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

SKHYNIX

RWAall SKHYNIX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0034%/8h= +3.8% APRnext payment +$0.17 per $10,000 · paid last 24h +0.118%
Price spread now: SunX against edgeX+0.081%7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$153as in the Funding arb table
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$840.842% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.683%−$68 on $10k
Price spread, last 4 days (all we have)−0.061%−$6 · spread now +0.081%, 7d avg +0.015%
Together, before fees−0.744%+ Points / potential airdropedgeX: Active · farm board−$74 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SunX is 0.066% dearer against edgeX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.015%. Mind the row above: over the last 7 days funding on this pair cost −0.683%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SKHYNIXUSDC1,364.9−0.0034get 0.0017% / 4h2h 08m$3.3M$430K10x
ShortSunX SKHYNIX-USDT1,3660get 0.0000% / 4h2h 08m$1K$532K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$7.21
Price spread: +0.081% → +0.015%
$6.6
Slippage, 4 orders
−$67.17
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$70.36
Costs to cover
0.842%
Break-even
75.3 days
Slippage from edgeX: live order book, 5 min ago; SunX: live order book, 62 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 ago5.33 bp9.9 bp −$1010.6 bp −$10661.1 bp −$6,113doesn't fit
Sell SunX live order book, 62 min ago28.08 bp32.1 bp −$32doesn't fitdoesn'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−0.0034%4h1,364.9long leg$3.3M$430K10x
BloFin SKHYNIX-USDT−0.0017%4h1,366.2+0.100%$2.6M$4.1M50xas long as short
Aster SKHYNIXUSD10.0000%4h1,366.2+0.097%$18.6M$37.0M20xas long as short
Extended SKHYNIX-USD0.0000%1h1,365.6+0.056%$2.3M$78K10xas long as short
Binance SKHYNIXUSDT0.0000%4h1,366+0.081%$336.6M$885.9M50xas long as short
Bybit SKHYNIXUSDT0.0000%8h1,366.2+0.097%$19.6M$31.4M100xas long as short
Gate SKHYNIX_USDT0.0000%4h1,366.1+0.090%$143.2M$76.3M75xas long as short
SunX SKHYNIX-USDTshort0.0000%4h1,366+0.081%$1K$532K10x
HTX SKHYNIX-USDT0.0000%4h1,365.1+0.015%$1.3M$2.4M50xas long as short
Phemex SKHYNIXUSDT0.0000%8h1,366.1+0.092%$1.2M$776K10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX SKHX-USD+0.0050%1h1,365.5+0.046%$726$8K10xas long as short
tradeXYZ xyz:SKHX+0.0081%1h1,364.8−0.005%$296.3M$249.4M10xas long as short
Pacifica SKHYNIX+0.0100%1h1,367.5+0.190%$104K$429K10xas long as short
KuCoin SKHYNIXUSDTM+0.0100%4h1,365+0.012%$5.0M$8.2M20xas long as short
GRVT SKHYNIX_USDT_Perp+0.0100%4h1,366.4+0.116%$98K$213K10xas long as short
ApeX Omni SKHYNIXUSDT+0.0100%1h1,366.7+0.137%$142K$259K50xas long as short
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,365.3+0.029%$5K$85810xas long as short
Aevo SKHX-PERP+0.0104%1h1,365.9+0.076%$32K10xas long as short
Aftermath Perps SKHYNIXUSD+0.0220%1h1,362.2−0.198%$669$37K5xas long as short
Bullet SKHYNIX-USD+0.0231%1h1,366.1+0.090%$15K$470K10xas long as short
Polymarket Perps SKHYNIX-USD+0.0238%1h1,366+0.083%$263K$996K10xas long as short
Bitget SKHYNIXUSDT+0.0264%4h1,366.4+0.113%$22.6M$32.2M20xas long as short
OKX SKHYNIX-USDT-SWAP+0.0373%8h1,367+0.156%$53.7M$126.6M50xas long as short