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−0.0268%/8h= −29.3% APRpaid last 24h −0.072%
Price spread now: Polymarket Perps against OKX−0.043%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$250.254% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.075%+$7 on $10k
Price spread, last 7 days+0.159%+$16 · spread now −0.043%, 7d avg −0.030%
Together, before fees+0.234%+$23 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.030%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.075%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.075% in total (about 3.9% 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
LongOKX SKHYNIX-USDT-SWAP1,409.90.0362pay 0.0362% / 8h4h 11m$55.8M$114.4M50x
ShortPolymarket Perps SKHYNIX-USD1,409.30.0094get 0.0012% / 1h11m 18s$276K$1.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
−$56.26
Price spread: −0.043% → −0.030%
−$1.24
Slippage, 4 orders
−$7.44
Fee OKX: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$82.94
Costs to cover
0.254%
Break-even
never at this rate
Slippage from OKX: live order book, 3 min ago; Polymarket Perps: 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 OKX live order book, 3 min ago0.35 bp6.7 bp −$77.7 bp −$7719.2 bp −$1,918doesn't fit
Sell Polymarket Perps live order book, 2 min ago2.13 bp7.3 bp −$78.1 bp −$819.7 bp −$972doesn'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−0.0350%4h1,407.7−0.158%$3.5M$375K10xas long as short
Aster SKHYNIXUSD10.0000%4h1,409.5−0.031%$18.8M$39.8M20xas long as short
Extended SKHYNIX-USD0.0000%1h1,408.8−0.080%$2.4M$71K10xas long as short
Binance SKHYNIXUSDT0.0000%4h1,409.1−0.054%$349.5M$754.5M50xas long as short
Bybit SKHYNIXUSDT0.0000%8h1,409.7−0.016%$20.5M$31.7M100xas long as short
Gate SKHYNIX_USDT0.0000%4h1,410+0.009%$143.3M$65.2M75xas long as short
GRVT SKHYNIX_USDT_Perp0.0000%4h1,408.9−0.069%$101K$200K10xas long as short
SunX SKHYNIX-USDT0.0000%4h1,409.5−0.026%$1K$608K10xas long as short
HTX SKHYNIX-USDT0.0000%4h1,409.9−0.003%$1.3M$2.4M50xas long as short
Phemex SKHYNIXUSDT0.0000%8h1,410+0.004%$1.2M$769K10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SKHYNIX-USDT+0.0032%4h1,409.4−0.034%$2.7M$4.1M50xas long as short
SoDEX SKHX-USD+0.0050%1h1,409.2−0.052%$750$8K10xas long as short
tradeXYZ xyz:SKHX+0.0061%1h1,408.7−0.085%$315.3M$211.1M10xas long as short
Bullet SKHYNIX-USD+0.0085%1h1,409.1−0.053%$14K$470K10xas long as short
Polymarket Perps SKHYNIX-USDshort+0.0094%1h1,409.3−0.043%$276K$1.0M10x
Pacifica SKHYNIX+0.0100%1h1,409−0.064%$127K$385K10xas long as short
KuCoin SKHYNIXUSDTM+0.0100%4h1,408.8−0.082%$5.2M$8.0M20xas long as short
ApeX Omni SKHYNIXUSDT+0.0100%1h1,408.1−0.126%$147K$260K50xas long as short
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,409.1−0.057%$5K$79810xas long as short
Aevo SKHX-PERP+0.0104%1h1,409.8−0.009%$33K10xas long as short
Bitget SKHYNIXUSDT+0.0232%4h1,409.6−0.023%$23.3M$26.3M20xas long as short
Aftermath Perps SKHYNIXUSD+0.0270%1h1,408.9−0.071%$672$37K5xas long as short
OKX SKHYNIX-USDT-SWAPlong+0.0362%8h1,409.9long leg$55.8M$114.4M50x