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

SKHYNIX

RWAall SKHYNIX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.1035%/8h= −113.4% APRpaid last 24h −0.118%
Price spread now: edgeX against Bullet−0.339%67s7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$320.324% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.071%−$7 on $10k
Price spread, last 4 days (all we have)+0.284%+$28 · spread now −0.339%, 7d avg −0.014%
Together, before fees+0.213%+ Points / potential airdropedgeX: Active · farm board+$21 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$31 a day on $10k at the current rate, and edgeX is 0.325% cheaper against Bullet than usual: you would sell low and buy high (−$33 if the spread goes back to its 7-day average of −0.014%). Swap the legs. The two prices were read 67 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.071% in total (about -7.5% 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
LongBullet SKHYNIX-USD1,365.70.0231pay 0.0029% / 1h9m 44s$16K$470K10x
ShortedgeX SKHYNIXUSDC1,361−0.0804pay 0.0402% / 4h2h 09m$3.3M$429K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Bullet. 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
−$217.4
Price spread: −0.339% → −0.014%
−$32.53
Slippage, 4 orders
−$15.43
Fee Bullet: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$282.36
Costs to cover
0.324%
Break-even
never at this rate
Slippage from Bullet: live order book, 39 min ago; edgeX: live order book, 4 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 Bullet live order book, 39 min ago0.36 bp6.3 bp −$621.2 bp −$212doesn't fitdoesn't fit
Sell edgeX live order book, 4 min ago5.33 bp10.1 bp −$1010.8 bp −$10850.5 bp −$5,053doesn'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 SKHYNIXUSDCshort−0.0804%4h1,361−0.339%$3.3M$429K10x
Aster SKHYNIXUSD10.0000%4h1,367.7+0.150%$18.6M$37.0M20xas long as short
Extended SKHYNIX-USD0.0000%1h1,366.2+0.041%$2.3M$78K10xas long as short
Binance SKHYNIXUSDT0.0000%4h1,367.6+0.145%$337.0M$884.7M50xas long as short
Bybit SKHYNIXUSDT0.0000%8h1,367.9+0.162%$19.6M$31.4M100xas long as short
Gate SKHYNIX_USDT0.0000%4h1,368.2+0.188%$143.5M$76.2M75xas long as short
SunX SKHYNIX-USDT0.0000%4h1,365.7+0.004%$1K$531K10xas long as short
HTX SKHYNIX-USDT0.0000%4h1,365.1−0.042%$1.3M$2.4M50xas long as short
Phemex SKHYNIXUSDT0.0000%8h1,366+0.023%$1.2M$776K10xas long as short
BloFin SKHYNIX-USDT+0.0039%4h1,365.7+0.004%$2.6M$4.0M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX SKHX-USD+0.0050%1h1,365.1−0.038%$726$8K10xas long as short
tradeXYZ xyz:SKHX+0.0083%1h1,366.1+0.033%$296.7M$249.3M10xas long as short
Pacifica SKHYNIX+0.0100%1h1,367.5+0.133%$104K$429K10xas long as short
KuCoin SKHYNIXUSDTM+0.0100%4h1,366.7+0.075%$5.0M$8.2M20xas long as short
ApeX Omni SKHYNIXUSDT+0.0100%1h1,362.1−0.260%$142K$259K50xas long as short
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,365.1−0.039%$5K$85810xas long as short
GRVT SKHYNIX_USDT_Perp+0.0102%4h1,358.9−0.498%$97K$213K10xas long as short
Aevo SKHX-PERP+0.0104%1h1,365.8+0.014%$32K10xas long as short
Aftermath Perps SKHYNIXUSD+0.0220%1h1,361.2−0.327%$668$37K5xas long as short
Bullet SKHYNIX-USDlong+0.0231%1h1,365.7long leg$16K$470K10x
Polymarket Perps SKHYNIX-USD+0.0238%1h1,365.8+0.011%$263K$996K10xas long as short
Bitget SKHYNIXUSDT+0.0262%4h1,368.3+0.196%$22.6M$32.2M20xas long as short
OKX SKHYNIX-USDT-SWAP+0.0376%8h1,368.1+0.179%$53.7M$126.6M50xas long as short