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

SKHYNIX

RWAall SKHYNIX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0571%/8h= −62.5% APRnext payment $0.71 per $10,000 · paid last 24h −0.017%
Price spread now: Polymarket Perps against Pacifica+0.008%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$300.299% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.137%−$14 on $10k
Price spread, last 4 days (all we have)+0.166%+$17 · spread now +0.008%, 7d avg +0.007%
Together, before fees+0.029%+ Points / potential airdropPacifica: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.007%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.137% in total (about -7.1% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.71 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPacifica SKHYNIX1,383.10.0621pay 0.0078% / 1h20m 59s$141K$399K10x
ShortPolymarket Perps SKHYNIX-USD1,383.20.0050get 0.0006% / 1h20m 59s$276K$1.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
−$119.83
Price spread: +0.008% → +0.007%
$0.09
Slippage, 4 orders
−$13.9
Fee Pacifica: 4 bp × 2 orders
−$8
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$149.64
Costs to cover
0.299%
Break-even
never at this rate
Slippage from Pacifica: live order book, 57 min ago; Polymarket Perps: live order book, 3 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, 57 min ago0.36 bp6.7 bp −$7doesn't fitdoesn't fitdoesn't fit
Sell Polymarket Perps live order book, 3 min ago1.45 bp8.0 bp −$88.3 bp −$839.9 bp −$990doesn'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
edgeX SKHYNIXUSDC−0.0359%4h1,380.7−0.173%$3.4M$431K10xas long as short
SoDEX SKHX-USD−0.0027%1h1,383.8+0.051%$736$8K10xas long as short
Bullet SKHYNIX-USD0.0000%1h1,382.5−0.043%$15K$467K10xas long as short
SunX SKHYNIX-USDT0.0000%4h1,381.9−0.088%$1K$893K10xas long as short
Phemex SKHYNIXUSDT0.0000%8h1,383.3+0.012%$1.2M$769K10xas long as short
Aster SKHYNIXUSD1+0.0044%4h1,381.9−0.085%$18.5M$42.8M20xas long as short
Polymarket Perps SKHYNIX-USDshort+0.0050%1h1,383.2+0.008%$276K$1.6M10x
Bitget SKHYNIXUSDT+0.0078%4h1,383.8+0.053%$24.1M$26.8M20xas long as short
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,381.4−0.123%$5K$1K10xas long as short
tradeXYZ xyz:SKHX+0.0101%1h1,384.2+0.080%$346.4M$186.4M10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aevo SKHX-PERP+0.0104%1h1,383.4+0.024%$32K10xas long as short
ApeX Omni SKHYNIXUSDT+0.0116%1h1,381.8−0.092%$144K$263K50xas long as short
Gate SKHYNIX_USDT+0.0132%4h1,384.4+0.091%$137.2M$73.3M75xas long as short
HTX SKHYNIX-USDT+0.0140%4h1,383.3+0.012%$1.2M$2.2M50xas long as short
KuCoin SKHYNIXUSDTM+0.0154%4h1,382.7−0.026%$5.1M$8.2M20xas long as short
BloFin SKHYNIX-USDT+0.0206%4h1,382.8−0.019%$2.5M$4.1M50xas long as short
Binance SKHYNIXUSDT+0.0254%4h1,382.9−0.016%$352.9M$739.4M50xas long as short
Extended SKHYNIX-USD+0.0256%1h1,382.5−0.040%$2.4M$225K10xas long as short
OKX SKHYNIX-USDT-SWAP+0.0305%8h1,384.5+0.102%$52.5M$113.0M50xas long as short
Bybit SKHYNIXUSDT+0.0307%8h1,383.7+0.046%$20.4M$36.4M100xas long as short
GRVT SKHYNIX_USDT_Perp+0.0418%4h1,381.4−0.120%$104K$208K10xas long as short
Pacifica SKHYNIXlong+0.0621%1h1,383.1long leg$141K$399K10x
Aftermath Perps SKHYNIXUSD+0.0743%1h1,382.5−0.040%$672$39K5xas long as short