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 +0.031%

Price spread now: Binance against ApeX Omni+0.078%7-day average −0.054% · you sell dearer than you buy

Net, funding: paid 7d − costs−$42as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$380.381% of the position

Long on ApeX Omni Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.040%−$4 on $10k

Price spread, last 4 days (all we have)−0.017%−$2 · spread now +0.078%, 7d avg −0.054%

Together, before fees−0.057%−$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.131% dearer against ApeX Omni than usual: you sell high and buy low (spread +0.078% now, against its 7-day average of −0.054%): +$13 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 4.4 days. At the pace of the last 7 days (−0.040% in total) that is about 23 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SKHYNIXUSDT	1,352.4	0.0100	pay 0.0013% / 1h	33m 22s	$141K	$259K	50x
Short	Binance SKHYNIXUSDT	1,353.4	0	get 0.0000% / 4h	33m 22s	$328.6M	$952.5M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now +0.078%Rate

Funding earned: −$21
Price spread: +0.078% → −0.054%: $13.15
Slippage, 4 orders: −$18.1
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee Binance: 5 bp × 2 orders: −$10
Net: −$45.95
Costs to cover: 0.381%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 3 min ago; Binance: live order book, 11 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, 3 min ago	8.50 bp	13.9 bp −$14	35.1 bp −$351	doesn't fit	doesn't fit
Sell Binance live order book, 11 min ago	0.04 bp	5.7 bp −$6	7.4 bp −$74	13.4 bp −$1,339	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	−0.037%	$3.3M	$430K	10x	as long as short
Aftermath Perps SKHYNIXUSD	−0.0058%	1h	1,352.7	+0.023%	$699	$36K	5x	as long as short
Aster SKHYNIXUSD1	0.0000%	4h	1,352.3	−0.002%	$18.4M	$31.8M	20x	as long as short
Extended SKHYNIX-USD	0.0000%	1h	1,353	+0.046%	$2.3M	$78K	10x	as long as short
Binance SKHYNIXUSDTshort	0.0000%	4h	1,353.4	+0.078%	$328.6M	$952.5M	50x
Bybit SKHYNIXUSDT	0.0000%	8h	1,353.5	+0.087%	$19.1M	$31.0M	100x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,354.2	+0.137%	$140.5M	$77.0M	75x	as long as short
Bitget SKHYNIXUSDT	0.0000%	4h	1,353.5	+0.086%	$21.8M	$34.4M	20x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,352.9	+0.038%	$98K	$219K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,353.9	+0.112%	$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	+0.059%	$1.3M	$2.5M	50x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,353.2	+0.059%	$1.2M	$777K	10x	as long as short
BloFin SKHYNIX-USDT	+0.0059%	4h	1,352.4	+0.001%	$2.5M	$4.1M	50x	as long as short
Pacifica SKHYNIX	+0.0100%	1h	1,353	+0.050%	$102K	$433K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,352.4	+0.004%	$5.0M	$8.3M	20x	as long as short
ApeX Omni SKHYNIXUSDTlong	+0.0100%	1h	1,352.4	long leg	$141K	$259K	50x
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,353	+0.048%	$5K	$1K	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,353.9	+0.113%	$32K	—	10x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0331%	8h	1,353.2	+0.062%	$51.9M	$132.0M	50x	as long as short
SoDEX SKHX-USD	+0.0661%	1h	1,352.9	+0.041%	$257	$8K	10x	as long as short
tradeXYZ xyz:SKHX	+0.0771%	1h	1,351.8	−0.041%	$296.5M	$269.3M	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0949%	1h	1,352.6	+0.018%	$253K	$983K	10x	as long as short
Bullet SKHYNIX-USD	+0.0994%	1h	1,353.6	+0.092%	$13K	$467K	10x	as long as short