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+0.0100%/8h= +10.9% APRpaid last 24h +0.035%
Price spread now: ApeX Omni against SunX+0.152%73s7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$880.880% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.386%+$39 on $10k
Price spread, last 4 days (all we have)−0.139%−$14 · spread now +0.152%, 7d avg +0.030%
Together, before fees+0.247%+$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.122% dearer against SunX than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of +0.030%. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SKHYNIX-USDT1,407.80get 0.0000% / 4h8m 18s$1K$607K10x
ShortApeX Omni SKHYNIXUSDT1,409.90.0100get 0.0013% / 1h8m 18s$147K$260K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against SunX. 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
$21
Price spread: +0.152% → +0.030%
$12.21
Slippage, 4 orders
−$69.99
Fee SunX: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$54.78
Costs to cover
0.880%
Break-even
25.3 days
Slippage from SunX: live order book, 13 min ago; ApeX Omni: live order book, 49 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 SunX live order book, 13 min ago28.07 bp32.1 bp −$32doesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 49 min ago6.55 bp11.6 bp −$1234.8 bp −$348doesn'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−0.0490%4h1,408.8+0.073%$3.5M$372K10xas long as short
Aster SKHYNIXUSD10.0000%4h1,407.1−0.048%$18.8M$39.8M20xas long as short
Extended SKHYNIX-USD0.0000%1h1,406.8−0.070%$2.4M$71K10xas long as short
Binance SKHYNIXUSDT0.0000%4h1,407.1−0.047%$349.0M$755.3M50xas long as short
Bybit SKHYNIXUSDT0.0000%8h1,407.6−0.013%$20.4M$31.7M100xas long as short
Gate SKHYNIX_USDT0.0000%4h1,408.3+0.032%$143.1M$65.3M75xas long as short
GRVT SKHYNIX_USDT_Perp0.0000%4h1,409.5+0.122%$102K$201K10xas long as short
SunX SKHYNIX-USDTlong0.0000%4h1,407.8long leg$1K$607K10x
HTX SKHYNIX-USDT0.0000%4h1,410.2+0.168%$1.3M$2.4M50xas long as short
Phemex SKHYNIXUSDT0.0000%8h1,407.7−0.010%$1.2M$769K10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BloFin SKHYNIX-USDT+0.0006%4h1,408.4+0.042%$2.7M$4.1M50xas long as short
SoDEX SKHX-USD+0.0050%1h1,407.2−0.043%$749$8K10xas long as short
tradeXYZ xyz:SKHX+0.0072%1h1,407.2−0.043%$314.3M$212.0M10xas long as short
Bullet SKHYNIX-USD+0.0093%1h1,407.5−0.021%$14K$470K10xas long as short
Polymarket Perps SKHYNIX-USD+0.0100%1h1,406.9−0.064%$276K$1.0M10xas long as short
Pacifica SKHYNIX+0.0100%1h1,407.7−0.007%$128K$387K10xas long as short
KuCoin SKHYNIXUSDTM+0.0100%4h1,406.7−0.078%$5.2M$8.0M20xas long as short
ApeX Omni SKHYNIXUSDTshort+0.0100%1h1,409.9+0.152%$147K$260K50x
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,406.8−0.075%$5K$79810xas long as short
Aevo SKHX-PERP+0.0104%1h1,407.7−0.009%$33K10xas long as short
Bitget SKHYNIXUSDT+0.0234%4h1,407.6−0.016%$23.2M$26.4M20xas long as short
Aftermath Perps SKHYNIXUSD+0.0269%1h1,407.8−0.002%$671$38K5xas long as short
OKX SKHYNIX-USDT-SWAP+0.0368%8h1,408.4+0.043%$55.8M$114.3M50xas long as short