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

SKHYNIX

RWAall SKHYNIX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.058%
Price spread now: KuCoin against Phemex−0.047%7-day average −0.039% · you buy dearer than you sell
Net, funding: paid 7d − costs−$90as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1121.121% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.224%+$22 on $10k
Price spread, last 4 days (all we have)+0.101%+$10 · spread now −0.047%, 7d avg −0.039%
Together, before fees+0.324%+$32 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.039%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex SKHYNIXUSDT1,352.80get 0.0000% / 8h6h 09m$1.2M$784K10x
ShortKuCoin SKHYNIXUSDTM1,352.10.0100get 0.0050% / 4h2h 09m$5.1M$8.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Phemex. 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: −0.047% → −0.039%
−$0.76
Slippage, 4 orders
−$88.14
Fee Phemex: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$91.9
Costs to cover
1.121%
Break-even
37.6 days
Slippage from Phemex: live order book, 1 min ago; KuCoin: live order book, 1 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 Phemex live order book, 1 min ago1.18 bp38.3 bp −$38doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago0.44 bp9.0 bp −$939.0 bp −$390doesn't fitdoesn't fit

SKHYNIX on 23 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:SKHX−0.0665%1h1,353.5+0.055%$297.0M$297.1M10xas long as short
Bullet SKHYNIX-USD−0.0579%1h1,353.1+0.026%$14K$466K10xas long as short
Polymarket Perps SKHYNIX-USD−0.0429%1h1,352.8+0.003%$241K$974K10xas long as short
edgeX SKHYNIXUSDC−0.0409%4h1,351.4−0.104%$3.3M$431K10xas long as short
Aftermath Perps SKHYNIXUSD−0.0252%1h1,353.2+0.029%$744$34K5xas long as short
SoDEX SKHX-USD−0.0227%1h1,353.1+0.021%$395$8K10xas long as short
Pacifica SKHYNIX−0.0049%1h1,352.7−0.004%$109K$465K10xas long as short
Aster SKHYNIXUSD10.0000%4h1,351.5−0.095%$18.1M$22.9M20xas long as short
Extended SKHYNIX-USD0.0000%1h1,352.2−0.040%$2.3M$85K10xas long as short
Binance SKHYNIXUSDT0.0000%4h1,352.5−0.017%$326.0M$1.02B50xas long as short
Show all 23 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SKHYNIXUSDT0.0000%8h1,353.4+0.044%$18.5M$32.1M100xas long as short
OKX SKHYNIX-USDT-SWAP0.0000%8h1,352.7−0.004%$51.2M$142.6M50xas long as short
Gate SKHYNIX_USDT0.0000%4h1,353.6+0.065%$139.8M$79.2M75xas long as short
Bitget SKHYNIXUSDT0.0000%4h1,353.1+0.025%$21.5M$38.3M20xas long as short
SunX SKHYNIX-USDT0.0000%4h1,352.8+0.004%$1K$427K10xas long as short
Phemex SKHYNIXUSDTlong0.0000%8h1,352.8long leg$1.2M$784K10x
BloFin SKHYNIX-USDT+0.0047%4h1,352.6−0.009%$2.5M$4.2M50xas long as short
KuCoin SKHYNIXUSDTMshort+0.0100%4h1,352.1−0.047%$5.1M$8.3M20x
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,352.7−0.001%$5K$1K10xas long as short
Aevo SKHX-PERP+0.0104%1h1,353.4+0.050%$32K10xas long as short
ApeX Omni SKHYNIXUSDT+0.0174%1h1,353+0.014%$141K$260K50xas long as short
HTX SKHYNIX-USDT+0.0324%4h1,353.2+0.031%$1.3M$2.8M50xas long as short
GRVT SKHYNIX_USDT_Perp+0.0754%4h1,352.5−0.019%$98K$212K10xas long as short