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

SKHYNIX

RWAall SKHYNIX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.1478%/8h= −161.8% APRpaid last 24h +0.037%
Price spread now: BloFin against tradeXYZ+0.100%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$330.328% 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 4 days (all we have)−0.101%−$10 · spread now +0.100%, 7d avg +0.005%
Together, before fees−0.136%+ Points / potential airdroptradeXYZ: Active · farm board−$14 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.095% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.100% now, against its 7-day average of +0.005%): +$10 on $10k if it goes back. Holding the pair costs −$44 a day in funding at the current rate, which eats that in about 5 hours. At the pace of the last 7 days (−0.034% in total) that is about 20 days.
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 -1.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:SKHX1,346.20.1477pay 0.0185% / 1h59m 17s$295.5M$270.0M10x
ShortBloFin SKHYNIX-USDT1,347.6−0.0001pay 0.0001% / 4h3h 59m$2.5M$4.1M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against tradeXYZ. 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
−$310.35
Price spread: +0.100% → +0.005%
$9.53
Slippage, 4 orders
−$2.79
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$333.61
Costs to cover
0.328%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 11 min ago; BloFin: 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 tradeXYZ live order book, 11 min ago0.37 bp9.4 bp −$910.9 bp −$109doesn't fitdoesn't fit
Sell BloFin live order book, 9 min ago0.07 bp6.9 bp −$77.7 bp −$7713.5 bp −$1,352doesn'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−0.0170%4h1,348.8+0.194%$3.3M$431K10xas long as short
Aftermath Perps SKHYNIXUSD−0.0067%1h1,348.8+0.193%$777$35K5xas long as short
HTX SKHYNIX-USDT−0.0042%4h1,349+0.205%$1.3M$2.5M50xas long as short
BloFin SKHYNIX-USDTshort−0.0001%4h1,347.6+0.100%$2.5M$4.1M50x
Aster SKHYNIXUSD10.0000%4h1,350.1+0.289%$18.4M$27.8M20xas long as short
Extended SKHYNIX-USD0.0000%1h1,348+0.137%$2.3M$78K10xas long as short
Binance SKHYNIXUSDT0.0000%4h1,348.2+0.145%$328.6M$959.6M50xas long as short
Bybit SKHYNIXUSDT0.0000%8h1,348.1+0.144%$19.0M$30.8M100xas long as short
Gate SKHYNIX_USDT0.0000%4h1,348.3+0.154%$140.3M$73.3M75xas long as short
Bitget SKHYNIXUSDT0.0000%4h1,348.2+0.151%$21.9M$34.8M20xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SKHYNIX_USDT_Perp0.0000%4h1,349.2+0.224%$98K$224K10xas long as short
SunX SKHYNIX-USDT0.0000%4h1,348.7+0.182%$1K$469K10xas long as short
Phemex SKHYNIXUSDT0.0000%8h1,347.5+0.094%$1.2M$781K10xas long as short
Polymarket Perps SKHYNIX-USD+0.0050%1h1,342.6−0.267%$251K$974K10xas long as short
KuCoin SKHYNIXUSDTM+0.0088%4h1,347.7+0.108%$5.0M$8.2M20xas long as short
Pacifica SKHYNIX+0.0100%1h1,348.7+0.186%$102K$433K10xas long as short
ApeX Omni SKHYNIXUSDT+0.0100%1h1,349.6+0.249%$141K$259K50xas long as short
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,349.4+0.239%$5K$1K10xas long as short
Aevo SKHX-PERP+0.0104%1h1,348.1+0.143%$32K10xas long as short
OKX SKHYNIX-USDT-SWAP+0.0428%8h1,347.8+0.119%$52.3M$130.7M50xas long as short
SoDEX SKHX-USD+0.1201%1h1,347.4+0.089%$237$8K10xas long as short
tradeXYZ xyz:SKHXlong+0.1477%1h1,346.2long leg$295.5M$270.0M10x
Bullet SKHYNIX-USD+0.1675%1h1,347.4+0.086%$14K$468K10xas long as short