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−0.0100%/8h= −10.9% APRnext payment $0.50 per $10,000 · paid last 24h −0.066%
Price spread now: SunX against KuCoin−0.030%7-day average +0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$117as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$880.884% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.287%−$29 on $10k
Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.030%, 7d avg +0.015%
Together, before fees−0.243%−$24 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.046% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.015%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SKHYNIXUSDTM1,412.60.0100pay 0.0050% / 4h1h 01m$5.2M$8.0M20x
ShortSunX SKHYNIX-USDT1,412.10get 0.0000% / 4h1h 01m$1K$631K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$21
Price spread: −0.030% → +0.015%
−$4.56
Slippage, 4 orders
−$68.39
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$113.95
Costs to cover
0.884%
Break-even
never at this rate
Slippage from KuCoin: live order book, 2 min ago; SunX: live order book, 30 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, 2 min ago0.43 bp11.4 bp −$1137.2 bp −$372doesn't fitdoesn't fit
Sell SunX live order book, 30 min ago28.04 bp32.0 bp −$32doesn't fitdoesn'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 SKHYNIXUSDC−0.0489%4h1,411.4−0.080%$3.5M$394K10xas long as short
BloFin SKHYNIX-USDT−0.0032%4h1,412.5−0.004%$2.7M$4.1M50xas long as short
Aster SKHYNIXUSD10.0000%4h1,412−0.040%$18.9M$39.8M20xas long as short
Extended SKHYNIX-USD0.0000%1h1,412.1−0.033%$2.4M$71K10xas long as short
Binance SKHYNIXUSDT0.0000%4h1,412.6+0.006%$350.7M$751.9M50xas long as short
Bybit SKHYNIXUSDT0.0000%8h1,413.3+0.052%$20.5M$32.7M100xas long as short
Gate SKHYNIX_USDT0.0000%4h1,413.4+0.058%$144.1M$65.1M75xas long as short
GRVT SKHYNIX_USDT_Perp0.0000%4h1,411.6−0.066%$102K$196K10xas long as short
SunX SKHYNIX-USDTshort0.0000%4h1,412.1−0.030%$1K$631K10x
HTX SKHYNIX-USDT0.0000%4h1,413.6+0.074%$1.3M$2.4M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex SKHYNIXUSDT0.0000%8h1,412.9+0.023%$1.2M$768K10xas long as short
SoDEX SKHX-USD+0.0050%1h1,412.1−0.033%$751$8K10xas long as short
Pacifica SKHYNIX+0.0100%1h1,412.4−0.011%$127K$385K10xas long as short
KuCoin SKHYNIXUSDTMlong+0.0100%4h1,412.6long leg$5.2M$8.0M20x
ApeX Omni SKHYNIXUSDT+0.0100%1h1,411.5−0.073%$147K$261K50xas long as short
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,412.3−0.021%$5K$79810xas long as short
Aevo SKHX-PERP+0.0104%1h1,412.9+0.026%$33K10xas long as short
tradeXYZ xyz:SKHX+0.0110%1h1,412−0.040%$318.5M$205.5M10xas long as short
Bullet SKHYNIX-USD+0.0146%1h1,412.5−0.004%$15K$469K10xas long as short
Polymarket Perps SKHYNIX-USD+0.0165%1h1,412.1−0.033%$277K$1.0M10xas long as short
Bitget SKHYNIXUSDT+0.0302%4h1,413+0.032%$23.5M$26.0M20xas long as short
OKX SKHYNIX-USDT-SWAP+0.0337%8h1,413.3+0.052%$56.2M$114.8M50xas long as short
Aftermath Perps SKHYNIXUSD+0.0412%1h1,410.9−0.116%$673$38K5xas long as short