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

SKHYNIX

RWAall SKHYNIX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0177%/8h= −19.4% APRpaid last 24h −0.039%
Price spread now: ApeX Omni against OKX−0.005%7-day average +0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$360.362% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.073%+$7 on $10k
Price spread, last 3 days (all we have)+0.124%+$12 · spread now −0.005%, 7d avg +0.016%
Together, before fees+0.197%+$20 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and ApeX Omni is 0.021% cheaper against OKX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.016%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.073%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SKHYNIX-USDT-SWAP1,412.80.0277pay 0.0277% / 8h6h 59m$54.5M$111.0M50x
ShortApeX Omni SKHYNIXUSDT1,412.70.0100get 0.0013% / 1h59m 06s$147K$262K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against OKX. 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
−$37.15
Price spread: −0.005% → +0.016%
−$2.1
Slippage, 4 orders
−$16.18
Fee OKX: 5 bp × 2 orders
−$10
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$75.43
Costs to cover
0.362%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; ApeX Omni: live order book, 8 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 OKX live order book, 5 min ago0.35 bp5.8 bp −$67.6 bp −$7623.8 bp −$2,378doesn't fit
Sell ApeX Omni live order book, 8 min ago6.97 bp12.4 bp −$1235.1 bp −$351doesn'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 SKHYNIXUSDC−0.0718%4h1,412.8−0.001%$3.5M$435K10xas long as short
Bybit SKHYNIXUSDT0.0000%8h1,414+0.085%$20.6M$33.1M100xas long as short
Gate SKHYNIX_USDT0.0000%4h1,413.4+0.042%$143.1M$62.0M75xas long as short
GRVT SKHYNIX_USDT_Perp0.0000%4h1,412.8+0.002%$102K$197K10xas long as short
SunX SKHYNIX-USDT0.0000%4h1,414.2+0.102%$974$712K10xas long as short
HTX SKHYNIX-USDT0.0000%4h1,414.2+0.101%$1.3M$2.2M50xas long as short
Phemex SKHYNIXUSDT0.0000%8h1,413.1+0.023%$1.2M$769K10xas long as short
SoDEX SKHX-USD+0.0050%1h1,413.2+0.025%$752$8K10xas long as short
Aster SKHYNIXUSD1+0.0086%4h1,413.2+0.026%$18.9M$42.0M20xas long as short
KuCoin SKHYNIXUSDTM+0.0100%4h1,413.2+0.029%$5.2M$8.2M20xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni SKHYNIXUSDTshort+0.0100%1h1,412.7−0.005%$147K$262K50x
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,413.2+0.028%$5K$79810xas long as short
Aevo SKHX-PERP+0.0104%1h1,414.2+0.102%$33K10xas long as short
Bullet SKHYNIX-USD+0.0126%1h1,414.1+0.092%$15K$467K10xas long as short
BloFin SKHYNIX-USDT+0.0186%4h1,412.6−0.016%$2.6M$4.2M50xas long as short
Binance SKHYNIXUSDT+0.0212%4h1,412.9+0.007%$354.3M$743.1M50xas long as short
Extended SKHYNIX-USD+0.0216%1h1,413.5+0.047%$2.4M$182K10xas long as short
Polymarket Perps SKHYNIX-USD+0.0247%1h1,413.8+0.071%$294K$927K10xas long as short
Bitget SKHYNIXUSDT+0.0254%4h1,412.9+0.008%$24.0M$25.2M20xas long as short
OKX SKHYNIX-USDT-SWAPlong+0.0277%8h1,412.8long leg$54.5M$111.0M50x
tradeXYZ xyz:SKHX+0.0332%1h1,412.3−0.035%$329.7M$192.9M10xas long as short
Pacifica SKHYNIX+0.0467%1h1,413.5+0.051%$135K$385K10xas long as short
Aftermath Perps SKHYNIXUSD+0.2017%1h1,413.1+0.020%$704$38K5xas long as short