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

SKHYNIX

RWAall SKHYNIX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC−0.0776%/8h= −85.0% APRnext payment $0.97 per $10,000 · paid last 24h +0.079%
Price spread now: Extended against Polymarket Perps−0.050%7-day average −0.021% · you buy dearer than you sell
Net, funding: paid 7d − costs−$21as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$170.172% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.034%−$3 on $10k
Price spread, last 7 days−0.543%−$54 · spread now −0.050%, 7d avg −0.021%
Together, before fees−0.577%+ Points / potential airdropExtended: Active · farm board−$58 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Extended is 0.029% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.021%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.034% in total (about -1.7% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.97 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
LongPolymarket Perps SKHYNIX-USD1,375.80.0776pay 0.0097% / 1h48m 40s$282K$1.7M10x
ShortExtended SKHYNIX-USD1,375.10get 0.0000% / 1h48m 40s$2.4M$262K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended 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
−$163.04
Price spread: −0.050% → −0.021%
−$2.93
Slippage, 4 orders
−$4.24
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$183.22
Costs to cover
0.172%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 5 min ago; Extended: live order book, 5 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, 5 min ago1.82 bp5.8 bp −$66.5 bp −$658.6 bp −$855doesn't fit
Sell Extended live order book, 5 min ago0.04 bp2.8 bp −$35.4 bp −$54doesn't fitdoesn'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−0.0616%4h1,374.6−0.085%$3.4M$431K10xas long as short
Aster SKHYNIXUSD10.0000%4h1,372.9−0.209%$18.3M$43.4M20xas long as short
Extended SKHYNIX-USDshort0.0000%1h1,375.1−0.050%$2.4M$262K10x
Binance SKHYNIXUSDT0.0000%4h1,375.4−0.026%$351.4M$739.8M50xas long as short
Gate SKHYNIX_USDT0.0000%4h1,376.7+0.063%$135.3M$76.2M75xas long as short
Bitget SKHYNIXUSDT0.0000%4h1,375.8+0.001%$24.0M$26.5M20xas long as short
GRVT SKHYNIX_USDT_Perp0.0000%4h1,374.8−0.071%$104K$223K10xas long as short
SunX SKHYNIX-USDT0.0000%4h1,375−0.058%$1K$913K10xas long as short
HTX SKHYNIX-USDT0.0000%4h1,375.4−0.029%$1.2M$2.2M50xas long as short
Phemex SKHYNIXUSDT0.0000%8h1,375.6−0.017%$1.2M$770K10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SKHYNIX-USDT+0.0025%4h1,375.3−0.038%$2.5M$4.1M50xas long as short
Pacifica SKHYNIX+0.0100%1h1,375.80.000%$141K$420K10xas long as short
KuCoin SKHYNIXUSDTM+0.0100%4h1,375.3−0.040%$5.1M$8.3M20xas long as short
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,375.2−0.045%$5K$1K10xas long as short
Aevo SKHX-PERP+0.0104%1h1,375.9+0.008%$32K10xas long as short
Bybit SKHYNIXUSDT+0.0108%8h1,376.3+0.036%$20.4M$36.3M100xas long as short
OKX SKHYNIX-USDT-SWAP+0.0173%8h1,376.5+0.051%$51.8M$112.2M50xas long as short
Aftermath Perps SKHYNIXUSD+0.0458%1h1,375−0.056%$737$40K5xas long as short
SoDEX SKHX-USD+0.0459%1h1,375.1−0.051%$732$8K10xas long as short
Bullet SKHYNIX-USD+0.0677%1h1,375−0.058%$14K$465K10xas long as short
Polymarket Perps SKHYNIX-USDlong+0.0776%1h1,375.8long leg$282K$1.7M10x
tradeXYZ xyz:SKHX+0.1203%1h1,376.1+0.022%$347.8M$187.6M10xas long as short
ApeX Omni SKHYNIXUSDT+0.1218%1h1,375−0.061%$143K$264K50xas long as short