Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0319%/8h= −34.9% APRpaid last 24h +0.012%

Price spread now: Bybit against SoDEX+0.090%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Bybit

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

The price spread pays, funding is against you. Bybit is 0.090% dearer against SoDEX than usual: you sell high and buy low (spread +0.090% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 23 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX SKHX-USD	1,349.8	0.0319	pay 0.0040% / 1h	49m 05s	$259	$8K	10x
Short	Bybit SKHYNIXUSDT	1,351	0	get 0.0000% / 8h	49m 05s	$19.1M	$30.9M	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bybit against SoDEX. 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 SoDEXbpFee BybitbpOrdersPrice spread, now +0.090%Rate

Funding earned: −$66.98
Price spread: +0.090% → 0.000%: $9.04
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$76.94
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Bybit: live order book, 5 min ago. 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 SoDEX no order-book sample	—	—	—	—	—
Sell Bybit live order book, 5 min ago	0.04 bp	5.8 bp −$6	11.8 bp −$118	49.0 bp −$4,902	doesn't fit

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	−0.0490%	4h	1,349.4	−0.032%	$3.3M	$430K	10x	as long as short
Aftermath Perps SKHYNIXUSD	−0.0058%	1h	1,349.9	+0.008%	$683	$36K	5x	as long as short
BloFin SKHYNIX-USDT	−0.0003%	4h	1,351.7	+0.144%	$2.5M	$4.0M	50x	as long as short
Aster SKHYNIXUSD1	0.0000%	4h	1,350.3	+0.039%	$18.3M	$33.4M	20x	as long as short
Extended SKHYNIX-USD	0.0000%	1h	1,351.1	+0.094%	$2.3M	$78K	10x	as long as short
Binance SKHYNIXUSDT	0.0000%	4h	1,351.4	+0.118%	$328.0M	$944.1M	50x	as long as short
Bybit SKHYNIXUSDTshort	0.0000%	8h	1,351	+0.090%	$19.1M	$30.9M	100x
Gate SKHYNIX_USDT	0.0000%	4h	1,352	+0.159%	$140.4M	$76.6M	75x	as long as short
Bitget SKHYNIXUSDT	0.0000%	4h	1,352	+0.161%	$21.8M	$34.2M	20x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,349.9	+0.006%	$98K	$219K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SKHYNIX-USDT	0.0000%	4h	1,351.4	+0.120%	$1K	$482K	10x	as long as short
HTX SKHYNIX-USDT	0.0000%	4h	1,350.5	+0.049%	$1.3M	$2.5M	50x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,352.1	+0.173%	$1.2M	$777K	10x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0088%	1h	1,350.2	+0.030%	$141K	$259K	50x	as long as short
Pacifica SKHYNIX	+0.0100%	1h	1,350.5	+0.052%	$102K	$433K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,350.4	+0.044%	$5.0M	$8.2M	20x	as long as short
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,350.1	+0.024%	$5K	$1K	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,350.7	+0.066%	$32K	—	10x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0259%	8h	1,351.7	+0.141%	$52.2M	$132.6M	50x	as long as short
SoDEX SKHX-USDlong	+0.0319%	1h	1,349.8	long leg	$259	$8K	10x
tradeXYZ xyz:SKHX	+0.0665%	1h	1,348.9	−0.067%	$295.6M	$268.7M	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0835%	1h	1,349.6	−0.015%	$252K	$984K	10x	as long as short
Bullet SKHYNIX-USD	+0.0867%	1h	1,351.3	+0.111%	$14K	$469K	10x	as long as short