Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0037%/8h= −4.0% APRpaid last 24h +0.014%

Price spread now: Bitget against OKX−0.002%7-day average +0.021% · you buy dearer than you sell

Net, funding: paid 7d − costs−$23as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$260.260% of the position

Long on OKX Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.031%+$3 on $10k

Price spread, last 7 days+0.034%+$3 · spread now −0.002%, 7d avg +0.021%

Together, before fees+0.065%+$7 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Bitget is 0.023% cheaper against OKX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.021%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	OKX SKHYNIX-USDT-SWAP	1,410.2	0.0269	pay 0.0269% / 8h	6h 42m	$54.3M	$111.4M	50x
Short	Bitget SKHYNIXUSDT	1,410.2	0.0232	get 0.0116% / 4h	2h 42m	$23.9M	$25.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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 OKXbpFee BitgetbpOrdersPrice spread, now −0.002%Rate

Funding earned: −$7.71
Price spread: −0.002% → +0.021%: −$2.27
Slippage, 4 orders: −$3.96
Fee OKX: 5 bp × 2 orders: −$10
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$35.94
Costs to cover: 0.260%
Break-even: never at this rate

Slippage from OKX: live order book, 2 min ago; Bitget: live order book, 2 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 OKX live order book, 2 min ago	0.35 bp	5.4 bp −$5	6.7 bp −$67	19.4 bp −$1,936	doesn't fit
Sell Bitget live order book, 2 min ago	0.43 bp	8.0 bp −$8	13.7 bp −$137	doesn't fit	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	−0.0062%	4h	1,408.7	−0.107%	$3.5M	$424K	10x	as long as short
Bybit SKHYNIXUSDT	0.0000%	8h	1,410.4	+0.017%	$20.6M	$33.1M	100x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,409.4	−0.056%	$142.5M	$62.8M	75x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,409.2	−0.074%	$102K	$196K	10x	as long as short
Bullet SKHYNIX-USD	0.0000%	1h	1,408.2	−0.142%	$15K	$468K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,407.1	−0.223%	$1K	$690K	10x	as long as short
HTX SKHYNIX-USDT	0.0000%	4h	1,408.1	−0.148%	$1.3M	$2.2M	50x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,408.8	−0.098%	$1.2M	$769K	10x	as long as short
Aster SKHYNIXUSD1	+0.0015%	4h	1,408.2	−0.143%	$18.9M	$41.5M	20x	as long as short
SoDEX SKHX-USD	+0.0050%	1h	1,407.7	−0.178%	$749	$8K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps SKHYNIX-USD	+0.0088%	1h	1,407.8	−0.170%	$293K	$946K	10x	as long as short
Pacifica SKHYNIX	+0.0100%	1h	1,407.5	−0.190%	$134K	$385K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,408	−0.156%	$5.2M	$8.1M	20x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,410.2	+0.001%	$147K	$261K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,407.9	−0.166%	$5K	$798	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,408.8	−0.097%	$33K	—	10x	as long as short
tradeXYZ xyz:SKHX	+0.0125%	1h	1,407.7	−0.177%	$321.8M	$201.5M	10x	as long as short
Extended SKHYNIX-USD	+0.0128%	1h	1,409.2	−0.072%	$2.4M	$78K	10x	as long as short
Binance SKHYNIXUSDT	+0.0131%	4h	1,408.7	−0.108%	$352.4M	$744.2M	50x	as long as short
BloFin SKHYNIX-USDT	+0.0228%	4h	1,411.8	+0.111%	$2.6M	$4.2M	50x	as long as short
Bitget SKHYNIXUSDTshort	+0.0232%	4h	1,410.2	−0.002%	$23.9M	$25.3M	20x
OKX SKHYNIX-USDT-SWAPlong	+0.0269%	8h	1,410.2	long leg	$54.3M	$111.4M	50x
Aftermath Perps SKHYNIXUSD	+0.1520%	1h	1,409.1	−0.081%	$702	$38K	5x	as long as short