Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.018%

Price spread now: Bybit against Gate+0.065%7-day average −0.019% · you sell dearer than you buy

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

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$340.335% of the position

Long on Gate Short on Bybit

What this pair did over the last

the charts below follow

Funding, last 7 days−0.001%$0 on $10k

Price spread, last 7 days−0.138%−$14 · spread now +0.065%, 7d avg −0.019%

Together, before fees−0.139%−$14 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: Bybit is 0.084% dearer against Gate than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SKHYNIX_USDT	1,410.2	0	get 0.0000% / 4h	2h 03m	$142.9M	$65.0M	75x
Short	Bybit SKHYNIXUSDT	1,411.1	0	get 0.0000% / 8h	6h 03m	$20.4M	$33.4M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against Gate. 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 GatebpFee BybitbpOrdersPrice spread, now +0.065%Rate

Funding earned: $0
Price spread: +0.065% → −0.019%: $8.42
Slippage, 4 orders: −$7.54
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$25.12
Costs to cover: 0.335%
Break-even: never at this rate

Slippage from Gate: live order book, 6 min ago; Bybit: 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 Gate live order book, 6 min ago	0.04 bp	9.1 bp −$9	25.9 bp −$259	34.2 bp −$3,418	57.4 bp −$28.7K
Sell Bybit live order book, 5 min ago	0.04 bp	8.2 bp −$8	10.6 bp −$106	38.4 bp −$3,842	doesn't fit

SKHYNIX on 22 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	−0.0696%	4h	1,406.9	−0.233%	$3.5M	$403K	10x	as long as short
Aster SKHYNIXUSD1	0.0000%	4h	1,410.3	+0.005%	$18.9M	$40.8M	20x	as long as short
Bybit SKHYNIXUSDTshort	0.0000%	8h	1,411.1	+0.065%	$20.4M	$33.4M	100x
Gate SKHYNIX_USDTlong	0.0000%	4h	1,410.2	long leg	$142.9M	$65.0M	75x
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,407.1	−0.221%	$102K	$195K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,409.6	−0.042%	$1K	$651K	10x	as long as short
HTX SKHYNIX-USDT	0.0000%	4h	1,408.5	−0.123%	$1.3M	$2.4M	50x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,410.6	+0.026%	$1.2M	$768K	10x	as long as short
SoDEX SKHX-USD	+0.0050%	1h	1,409.9	−0.025%	$750	$8K	10x	as long as short
Extended SKHYNIX-USD	+0.0056%	1h	1,409.5	−0.049%	$2.4M	$71K	10x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance SKHYNIXUSDT	+0.0059%	4h	1,410.6	+0.027%	$352.0M	$745.4M	50x	as long as short
Pacifica SKHYNIX	+0.0100%	1h	1,408.4	−0.129%	$129K	$387K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,409.8	−0.031%	$5.2M	$8.1M	20x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,407.4	−0.201%	$147K	$262K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,409.8	−0.029%	$5K	$798	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,410.5	+0.019%	$33K	—	10x	as long as short
Bullet SKHYNIX-USD	+0.0130%	1h	1,409.7	−0.038%	$15K	$466K	10x	as long as short
tradeXYZ xyz:SKHX	+0.0188%	1h	1,409.2	−0.072%	$318.9M	$203.8M	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0204%	1h	1,409.8	−0.030%	$276K	$1.0M	10x	as long as short
Bitget SKHYNIXUSDT	+0.0294%	4h	1,411.1	+0.059%	$23.8M	$25.8M	20x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0313%	8h	1,411.3	+0.077%	$56.0M	$114.8M	50x	as long as short
Aftermath Perps SKHYNIXUSD	+0.0891%	1h	1,406.7	−0.253%	$749	$38K	5x	as long as short