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+0.0662%/8h= +72.5% APRpaid last 24h +0.099%
Price spread now: ApeX Omni against edgeX+0.096%7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$76as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$380.376% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.384%−$38 on $10k
Price spread, last 4 days (all we have)−0.117%−$12 · spread now +0.096%, 7d avg +0.038%
Together, before fees−0.501%+ Points / potential airdropedgeX: Active · farm board−$50 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and ApeX Omni is 0.058% dearer against edgeX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.038%. Mind the row above: over the last 7 days funding on this pair cost −0.384%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.384% in total (about -20.0% 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
LongedgeX SKHYNIXUSDC1,409.3−0.0562get 0.0281% / 4h1h 25m$3.5M$395K10x
ShortApeX Omni SKHYNIXUSDT1,410.70.0100get 0.0013% / 1h25m 37s$147K$261K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against edgeX. 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
$138.99
Price spread: +0.096% → +0.038%
$5.76
Slippage, 4 orders
−$18.56
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$107.2
Costs to cover
0.376%
Break-even
1.6 days
Slippage from edgeX: live order book, 3 min ago; ApeX Omni: live order book, 36 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 edgeX live order book, 3 min ago0.35 bp4.9 bp −$55.6 bp −$5655.6 bp −$5,564doesn't fit
Sell ApeX Omni live order book, 36 min ago8.15 bp13.6 bp −$1440.1 bp −$401doesn'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 SKHYNIXUSDClong−0.0562%4h1,409.3long leg$3.5M$395K10x
BloFin SKHYNIX-USDT−0.0004%4h1,406.8−0.179%$2.7M$4.1M50xas long as short
Aster SKHYNIXUSD10.0000%4h1,407.4−0.132%$18.9M$39.9M20xas long as short
Bybit SKHYNIXUSDT0.0000%8h1,408.4−0.068%$20.4M$33.1M100xas long as short
Gate SKHYNIX_USDT0.0000%4h1,408.4−0.064%$143.9M$64.2M75xas long as short
GRVT SKHYNIX_USDT_Perp0.0000%4h1,409.5+0.013%$102K$194K10xas long as short
SunX SKHYNIX-USDT0.0000%4h1,407.5−0.129%$1K$640K10xas long as short
HTX SKHYNIX-USDT0.0000%4h1,407.9−0.101%$1.3M$2.4M50xas long as short
Phemex SKHYNIXUSDT0.0000%8h1,408.4−0.068%$1.2M$768K10xas long as short
Binance SKHYNIXUSDT+0.0016%4h1,407.7−0.115%$351.4M$749.4M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended SKHYNIX-USD+0.0016%1h1,407.3−0.144%$2.4M$71K10xas long as short
SoDEX SKHX-USD+0.0050%1h1,407.3−0.140%$749$8K10xas long as short
Pacifica SKHYNIX+0.0100%1h1,407.7−0.114%$126K$389K10xas long as short
KuCoin SKHYNIXUSDTM+0.0100%4h1,407.8−0.108%$5.2M$8.1M20xas long as short
ApeX Omni SKHYNIXUSDTshort+0.0100%1h1,410.7+0.096%$147K$261K50x
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,406.9−0.169%$5K$79810xas long as short
Aevo SKHX-PERP+0.0104%1h1,408−0.090%$33K10xas long as short
tradeXYZ xyz:SKHX+0.0156%1h1,407.1−0.157%$317.2M$205.8M10xas long as short
Bullet SKHYNIX-USD+0.0199%1h1,407.3−0.141%$15K$467K10xas long as short
Polymarket Perps SKHYNIX-USD+0.0218%1h1,407.2−0.149%$276K$1.0M10xas long as short
Bitget SKHYNIXUSDT+0.0332%4h1,408−0.093%$23.4M$26.0M20xas long as short
OKX SKHYNIX-USDT-SWAP+0.0333%8h1,408.2−0.078%$55.8M$114.4M50xas long as short
Aftermath Perps SKHYNIXUSD+0.0574%1h1,407.6−0.123%$671$38K5xas long as short