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

SKHYNIX

RWAall SKHYNIX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0483%/8h= +52.9% APRpaid last 24h +0.107%
Price spread now: Phemex against edgeX+0.100%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$175as in the Funding arb table
Net, price: spread back to 7d avg − costs−$108as in the Price arb table
costs, in and out, $10k−$1161.156% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.595%−$59 on $10k
Price spread, last 4 days (all we have)−0.135%−$14 · spread now +0.100%, 7d avg +0.029%
Together, before fees−0.730%+ Points / potential airdropedgeX: Active · farm board−$73 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Phemex is 0.071% dearer against edgeX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.029%. Mind the row above: over the last 7 days funding on this pair cost −0.595%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SKHYNIXUSDC1,358.5−0.0483get 0.0241% / 4h1h 43m$3.3M$431K10x
ShortPhemex SKHYNIXUSDT1,359.90get 0.0000% / 8h5h 43m$1.2M$786K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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
$101.36
Price spread: +0.100% → +0.029%
$7.14
Slippage, 4 orders
−$94.56
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$7.07
Costs to cover
1.156%
Break-even
7.5 days
Slippage from edgeX: live order book, 4 min ago; Phemex: live order book, 2 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, 4 min ago10.07 bp15.1 bp −$1527.8 bp −$27884.7 bp −$8,470doesn't fit
Sell Phemex live order book, 2 min ago0.41 bp37.2 bp −$37doesn't fitdoesn't fitdoesn't fit

SKHYNIX on 23 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bullet SKHYNIX-USD−0.1125%1h1,359.7+0.086%$15K$466K10xas long as short
tradeXYZ xyz:SKHX−0.1031%1h1,360.2+0.122%$299.7M$306.0M10xas long as short
Polymarket Perps SKHYNIX-USD−0.0970%1h1,360+0.108%$242K$964K10xas long as short
SoDEX SKHX-USD−0.0711%1h1,360+0.109%$397$8K10xas long as short
edgeX SKHYNIXUSDClong−0.0483%4h1,358.5long leg$3.3M$431K10x
Aftermath Perps SKHYNIXUSD−0.0127%1h1,359.2+0.049%$769$32K5xas long as short
Bybit SKHYNIXUSDT0.0000%8h1,360.4+0.133%$18.5M$33.1M100xas long as short
OKX SKHYNIX-USDT-SWAP0.0000%8h1,360+0.108%$51.0M$149.4M50xas long as short
SunX SKHYNIX-USDT0.0000%4h1,358.5−0.001%$777$421K10xas long as short
Phemex SKHYNIXUSDTshort0.0000%8h1,359.9+0.100%$1.2M$786K10x
Show all 23 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate SKHYNIX_USDT+0.0058%4h1,360.6+0.152%$138.8M$79.5M75xas long as short
Pacifica SKHYNIX+0.0100%1h1,359.9+0.100%$125K$476K10xas long as short
KuCoin SKHYNIXUSDTM+0.0100%4h1,359.2+0.047%$5.1M$8.4M20xas long as short
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,359.5+0.073%$5K$1K10xas long as short
Aevo SKHX-PERP+0.0104%1h1,360.4+0.138%$32K10xas long as short
Aster SKHYNIXUSD1+0.0165%4h1,359.9+0.099%$18.2M$22.8M20xas long as short
Bitget SKHYNIXUSDT+0.0378%4h1,360.3+0.130%$21.9M$39.4M20xas long as short
BloFin SKHYNIX-USDT+0.0454%4h1,359.6+0.078%$2.5M$4.2M50xas long as short
Binance SKHYNIXUSDT+0.0492%4h1,359.6+0.080%$325.9M$1.04B50xas long as short
Extended SKHYNIX-USD+0.0496%1h1,359.2+0.046%$2.3M$85K10xas long as short
ApeX Omni SKHYNIXUSDT+0.1009%1h1,359+0.036%$147K$263K50xas long as short
HTX SKHYNIX-USDT+0.1225%4h1,359.1+0.043%$1.3M$3.0M50xas long as short
GRVT SKHYNIX_USDT_Perp+0.1830%4h1,362.1+0.261%$99K$209K10xas long as short