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

SKHYNIX

RWAall SKHYNIX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0818%/8h= +89.5% APRpaid last 24h +0.111%
Price spread now: ApeX Omni against edgeX−0.004%7-day average +0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$340.345% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.338%−$34 on $10k
Price spread, last 3 days (all we have)+0.037%+$4 · spread now −0.004%, 7d avg +0.040%
Together, before fees−0.301%+ Points / potential airdropedgeX: Active · farm board−$30 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.044% cheaper against edgeX than usual: you would sell low and buy high (spread −0.004% now, against its 7-day average of +0.040%). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$25 a day). Mind the row above: over the last 7 days funding on this pair cost −0.338%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.338% in total (about -17.6% 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
LongedgeX SKHYNIXUSDC1,412.8−0.0718get 0.0359% / 4h2h 59m$3.5M$435K10x
ShortApeX Omni SKHYNIXUSDT1,412.70.0100get 0.0013% / 1h59m 05s$147K$262K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against edgeX. 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
$171.74
Price spread: −0.004% → +0.040%
−$4.41
Slippage, 4 orders
−$15.45
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$132.87
Costs to cover
0.345%
Break-even
1.6 days
Slippage from edgeX: live order book, 5 min ago; ApeX Omni: live order book, 8 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 edgeX live order book, 5 min ago0.53 bp5.1 bp −$55.7 bp −$5754.4 bp −$5,439doesn't fit
Sell ApeX Omni live order book, 8 min ago6.97 bp12.4 bp −$1235.1 bp −$351doesn't fitdoesn'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 SKHYNIXUSDClong−0.0718%4h1,412.8long leg$3.5M$435K10x
Bybit SKHYNIXUSDT0.0000%8h1,414+0.086%$20.6M$33.1M100xas long as short
Gate SKHYNIX_USDT0.0000%4h1,413.4+0.043%$143.1M$62.0M75xas long as short
GRVT SKHYNIX_USDT_Perp0.0000%4h1,412.8+0.003%$102K$197K10xas long as short
SunX SKHYNIX-USDT0.0000%4h1,414.2+0.103%$974$712K10xas long as short
HTX SKHYNIX-USDT0.0000%4h1,414.2+0.102%$1.3M$2.2M50xas long as short
Phemex SKHYNIXUSDT0.0000%8h1,413.1+0.024%$1.2M$769K10xas long as short
SoDEX SKHX-USD+0.0050%1h1,413.2+0.026%$752$8K10xas long as short
Aster SKHYNIXUSD1+0.0086%4h1,413.2+0.027%$18.9M$42.0M20xas long as short
KuCoin SKHYNIXUSDTM+0.0100%4h1,413.2+0.030%$5.2M$8.2M20xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni SKHYNIXUSDTshort+0.0100%1h1,412.7−0.004%$147K$262K50x
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,413.2+0.029%$5K$79810xas long as short
Aevo SKHX-PERP+0.0104%1h1,414.2+0.103%$33K10xas long as short
Bullet SKHYNIX-USD+0.0126%1h1,414.1+0.093%$15K$467K10xas long as short
BloFin SKHYNIX-USDT+0.0186%4h1,412.6−0.015%$2.6M$4.2M50xas long as short
Binance SKHYNIXUSDT+0.0212%4h1,412.9+0.008%$354.3M$743.1M50xas long as short
Extended SKHYNIX-USD+0.0216%1h1,413.5+0.048%$2.4M$182K10xas long as short
Polymarket Perps SKHYNIX-USD+0.0247%1h1,413.8+0.072%$294K$927K10xas long as short
Bitget SKHYNIXUSDT+0.0254%4h1,412.9+0.009%$24.0M$25.2M20xas long as short
OKX SKHYNIX-USDT-SWAP+0.0277%8h1,412.8+0.001%$54.5M$111.0M50xas long as short
tradeXYZ xyz:SKHX+0.0332%1h1,412.3−0.034%$329.7M$192.9M10xas long as short
Pacifica SKHYNIX+0.0467%1h1,413.5+0.052%$135K$385K10xas long as short
Aftermath Perps SKHYNIXUSD+0.2017%1h1,413.1+0.021%$704$38K5xas long as short