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

SKHYNIX

RWAall SKHYNIX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.008%
Price spread now: SunX against Polymarket Perps+0.066%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$123as in the Funding arb table
Net, price: spread back to 7d avg − costs−$77as in the Price arb table
costs, in and out, $10k−$820.820% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.412%−$41 on $10k
Price spread, last 4 days (all we have)−0.054%−$5 · spread now +0.066%, 7d avg +0.014%
Together, before fees−0.467%−$47 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.052% dearer against Polymarket Perps than usual: you sell high and buy low (spread +0.066% now, against its 7-day average of +0.014%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.5 days. At the pace of the last 7 days (−0.412% in total) that is about 21 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps SKHYNIX-USD1,350.50.0050pay 0.0006% / 1h16m 46s$255K$982K10x
ShortSunX SKHYNIX-USDT1,351.40get 0.0000% / 4h1h 16m$823$491K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$10.5
Price spread: +0.066% → +0.014%
$5.2
Slippage, 4 orders
−$66.01
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee SunX: 4 bp × 2 orders
−$8
Net
−$87.32
Costs to cover
0.820%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 6 min ago; SunX: live order book, 44 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, 6 min ago1.84 bp6.6 bp −$77.1 bp −$7110.0 bp −$999doesn't fit
Sell SunX live order book, 44 min ago30.80 bp34.8 bp −$35doesn't fitdoesn'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−0.0159%4h1,352.6+0.158%$3.3M$430K10xas long as short
Aster SKHYNIXUSD10.0000%4h1,354.2+0.275%$18.3M$36.4M20xas long as short
Extended SKHYNIX-USD0.0000%1h1,351.2+0.053%$2.3M$78K10xas long as short
Binance SKHYNIXUSDT0.0000%4h1,351.6+0.078%$325.3M$926.5M50xas long as short
Bybit SKHYNIXUSDT0.0000%8h1,352.2+0.122%$19.3M$30.6M100xas long as short
Gate SKHYNIX_USDT0.0000%4h1,352.7+0.161%$141.4M$76.3M75xas long as short
GRVT SKHYNIX_USDT_Perp0.0000%4h1,353.3+0.207%$97K$216K10xas long as short
Bullet SKHYNIX-USD0.0000%1h1,351.4+0.067%$13K$470K10xas long as short
SunX SKHYNIX-USDTshort0.0000%4h1,351.4+0.066%$823$491K10x
HTX SKHYNIX-USDT0.0000%4h1,352+0.111%$1.2M$2.5M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex SKHYNIXUSDT0.0000%8h1,352.1+0.121%$1.2M$778K10xas long as short
Aftermath Perps SKHYNIXUSD+0.0007%1h1,352.1+0.116%$656$37K5xas long as short
BloFin SKHYNIX-USDT+0.0010%4h1,351.4+0.064%$2.5M$4.0M50xas long as short
tradeXYZ xyz:SKHX+0.0050%1h1,350−0.037%$292.5M$258.1M10xas long as short
Polymarket Perps SKHYNIX-USDlong+0.0050%1h1,350.5long leg$255K$982K10x
SoDEX SKHX-USD+0.0050%1h1,350.7+0.011%$719$8K10xas long as short
Pacifica SKHYNIX+0.0100%1h1,351.5+0.077%$103K$427K10xas long as short
KuCoin SKHYNIXUSDTM+0.0100%4h1,352.2+0.126%$5.0M$8.1M20xas long as short
ApeX Omni SKHYNIXUSDT+0.0100%1h1,355.1+0.341%$141K$259K50xas long as short
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,354.9+0.323%$4K$85810xas long as short
Aevo SKHX-PERP+0.0104%1h1,351.4+0.065%$32K10xas long as short
Bitget SKHYNIXUSDT+0.0120%4h1,352+0.108%$22.5M$33.2M20xas long as short
OKX SKHYNIX-USDT-SWAP+0.0262%8h1,351.8+0.096%$52.5M$129.9M50xas long as short