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

SKHYNIX

RWAall SKHYNIX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0230%/8h= +25.2% APRnext payment +$1.15 per $10,000 · paid last 24h +0.032%
Price spread now: Bitget against KuCoin+0.076%7-day average +0.041% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$420.418% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.108%+$11 on $10k
Price spread, last 7 days−0.066%−$7 · spread now +0.076%, 7d avg +0.041%
Together, before fees+0.041%+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Bitget is 0.035% dearer against KuCoin than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.041%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.108% in total (about 5.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.15 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SKHYNIXUSDTM1,4080.0100pay 0.0050% / 4h1h 24m$5.2M$8.1M20x
ShortBitget SKHYNIXUSDT1,409.10.0330get 0.0165% / 4h1h 24m$23.4M$26.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against KuCoin. 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
$48.3
Price spread: +0.076% → +0.041%
$3.53
Slippage, 4 orders
−$17.79
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
$10.04
Costs to cover
0.418%
Break-even
5.5 days
Slippage from KuCoin: live order book, 4 min ago; Bitget: live order book, 5 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 KuCoin live order book, 4 min ago0.43 bp17.9 bp −$1854.7 bp −$547doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago0.39 bp7.0 bp −$714.4 bp −$14418.7 bp −$1,867doesn'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−0.0977%4h1,406.8−0.089%$3.5M$396K10xas long as short
Aster SKHYNIXUSD10.0000%4h1,407.9−0.010%$18.9M$39.9M20xas long as short
Bybit SKHYNIXUSDT0.0000%8h1,409.2+0.080%$20.5M$33.0M100xas long as short
Gate SKHYNIX_USDT0.0000%4h1,409.1+0.076%$143.8M$64.3M75xas long as short
GRVT SKHYNIX_USDT_Perp0.0000%4h1,407.3−0.055%$102K$194K10xas long as short
SunX SKHYNIX-USDT0.0000%4h1,407.5−0.039%$1K$640K10xas long as short
HTX SKHYNIX-USDT0.0000%4h1,407.3−0.050%$1.3M$2.4M50xas long as short
Phemex SKHYNIXUSDT0.0000%8h1,408.7+0.045%$1.2M$768K10xas long as short
Binance SKHYNIXUSDT+0.0013%4h1,408.5+0.029%$351.1M$749.7M50xas long as short
Extended SKHYNIX-USD+0.0016%1h1,407.5−0.038%$2.4M$71K10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX SKHX-USD+0.0050%1h1,408.3+0.021%$749$8K10xas long as short
BloFin SKHYNIX-USDT+0.0074%4h1,407.7−0.026%$2.7M$4.1M50xas long as short
Pacifica SKHYNIX+0.0100%1h1,407.4−0.047%$126K$389K10xas long as short
KuCoin SKHYNIXUSDTMlong+0.0100%4h1,408long leg$5.2M$8.1M20x
ApeX Omni SKHYNIXUSDT+0.0100%1h1,407.6−0.030%$147K$261K50xas long as short
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,407.1−0.067%$5K$79810xas long as short
Aevo SKHX-PERP+0.0104%1h1,408.3+0.016%$33K10xas long as short
tradeXYZ xyz:SKHX+0.0154%1h1,407.8−0.017%$317.4M$205.2M10xas long as short
Bullet SKHYNIX-USD+0.0196%1h1,407.8−0.017%$14K$467K10xas long as short
Polymarket Perps SKHYNIX-USD+0.0214%1h1,407.1−0.067%$276K$1.0M10xas long as short
Bitget SKHYNIXUSDTshort+0.0330%4h1,409.1+0.076%$23.4M$26.0M20x
OKX SKHYNIX-USDT-SWAP+0.0335%8h1,409.3+0.089%$55.8M$114.5M50xas long as short
Aftermath Perps SKHYNIXUSD+0.0557%1h1,407.1−0.064%$671$38K5xas long as short