Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.072%

Price spread now: Bybit against Binance+0.054%7-day average +0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$52as in the Funding arb table

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

costs, in and out, $10k−$240.241% of the position

Long on Binance Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.281%−$28 on $10k

Price spread, last 7 days−0.100%−$10 · spread now +0.054%, 7d avg +0.002%

Together, before fees−0.381%−$38 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.052% dearer against Binance than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SKHYNIXUSDT	1,410.3	0	get 0.0000% / 4h	37m 11s	$349.6M	$750.6M	50x
Short	Bybit SKHYNIXUSDT	1,411.1	0	get 0.0000% / 8h	4h 37m	$20.5M	$32.0M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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 BinancebpFee BybitbpOrdersPrice spread, now +0.054%Rate

Funding earned: $0
Price spread: +0.054% → +0.002%: $5.24
Slippage, 4 orders: −$3.12
Fee Binance: 5 bp × 2 orders: −$10
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$18.87
Costs to cover: 0.241%
Break-even: never at this rate

Slippage from Binance: live order book, 7 min ago; Bybit: live order book, 2 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 Binance live order book, 7 min ago	0.04 bp	5.0 bp −$5	5.5 bp −$55	13.3 bp −$1,330	doesn't fit
Sell Bybit live order book, 2 min ago	0.04 bp	5.9 bp −$6	8.7 bp −$87	41.1 bp −$4,107	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	−0.0487%	4h	1,410	−0.022%	$3.5M	$372K	10x	as long as short
BloFin SKHYNIX-USDT	−0.0008%	4h	1,410.6	+0.016%	$2.7M	$4.1M	50x	as long as short
Aster SKHYNIXUSD1	0.0000%	4h	1,410.8	+0.033%	$18.8M	$39.8M	20x	as long as short
Extended SKHYNIX-USD	0.0000%	1h	1,410	−0.020%	$2.4M	$71K	10x	as long as short
Binance SKHYNIXUSDTlong	0.0000%	4h	1,410.3	long leg	$349.6M	$750.6M	50x
Bybit SKHYNIXUSDTshort	0.0000%	8h	1,411.1	+0.054%	$20.5M	$32.0M	100x
Gate SKHYNIX_USDT	0.0000%	4h	1,411.6	+0.088%	$143.3M	$64.4M	75x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,411.7	+0.097%	$102K	$198K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,410	−0.025%	$979	$618K	10x	as long as short
HTX SKHYNIX-USDT	0.0000%	4h	1,412	+0.120%	$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	1,411.1	+0.055%	$1.2M	$766K	10x	as long as short
Bullet SKHYNIX-USD	+0.0019%	1h	1,410.8	+0.033%	$15K	$470K	10x	as long as short
tradeXYZ xyz:SKHX	+0.0050%	1h	1,409.9	−0.030%	$317.3M	$208.4M	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0050%	1h	1,410.8	+0.033%	$276K	$1.0M	10x	as long as short
SoDEX SKHX-USD	+0.0050%	1h	1,410.7	+0.026%	$750	$8K	10x	as long as short
Pacifica SKHYNIX	+0.0100%	1h	1,410.9	+0.041%	$128K	$386K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,410.4	+0.007%	$5.2M	$8.0M	20x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,410.7	+0.023%	$147K	$260K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,410.6	+0.016%	$5K	$798	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,411.1	+0.058%	$33K	—	10x	as long as short
Bitget SKHYNIXUSDT	+0.0250%	4h	1,410.9	+0.041%	$23.4M	$26.1M	20x	as long as short
Aftermath Perps SKHYNIXUSD	+0.0311%	1h	1,410.4	+0.006%	$672	$38K	5x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0337%	8h	1,411.2	+0.062%	$55.9M	$114.4M	50x	as long as short