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+0.0593%/8h= +65.0% APRpaid last 24h +0.110%
Price spread now: tradeXYZ against edgeX+0.035%7-day average −0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$300.296% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.412%−$41 on $10k
Price spread, last 7 days−0.082%−$8 · spread now +0.035%, 7d avg −0.014%
Together, before fees−0.494%+ Points / potential airdropedgeX: Active · tradeXYZ: Active · farm board−$49 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and tradeXYZ is 0.048% dearer against edgeX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.014%. Mind the row above: over the last 7 days funding on this pair cost −0.412%, 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 -0.412% in total (about -21.5% 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 SKHYNIXUSDC1,412−0.0508get 0.0254% / 4h59m 34s$3.5M$395K10x
ShorttradeXYZ xyz:SKHX1,412.50.0085get 0.0011% / 1h59m 34s$318.3M$205.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$124.6
Price spread: +0.035% → −0.014%
$4.81
Slippage, 4 orders
−$2.65
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
$99.77
Costs to cover
0.296%
Break-even
1.4 days
Slippage from edgeX: live order book, 4 min ago; tradeXYZ: live order book, 11 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 ago0.21 bp4.7 bp −$55.3 bp −$5354.3 bp −$5,433doesn't fit
Sell tradeXYZ live order book, 11 min ago0.35 bp10.3 bp −$1010.7 bp −$10715.6 bp −$1,556doesn'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−0.0508%4h1,412long leg$3.5M$395K10x
BloFin SKHYNIX-USDT−0.0032%4h1,412.5+0.035%$2.7M$4.1M50xas long as short
Aster SKHYNIXUSD10.0000%4h1,413.4+0.098%$18.9M$39.8M20xas long as short
Extended SKHYNIX-USD0.0000%1h1,412.6+0.043%$2.4M$71K10xas long as short
Binance SKHYNIXUSDT0.0000%4h1,413+0.070%$350.8M$751.5M50xas long as short
Bybit SKHYNIXUSDT0.0000%8h1,413.9+0.137%$20.6M$32.6M100xas long as short
Gate SKHYNIX_USDT0.0000%4h1,414.1+0.149%$144.2M$63.8M75xas long as short
GRVT SKHYNIX_USDT_Perp0.0000%4h1,412.6+0.043%$102K$196K10xas long as short
SunX SKHYNIX-USDT0.0000%4h1,412.4+0.025%$1K$630K10xas long as short
HTX SKHYNIX-USDT0.0000%4h1,412.8+0.053%$1.3M$2.4M50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Phemex SKHYNIXUSDT0.0000%8h1,413.2+0.081%$1.2M$768K10xas long as short
SoDEX SKHX-USD+0.0050%1h1,413.1+0.076%$752$8K10xas long as short
Polymarket Perps SKHYNIX-USD+0.0080%1h1,413.2+0.084%$277K$1.0M10xas long as short
tradeXYZ xyz:SKHXshort+0.0085%1h1,412.5+0.035%$318.3M$205.7M10x
Pacifica SKHYNIX+0.0100%1h1,413.2+0.084%$127K$385K10xas long as short
KuCoin SKHYNIXUSDTM+0.0100%4h1,413+0.070%$5.2M$8.0M20xas long as short
ApeX Omni SKHYNIXUSDT+0.0100%1h1,412.5+0.031%$147K$261K50xas long as short
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,412.9+0.064%$5K$79810xas long as short
Aevo SKHX-PERP+0.0104%1h1,413.7+0.122%$33K10xas long as short
Bullet SKHYNIX-USD+0.0146%1h1,413.2+0.084%$16K$469K10xas long as short
Bitget SKHYNIXUSDT+0.0302%4h1,413.2+0.086%$23.5M$26.1M20xas long as short
OKX SKHYNIX-USDT-SWAP+0.0338%8h1,413.7+0.120%$56.3M$114.8M50xas long as short
Aftermath Perps SKHYNIXUSD+0.0408%1h1,411.2−0.054%$673$38K5xas long as short