Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0118%/8h= −12.9% APRpaid last 24h +0.028%

Price spread now: BloFin against ApeX Omni−0.428%7-day average −0.034% · you buy dearer than you sell

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$75as in the Price arb table

costs, in and out, $10k−$360.358% of the position

Long on ApeX Omni Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.075%−$7 on $10k

Price spread, last 4 days (all we have)+0.340%+$34 · spread now −0.428%, 7d avg −0.034%

Together, before fees+0.265%+$27 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and BloFin is 0.394% cheaper against ApeX Omni than usual: you would sell low and buy high (−$39 if the spread goes back to its 7-day average of −0.034%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	ApeX Omni SKHYNIXUSDT	1,393.3	0.0100	pay 0.0013% / 1h	38m 20s	$145K	$260K	50x
Short	BloFin SKHYNIX-USDT	1,387.3	−0.0018	pay 0.0009% / 4h	3h 38m	$2.6M	$4.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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 BloFinbpOrdersPrice spread, now −0.428%Rate

Funding earned: −$24.8
Price spread: −0.428% → −0.034%: −$39.41
Slippage, 4 orders: −$13.82
Fee ApeX Omni: 5 bp × 2 orders: −$10
Fee BloFin: 6 bp × 2 orders: −$12
Net: −$100.03
Costs to cover: 0.358%
Break-even: never at this rate

Slippage from ApeX Omni: live order book, 13 min ago; BloFin: 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, 13 min ago	6.75 bp	11.8 bp −$12	34.9 bp −$349	doesn't fit	doesn't fit
Sell BloFin live order book, 5 min ago	0.04 bp	6.3 bp −$6	7.0 bp −$70	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	−0.0785%	4h	1,391.2	−0.146%	$3.4M	$372K	10x	as long as short
BloFin SKHYNIX-USDTshort	−0.0018%	4h	1,387.3	−0.428%	$2.6M	$4.1M	50x
Aster SKHYNIXUSD1	0.0000%	4h	1,388.1	−0.372%	$18.6M	$39.0M	20x	as long as short
Extended SKHYNIX-USD	0.0000%	1h	1,388	−0.376%	$2.4M	$71K	10x	as long as short
Binance SKHYNIXUSDT	0.0000%	4h	1,388.5	−0.341%	$345.4M	$778.3M	50x	as long as short
Bybit SKHYNIXUSDT	0.0000%	8h	1,389	−0.311%	$20.2M	$31.8M	100x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,388.6	−0.336%	$142.0M	$67.0M	75x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,390.9	−0.169%	$100K	$204K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,388.9	−0.318%	$867	$582K	10x	as long as short
HTX SKHYNIX-USDT	0.0000%	4h	1,387.7	−0.404%	$1.3M	$2.4M	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex SKHYNIXUSDT	0.0000%	8h	1,389.4	−0.280%	$1.2M	$772K	10x	as long as short
tradeXYZ xyz:SKHX	+0.0050%	1h	1,387	−0.451%	$306.4M	$222.4M	10x	as long as short
SoDEX SKHX-USD	+0.0050%	1h	1,388.3	−0.355%	$739	$8K	10x	as long as short
Bullet SKHYNIX-USD	+0.0054%	1h	1,388.2	−0.365%	$15K	$469K	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0062%	1h	1,388	−0.379%	$268K	$1.0M	10x	as long as short
Pacifica SKHYNIX	+0.0100%	1h	1,387.8	−0.397%	$121K	$395K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,387.8	−0.396%	$5.1M	$8.1M	20x	as long as short
ApeX Omni SKHYNIXUSDTlong	+0.0100%	1h	1,393.3	long leg	$145K	$260K	50x
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,388.4	−0.350%	$5K	$858	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,389	−0.311%	$33K	—	10x	as long as short
Bitget SKHYNIXUSDT	+0.0238%	4h	1,388.9	−0.317%	$22.9M	$27.7M	20x	as long as short
Aftermath Perps SKHYNIXUSD	+0.0243%	1h	1,390.8	−0.180%	$663	$37K	5x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0406%	8h	1,388.9	−0.314%	$54.6M	$114.0M	50x	as long as short