Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.017%

Price spread now: ApeX Omni against Aster−0.038%69s7-day average +0.038% · 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—prices read too far apart to compare

costs, in and out, $10k−$350.349% of the position

Long on Aster Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 7 days+0.141%+$14 on $10k

Price spread, last 4 days (all we have)+0.217%+$22 · spread now −0.038%, 7d avg +0.038%

Together, before fees+0.358%+ Points / potential airdropAster: Stage 5 · farm board+$36 on $10k · with fees, hour by hour

Funding pays, the price is against you. ApeX Omni is 0.076% cheaper against Aster than usual: you would sell low and buy high (spread −0.038% now, against its 7-day average of +0.038%). If the spread goes back, that is −$8 on $10k: about 2.5 days of funding at the current rate (+$3 a day). The two prices were read 69 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	Aster SKHYNIXUSD1	1,380.6	0	get 0.0000% / 4h	3h 04m	$18.7M	$37.7M	20x
Short	ApeX Omni SKHYNIXUSDT	1,380.1	0.0100	get 0.0013% / 1h	4m 23s	$144K	$260K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Aster. 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 AsterbpFee ApeX OmnibpOrdersPrice spread, now −0.038%Rate

Funding earned: $21
Price spread: −0.038% → +0.038%: −$7.57
Slippage, 4 orders: −$16.88
Fee Aster: 4 bp × 2 orders: −$8
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$21.45
Costs to cover: 0.349%
Break-even: 14.2 days

Slippage from Aster: live order book, 5 min ago; ApeX Omni: live order book, 47 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 Aster live order book, 5 min ago	0.36 bp	5.6 bp −$6	5.8 bp −$58	doesn't fit	doesn't fit
Sell ApeX Omni live order book, 47 min ago	6.75 bp	11.8 bp −$12	33.4 bp −$334	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	−0.0808%	4h	1,375.9	−0.340%	$3.4M	$390K	10x	as long as short
BloFin SKHYNIX-USDT	−0.0028%	4h	1,379.1	−0.105%	$2.6M	$4.1M	50x	as long as short
Aster SKHYNIXUSD1long	0.0000%	4h	1,380.6	long leg	$18.7M	$37.7M	20x
Extended SKHYNIX-USD	0.0000%	1h	1,379.3	−0.091%	$2.4M	$71K	10x	as long as short
Binance SKHYNIXUSDT	0.0000%	4h	1,380.5	−0.003%	$341.5M	$812.5M	50x	as long as short
Bybit SKHYNIXUSDT	0.0000%	8h	1,381	+0.034%	$20.0M	$31.4M	100x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,381.3	+0.049%	$141.6M	$72.7M	75x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,379.3	−0.090%	$99K	$208K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,378.2	−0.173%	$1K	$579K	10x	as long as short
HTX SKHYNIX-USDT	0.0000%	4h	1,380.4	−0.013%	$1.3M	$2.4M	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex SKHYNIXUSDT	0.0000%	8h	1,378.8	−0.131%	$1.2M	$775K	10x	as long as short
tradeXYZ xyz:SKHX	+0.0050%	1h	1,379.5	−0.078%	$300.0M	$231.9M	10x	as long as short
SoDEX SKHX-USD	+0.0050%	1h	1,377.8	−0.205%	$733	$8K	10x	as long as short
Bullet SKHYNIX-USD	+0.0062%	1h	1,380.5	−0.005%	$14K	$470K	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0073%	1h	1,380.4	−0.013%	$267K	$998K	10x	as long as short
Pacifica SKHYNIX	+0.0100%	1h	1,379.2	−0.096%	$106K	$410K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,379.8	−0.053%	$5.1M	$8.0M	20x	as long as short
ApeX Omni SKHYNIXUSDTshort	+0.0100%	1h	1,380.1	−0.038%	$144K	$260K	50x
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,380.5	−0.003%	$5K	$858	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,380.6	+0.005%	$32K	—	10x	as long as short
Aftermath Perps SKHYNIXUSD	+0.0188%	1h	1,378.2	−0.172%	$695	$37K	5x	as long as short
Bitget SKHYNIXUSDT	+0.0208%	4h	1,380.7	+0.008%	$22.3M	$29.5M	20x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0378%	8h	1,380.6	+0.002%	$53.7M	$117.5M	50x	as long as short