Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0062%/8h= −6.7% APRpaid last 24h +0.066%

Price spread now: Binance against Bullet+0.016%7-day average −0.027% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$21as in the Price arb table

costs, in and out, $10k−$250.255% of the position

Long on Bullet Short on Binance

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.095%+$9 on $10k

Price spread, last 4 days (all we have)−0.126%−$13 · spread now +0.016%, 7d avg −0.027%

Together, before fees−0.031%−$3 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.043% dearer against Bullet than usual: you sell high and buy low (spread +0.016% now, against its 7-day average of −0.027%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.3 days. Mind the row above: over the last 3 days funding on this pair paid +0.095%, so the current rate has only just turned against you.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet SKHYNIX-USD	1,380.5	0.0062	pay 0.0008% / 1h	3m 59s	$14K	$470K	10x
Short	Binance SKHYNIXUSDT	1,380.7	0	get 0.0000% / 4h	3h 03m	$341.5M	$812.8M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bullet. 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 BulletbpFee BinancebpOrdersPrice spread, now +0.016%Rate

Funding earned: −$12.94
Price spread: +0.016% → −0.027%: $4.31
Slippage, 4 orders: −$7.45
Fee Bullet: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$34.09
Costs to cover: 0.255%
Break-even: never at this rate

Slippage from Bullet: live order book, 50 min ago; Binance: live order book, 10 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 Bullet live order book, 50 min ago	1.43 bp	7.3 bp −$7	21.4 bp −$214	doesn't fit	doesn't fit
Sell Binance live order book, 10 min ago	0.04 bp	5.0 bp −$5	6.1 bp −$61	13.7 bp −$1,367	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	−0.334%	$3.4M	$390K	10x	as long as short
BloFin SKHYNIX-USDT	−0.0028%	4h	1,379.1	−0.100%	$2.6M	$4.1M	50x	as long as short
Aster SKHYNIXUSD1	0.0000%	4h	1,381.1	+0.043%	$18.7M	$37.7M	20x	as long as short
Extended SKHYNIX-USD	0.0000%	1h	1,380.2	−0.022%	$2.4M	$71K	10x	as long as short
Binance SKHYNIXUSDTshort	0.0000%	4h	1,380.7	+0.016%	$341.5M	$812.8M	50x
Bybit SKHYNIXUSDT	0.0000%	8h	1,381.1	+0.042%	$20.0M	$31.3M	100x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,381.5	+0.075%	$141.7M	$72.7M	75x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,379.3	−0.084%	$99K	$208K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,380.9	+0.028%	$1K	$577K	10x	as long as short
HTX SKHYNIX-USDT	0.0000%	4h	1,380.7	+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	1,381.6	+0.079%	$1.2M	$775K	10x	as long as short
tradeXYZ xyz:SKHX	+0.0050%	1h	1,380.4	−0.007%	$300.2M	$232.0M	10x	as long as short
SoDEX SKHX-USD	+0.0050%	1h	1,380.9	+0.026%	$735	$8K	10x	as long as short
Bullet SKHYNIX-USDlong	+0.0062%	1h	1,380.5	long leg	$14K	$470K	10x
Polymarket Perps SKHYNIX-USD	+0.0073%	1h	1,380.4	−0.007%	$267K	$998K	10x	as long as short
Pacifica SKHYNIX	+0.0100%	1h	1,379.2	−0.091%	$106K	$410K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,380.8	+0.018%	$5.1M	$8.0M	20x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,380.1	−0.033%	$144K	$260K	50x	as long as short
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	+0.010%	$32K	—	10x	as long as short
Aftermath Perps SKHYNIXUSD	+0.0188%	1h	1,378.2	−0.167%	$695	$37K	5x	as long as short
Bitget SKHYNIXUSDT	+0.0208%	4h	1,380.4	−0.010%	$22.3M	$29.5M	20x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0378%	8h	1,380.4	−0.007%	$53.7M	$117.5M	50x	as long as short