Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.006%

Price spread now: HTX against Bybit−0.029%7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$340.339% of the position

Long on Bybit Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.001%$0 on $10k

Price spread, last 4 days (all we have)+0.047%+$5 · spread now −0.029%, 7d avg +0.002%

Together, before fees+0.048%+$5 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.030% cheaper against Bybit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SKHYNIXUSDT	1,361.9	0	get 0.0000% / 8h	2h 24m	$19.5M	$31.4M	100x
Short	HTX SKHYNIX-USDT	1,361.5	0	get 0.0000% / 4h	2h 24m	$1.3M	$2.4M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against Bybit. 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 BybitbpFee HTXbpOrdersPrice spread, now −0.029%Rate

Funding earned: $0
Price spread: −0.029% → +0.002%: −$3.02
Slippage, 4 orders: −$10.92
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee HTX: 6 bp × 2 orders: −$12
Net: −$36.94
Costs to cover: 0.339%
Break-even: never at this rate

Slippage from Bybit: live order book, 5 min ago; HTX: live order book, 5 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 Bybit live order book, 5 min ago	0.22 bp	8.1 bp −$8	11.1 bp −$111	57.7 bp −$5,770	doesn't fit
Sell HTX live order book, 5 min ago	1.96 bp	8.7 bp −$9	11.0 bp −$110	25.4 bp −$2,540	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	−0.0331%	4h	1,354.3	−0.559%	$3.3M	$420K	10x	as long as short
BloFin SKHYNIX-USDT	−0.0003%	4h	1,359.1	−0.203%	$2.6M	$4.0M	50x	as long as short
Aster SKHYNIXUSD1	0.0000%	4h	1,361.7	−0.012%	$18.4M	$37.3M	20x	as long as short
Extended SKHYNIX-USD	0.0000%	1h	1,361.3	−0.040%	$2.3M	$78K	10x	as long as short
Binance SKHYNIXUSDT	0.0000%	4h	1,361.4	−0.032%	$335.6M	$863.4M	50x	as long as short
Bybit SKHYNIXUSDTlong	0.0000%	8h	1,361.9	long leg	$19.5M	$31.4M	100x
Gate SKHYNIX_USDT	0.0000%	4h	1,361.6	−0.018%	$143.5M	$75.1M	75x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,361.3	−0.039%	$1K	$543K	10x	as long as short
HTX SKHYNIX-USDTshort	0.0000%	4h	1,361.5	−0.029%	$1.3M	$2.4M	50x
Phemex SKHYNIXUSDT	0.0000%	8h	1,360.8	−0.076%	$1.2M	$776K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SKHYNIX_USDT_Perp	+0.0016%	4h	1,358.5	−0.250%	$97K	$210K	10x	as long as short
SoDEX SKHX-USD	+0.0050%	1h	1,360.9	−0.070%	$724	$8K	10x	as long as short
Pacifica SKHYNIX	+0.0100%	1h	1,358.1	−0.273%	$103K	$422K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,360.4	−0.105%	$5.0M	$8.2M	20x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,355.2	−0.493%	$141K	$259K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,360.5	−0.101%	$4K	$858	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,361.7	−0.014%	$32K	—	10x	as long as short
tradeXYZ xyz:SKHX	+0.0111%	1h	1,360.2	−0.123%	$295.6M	$244.6M	10x	as long as short
Aftermath Perps SKHYNIXUSD	+0.0231%	1h	1,359	−0.212%	$686	$37K	5x	as long as short
Bullet SKHYNIX-USD	+0.0232%	1h	1,359.1	−0.201%	$15K	$469K	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0238%	1h	1,359.7	−0.159%	$263K	$997K	10x	as long as short
Bitget SKHYNIXUSDT	+0.0240%	4h	1,362	+0.007%	$22.2M	$31.3M	20x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0381%	8h	1,362	+0.010%	$53.4M	$124.6M	50x	as long as short