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+0.0473%/8h= +51.7% APRnext payment +$2.36 per $10,000 · paid last 24h +0.111%
Price spread now: BloFin against SunX−0.022%55s7-day average 0.000% · you buy dearer than you sell
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1471.473% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.392%+$39 on $10k
Price spread, last 3 days (all we have)−0.016%−$2 · spread now −0.022%, 7d avg 0.000%
Together, before fees+0.376%+$38 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.022% cheaper against SunX than usual: you would sell low and buy high (spread −0.022% now, against its 7-day average of 0.000%). If the spread goes back, that is −$2 on $10k: about 4 hours of funding at the current rate (+$14 a day). At the pace of the last 7 days (+0.392% in total) that is about 10 hours. The two prices were read 55 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SKHYNIX-USDT1,412.60get 0.0000% / 4h3h 45m$1K$810K10x
ShortBloFin SKHYNIX-USDT1,412.30.0473get 0.0236% / 4h3h 45m$2.5M$4.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$99.23
Price spread: −0.022% → 0.000%
−$2.24
Slippage, 4 orders
−$127.25
Fee SunX: 4 bp × 2 orders
−$8
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$50.26
Costs to cover
1.473%
Break-even
10.5 days
Slippage from SunX: live order book, 7 min ago; BloFin: live order book, 3 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, 7 min ago29.62 bp33.6 bp −$34doesn't fitdoesn't fitdoesn't fit
Sell BloFin live order book, 3 min ago0.99 bp7.3 bp −$78.6 bp −$8618.6 bp −$1,860doesn'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−0.0402%4h1,408.7−0.280%$3.4M$437K10xas long as short
Bybit SKHYNIXUSDT0.0000%8h1,411.1−0.112%$20.5M$35.2M100xas long as short
GRVT SKHYNIX_USDT_Perp0.0000%4h1,410.1−0.183%$107K$200K10xas long as short
Bullet SKHYNIX-USD0.0000%1h1,411.2−0.102%$15K$468K10xas long as short
SunX SKHYNIX-USDTlong0.0000%4h1,412.6long leg$1K$810K10x
HTX SKHYNIX-USDT0.0000%4h1,412.8+0.013%$1.3M$2.2M50xas long as short
Phemex SKHYNIXUSDT0.0000%8h1,410.4−0.156%$1.2M$769K10xas long as short
SoDEX SKHX-USD+0.0050%1h1,410.8−0.132%$751$8K10xas long as short
Gate SKHYNIX_USDT+0.0060%4h1,410.6−0.143%$144.5M$62.0M75xas long as short
ApeX Omni SKHYNIXUSDT+0.0100%1h1,413.3+0.048%$147K$262K50xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,411.2−0.099%$5K$79810xas long as short
Aevo SKHX-PERP+0.0104%1h1,411.9−0.050%$33K10xas long as short
Polymarket Perps SKHYNIX-USD+0.0115%1h1,410.4−0.159%$294K$943K10xas long as short
tradeXYZ xyz:SKHX+0.0278%1h1,409.9−0.194%$341.4M$187.9M10xas long as short
KuCoin SKHYNIXUSDTM+0.0292%4h1,410.7−0.139%$5.2M$8.2M20xas long as short
Aster SKHYNIXUSD1+0.0335%4h1,410.6−0.147%$18.9M$42.6M20xas long as short
OKX SKHYNIX-USDT-SWAP+0.0344%8h1,410.9−0.123%$53.1M$112.6M50xas long as short
Bitget SKHYNIXUSDT+0.0358%4h1,410.3−0.169%$24.3M$25.8M20xas long as short
Pacifica SKHYNIX+0.0467%1h1,409.8−0.198%$141K$396K10xas long as short
BloFin SKHYNIX-USDTshort+0.0473%4h1,412.3−0.022%$2.5M$4.2M50x
Binance SKHYNIXUSDT+0.0515%4h1,409.5−0.226%$353.8M$748.5M50xas long as short
Extended SKHYNIX-USD+0.0520%1h1,409.4−0.231%$2.4M$189K10xas long as short
Aftermath Perps SKHYNIXUSD+0.4460%1h1,405.6−0.496%$718$39K5xas long as short