Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.015%

Price spread now: Aster against ApeX Omni+0.043%69s7-day average −0.035% · you sell dearer than you buy

Net, funding: paid 7d − costs−$51as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$410.409% of the position

Long on ApeX Omni Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.106%−$11 on $10k

Price spread, last 4 days (all we have)−0.823%−$82 · spread now +0.043%, 7d avg −0.035%

Together, before fees−0.930%+ Points / potential airdropAster: Stage 5 · farm board−$93 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Aster is 0.079% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.043% now, against its 7-day average of −0.035%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.6 days. The two prices were read 69 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SKHYNIXUSDT	1,351.7	0.0100	pay 0.0013% / 1h	34m 21s	$141K	$259K	50x
Short	Aster SKHYNIXUSD1	1,352.3	0	get 0.0000% / 4h	34m 21s	$18.4M	$31.8M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against ApeX Omni. 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 ApeX OmnibpFee AsterbpOrdersPrice spread, now +0.043%Rate

Funding earned: −$21
Price spread: +0.043% → −0.035%: $7.87
Slippage, 4 orders: −$22.87
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Aster: 4 bp × 2 orders: −$8
Net: −$54
Costs to cover: 0.409%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 2 min ago; Aster: live order book, 5 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 ApeX Omni live order book, 2 min ago	8.50 bp	13.9 bp −$14	35.1 bp −$351	doesn't fit	doesn't fit
Sell Aster live order book, 5 min ago	0.37 bp	5.5 bp −$6	13.0 bp −$130	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	−0.0232%	4h	1,351.9	+0.013%	$3.3M	$430K	10x	as long as short
Aftermath Perps SKHYNIXUSD	−0.0058%	1h	1,352.4	+0.057%	$679	$36K	5x	as long as short
Aster SKHYNIXUSD1short	0.0000%	4h	1,352.3	+0.043%	$18.4M	$31.8M	20x
Extended SKHYNIX-USD	0.0000%	1h	1,352.1	+0.033%	$2.3M	$78K	10x	as long as short
Binance SKHYNIXUSDT	0.0000%	4h	1,352.9	+0.090%	$328.4M	$952.1M	50x	as long as short
Bybit SKHYNIXUSDT	0.0000%	8h	1,353.2	+0.112%	$19.1M	$30.9M	100x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,353.8	+0.156%	$140.5M	$77.0M	75x	as long as short
Bitget SKHYNIXUSDT	0.0000%	4h	1,353.1	+0.107%	$21.8M	$34.4M	20x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,352.7	+0.079%	$98K	$219K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,352.9	+0.091%	$1K	$484K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SKHYNIX-USDT	0.0000%	4h	1,353.2	+0.115%	$1.3M	$2.5M	50x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,352.8	+0.080%	$1.2M	$777K	10x	as long as short
BloFin SKHYNIX-USDT	+0.0059%	4h	1,352.4	+0.051%	$2.5M	$4.1M	50x	as long as short
Pacifica SKHYNIX	+0.0100%	1h	1,352.4	+0.053%	$102K	$433K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,352.1	+0.027%	$5.0M	$8.3M	20x	as long as short
ApeX Omni SKHYNIXUSDTlong	+0.0100%	1h	1,351.7	long leg	$141K	$259K	50x
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,352.7	+0.078%	$5K	$1K	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,353	+0.097%	$32K	—	10x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0322%	8h	1,353.2	+0.112%	$51.9M	$133.5M	50x	as long as short
SoDEX SKHX-USD	+0.0567%	1h	1,351.9	+0.017%	$262	$8K	10x	as long as short
tradeXYZ xyz:SKHX	+0.0742%	1h	1,351.1	−0.043%	$296.3M	$269.3M	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0919%	1h	1,352.4	+0.053%	$253K	$983K	10x	as long as short
Bullet SKHYNIX-USD	+0.0941%	1h	1,352.1	+0.030%	$13K	$467K	10x	as long as short