Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0208%/8h= +22.8% APRpaid last 24h +0.002%

Price spread now: OKX against Bitget+0.050%7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$32as in the Funding arb table

Net, price: spread back to 7d avg − costs−$20as in the Price arb table

costs, in and out, $10k−$270.271% of the position

Long on Bitget Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.049%−$5 on $10k

Price spread, last 7 days−0.059%−$6 · spread now +0.050%, 7d avg −0.020%

Together, before fees−0.108%−$11 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and OKX is 0.070% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.020%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.049% in total (about -2.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SKHYNIXUSDT	1,384.6	0.0092	pay 0.0046% / 4h	19m 30s	$24.1M	$26.8M	20x
Short	OKX SKHYNIX-USDT-SWAP	1,385.3	0.0300	get 0.0300% / 8h	19m 30s	$52.5M	$113.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against Bitget. 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 BitgetbpFee OKXbpOrdersPrice spread, now +0.050%Rate

Funding earned: $43.71
Price spread: +0.050% → −0.020%: $6.98
Slippage, 4 orders: −$5.13
Fee Bitget: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: $23.57
Costs to cover: 0.271%
Break-even: 3.2 days

Slippage from Bitget: live order book, 4 min ago; OKX: live order book, 4 min ago.

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 Bitget live order book, 4 min ago	0.29 bp	7.7 bp −$8	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 4 min ago	0.36 bp	5.9 bp −$6	7.0 bp −$70	23.7 bp −$2,370	doesn't fit

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	−0.0359%	4h	1,380.7	−0.282%	$3.4M	$431K	10x	as long as short
SoDEX SKHX-USD	−0.0014%	1h	1,384.7	+0.003%	$737	$8K	10x	as long as short
Bullet SKHYNIX-USD	0.0000%	1h	1,383.5	−0.080%	$14K	$467K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,382.9	−0.126%	$1K	$893K	10x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,383.6	−0.074%	$1.2M	$769K	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0050%	1h	1,384.8	+0.014%	$277K	$1.6M	10x	as long as short
Aster SKHYNIXUSD1	+0.0057%	4h	1,382.1	−0.184%	$18.5M	$42.8M	20x	as long as short
tradeXYZ xyz:SKHX	+0.0088%	1h	1,384.9	+0.021%	$346.5M	$186.6M	10x	as long as short
Bitget SKHYNIXUSDTlong	+0.0092%	4h	1,384.6	long leg	$24.1M	$26.8M	20x
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,382	−0.188%	$5K	$1K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo SKHX-PERP	+0.0104%	1h	1,384.6	−0.002%	$32K	—	10x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0116%	1h	1,381.8	−0.202%	$144K	$263K	50x	as long as short
Gate SKHYNIX_USDT	+0.0130%	4h	1,384.9	+0.020%	$137.0M	$73.5M	75x	as long as short
HTX SKHYNIX-USDT	+0.0143%	4h	1,383.3	−0.098%	$1.2M	$2.2M	50x	as long as short
KuCoin SKHYNIXUSDTM	+0.0166%	4h	1,383.2	−0.103%	$5.1M	$8.2M	20x	as long as short
BloFin SKHYNIX-USDT	+0.0206%	4h	1,382.8	−0.129%	$2.5M	$4.1M	50x	as long as short
Extended SKHYNIX-USD	+0.0264%	1h	1,383.3	−0.093%	$2.4M	$225K	10x	as long as short
Binance SKHYNIXUSDT	+0.0269%	4h	1,383.6	−0.070%	$353.1M	$739.5M	50x	as long as short
OKX SKHYNIX-USDT-SWAPshort	+0.0300%	8h	1,385.3	+0.050%	$52.5M	$113.0M	50x
Bybit SKHYNIXUSDT	+0.0306%	8h	1,384.7	+0.005%	$20.4M	$36.4M	100x	as long as short
GRVT SKHYNIX_USDT_Perp	+0.0418%	4h	1,381.4	−0.230%	$104K	$208K	10x	as long as short
Pacifica SKHYNIX	+0.0621%	1h	1,384.1	−0.039%	$148K	$407K	10x	as long as short
Aftermath Perps SKHYNIXUSD	+0.0746%	1h	1,383.2	−0.104%	$673	$39K	5x	as long as short