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

SKHYNIX

RWAall SKHYNIX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0172%/8h= −18.8% APRpaid last 24h +0.093%
Price spread now: Binance against Polymarket Perps−0.025%46s7-day average +0.026% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$240.237% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.067%−$7 on $10k
Price spread, last 7 days−0.065%−$6 · spread now −0.025%, 7d avg +0.026%
Together, before fees−0.132%−$13 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Binance is 0.051% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.026%). Swap the legs. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps SKHYNIX-USD1,4120.0172pay 0.0022% / 1h4m 40s$277K$1.0M10x
ShortBinance SKHYNIXUSDT1,411.70get 0.0000% / 4h1h 04m$350.8M$752.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Polymarket Perps. 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
−$36.12
Price spread: −0.025% → +0.026%
−$5.07
Slippage, 4 orders
−$5.7
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$64.89
Costs to cover
0.237%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 3 min ago; Binance: live order book, 9 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 Polymarket Perps live order book, 3 min ago2.13 bp6.8 bp −$78.0 bp −$809.8 bp −$980doesn't fit
Sell Binance live order book, 9 min ago0.04 bp5.7 bp −$67.4 bp −$7415.0 bp −$1,500doesn'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−0.0756%4h1,409.7−0.161%$3.5M$393K10xas long as short
Aster SKHYNIXUSD10.0000%4h1,411.9−0.007%$18.9M$39.8M20xas long as short
Extended SKHYNIX-USD0.0000%1h1,411.1−0.064%$2.4M$71K10xas long as short
Binance SKHYNIXUSDTshort0.0000%4h1,411.7−0.025%$350.8M$752.6M50x
Bybit SKHYNIXUSDT0.0000%8h1,412.3+0.022%$20.5M$32.7M100xas long as short
Gate SKHYNIX_USDT0.0000%4h1,412.5+0.032%$144.1M$65.0M75xas long as short
GRVT SKHYNIX_USDT_Perp0.0000%4h1,409.8−0.156%$101K$195K10xas long as short
SunX SKHYNIX-USDT0.0000%4h1,409.7−0.161%$871$634K10xas long as short
HTX SKHYNIX-USDT0.0000%4h1,411.5−0.033%$1.3M$2.4M50xas long as short
Phemex SKHYNIXUSDT0.0000%8h1,412.1+0.006%$1.2M$768K10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX SKHX-USD+0.0050%1h1,411.7−0.021%$751$8K10xas long as short
BloFin SKHYNIX-USDT+0.0056%4h1,411.7−0.021%$2.7M$4.1M50xas long as short
Pacifica SKHYNIX+0.0100%1h1,411.6−0.028%$127K$385K10xas long as short
KuCoin SKHYNIXUSDTM+0.0100%4h1,411.5−0.033%$5.2M$8.0M20xas long as short
ApeX Omni SKHYNIXUSDT+0.0100%1h1,409.7−0.164%$147K$261K50xas long as short
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,411.9−0.010%$5K$79810xas long as short
Aevo SKHX-PERP+0.0104%1h1,412.4+0.028%$33K10xas long as short
tradeXYZ xyz:SKHX+0.0113%1h1,411.1−0.064%$318.2M$205.2M10xas long as short
Bullet SKHYNIX-USD+0.0152%1h1,411.9−0.007%$14K$469K10xas long as short
Polymarket Perps SKHYNIX-USDlong+0.0172%1h1,412long leg$277K$1.0M10x
Bitget SKHYNIXUSDT+0.0306%4h1,412.1+0.010%$23.5M$26.0M20xas long as short
OKX SKHYNIX-USDT-SWAP+0.0337%8h1,412.3+0.021%$56.2M$114.7M50xas long as short
Aftermath Perps SKHYNIXUSD+0.0433%1h1,409.9−0.148%$672$38K5xas long as short