Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0720%/8h= +78.9% APRpaid last 24h −0.047%

Price spread now: SoDEX against Binance−0.078%7-day average — · you buy dearer than you sell

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

Long on Binance Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 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

Funding pays, the price is against you. SoDEX is 0.078% cheaper against Binance than usual: you would sell low and buy high (spread −0.078% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 9 hours of funding at the current rate (+$22 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SKHYNIXUSDT	1,350.7	0	get 0.0000% / 4h	10m 20s	$328.4M	$955.7M	50x
Short	SoDEX SKHX-USD	1,349.7	0.0720	get 0.0090% / 1h	10m 20s	$243	$8K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.078%Rate

Funding earned: $151.23
Price spread: −0.078% → 0.000%: −$7.77
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee SoDEX: 4 bp × 2 orders: −$8
Net: $125.46
Costs to cover: 0.180%
Break-even: 1.2 days

Slippage unknown: Binance: live order book, 4 min ago; SoDEX: 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, 4 min ago	0.04 bp	5.3 bp −$5	7.1 bp −$71	15.4 bp −$1,542	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	−0.0103%	4h	1,350.6	−0.010%	$3.3M	$431K	10x	as long as short
Aftermath Perps SKHYNIXUSD	−0.0058%	1h	1,349.6	−0.085%	$662	$35K	5x	as long as short
BloFin SKHYNIX-USDT	−0.0040%	4h	1,350	−0.056%	$2.5M	$4.1M	50x	as long as short
Aster SKHYNIXUSD1	0.0000%	4h	1,351.4	+0.046%	$18.4M	$29.3M	20x	as long as short
Extended SKHYNIX-USD	0.0000%	1h	1,350.4	−0.024%	$2.3M	$78K	10x	as long as short
Binance SKHYNIXUSDTlong	0.0000%	4h	1,350.7	long leg	$328.4M	$955.7M	50x
Bybit SKHYNIXUSDT	0.0000%	8h	1,350.1	−0.051%	$19.0M	$30.9M	100x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,351.1	+0.023%	$140.4M	$77.4M	75x	as long as short
Bitget SKHYNIXUSDT	0.0000%	4h	1,350.7	−0.004%	$21.8M	$34.5M	20x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,351.1	+0.025%	$98K	$222K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SKHYNIX-USDT	0.0000%	4h	1,350.9	+0.008%	$954	$471K	10x	as long as short
HTX SKHYNIX-USDT	0.0000%	4h	1,351	+0.019%	$1.3M	$2.5M	50x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,350.2	−0.044%	$1.2M	$780K	10x	as long as short
Pacifica SKHYNIX	+0.0100%	1h	1,349.4	−0.103%	$102K	$433K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,349.6	−0.081%	$5.0M	$8.3M	20x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,350.7	−0.002%	$141K	$259K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,350.8	+0.007%	$5K	$1K	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,350.5	−0.016%	$32K	—	10x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0378%	8h	1,350.6	−0.010%	$52.2M	$131.3M	50x	as long as short
SoDEX SKHX-USDshort	+0.0720%	1h	1,349.7	−0.078%	$243	$8K	10x
tradeXYZ xyz:SKHX	+0.0825%	1h	1,348.4	−0.173%	$295.6M	$270.0M	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.1026%	1h	1,349.6	−0.084%	$252K	$974K	10x	as long as short
Bullet SKHYNIX-USD	+0.1080%	1h	1,350.5	−0.016%	$15K	$467K	10x	as long as short