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

SKHYNIX

RWAall SKHYNIX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0662%/8h= −72.5% APRpaid last 24h −0.099%
Price spread now: edgeX against ApeX Omni−0.096%7-day average −0.038% · you buy dearer than you sell
Net, funding: paid 7d − costs+$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$380.376% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.384%+$38 on $10k
Price spread, last 4 days (all we have)+0.117%+$12 · spread now −0.096%, 7d avg −0.038%
Together, before fees+0.501%+ Points / potential airdropedgeX: Active · farm board+$50 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and edgeX is 0.058% cheaper against ApeX Omni than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.038%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.384%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.384% in total (about 20.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SKHYNIXUSDT1,410.70.0100pay 0.0013% / 1h25m 40s$147K$261K50x
ShortedgeX SKHYNIXUSDC1,409.3−0.0562pay 0.0281% / 4h1h 25m$3.5M$395K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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

Funding earned
−$138.99
Price spread: −0.096% → −0.038%
−$5.76
Slippage, 4 orders
−$18.56
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$182.3
Costs to cover
0.376%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 36 min ago; edgeX: live order book, 3 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 ApeX Omni live order book, 36 min ago8.15 bp14.1 bp −$1436.4 bp −$364doesn't fitdoesn't fit
Sell edgeX live order book, 3 min ago0.35 bp4.9 bp −$55.6 bp −$5655.3 bp −$5,533doesn'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 SKHYNIXUSDCshort−0.0562%4h1,409.3−0.096%$3.5M$395K10x
BloFin SKHYNIX-USDT−0.0004%4h1,406.8−0.275%$2.7M$4.1M50xas long as short
Aster SKHYNIXUSD10.0000%4h1,407.4−0.228%$18.9M$39.9M20xas long as short
Bybit SKHYNIXUSDT0.0000%8h1,408.4−0.164%$20.4M$33.1M100xas long as short
Gate SKHYNIX_USDT0.0000%4h1,408.4−0.159%$143.9M$64.2M75xas long as short
GRVT SKHYNIX_USDT_Perp0.0000%4h1,409.5−0.083%$102K$194K10xas long as short
SunX SKHYNIX-USDT0.0000%4h1,407.5−0.225%$1K$640K10xas long as short
HTX SKHYNIX-USDT0.0000%4h1,407.9−0.197%$1.3M$2.4M50xas long as short
Phemex SKHYNIXUSDT0.0000%8h1,408.4−0.164%$1.2M$768K10xas long as short
Binance SKHYNIXUSDT+0.0016%4h1,407.7−0.211%$351.4M$749.4M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended SKHYNIX-USD+0.0016%1h1,407.3−0.240%$2.4M$71K10xas long as short
SoDEX SKHX-USD+0.0050%1h1,407.3−0.236%$749$8K10xas long as short
Pacifica SKHYNIX+0.0100%1h1,407.7−0.210%$126K$389K10xas long as short
KuCoin SKHYNIXUSDTM+0.0100%4h1,407.8−0.204%$5.2M$8.1M20xas long as short
ApeX Omni SKHYNIXUSDTlong+0.0100%1h1,410.7long leg$147K$261K50x
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,406.9−0.265%$5K$79810xas long as short
Aevo SKHX-PERP+0.0104%1h1,408−0.186%$33K10xas long as short
tradeXYZ xyz:SKHX+0.0156%1h1,407.1−0.252%$317.2M$205.8M10xas long as short
Bullet SKHYNIX-USD+0.0199%1h1,407.3−0.237%$15K$467K10xas long as short
Polymarket Perps SKHYNIX-USD+0.0218%1h1,407.2−0.245%$276K$1.0M10xas long as short
Bitget SKHYNIXUSDT+0.0332%4h1,408−0.189%$23.4M$26.0M20xas long as short
OKX SKHYNIX-USDT-SWAP+0.0333%8h1,408.2−0.174%$55.8M$114.4M50xas long as short
Aftermath Perps SKHYNIXUSD+0.0574%1h1,407.6−0.219%$671$38K5xas long as short