Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG139.30+0.0403pay 0.0050% / 1h10m 39s$119K$9K10xLong Phoenix
SHORT139.18+0.0107get 0.0107% / 8h2h 10m$9.0M$1.7M200xShort MEXC
Price gap−0.086%62s
Funding gap−0.0296% /8h

Both sides work against this direction now: funding costs $9 a day on $10k and the gap is 0.118% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$44−0.0296% /8h now · paid −0.443% over the last 7D
Price—spread −0.086%62s now · prices read too far apart to compare
Costs−$250.248% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.086%
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

SKHY on 33 exchanges

lowest funding first

Before you open

1 ok · 4 to watch
  • OK: Fits both order books10.0 / 2.4 bp
    Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
  • Note: Margin at max leverage$1,000 + $50
    Phoenix 10x, MEXC 200x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$8.88Long Phoenix: 24 payments, −$12.09; short MEXC: 3 payments, +$3.21.
  • Watch: Prices read 62 s apart−0.086% vs +0.032%
    Part of this gap may be the market moving.
  • Watch: Long leg is thinner$119K vs $9.0M OI
    Phoenix sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCPhoenix No · MEXC Yes
    KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0211%/8h × 21 periods−$44.33
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$13.81
Fee Phoenix bp × 2 orders−$7.00
Fee MEXC bp × 2 orders−$4.00
Net · 7 days · $10k−$69.13
price spread not counted: prices read too far apart
Costs to cover0.248%Break-evennever at this rate
Slippage: Phoenix: live order book, 64 min ago; MEXC: live order book, 2 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPhoenix2.8810.0 bp−$1021.1 bp−$211doesn’t fitdoesn’t fit
SELL · SHORTMEXC0.362.4 bp−$22.4 bp−$244.9 bp−$489118.6 bp−$59.3K

Closing costs about the same again.

Alert

SKHY news

posts that mention SKHY, from every exchangeSearch all news →
10-23 17:31Vest MarketsOtherSK Hynix halted its Solidigm IPO review, with $SKHY up around 4% on the session and Seoul shares closing 4.4% higher. The shelved Solidigm listing had been reported to raise $15 billion and value the unit at up to $150 billion. $SKHY has third-quarter earnings on Oct. 28, with a funding plan for Solidigm's US fab in focus. @VestExchange on X ↗
10-23 16:53BackpackOtherEarnings & macro to watch for Oct 26–30 ▸ Macro: Fed decision, GDP, PCE ▸ Tech & AI: $GOOGL $MSFT $AMZN $INTC $SKHY $SNDK $VRT ▸ Crypto & finance: $HOOD $COIN $SOFI $V $MSTR ▸ Healthcare: $LLY $ABBV ▸ Energy: $XOM $CVX Full market calendar → @Backpack on X ↗
10-20 21:37BingXOtherAI demand is putting memory stocks back in focus 🤖 SK hynix (SKHY) rallied as semiconductor shares rebounded and Nvidia's memory plans fueled optimism. What's driving the momentum? Read the full breakdown below👇 @BingXOfficial on X ↗
10-19 14:54PhemexOther👉 $SNDK/USDT: 👉 solana:MUxEsUKSMACyw5fZf68wxf5FLnZVhtU9CwH8uNNGay1/USDT: 👉 $SKHY/USDT: @Phemex_official on X ↗
10-18 00:45ArcusOtherThis weekend, memory stocks swept ~7% in minutes on perp markets, on no news, then bounced most of the way back. On Arcus, price bands held the move. Outside regular trading hours, perps trading and the mark price are constrained to a range around the last regular-hours price. The range widens only if sustained pressure builds - so a flash wick in thin weekend liquidity can't instantly mark positions down. The result on Saturday: 44.4k orders were rejected at the band floor, and 98% of open positions on SKHY, SNDK, MU, DRAM, CRWV, and BE made it through the wick without being liquidated. Price bands don't make liquidation impossible - a real, sustained move will still move the mark. They exist so you aren't liquidated by ten minutes of thin liquidity. How off-hours protection works: @arcus_xyz on X ↗
10-18 00:40ArcusOtherThis weekend, AI infrastructure stocks swept ~7% in minutes on perp markets, on no news, then bounced most of the way back. On Arcus, price bands held the move. Outside regular trading hours, perps trading and the mark price are constrained to a range around the last regular-hours price. The range widens only if sustained pressure builds - so a flash wick in thin weekend liquidity can't instantly mark positions down. The result on Saturday: 44.4k orders were rejected at the band floor, and 98% of open positions on SKHY, SNDK, MU, DRAM, CRWV, and BE made it through without being liquidated. Price bands don't make liquidation impossible - a real, sustained move will still move the mark. They exist so you aren't liquidated by ten minutes of thin liquidity. How off-hours protection works: @arcus_xyz on X ↗