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

SKHYNIX

RWAall SKHYNIX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.004%
Price spread now: ApeX Omni against Bybit−0.083%49s7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$430.431% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.251%+$25 on $10k
Price spread, last 4 days (all we have)+0.178%+$18 · spread now −0.083%, 7d avg +0.013%
Together, before fees+0.429%+$43 on $10k · with fees, hour by hour
Funding pays, the price is against you. ApeX Omni is 0.096% cheaper against Bybit than usual: you would sell low and buy high (spread −0.083% now, against its 7-day average of +0.013%). If the spread goes back, that is −$10 on $10k: about 3.2 days of funding at the current rate (+$3 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SKHYNIXUSDT1,355.60get 0.0000% / 8h1h 24m$19.4M$30.6M100x
ShortApeX Omni SKHYNIXUSDT1,354.50.0100get 0.0013% / 1h24m 36s$141K$259K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Bybit. 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
$21
Price spread: −0.083% → +0.013%
−$9.59
Slippage, 4 orders
−$22.13
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$31.72
Costs to cover
0.431%
Break-even
17.6 days
Slippage from Bybit: live order book, 4 min ago; ApeX Omni: live order book, 17 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 Bybit live order book, 4 min ago0.04 bp8.0 bp −$814.0 bp −$14048.1 bp −$4,813doesn't fit
Sell ApeX Omni live order book, 17 min ago8.07 bp13.4 bp −$1340.5 bp −$405doesn'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−0.0066%4h1,354.6−0.070%$3.3M$428K10xas long as short
BloFin SKHYNIX-USDT−0.0003%4h1,354.8−0.058%$2.5M$4.0M50xas long as short
Aster SKHYNIXUSD10.0000%4h1,354.8−0.053%$18.3M$36.4M20xas long as short
Extended SKHYNIX-USD0.0000%1h1,354.7−0.066%$2.3M$78K10xas long as short
Binance SKHYNIXUSDT0.0000%4h1,355−0.043%$326.6M$923.8M50xas long as short
Bybit SKHYNIXUSDTlong0.0000%8h1,355.6long leg$19.4M$30.6M100x
Gate SKHYNIX_USDT0.0000%4h1,356.2+0.046%$142.5M$75.7M75xas long as short
GRVT SKHYNIX_USDT_Perp0.0000%4h1,355−0.039%$98K$215K10xas long as short
Bullet SKHYNIX-USD0.0000%1h1,355−0.042%$14K$470K10xas long as short
SunX SKHYNIX-USDT0.0000%4h1,355.3−0.018%$919$494K10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX SKHYNIX-USDT0.0000%4h1,355.8+0.014%$1.3M$2.5M50xas long as short
Phemex SKHYNIXUSDT0.0000%8h1,355−0.042%$1.2M$777K10xas long as short
Aftermath Perps SKHYNIXUSD+0.0008%1h1,355.3−0.023%$670$37K5xas long as short
tradeXYZ xyz:SKHX+0.0050%1h1,354.4−0.086%$292.0M$256.7M10xas long as short
Polymarket Perps SKHYNIX-USD+0.0050%1h1,355.2−0.027%$256K$982K10xas long as short
SoDEX SKHX-USD+0.0050%1h1,354.8−0.057%$721$8K10xas long as short
Pacifica SKHYNIX+0.0100%1h1,355.1−0.035%$103K$426K10xas long as short
KuCoin SKHYNIXUSDTM+0.0100%4h1,354.9−0.049%$5.0M$8.1M20xas long as short
ApeX Omni SKHYNIXUSDTshort+0.0100%1h1,354.5−0.083%$141K$259K50x
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,355.2−0.028%$4K$85810xas long as short
Aevo SKHX-PERP+0.0104%1h1,355.4−0.013%$32K10xas long as short
Bitget SKHYNIXUSDT+0.0154%4h1,355.5−0.009%$22.6M$33.1M20xas long as short
OKX SKHYNIX-USDT-SWAP+0.0262%8h1,355.5−0.005%$52.5M$129.9M50xas long as short