Funding arb · Price arb / RWA

SKHY

RWAAll SKHY markets →

LONGVest Markets▾edgeX −0.0657%Phoenix −0.0160%BloFin −0.0029%Aster 0.0000%Extended 0.0000%Binance 0.0000%Bybit 0.0000%OKX 0.0000%QFEX 0.0000%Gate 0.0000%MEXC 0.0000%KuCoin 0.0000%Bitget 0.0000%Variational Omni 0.0000%GRVT 0.0000%SunX 0.0000%HTX 0.0000%Phemex 0.0000%Deribit +0.0017%Lighter RH +0.0024%Lighter +0.0032%Arcus +0.0038%Vest Markets +0.0046%Popdex +0.0048%tradeXYZ +0.0050%BingX +0.0050%SoDEX +0.0050%Ondo Perps +0.0050%Polymarket Perps +0.0056%Nado +0.0065%Orderly +0.0100%Kraken Futures +0.0158%

⇄⇅

SHORTBackpack▾Kraken Futures +0.0158%Orderly +0.0100%Nado +0.0065%Polymarket Perps +0.0056%Ondo Perps +0.0050%tradeXYZ +0.0050%BingX +0.0050%SoDEX +0.0050%Popdex +0.0048%Arcus +0.0038%Lighter +0.0032%Lighter RH +0.0024%Deribit +0.0017%Aster 0.0000%Extended 0.0000%Binance 0.0000%Bybit 0.0000%OKX 0.0000%QFEX 0.0000%Gate 0.0000%MEXC 0.0000%KuCoin 0.0000%Bitget 0.0000%Variational Omni 0.0000%GRVT 0.0000%SunX 0.0000%HTX 0.0000%Phemex 0.0000%BloFin −0.0029%Phoenix −0.0160%edgeX −0.0657%Backpack −0.0940%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	Vest MarketsSKHY-USD-PERP	149.83	+0.0046	pay 0.0006% / 1h	50m 24s	$14K	$208K	10x	Long Vest Markets+5% pts
SHORT	BackpackSKHY.US_USDC_PERP	149.81	−0.0940	pay 0.0117% / 1h	50m 24s	$208K	$991K	10x	Short Backpack

Price gap−0.013%

Funding gap−0.0985% /8h

Both sides work against this direction now: funding costs $30 a day on $10k and the gap is 0.243% 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 +0.217% in total, about +0.0103%/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−0.013%

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

Vest MarketsBackpack

SKHY on 33 exchanges

lowest funding first

Before you open

2 ok · 3 to watch

• i
  Note: Order book unknown—

  No order-book sample for Vest Markets: its slippage is not counted.
• i
  Note: Margin at max leverage$1,000 + $1,000

  Vest Markets 10x, Backpack 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• ✓
  OK: Same payment interval1h / 1h

  Both legs pay at the same time.

  Long Vest Markets · 1h−$1.37

  Short Backpack · 1h−$28.19

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

  Next 24h at the current rates, on $10k a leg: −$29.56Long Vest Markets: 24 payments, −$1.37; short Backpack: 24 payments, −$28.19.
• !
  Watch: Gap narrower than usual−0.013% vs +0.230%

  Less room for the price leg to pay you. If it goes back to average, the short loses.
• !
  Watch: Long leg is thinner$14K vs $208K OI

  Vest Markets sets your exit cost. Check its book before closing.
• ✓
  OK: Points on a legVest Markets points

  Volume here counts toward the points program.
• !
  Watch: KYCVest Markets No · Backpack Yes

  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+0.0103%/8h × 21 periods+$21.70

Price spread−0.013% → +0.230% (7d avg)−$24.30

Slippage, 4 ordersno data for Vest Markets—

Fee Vest Markets bp × 2 orders−$2.00

Fee Backpack bp × 2 orders−$10.00

Net, fees only · 7 days · $10k−$14.60

Costs to cover0.120%Break-even11.7 days

Slippage: Vest Markets: no order-book sample; Backpack: live order book, 12 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGVest Markets—————

SELL · SHORTBackpack0.339.4 bp−$9doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.
Vest Markets: no data.

Alert

FundingSpread

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

Create alert

FundingPrice spread

I'm in

SKHY news

posts that mention SKHY, from every exchangeSearch 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 ↗