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+0.0433%/8h= +47.4% APRpaid last 24h +0.072%
Price spread now: Bullet against edgeX+0.095%67s7-day average +0.014% · you sell dearer than you buy
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−$220.225% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.050%+$5 on $10k
Price spread, last 4 days (all we have)−0.008%−$1 · spread now +0.095%, 7d avg +0.014%
Together, before fees+0.042%+ Points / potential airdropedgeX: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Bullet is 0.081% dearer against edgeX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.014%. 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 0.050% in total (about 5.4% 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 SKHYNIXUSDC1,407.7−0.0350get 0.0175% / 4h11m 52s$3.5M$375K10x
ShortBullet SKHYNIX-USD1,4090.0083get 0.0010% / 1h11m 52s$14K$470K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bullet 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
$90.91
Price spread: +0.095% → +0.014%
$8.1
Slippage, 4 orders
−$5.47
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bullet: 4 bp × 2 orders
−$8
Net
$76.54
Costs to cover
0.225%
Break-even
1.1 days
Slippage from edgeX: live order book, 2 min ago; Bullet: live order book, 47 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, 2 min ago0.21 bp4.7 bp −$55.4 bp −$5452.3 bp −$5,234doesn't fit
Sell Bullet live order book, 47 min ago0.71 bp6.5 bp −$721.1 bp −$211doesn'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−0.0350%4h1,407.7long leg$3.5M$375K10x
BloFin SKHYNIX-USDT−0.0058%4h1,409+0.095%$2.7M$4.1M50xas long as short
Aster SKHYNIXUSD10.0000%4h1,409.3+0.118%$18.8M$39.8M20xas long as short
Extended SKHYNIX-USD0.0000%1h1,408.6+0.064%$2.4M$71K10xas long as short
Binance SKHYNIXUSDT0.0000%4h1,409+0.096%$349.1M$755.0M50xas long as short
Bybit SKHYNIXUSDT0.0000%8h1,409.6+0.140%$20.5M$31.7M100xas long as short
Gate SKHYNIX_USDT0.0000%4h1,409.9+0.158%$143.3M$65.2M75xas long as short
GRVT SKHYNIX_USDT_Perp0.0000%4h1,408.9+0.089%$101K$200K10xas long as short
SunX SKHYNIX-USDT0.0000%4h1,409.5+0.133%$1K$608K10xas long as short
HTX SKHYNIX-USDT0.0000%4h1,409.9+0.161%$1.3M$2.4M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex SKHYNIXUSDT0.0000%8h1,409.5+0.131%$1.2M$769K10xas long as short
SoDEX SKHX-USD+0.0050%1h1,409+0.095%$750$8K10xas long as short
tradeXYZ xyz:SKHX+0.0060%1h1,408.6+0.066%$315.2M$211.1M10xas long as short
Bullet SKHYNIX-USDshort+0.0083%1h1,409+0.095%$14K$470K10x
Polymarket Perps SKHYNIX-USD+0.0092%1h1,409.2+0.109%$276K$1.0M10xas long as short
Pacifica SKHYNIX+0.0100%1h1,408.9+0.090%$127K$385K10xas long as short
KuCoin SKHYNIXUSDTM+0.0100%4h1,408.9+0.085%$5.2M$8.0M20xas long as short
ApeX Omni SKHYNIXUSDT+0.0100%1h1,408.1+0.032%$147K$260K50xas long as short
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,408.9+0.087%$5K$79810xas long as short
Aevo SKHX-PERP+0.0104%1h1,409.7+0.145%$33K10xas long as short
Bitget SKHYNIXUSDT+0.0234%4h1,409.4+0.123%$23.3M$26.3M20xas long as short
Aftermath Perps SKHYNIXUSD+0.0270%1h1,408.8+0.081%$672$38K5xas long as short
OKX SKHYNIX-USDT-SWAP+0.0360%8h1,409.8+0.152%$55.8M$114.5M50xas long as short