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+0.0264%/8h= +28.9% APRpaid last 24h −0.093%
Price spread now: Polymarket Perps against Binance+0.028%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$16as in the Funding arb table
Net, price: spread back to 7d avg − costs−$18as in the Price arb table
costs, in and out, $10k−$230.229% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.067%+$7 on $10k
Price spread, last 7 days+0.062%+$6 · spread now +0.028%, 7d avg −0.026%
Together, before fees+0.129%+$13 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Polymarket Perps is 0.054% dearer against Binance than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.026%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.067% in total (about 3.5% 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
LongBinance SKHYNIXUSDT1,406.20.0067pay 0.0034% / 4h1h 46m$350.8M$743.8M50x
ShortPolymarket Perps SKHYNIX-USD1,406.60.0331get 0.0041% / 1h46m 28s$276K$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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

Funding earned
$55.34
Price spread: +0.028% → −0.026%
$5.37
Slippage, 4 orders
−$4.91
Fee Binance: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$37.8
Costs to cover
0.229%
Break-even
2.2 days
Slippage from Binance: live order book, 12 min ago; Polymarket Perps: live order book, 2 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 Binance live order book, 12 min ago0.04 bp5.6 bp −$67.4 bp −$7412.0 bp −$1,201doesn't fit
Sell Polymarket Perps live order book, 2 min ago1.42 bp5.4 bp −$55.5 bp −$558.5 bp −$847doesn'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 SKHYNIXUSDC−0.0808%4h1,410.8+0.326%$3.5M$403K10xas long as short
Aster SKHYNIXUSD10.0000%4h1,406.5+0.021%$18.8M$40.6M20xas long as short
Bybit SKHYNIXUSDT0.0000%8h1,407.2+0.071%$20.4M$33.3M100xas long as short
Gate SKHYNIX_USDT0.0000%4h1,407+0.056%$144.0M$63.6M75xas long as short
GRVT SKHYNIX_USDT_Perp0.0000%4h1,413.2+0.496%$102K$195K10xas long as short
SunX SKHYNIX-USDT0.0000%4h1,406.9+0.050%$1K$642K10xas long as short
HTX SKHYNIX-USDT0.0000%4h1,409.3+0.217%$1.3M$2.4M50xas long as short
Phemex SKHYNIXUSDT0.0000%8h1,407.4+0.087%$1.2M$768K10xas long as short
SoDEX SKHX-USD+0.0050%1h1,407.2+0.071%$749$8K10xas long as short
Extended SKHYNIX-USD+0.0064%1h1,405.5−0.054%$2.4M$71K10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SKHYNIXUSDTlong+0.0067%4h1,406.2long leg$350.8M$743.8M50x
BloFin SKHYNIX-USDT+0.0073%4h1,407.4+0.081%$4.1M50xas long as short
Pacifica SKHYNIX+0.0100%1h1,406.1−0.008%$126K$389K10xas long as short
KuCoin SKHYNIXUSDTM+0.0100%4h1,406.5+0.017%$5.2M$8.1M20xas long as short
ApeX Omni SKHYNIXUSDT+0.0100%1h1,410.5+0.307%$147K$261K50xas long as short
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,406.3+0.004%$5K$79810xas long as short
Aevo SKHX-PERP+0.0104%1h1,407+0.054%$33K10xas long as short
tradeXYZ xyz:SKHX+0.0286%1h1,406−0.015%$318.3M$203.9M10xas long as short
Bullet SKHYNIX-USD+0.0304%1h1,406.4+0.011%$15K$466K10xas long as short
Polymarket Perps SKHYNIX-USDshort+0.0331%1h1,406.6+0.028%$276K$1.0M10x
OKX SKHYNIX-USDT-SWAP+0.0334%8h1,407+0.056%$55.8M$113.9M50xas long as short
Bitget SKHYNIXUSDT+0.0340%4h1,406.8+0.040%$23.7M$25.7M20xas long as short
Aftermath Perps SKHYNIXUSD+0.0735%1h1,408.5+0.163%$737$38K5xas long as short