Funding arb · Price arb / RWA

SKHY

RWAAll SKHY markets →

LONGBackpack▾Backpack +0.0261%

⇄⇅

SHORTedgeX▾edgeX −0.0273%

Backtest 30d

☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BackpackSKHY.US_USDC_PERP	128.04	+0.0261	pay 0.0033% / 1h	39m 34s	$140K	$961K	10x	Long Backpack
SHORT	edgeXSKHYUSDC	127.96	−0.0273	pay 0.0137% / 4h	3h 39m	$408K	$309K	10x	Short edgeX

Price gap−0.065%

Funding gap−0.0534% /8h

Both sides work against this direction now: funding costs $16 a day on $10k and the gap is 0.081% under its 7d average. Swap the legs.

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.171% in total, about −0.0082%/8h on average.

Price and funding

Entry / ExitPrice spreadPricesFundingLeg ratesP&L

1m5m15m1h

1h · history

24H3D7D14D30D90D

Entry / Exit?

Price spread?

Prices?

Funding?per 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.065%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D▾

share of time at each level

Funding on every exchange

/8h

24H3D7D14D30D90D

BackpackedgeX

SKHY on 33 exchanges

lowest funding first

Before you open

2 ok · 4 to watch

• ✓
  OK: Fits both order books9.2 / 6.6 bp

  Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
• i
  Note: Margin at max leverage$1,000 + $1,000

  Backpack 10x, edgeX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• !
  Watch: Payment intervals differ1h / 4h

  Payments land at different times. Close right after the slower leg pays.

  Long Backpack · 1h−$7.83

  Short edgeX · 4h−$8.19

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: −$16.02Long Backpack: 24 payments, −$7.83; short edgeX: 6 payments, −$8.19.
• !
  Watch: Gap narrower than usual−0.065% vs +0.016%

  Less room for the price leg to pay you. If it goes back to average, the short loses.
• !
  Watch: Long leg is thinner$140K vs $408K OI

  Backpack sets your exit cost. Check its book before closing.
• ✓
  OK: Points on a legedgeX points

  Volume here counts toward the points program.
• !
  Watch: KYCBackpack Yes · edgeX No

  KYC (ID, face scan, residency and source of income) before any trading.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned−0.0082%/8h × 21 periods−$17.12

Price spread−0.065% → +0.016% (7d avg)−$8.06

Slippage, 4 orderslive order books−$9.66

Fee Backpack bp × 2 orders−$10.00

Fee edgeX bp × 2 orders−$9.00

Net · 7 days · $10k−$53.84

Costs to cover0.287%Break-evennever at this rate

Slippage: Backpack: live order book, 37 min ago; edgeX: live order book, 42 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGBackpack1.199.2 bp−$940.5 bp−$405doesn’t fitdoesn’t fit

SELL · SHORTedgeX1.586.6 bp−$713.5 bp−$135doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

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FundingPrice spread

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SKHY news

posts that mention SKHY, from every exchange

Search all news →

10-28 20:00	MEXC	Other	AI’s memory crunch isn’t easing. 🧠 SK hynix’s ($SKHY) profit is up more than 7x in a year, the biggest cloud players have signed five-year deals, and the company expects the chip shortage to run until 2030. Watch the full breakdown and follow @MEXC_Research for more. 👇 @MEXC on X ↗
10-28 17:38	QFEX	Other	Max leverage is increased to 20x across the following markets on QFEX $SNDK, $GOOGL, $NVDA, $MU, $SKHY, $INTC, $NBIS, $CRCL, $CBRS, $META, $TSLA, $MRVL, $AAPL, $AMZN, $MSFT, $MSTR and $ANTHROPIC. @QFEX on X ↗
10-28 15:01	Vest Markets	Other	Trade $SKHY post-earnings volatility with a Vest Capital funded account. Access up to $50k in trading capital at: @VestExchange on X ↗
10-28 15:01	Vest Markets	Other	$SKHY Q3 EARNINGS REPORT: RECORD 80% OPERATING MARGIN ADR shares are up around 11% on the session, with around $75B in 2026 shareholder returns set out alongside the results. → Revenue: ~$78.9B vs. ~$74.2B consensus → Operating profit: ~$62.8B vs. ~$58.1B expected → Operating margin: 80%, versus 76% in Q2 → Long-term agreements: over half of 2027-2028 capacity $SKHY expects HBM4 to surpass HBM3E in shipments and revenue in Q4, and has discontinued its Solidigm IPO review. @VestExchange on X ↗
10-28 04:08	SoDEX	Other	🇰🇷 KOREAN STOCKS ARE ON FIRE! 🚀🔥 SK hynix delivers blockbuster Q3 earnings! 📈 Revenue +328% YoY 💰 Operating profit +631% YoY 🔥 KOSPI +5.8% as AI chip demand fuels the rally! 🚀 Catch the Korean market momentum on SoDEX! 📊 4 Trading Opportunities: 🔥 $SKHX +3.77% — 2× Long SK hynix ETF 🔥 $SKHY +1.92% — SK hynix ADR 🔥 $EWY +3.10% — South Korea ETF 🚀 $KORU +8.91% — 3× Leveraged South Korea ETF 👀 Will the AI-driven rally continue? 👉 Trade now: ETF/ADR changes: Oct 27 U.S. close. KOSPI: Oct 28, 11:20 AM KST. @sodex_official on X ↗
10-28 02:43	MEXC	Other	SK hynix $SKHY cleared the high bar. Another record quarter. 👀 📈 Operating profit: +632% YoY 💰 Revenue: +328% YoY 🔥 Operating margin: ~80% Still room for the AI memory trade to run? @MEXC on X ↗