Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0137%/8h= −15.0% APRpaid last 24h −0.093%

Price spread now: Orderly against Binance+0.104%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Binance Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread pays, funding is against you. Orderly is 0.104% dearer against Binance than usual: you sell high and buy low (spread +0.104% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.5 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SKHYNIXUSDT	1,413.3	0.0237	pay 0.0119% / 4h	3h 03m	$354.3M	$741.6M	50x
Short	Orderly PERP_SKHYNIX_USDC_mythos	1,414.7	0.0100	get 0.0100% / 8h	7h 03m	$5K	$798	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Binance. 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

Position, each leg$Hold fordaysFee BinancebpFee OrderlybpOrdersPrice spread, now +0.104%Rate

Funding earned: −$28.85
Price spread: +0.104% → 0.000%: $10.4
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$34.45
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 10 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Binance live order book, 10 min ago	0.04 bp	5.2 bp −$5	6.3 bp −$63	14.0 bp −$1,403	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

SKHYNIX on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX SKHYNIXUSDC	−0.0257%	4h	1,413.9	+0.043%	$3.5M	$434K	10x	as long as short
Bybit SKHYNIXUSDT	0.0000%	8h	1,414.1	+0.061%	$20.6M	$33.1M	100x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,414.6	+0.095%	$143.5M	$65.3M	75x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,412.9	−0.025%	$103K	$198K	10x	as long as short
Bullet SKHYNIX-USD	0.0000%	1h	1,414.4	+0.081%	$16K	$467K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,414.2	+0.064%	$1K	$721K	10x	as long as short
HTX SKHYNIX-USDT	0.0000%	4h	1,414.9	+0.115%	$1.3M	$2.2M	50x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,413.8	+0.042%	$1.2M	$769K	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0050%	1h	1,414.9	+0.117%	$294K	$927K	10x	as long as short
SoDEX SKHX-USD	+0.0050%	1h	1,414	+0.050%	$752	$8K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:SKHX	+0.0080%	1h	1,413	−0.018%	$330.9M	$191.7M	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,413.2	−0.007%	$5.2M	$8.2M	20x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,412.7	−0.041%	$147K	$262K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythosshort	+0.0100%	8h	1,414.7	+0.104%	$5K	$798	10x
Aster SKHYNIXUSD1	+0.0103%	4h	1,414.1	+0.062%	$18.9M	$42.0M	20x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,414.6	+0.093%	$33K	—	10x	as long as short
BloFin SKHYNIX-USDT	+0.0209%	4h	1,414.4	+0.081%	$2.6M	$4.2M	50x	as long as short
Binance SKHYNIXUSDTlong	+0.0237%	4h	1,413.3	long leg	$354.3M	$741.6M	50x
Extended SKHYNIX-USD	+0.0248%	1h	1,413.5	+0.015%	$2.4M	$182K	10x	as long as short
Bitget SKHYNIXUSDT	+0.0264%	4h	1,414	+0.052%	$24.1M	$25.2M	20x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0275%	8h	1,413.4	+0.011%	$54.5M	$110.7M	50x	as long as short
Pacifica SKHYNIX	+0.0467%	1h	1,413.4	+0.011%	$135K	$385K	10x	as long as short
Aftermath Perps SKHYNIXUSD	+0.2201%	1h	1,413.8	+0.036%	$704	$38K	5x	as long as short