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−0.0100%/8h= −10.9% APRpaid last 24h −0.016%
Price spread now: Gate against ApeX Omni−0.250%66s7-day average −0.011% · you buy dearer than you sell
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$460.459% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.302%−$30 on $10k
Price spread, last 4 days (all we have)+0.124%+$12 · spread now −0.250%, 7d avg −0.011%
Together, before fees−0.178%−$18 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 Gate is 0.240% cheaper against ApeX Omni than usual: you would sell low and buy high (−$24 if the spread goes back to its 7-day average of −0.011%). Swap the legs. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni SKHYNIXUSDT1,410.50.0100pay 0.0013% / 1h46m 10s$147K$261K50x
ShortGate SKHYNIX_USDT1,4070get 0.0000% / 4h1h 46m$144.0M$63.6M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
−$21
Price spread: −0.250% → −0.011%
−$23.97
Slippage, 4 orders
−$20.9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$90.87
Costs to cover
0.459%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 16 min ago; Gate: 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, 16 min ago8.15 bp14.1 bp −$1436.4 bp −$364doesn't fitdoesn't fit
Sell Gate live order book, 3 min ago0.57 bp9.7 bp −$1018.7 bp −$18730.0 bp −$3,00054.1 bp −$27.1K

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−0.0808%4h1,410.8+0.019%$3.5M$403K10xas long as short
Aster SKHYNIXUSD10.0000%4h1,406.5−0.286%$18.8M$40.6M20xas long as short
Bybit SKHYNIXUSDT0.0000%8h1,406.9−0.255%$20.4M$33.3M100xas long as short
Gate SKHYNIX_USDTshort0.0000%4h1,407−0.250%$144.0M$63.6M75x
GRVT SKHYNIX_USDT_Perp0.0000%4h1,413.2+0.188%$102K$195K10xas long as short
SunX SKHYNIX-USDT0.0000%4h1,406.9−0.257%$1K$642K10xas long as short
HTX SKHYNIX-USDT0.0000%4h1,406.7−0.270%$1.3M$2.4M50xas long as short
Phemex SKHYNIXUSDT0.0000%8h1,406.9−0.255%$1.2M$768K10xas long as short
SoDEX SKHX-USD+0.0050%1h1,406.4−0.294%$748$8K10xas long as short
Extended SKHYNIX-USD+0.0064%1h1,405.9−0.327%$2.4M$71K10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SKHYNIXUSDT+0.0067%4h1,406−0.325%$350.7M$743.8M50xas long as short
BloFin SKHYNIX-USDT+0.0073%4h1,407.4−0.225%$4.1M50xas long as short
Pacifica SKHYNIX+0.0100%1h1,406.1−0.314%$126K$389K10xas long as short
KuCoin SKHYNIXUSDTM+0.0100%4h1,406.5−0.285%$5.2M$8.1M20xas long as short
ApeX Omni SKHYNIXUSDTlong+0.0100%1h1,410.5long leg$147K$261K50x
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,406.3−0.302%$5K$79810xas long as short
Aevo SKHX-PERP+0.0104%1h1,407−0.252%$33K10xas long as short
tradeXYZ xyz:SKHX+0.0286%1h1,406−0.321%$318.3M$203.9M10xas long as short
Bullet SKHYNIX-USD+0.0304%1h1,406.4−0.295%$15K$466K10xas long as short
Polymarket Perps SKHYNIX-USD+0.0331%1h1,406.6−0.279%$276K$1.0M10xas long as short
OKX SKHYNIX-USDT-SWAP+0.0334%8h1,407.4−0.222%$55.8M$114.0M50xas long as short
Bitget SKHYNIXUSDT+0.0340%4h1,406.7−0.275%$23.7M$25.7M20xas long as short
Aftermath Perps SKHYNIXUSD+0.0735%1h1,408.5−0.144%$737$38K5xas long as short