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

SKHYNIX

RWAall SKHYNIX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0971%/8h= +106.3% APRpaid last 24h +0.083%
Price spread now: Polymarket Perps against edgeX+0.233%64s7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$330.327% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.317%−$32 on $10k
Price spread, last 7 days−0.055%−$5 · spread now +0.233%, 7d avg +0.007%
Together, before fees−0.372%+ Points / potential airdropedgeX: Active · farm board−$37 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and Polymarket Perps is 0.226% dearer against edgeX than usual: you sell high and buy low: +$23 more if the spread goes back to its 7-day average of +0.007%. Mind the row above: over the last 7 days funding on this pair cost −0.317%, so the current rate has only just turned in your favour. The two prices were read 64 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 7 days it paid -0.317% in total (about -16.5% 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
LongedgeX SKHYNIXUSDC1,404.8−0.0818get 0.0409% / 4h2h 13m$3.4M$399K10x
ShortPolymarket Perps SKHYNIX-USD1,408.10.0153get 0.0019% / 1h13m 53s$288K$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
$203.91
Price spread: +0.233% → +0.007%
$22.57
Slippage, 4 orders
−$15.69
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$193.79
Costs to cover
0.327%
Break-even
0.3 days
Slippage from edgeX: live order book, 5 min ago; Polymarket Perps: live order book, 24 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, 5 min ago5.34 bp9.9 bp −$1010.5 bp −$10559.7 bp −$5,969doesn't fit
Sell Polymarket Perps live order book, 24 min ago2.13 bp6.8 bp −$77.5 bp −$759.7 bp −$968doesn't fit

SKHYNIX on 22 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−0.0818%4h1,404.8long leg$3.4M$399K10x
Aster SKHYNIXUSD10.0000%4h1,408.6+0.268%$18.9M$40.8M20xas long as short
Bybit SKHYNIXUSDT0.0000%8h1,408.3+0.248%$20.5M$33.3M100xas long as short
Gate SKHYNIX_USDT0.0000%4h1,408.5+0.261%$142.4M$64.0M75xas long as short
GRVT SKHYNIX_USDT_Perp0.0000%4h1,405.7+0.061%$102K$196K10xas long as short
SunX SKHYNIX-USDT0.0000%4h1,408.4+0.256%$923$662K10xas long as short
HTX SKHYNIX-USDT0.0000%4h1,409.1+0.305%$1.3M$2.3M50xas long as short
Phemex SKHYNIXUSDT0.0000%8h1,408.6+0.268%$1.2M$768K10xas long as short
Extended SKHYNIX-USD+0.0040%1h1,407.2+0.170%$2.4M$71K10xas long as short
Binance SKHYNIXUSDT+0.0042%4h1,407.7+0.206%$350.6M$744.0M50xas long as short
Show all 22 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX SKHX-USD+0.0050%1h1,408+0.226%$749$8K10xas long as short
Bullet SKHYNIX-USD+0.0067%1h1,408.4+0.254%$15K$466K10xas long as short
Pacifica SKHYNIX+0.0100%1h1,408.5+0.258%$129K$391K10xas long as short
KuCoin SKHYNIXUSDTM+0.0100%4h1,408+0.225%$5.2M$8.1M20xas long as short
ApeX Omni SKHYNIXUSDT+0.0100%1h1,405.4+0.040%$146K$261K50xas long as short
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,408.2+0.241%$5K$79810xas long as short
Aevo SKHX-PERP+0.0104%1h1,409+0.295%$33K10xas long as short
tradeXYZ xyz:SKHX+0.0149%1h1,408+0.226%$319.7M$203.0M10xas long as short
Polymarket Perps SKHYNIX-USDshort+0.0153%1h1,408.1+0.233%$288K$1.0M10x
Bitget SKHYNIXUSDT+0.0248%4h1,408.3+0.244%$23.8M$25.8M20xas long as short
OKX SKHYNIX-USDT-SWAP+0.0285%8h1,408.5+0.261%$54.5M$112.4M50xas long as short
Aftermath Perps SKHYNIXUSD+0.1006%1h1,406.9+0.151%$732$38K5xas long as short