Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0191%/8h= +20.9% APRpaid last 24h +0.003%

Price spread now: OKX against Aster+0.055%7-day average +0.008% · you sell dearer than you buy

Net, funding: paid 7d − costs−$22as in the Funding arb table

Net, price: spread back to 7d avg − costs−$19as in the Price arb table

costs, in and out, $10k−$240.240% of the position

Long on Aster Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.020%+$2 on $10k

Price spread, last 7 days−0.095%−$9 · spread now +0.055%, 7d avg +0.008%

Together, before fees−0.075%+ Points / potential airdropAster: Stage 5 · farm board−$7 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and OKX is 0.047% dearer against Aster than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.008%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.020% in total (about 1.0% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SKHYNIXUSD1	1,382.5	0.0094	pay 0.0047% / 4h	13m 02s	$18.4M	$42.8M	20x
Short	OKX SKHYNIX-USDT-SWAP	1,383.3	0.0284	get 0.0284% / 8h	13m 02s	$52.5M	$112.6M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Aster. 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 AsterbpFee OKXbpOrdersPrice spread, now +0.055%Rate

Funding earned: $40.05
Price spread: +0.055% → +0.008%: $4.7
Slippage, 4 orders: −$5.98
Fee Aster: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: $20.77
Costs to cover: 0.240%
Break-even: 3.4 days

Slippage from Aster: live order book, 6 min ago; OKX: live order book, 1 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 Aster live order book, 6 min ago	1.81 bp	6.3 bp −$6	7.9 bp −$79	doesn't fit	doesn't fit
Sell OKX live order book, 1 min ago	0.36 bp	5.8 bp −$6	7.3 bp −$73	19.1 bp −$1,913	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	−0.0426%	4h	1,382.6	+0.005%	$3.4M	$432K	10x	as long as short
Bullet SKHYNIX-USD	0.0000%	1h	1,382.4	−0.010%	$15K	$467K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,382.6	+0.007%	$1K	$887K	10x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,382.7	+0.010%	$1.2M	$769K	10x	as long as short
SoDEX SKHX-USD	+0.0026%	1h	1,383.2	+0.044%	$736	$8K	10x	as long as short
tradeXYZ xyz:SKHX	+0.0050%	1h	1,383.2	+0.048%	$343.9M	$189.3M	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0050%	1h	1,382.9	+0.026%	$266K	$1.7M	10x	as long as short
Aster SKHYNIXUSD1long	+0.0094%	4h	1,382.5	long leg	$18.4M	$42.8M	20x
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,383.6	+0.075%	$144K	$263K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,382.7	+0.012%	$5K	$1K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo SKHX-PERP	+0.0104%	1h	1,383.4	+0.063%	$32K	—	10x	as long as short
Bitget SKHYNIXUSDT	+0.0120%	4h	1,383.5	+0.068%	$24.0M	$26.8M	20x	as long as short
Gate SKHYNIX_USDT	+0.0124%	4h	1,383.7	+0.082%	$136.7M	$73.6M	75x	as long as short
HTX SKHYNIX-USDT	+0.0152%	4h	1,382.4	−0.010%	$1.2M	$2.2M	50x	as long as short
KuCoin SKHYNIXUSDTM	+0.0186%	4h	1,383.2	+0.051%	$5.1M	$8.2M	20x	as long as short
OKX SKHYNIX-USDT-SWAPshort	+0.0284%	8h	1,383.3	+0.055%	$52.5M	$112.6M	50x
Bybit SKHYNIXUSDT	+0.0298%	8h	1,383.1	+0.044%	$20.4M	$36.1M	100x	as long as short
Extended SKHYNIX-USD	+0.0312%	1h	1,382	−0.042%	$2.4M	$225K	10x	as long as short
Binance SKHYNIXUSDT	+0.0314%	4h	1,382.4	−0.007%	$352.8M	$740.6M	50x	as long as short
BloFin SKHYNIX-USDT	+0.0323%	4h	1,382.7	+0.014%	$2.5M	$4.1M	50x	as long as short
GRVT SKHYNIX_USDT_Perp	+0.0442%	4h	1,384	+0.103%	$105K	$208K	10x	as long as short
Pacifica SKHYNIX	+0.0621%	1h	1,382.6	+0.004%	$148K	$407K	10x	as long as short
Aftermath Perps SKHYNIXUSD	+0.0766%	1h	1,382.8	+0.018%	$673	$39K	5x	as long as short