Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.007%

Price spread now: SoDEX against Gate−0.057%7-day average — · you buy dearer than you sell

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

Long on Gate 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 0.057% cheaper against Gate than usual: you would sell low and buy high (spread −0.057% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 3.8 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SKHYNIX_USDT	1,410.8	0	get 0.0000% / 4h	38m 46s	$143.3M	$64.4M	75x
Short	SoDEX SKHX-USD	1,410	0.0050	get 0.0006% / 1h	38m 46s	$750	$8K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.057%Rate

Funding earned: $10.5
Price spread: −0.057% → 0.000%: −$5.74
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$18.24
Costs to cover: 0.230%
Break-even: 19.2 days

Slippage unknown: Gate: live order book, 5 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 Gate live order book, 5 min ago	0.64 bp	10.9 bp −$11	23.5 bp −$235	32.8 bp −$3,276	55.4 bp −$27.7K
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	−0.0545%	4h	1,410.9	+0.007%	$3.5M	$371K	10x	as long as short
BloFin SKHYNIX-USDT	−0.0018%	4h	1,410.1	−0.050%	$2.7M	$4.1M	50x	as long as short
Aster SKHYNIXUSD1	0.0000%	4h	1,410.3	−0.033%	$18.8M	$39.8M	20x	as long as short
Extended SKHYNIX-USD	0.0000%	1h	1,409.9	−0.061%	$2.4M	$71K	10x	as long as short
Binance SKHYNIXUSDT	0.0000%	4h	1,410.2	−0.042%	$349.5M	$750.5M	50x	as long as short
Bybit SKHYNIXUSDT	0.0000%	8h	1,411	+0.013%	$20.5M	$32.0M	100x	as long as short
Gate SKHYNIX_USDTlong	0.0000%	4h	1,410.8	long leg	$143.3M	$64.4M	75x
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,411.7	+0.063%	$102K	$198K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,410	−0.058%	$1K	$618K	10x	as long as short
HTX SKHYNIX-USDT	0.0000%	4h	1,412	+0.086%	$1.3M	$2.4M	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex SKHYNIXUSDT	0.0000%	8h	1,410.6	−0.016%	$1.2M	$766K	10x	as long as short
Bullet SKHYNIX-USD	+0.0010%	1h	1,410.4	−0.028%	$15K	$470K	10x	as long as short
tradeXYZ xyz:SKHX	+0.0050%	1h	1,409.5	−0.092%	$317.3M	$208.2M	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0050%	1h	1,410.2	−0.043%	$276K	$1.0M	10x	as long as short
SoDEX SKHX-USDshort	+0.0050%	1h	1,410	−0.057%	$750	$8K	10x
Pacifica SKHYNIX	+0.0100%	1h	1,410.1	−0.050%	$128K	$386K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,410.5	−0.025%	$5.2M	$8.0M	20x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,411.4	+0.043%	$147K	$260K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,410.2	−0.044%	$5K	$798	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,410.9	+0.009%	$33K	—	10x	as long as short
Bitget SKHYNIXUSDT	+0.0250%	4h	1,410.8	−0.002%	$23.4M	$26.1M	20x	as long as short
Aftermath Perps SKHYNIXUSD	+0.0321%	1h	1,410	−0.055%	$672	$38K	5x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0337%	8h	1,410.9	+0.007%	$55.9M	$114.4M	50x	as long as short