Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC−0.0337%/8h= −36.9% APRpaid last 24h +0.050%

Price spread now: Aster against Pacifica+0.035%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$56as in the Funding arb table

Net, price: spread back to 7d avg − costs−$23as in the Price arb table

costs, in and out, $10k−$260.261% of the position

Long on Pacifica Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.303%−$30 on $10k

Price spread, last 4 days (all we have)−0.086%−$9 · spread now +0.035%, 7d avg +0.001%

Together, before fees−0.389%+ Points / potential airdropPacifica: Active · Aster: Stage 5 · farm board−$39 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.034% dearer against Pacifica than usual: you sell high and buy low (spread +0.035% now, against its 7-day average of +0.001%): +$3 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 8 hours. At the pace of the last 7 days (−0.303% in total) that is about 19 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica SKHYNIX	1,413.9	0.0467	pay 0.0058% / 1h	6m 45s	$135K	$385K	10x
Short	Aster SKHYNIXUSD1	1,414.4	0.0130	get 0.0065% / 4h	3h 06m	$18.9M	$42.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Pacifica. 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 PacificabpFee AsterbpOrdersPrice spread, now +0.035%Rate

Funding earned: −$70.69
Price spread: +0.035% → +0.001%: $3.39
Slippage, 4 orders: −$10.07
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$93.37
Costs to cover: 0.261%
Break-even: never at this rate

Slippage from Pacifica: live order book, 2 min ago; Aster: live order book, 2 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 Pacifica live order book, 2 min ago	0.35 bp	6.7 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 2 min ago	0.35 bp	4.4 bp −$4	7.1 bp −$71	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	−0.0340%	4h	1,411.4	−0.173%	$3.5M	$434K	10x	as long as short
Bybit SKHYNIXUSDT	0.0000%	8h	1,414.8	+0.065%	$20.7M	$33.2M	100x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,414.4	+0.036%	$143.5M	$65.2M	75x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,412.9	−0.069%	$103K	$198K	10x	as long as short
Bullet SKHYNIX-USD	0.0000%	1h	1,414	+0.010%	$16K	$467K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,414	+0.007%	$1K	$725K	10x	as long as short
HTX SKHYNIX-USDT	0.0000%	4h	1,415	+0.077%	$1.3M	$2.2M	50x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,413.8	−0.006%	$1.2M	$769K	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0050%	1h	1,414.3	+0.030%	$294K	$927K	10x	as long as short
SoDEX SKHX-USD	+0.0050%	1h	1,413.6	−0.022%	$752	$8K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:SKHX	+0.0088%	1h	1,414.1	+0.016%	$331.2M	$191.4M	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,413.3	−0.038%	$5.2M	$8.2M	20x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,412.7	−0.085%	$147K	$262K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,413.7	−0.016%	$5K	$798	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,414.7	+0.061%	$33K	—	10x	as long as short
Aster SKHYNIXUSD1short	+0.0130%	4h	1,414.4	+0.035%	$18.9M	$42.1M	20x
Binance SKHYNIXUSDT	+0.0259%	4h	1,414	+0.011%	$354.5M	$744.0M	50x	as long as short
Extended SKHYNIX-USD	+0.0264%	1h	1,413.9	+0.003%	$2.4M	$182K	10x	as long as short
Bitget SKHYNIXUSDT	+0.0276%	4h	1,414.3	+0.032%	$24.1M	$25.4M	20x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0282%	8h	1,414	+0.009%	$54.4M	$110.6M	50x	as long as short
BloFin SKHYNIX-USDT	+0.0298%	4h	1,413.7	−0.016%	$2.6M	$4.2M	50x	as long as short
Pacifica SKHYNIXlong	+0.0467%	1h	1,413.9	long leg	$135K	$385K	10x
Aftermath Perps SKHYNIXUSD	+0.2289%	1h	1,413.4	−0.033%	$704	$38K	5x	as long as short