Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.044%

Price spread now: Aster against Pacifica−0.169%7-day average +0.004% · you buy dearer than you sell

Net, funding: paid 7d − costs−$57as in the Funding arb table

Net, price: spread back to 7d avg − costs−$45as in the Price arb table

costs, in and out, $10k−$280.280% of the position

Long on Pacifica Short on Aster

What this pair did over the last

the charts below follow

Funding, last 7 days−0.293%−$29 on $10k

Price spread, last 4 days (all we have)+0.164%+$16 · spread now −0.169%, 7d avg +0.004%

Together, before fees−0.130%+ Points / potential airdropPacifica: Active · Aster: Stage 5 · farm board−$13 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Aster is 0.173% cheaper against Pacifica than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.004%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Pacifica SKHYNIX	1,375.8	0.0100	pay 0.0013% / 1h	44m 27s	$141K	$420K	10x
Short	Aster SKHYNIXUSD1	1,373.5	0	get 0.0000% / 4h	1h 44m	$18.3M	$43.0M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Pacifica. 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

Position, each leg$Hold fordaysFee PacificabpFee AsterbpOrdersPrice spread, now −0.169%Rate

Funding earned: −$21
Price spread: −0.169% → +0.004%: −$17.26
Slippage, 4 orders: −$11.96
Fee Pacifica: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$66.22
Costs to cover: 0.280%
Break-even: never at this rate

Slippage from Pacifica: live order book, 39 min ago; Aster: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Pacifica live order book, 39 min ago	0.37 bp	7.1 bp −$7	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 5 min ago	0.36 bp	4.4 bp −$4	11.6 bp −$116	doesn't fit	doesn't fit

SKHYNIX on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX SKHYNIXUSDC	−0.0752%	4h	1,374.6	−0.084%	$3.4M	$431K	10x	as long as short
BloFin SKHYNIX-USDT	−0.0059%	4h	1,375.5	−0.022%	$2.5M	$4.1M	50x	as long as short
Aster SKHYNIXUSD1short	0.0000%	4h	1,373.5	−0.169%	$18.3M	$43.0M	20x
Extended SKHYNIX-USD	0.0000%	1h	1,375.3	−0.037%	$2.4M	$262K	10x	as long as short
Binance SKHYNIXUSDT	0.0000%	4h	1,375.6	−0.017%	$351.9M	$740.0M	50x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,376.9	+0.077%	$135.4M	$76.2M	75x	as long as short
Bitget SKHYNIXUSDT	0.0000%	4h	1,376.2	+0.027%	$24.0M	$26.5M	20x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,375	−0.061%	$105K	$221K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,374.5	−0.095%	$1K	$914K	10x	as long as short
HTX SKHYNIX-USDT	0.0000%	4h	1,374.4	−0.102%	$1.2M	$2.2M	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex SKHYNIXUSDT	0.0000%	8h	1,375.5	−0.019%	$1.2M	$770K	10x	as long as short
Pacifica SKHYNIXlong	+0.0100%	1h	1,375.8	long leg	$141K	$420K	10x
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,375.2	−0.041%	$5.1M	$8.3M	20x	as long as short
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,375.5	−0.019%	$5K	$1K	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,376.1	+0.024%	$32K	—	10x	as long as short
Bybit SKHYNIXUSDT	+0.0137%	8h	1,376.5	+0.052%	$20.4M	$36.3M	100x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0204%	8h	1,376.6	+0.058%	$51.8M	$112.2M	50x	as long as short
SoDEX SKHX-USD	+0.0358%	1h	1,375.3	−0.039%	$732	$8K	10x	as long as short
Aftermath Perps SKHYNIXUSD	+0.0478%	1h	1,375.2	−0.047%	$693	$40K	5x	as long as short
Bullet SKHYNIX-USD	+0.0645%	1h	1,375.7	−0.007%	$14K	$465K	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0753%	1h	1,376	+0.015%	$282K	$1.7M	10x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0996%	1h	1,373.4	−0.175%	$143K	$264K	50x	as long as short
tradeXYZ xyz:SKHX	+0.1176%	1h	1,376.4	+0.044%	$348.0M	$187.9M	10x	as long as short