Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.071%

Price spread now: SunX against Binance−0.015%7-day average +0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$105as in the Funding arb table

Net, price: spread back to 7d avg − costs−$79as in the Price arb table

costs, in and out, $10k−$740.744% of the position

Long on Binance Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.303%−$30 on $10k

Price spread, last 4 days (all we have)+0.164%+$16 · spread now −0.015%, 7d avg +0.027%

Together, before fees−0.139%−$14 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.042% cheaper against Binance than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of +0.027%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SKHYNIXUSDT	1,348.7	0	get 0.0000% / 4h	3m 52s	$328.7M	$957.9M	50x
Short	SunX SKHYNIX-USDT	1,348.5	0	get 0.0000% / 4h	3m 52s	$966	$469K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Binance. 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 BinancebpFee SunXbpOrdersPrice spread, now −0.015%Rate

Funding earned: $0
Price spread: −0.015% → +0.027%: −$4.18
Slippage, 4 orders: −$56.45
Fee Binance: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$78.62
Costs to cover: 0.744%
Break-even: never at this rate

Slippage from Binance: live order book, 10 min ago; SunX: 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 Binance live order book, 10 min ago	0.04 bp	5.3 bp −$5	7.1 bp −$71	15.4 bp −$1,542	doesn't fit
Sell SunX live order book, 47 min ago	28.04 bp	32.0 bp −$32	doesn't fit	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	−0.0324%	4h	1,350	+0.096%	$3.3M	$430K	10x	as long as short
Aftermath Perps SKHYNIXUSD	−0.0063%	1h	1,348.2	−0.040%	$735	$35K	5x	as long as short
Aster SKHYNIXUSD1	0.0000%	4h	1,350.6	+0.142%	$18.4M	$28.9M	20x	as long as short
Extended SKHYNIX-USD	0.0000%	1h	1,348.3	−0.031%	$2.3M	$78K	10x	as long as short
Binance SKHYNIXUSDTlong	0.0000%	4h	1,348.7	long leg	$328.7M	$957.9M	50x
Bybit SKHYNIXUSDT	0.0000%	8h	1,348.8	+0.005%	$19.0M	$30.9M	100x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,349.3	+0.039%	$140.2M	$77.5M	75x	as long as short
Bitget SKHYNIXUSDT	0.0000%	4h	1,348.8	+0.004%	$21.9M	$34.7M	20x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,350.2	+0.111%	$98K	$224K	10x	as long as short
SunX SKHYNIX-USDTshort	0.0000%	4h	1,348.5	−0.015%	$966	$469K	10x

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SKHYNIX-USDT	0.0000%	4h	1,349.6	+0.062%	$1.3M	$2.5M	50x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,349.1	+0.026%	$1.2M	$781K	10x	as long as short
BloFin SKHYNIX-USDT	+0.0008%	4h	1,348.4	−0.022%	$2.5M	$4.1M	50x	as long as short
Pacifica SKHYNIX	+0.0100%	1h	1,348.2	−0.035%	$102K	$433K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,348.2	−0.039%	$5.0M	$8.2M	20x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,350.5	+0.132%	$141K	$259K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,349.3	+0.042%	$5K	$1K	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,349	+0.022%	$32K	—	10x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0405%	8h	1,348.4	−0.024%	$52.2M	$131.2M	50x	as long as short
SoDEX SKHX-USD	+0.0862%	1h	1,347.8	−0.067%	$240	$8K	10x	as long as short
tradeXYZ xyz:SKHX	+0.0906%	1h	1,347.3	−0.105%	$295.8M	$269.7M	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.1104%	1h	1,348	−0.053%	$252K	$974K	10x	as long as short
Bullet SKHYNIX-USD	+0.1161%	1h	1,348.2	−0.037%	$15K	$467K	10x	as long as short