Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0088%/8h= +9.6% APRpaid last 24h +0.040%

Price spread now: ApeX Omni against SunX+0.016%47s7-day average +0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$910.909% of the position

Long on SunX Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.342%+$34 on $10k

Price spread, last 4 days (all we have)+0.015%+$1 · spread now +0.016%, 7d avg +0.028%

Together, before fees+0.357%+$36 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SKHYNIX-USDT	1,350	0	get 0.0000% / 4h	49m 34s	$1K	$481K	10x
Short	ApeX Omni SKHYNIXUSDT	1,350.2	0.0088	get 0.0011% / 1h	49m 34s	$141K	$259K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against SunX. 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

Position, each leg$Hold fordaysFee SunXbpFee ApeX OmnibpOrdersPrice spread, now +0.016%Rate

Funding earned: $18.38
Price spread: +0.016% → +0.028%: −$1.19
Slippage, 4 orders: −$72.87
Fee SunX: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$73.68
Costs to cover: 0.909%
Break-even: 35.1 days

Slippage from SunX: live order book, 2 min ago; ApeX Omni: live order book, 52 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 2 min ago	28.04 bp	32.0 bp −$32	doesn't fit	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 52 min ago	8.07 bp	13.4 bp −$13	40.5 bp −$405	doesn't fit	doesn't fit

SKHYNIX on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX SKHYNIXUSDC	−0.0490%	4h	1,349.4	−0.046%	$3.3M	$430K	10x	as long as short
Aftermath Perps SKHYNIXUSD	−0.0057%	1h	1,349.2	−0.060%	$683	$36K	5x	as long as short
BloFin SKHYNIX-USDT	−0.0020%	4h	1,349.7	−0.023%	$2.5M	$4.0M	50x	as long as short
Aster SKHYNIXUSD1	0.0000%	4h	1,350.3	+0.024%	$18.3M	$33.4M	20x	as long as short
Extended SKHYNIX-USD	0.0000%	1h	1,349.9	−0.004%	$2.3M	$78K	10x	as long as short
Binance SKHYNIXUSDT	0.0000%	4h	1,350.8	+0.062%	$327.8M	$943.8M	50x	as long as short
Bybit SKHYNIXUSDT	0.0000%	8h	1,350.6	+0.044%	$19.1M	$30.9M	100x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,351.3	+0.097%	$140.4M	$76.6M	75x	as long as short
Bitget SKHYNIXUSDT	0.0000%	4h	1,351.3	+0.094%	$21.8M	$34.2M	20x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,349.9	−0.007%	$98K	$219K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SKHYNIX-USDTlong	0.0000%	4h	1,350	long leg	$1K	$481K	10x
HTX SKHYNIX-USDT	0.0000%	4h	1,350.5	+0.036%	$1.3M	$2.5M	50x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,350.7	+0.051%	$1.2M	$777K	10x	as long as short
ApeX Omni SKHYNIXUSDTshort	+0.0088%	1h	1,350.2	+0.016%	$141K	$259K	50x
Pacifica SKHYNIX	+0.0100%	1h	1,350.5	+0.039%	$102K	$433K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,350.3	+0.020%	$5.0M	$8.2M	20x	as long as short
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,350.1	+0.007%	$5K	$1K	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,349.5	−0.033%	$32K	—	10x	as long as short
SoDEX SKHX-USD	+0.0204%	1h	1,348.9	−0.082%	$262	$8K	10x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0259%	8h	1,351.3	+0.098%	$52.2M	$132.5M	50x	as long as short
tradeXYZ xyz:SKHX	+0.0636%	1h	1,348.4	−0.117%	$295.5M	$268.7M	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0802%	1h	1,349.2	−0.058%	$252K	$984K	10x	as long as short
Bullet SKHYNIX-USD	+0.0827%	1h	1,350	+0.001%	$14K	$469K	10x	as long as short