0.179%$3.5M$398K10xas long as short
Aster SKHYNIXUSD10.0000%4h1,410.8+0.023%$18.9M$41.3M20xas long as short
Bybit SKHYNIXUSDT0.0000%8h1,411.9+0.099%$20.6M$33.1M100xas long as short
Gate SKHYNIX_USDT0.0000%4h1,411.6+0.077%$142.7M$63.1M75xas long as short
GRVT SKHYNIX_USDT_Perp0.0000%4h1,408.8−0.122%$101K$197K10xas long as short
SunX SKHYNIX-USDT0.0000%4h1,409.7−0.053%$981$680K10xas long as short
HTX SKHYNIX-USDT0.0000%4h1,411.4+0.067%$1.3M$2.2M50xas long as short
Phemex SKHYNIXUSDT0.0000%8h1,411.1+0.045%$1.2M$769K10xas long as short
Bullet SKHYNIX-USD+0.0017%1h1,410.6+0.008%$15K$467K10xas long as short
SoDEX SKHX-USD+0.0050%1h1,410.6+0.006%$750$8K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica SKHYNIX+0.0100%1h1,410.6+0.008%$129K$390K10xas long as short
KuCoin SKHYNIXUSDTMlong+0.0100%4h1,410.5long leg$5.2M$8.1M20x
ApeX Omni SKHYNIXUSDT+0.0100%1h1,408.8−0.117%$147K$261K50xas long as short
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,410.7+0.013%$5K$79810xas long as short
Binance SKHYNIXUSDT+0.0104%4h1,410.6+0.008%$353.2M$741.6M50xas long as short
Extended SKHYNIX-USD+0.0104%1h1,410.3−0.012%$2.4M$78K10xas long as short
Aevo SKHX-PERP+0.0104%1h1,411.3+0.060%$33K10xas long as short
Polymarket Perps SKHYNIX-USD+0.0125%1h1,411.4+0.065%$294K$947K10xas long as short
tradeXYZ xyz:SKHX+0.0129%1h1,410.1−0.028%$322.0M$200.3M10xas long as short
Bitget SKHYNIXUSDT+0.0238%4h1,411.3+0.054%$23.9M$25.3M20xas long as short
OKX SKHYNIX-USDT-SWAPshort+0.0273%8h1,411.2+0.050%$54.2M$111.6M50x
Aftermath Perps SKHYNIXUSD+0.1333%1h1,408.9−0.115%$702$38K5xas long as short