Funding arb · Price arb / RWA

SKHYNIX

RWAAll SKHYNIX markets →

LONGBybit▾Aftermath Perps −0.0038%BloFin −0.0002%Aster 0.0000%Extended 0.0000%Binance 0.0000%Gate 0.0000%KuCoin 0.0000%Bitget 0.0000%SunX 0.0000%HTX 0.0000%Phemex 0.0000%GRVT +0.0008%Orderly +0.0016%tradeXYZ +0.0050%Polymarket Perps +0.0050%SoDEX +0.0050%Pacifica +0.0100%ApeX Omni +0.0100%Aevo +0.0104%Bullet +0.0156%Bybit +0.0265%BingX +0.0298%OKX +0.0301%RISEx +0.0335%edgeX +0.0677%

⇄⇅

SHORTPopdex▾edgeX +0.0677%RISEx +0.0335%OKX +0.0301%BingX +0.0298%Bullet +0.0156%Aevo +0.0104%Pacifica +0.0100%ApeX Omni +0.0100%tradeXYZ +0.0050%Polymarket Perps +0.0050%SoDEX +0.0050%Popdex +0.0048%Orderly +0.0016%GRVT +0.0008%Aster 0.0000%Extended 0.0000%Binance 0.0000%Gate 0.0000%KuCoin 0.0000%Bitget 0.0000%SunX 0.0000%HTX 0.0000%Phemex 0.0000%BloFin −0.0002%Aftermath Perps −0.0038%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	BybitSKHYNIXUSDT	1,308.5	+0.0265	pay 0.0265% / 8h	6h 40m	$13.9M	$17.3M	100x	Long Bybit
SHORT	PopdexSKHYNIXUSDT	1,308.1	+0.0048	get 0.0006% / 1h	40m 39s	$393K	$370K	20x	Short Popdex

Price gap−0.034%

Funding gap−0.0217% /8h

Both sides work against this direction now: funding costs $7 a day on $10k and the gap is 0.033% 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 +0.073% in total, about +0.0036%/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−0.034%

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

BybitPopdex

SKHYNIX on 26 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

• ✓
  OK: Fits both order books8.0 / 5.1 bp

  Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
• i
  Note: Margin at max leverage$100 + $500

  Bybit 100x, Popdex 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• !
  Watch: Payment intervals differ8h / 1h

  Payments land at different times. Close right after the slower leg pays.

  Long Bybit · 8h−$7.96

  Short Popdex · 1h+$1.44

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

  Next 24h at the current rates, on $10k a leg: −$6.52Long Bybit: 3 payments, −$7.96; short Popdex: 24 payments, +$1.44.
• !
  Watch: Gap narrower than usual−0.034% vs −0.001%

  Less room for the price leg to pay you. If it goes back to average, the short loses.
• !
  Watch: Short leg is thinner$393K vs $13.9M OI

  Popdex sets your exit cost. Check its book before closing.
• i
  Note: No points program—

  Neither exchange runs points right now.
• !
  Watch: KYCBybit Yes · Popdex No

  Standard verification is mandatory for every product.

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+0.0036%/8h × 21 periods+$7.61

Price spread−0.034% → −0.001% (7d avg)−$3.25

Slippage, 4 orderslive order books−$10.61

Fee Bybit bp × 2 orders−$11.00

Fee Popdex bp × 2 orders−$6.40

Net · 7 days · $10k−$23.65

Costs to cover0.280%Break-even28.7 days

Slippage: Bybit: live order book, 4 min ago; Popdex: live order book, 44 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGBybit0.538.0 bp−$811.8 bp−$11878.3 bp−$7,827doesn’t fit

SELL · SHORTPopdex1.555.1 bp−$59.4 bp−$94doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

FundingSpread

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

Create alert

SKHYNIX news

posts that mention SKHYNIX or SK hynix, from every exchangeSearch all news →

09-29 11:07	RISEx	Points	Micron reports after the US close on September 30. The entire memory trades will take its cue from that print. For the next two weeks, these three get a 20% boost on points: $MU $SKHYNIX $NVDA Trade Memory Week on RISEx @risextrade on X ↗
09-28 19:52	gTrade (Gains Network)	Listing	SKHYNIX/USD no longer reported ($SKHYNIX) seen by our collector
09-28 14:46	RISEx	Other	This week on RISEx Market Desk: Macro: A third central bank joins the hiking cycle, and Friday delivers the first jobs report since the Fed’s pivot Crypto: Solana’s biggest upgrade yet goes live, NEAR ETF clears key hurdles, and Zcash pulls off a 3-for-1 split. Equities: One trade, three tickers - Micron ($MU) reports after the close, with potential spillover to $SKHYNIX, $DRAM, and $SNDK Watching Friday closely. Trade well @risextrade on X ↗
09-25 19:30	Vest Markets	Other	Heading into the close, Korean chip names are extending their advance, with $EWY up around 2.5% today. SK Hynix and Samsung Electronics, which make up nearly half the fund, are extending gains on AI memory demand. The fund is up around 135% over the past year and about 14% below its June high. @VestExchange on X ↗
09-24 11:42	RISEx	Other	Happy Trading $NVDA: $SKHYNIX: @risextrade on X ↗
09-24 11:42	RISEx	Other	$NVDA at 20x for compute. $SKHYNIX at 10x for the memory Your AI thesis has more legs now, and 24/7 too on RISEx @risextrade on X ↗