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

SKHYNIX

RWAall SKHYNIX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.010%
Price spread now: Bybit against Pacifica+0.078%7-day average +0.027% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$310.310% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.503%−$50 on $10k
Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.078%, 7d avg +0.027%
Together, before fees−0.557%+ Points / potential airdropPacifica: Active · farm board−$56 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.051% dearer against Pacifica than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of +0.027%): +$5 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 41 hours. At the pace of the last 7 days (−0.503% in total) that is about 17 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica SKHYNIX1,406.20.0100pay 0.0013% / 1h21m 33s$129K$390K10x
ShortBybit SKHYNIXUSDT1,407.30get 0.0000% / 8h6h 21m$20.6M$33.2M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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

Funding earned
−$21
Price spread: +0.078% → +0.027%
$5.14
Slippage, 4 orders
−$12
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$46.86
Costs to cover
0.310%
Break-even
never at this rate
Slippage from Pacifica: live order book, 47 min ago; Bybit: 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 Pacifica live order book, 47 min ago0.35 bp6.7 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell Bybit live order book, 2 min ago0.04 bp7.3 bp −$710.6 bp −$10638.2 bp −$3,817doesn'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−0.0465%4h1,407.6+0.100%$3.5M$398K10xas long as short
Aster SKHYNIXUSD10.0000%4h1,406.8+0.041%$18.9M$40.9M20xas long as short
Bybit SKHYNIXUSDTshort0.0000%8h1,407.3+0.078%$20.6M$33.2M100x
Gate SKHYNIX_USDT0.0000%4h1,407.2+0.070%$142.3M$63.5M75xas long as short
GRVT SKHYNIX_USDT_Perp0.0000%4h1,408.2+0.142%$101K$195K10xas long as short
SunX SKHYNIX-USDT0.0000%4h1,407.6+0.101%$998$667K10xas long as short
HTX SKHYNIX-USDT0.0000%4h1,408.2+0.142%$1.3M$2.3M50xas long as short
Phemex SKHYNIXUSDT0.0000%8h1,407.4+0.088%$1.2M$768K10xas long as short
Bullet SKHYNIX-USD+0.0024%1h1,407.3+0.076%$15K$466K10xas long as short
Extended SKHYNIX-USD+0.0048%1h1,405.9−0.021%$2.4M$71K10xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SKHYNIXUSDT+0.0049%4h1,406.2+0.001%$350.6M$741.0M50xas long as short
SoDEX SKHX-USD+0.0050%1h1,406.9+0.049%$748$8K10xas long as short
Pacifica SKHYNIXlong+0.0100%1h1,406.2long leg$129K$390K10x
KuCoin SKHYNIXUSDTM+0.0100%4h1,406.5+0.018%$5.2M$8.1M20xas long as short
ApeX Omni SKHYNIXUSDT+0.0100%1h1,408.4+0.156%$147K$261K50xas long as short
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,407+0.056%$5K$79810xas long as short
Aevo SKHX-PERP+0.0104%1h1,407.5+0.095%$33K10xas long as short
tradeXYZ xyz:SKHX+0.0117%1h1,405.9−0.021%$319.6M$201.7M10xas long as short
Polymarket Perps SKHYNIX-USD+0.0117%1h1,408+0.128%$290K$991K10xas long as short
Bitget SKHYNIXUSDT+0.0230%4h1,407+0.058%$23.7M$25.7M20xas long as short
OKX SKHYNIX-USDT-SWAP+0.0267%8h1,407+0.057%$54.0M$111.1M50xas long as short
Aftermath Perps SKHYNIXUSD+0.1116%1h1,407.7+0.106%$737$38K5xas long as short