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

SKHYNIX

RWAall SKHYNIX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0027%/8h= +3.0% APRnext payment +$0.14 per $10,000 · paid last 24h −0.100%
Price spread now: SunX against BloFin−0.043%55s7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$760.762% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.380%−$38 on $10k
Price spread, last 4 days (all we have)+0.130%+$13 · spread now −0.043%, 7d avg +0.003%
Together, before fees−0.250%−$25 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.045% cheaper against BloFin than usual: you would sell low and buy high (spread −0.043% now, against its 7-day average of +0.003%). If the spread goes back, that is −$5 on $10k: about 5.5 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.380%, so the current rate has only just turned in your favour. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SKHYNIX-USDT1,410.3−0.0027get 0.0014% / 4h33m 55s$2.7M$4.1M50x
ShortSunX SKHYNIX-USDT1,409.70get 0.0000% / 4h33m 55s$1K$617K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against BloFin. 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
$5.74
Price spread: −0.043% → +0.003%
−$4.52
Slippage, 4 orders
−$56.15
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$74.94
Costs to cover
0.762%
Break-even
98.4 days
Slippage from BloFin: live order book, 5 min ago; SunX: live order book, 57 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 BloFin live order book, 5 min ago0.04 bp6.0 bp −$67.0 bp −$7011.5 bp −$1,153doesn't fit
Sell SunX live order book, 57 min ago28.04 bp32.0 bp −$32doesn't fitdoesn't fitdoesn'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−0.0123%4h1,410.4+0.010%$3.5M$373K10xas long as short
BloFin SKHYNIX-USDTlong−0.0027%4h1,410.3long leg$2.7M$4.1M50x
Aster SKHYNIXUSD10.0000%4h1,410.7+0.032%$18.8M$39.8M20xas long as short
Extended SKHYNIX-USD0.0000%1h1,410.6+0.024%$2.4M$71K10xas long as short
Binance SKHYNIXUSDT0.0000%4h1,410.9+0.042%$349.7M$751.1M50xas long as short
Bybit SKHYNIXUSDT0.0000%8h1,411.5+0.089%$20.5M$31.9M100xas long as short
Gate SKHYNIX_USDT0.0000%4h1,412.1+0.128%$143.3M$64.5M75xas long as short
GRVT SKHYNIX_USDT_Perp0.0000%4h1,410.7+0.032%$102K$198K10xas long as short
SunX SKHYNIX-USDTshort0.0000%4h1,409.7−0.043%$1K$617K10x
HTX SKHYNIX-USDT0.0000%4h1,410.3+0.001%$1.3M$2.4M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex SKHYNIXUSDT0.0000%8h1,411.6+0.094%$1.2M$766K10xas long as short
Bullet SKHYNIX-USD+0.0021%1h1,410.3+0.001%$14K$470K10xas long as short
tradeXYZ xyz:SKHX+0.0050%1h1,410.3+0.001%$317.4M$208.4M10xas long as short
Polymarket Perps SKHYNIX-USD+0.0050%1h1,410.3+0.001%$276K$1.0M10xas long as short
SoDEX SKHX-USD+0.0050%1h1,410.8+0.033%$751$8K10xas long as short
Pacifica SKHYNIX+0.0100%1h1,410.1−0.013%$128K$386K10xas long as short
KuCoin SKHYNIXUSDTM+0.0100%4h1,410.7+0.033%$5.2M$8.1M20xas long as short
ApeX Omni SKHYNIXUSDT+0.0100%1h1,410.8+0.037%$147K$260K50xas long as short
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,410.9+0.040%$5K$79810xas long as short
Aevo SKHX-PERP+0.0104%1h1,411.6+0.093%$33K10xas long as short
Bitget SKHYNIXUSDT+0.0246%4h1,411.5+0.085%$23.4M$26.1M20xas long as short
Aftermath Perps SKHYNIXUSD+0.0305%1h1,410−0.023%$672$38K5xas long as short
OKX SKHYNIX-USDT-SWAP+0.0339%8h1,411.6+0.094%$56.0M$114.4M50xas long as short