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

SKHYNIX

RWAall SKHYNIX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0335%/8h= +36.7% APRnext payment +$3.35 per $10,000 · paid last 24h +0.084%
Price spread now: OKX against Phemex−0.019%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$110as in the Price arb table
costs, in and out, $10k−$1081.082% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.363%+$36 on $10k
Price spread, last 4 days (all we have)+0.007%+$1 · spread now −0.019%, 7d avg −0.001%
Together, before fees+0.371%+$37 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.001%, so right now this pair is about funding alone: +$10 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex SKHYNIXUSDT1,362.90get 0.0000% / 8h1h 52m$1.2M$776K10x
ShortOKX SKHYNIX-USDT-SWAP1,362.60.0335get 0.0335% / 8h1h 52m$53.1M$127.7M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$70.41
Price spread: −0.019% → −0.001%
−$1.79
Slippage, 4 orders
−$86.16
Fee Phemex: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$39.53
Costs to cover
1.082%
Break-even
10.9 days
Slippage from Phemex: live order book, 5 min ago; OKX: 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, 5 min ago3.33 bp46.5 bp −$46doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 1 min ago0.37 bp5.8 bp −$67.0 bp −$7020.2 bp −$2,017doesn'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−0.0468%4h1,363.8+0.070%$3.3M$431K10xas long as short
BloFin SKHYNIX-USDT−0.0029%4h1,362.1−0.053%$2.6M$4.0M50xas long as short
Aster SKHYNIXUSD10.0000%4h1,363.8+0.068%$18.4M$36.3M20xas long as short
Extended SKHYNIX-USD0.0000%1h1,362.4−0.031%$2.3M$78K10xas long as short
Binance SKHYNIXUSDT0.0000%4h1,363+0.007%$333.4M$904.4M50xas long as short
Bybit SKHYNIXUSDT0.0000%8h1,363.6+0.057%$19.5M$31.0M100xas long as short
Gate SKHYNIX_USDT0.0000%4h1,363+0.012%$141.7M$74.1M75xas long as short
SunX SKHYNIX-USDT0.0000%4h1,363.1+0.015%$891$520K10xas long as short
HTX SKHYNIX-USDT0.0000%4h1,362.6−0.017%$1.2M$2.5M50xas long as short
Phemex SKHYNIXUSDTlong0.0000%8h1,362.9long leg$1.2M$776K10x
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bullet SKHYNIX-USD+0.0011%1h1,363.2+0.025%$14K$469K10xas long as short
GRVT SKHYNIX_USDT_Perp+0.0012%4h1,363.4+0.040%$99K$215K10xas long as short
tradeXYZ xyz:SKHX+0.0050%1h1,363.2+0.025%$293.7M$251.9M10xas long as short
Polymarket Perps SKHYNIX-USD+0.0050%1h1,363+0.010%$257K$1.0M10xas long as short
SoDEX SKHX-USD+0.0050%1h1,362.9+0.001%$725$8K10xas long as short
Pacifica SKHYNIX+0.0100%1h1,363+0.011%$103K$430K10xas long as short
KuCoin SKHYNIXUSDTM+0.0100%4h1,362.8−0.007%$5.0M$8.2M20xas long as short
ApeX Omni SKHYNIXUSDT+0.0100%1h1,366.1+0.238%$142K$259K50xas long as short
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,363.8+0.070%$5K$85810xas long as short
Aevo SKHX-PERP+0.0104%1h1,363.5+0.044%$32K10xas long as short
Aftermath Perps SKHYNIXUSD+0.0194%1h1,364.6+0.131%$712$37K5xas long as short
Bitget SKHYNIXUSDT+0.0222%4h1,363.2+0.023%$22.5M$32.6M20xas long as short
OKX SKHYNIX-USDT-SWAPshort+0.0335%8h1,362.6−0.019%$53.1M$127.7M50x