Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.035%

Price spread now: KuCoin against SoDEX−0.029%7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on KuCoin

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. KuCoin is 0.029% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.029% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 46 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX SKHX-USD	1,377.3	0.0050	pay 0.0006% / 1h	45m 43s	$733	$8K	10x
Short	KuCoin SKHYNIXUSDTM	1,376.9	0.0100	get 0.0050% / 4h	2h 45m	$5.1M	$8.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.029%Rate

Funding earned: $10.5
Price spread: −0.029% → 0.000%: −$2.9
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$12.4
Costs to cover: 0.200%
Break-even: 15.3 days

Slippage unknown: SoDEX: no order-book sample; KuCoin: live order book, 7 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 KuCoin live order book, 7 min ago	0.22 bp	11.3 bp −$11	46.9 bp −$469	doesn't fit	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	−0.0189%	4h	1,380.4	+0.230%	$3.4M	$392K	10x	as long as short
BloFin SKHYNIX-USDT	−0.0030%	4h	1,376	−0.090%	$2.6M	$4.1M	50x	as long as short
Aster SKHYNIXUSD1	0.0000%	4h	1,377.9	+0.046%	$18.7M	$37.1M	20x	as long as short
Extended SKHYNIX-USD	0.0000%	1h	1,376.9	−0.023%	$2.4M	$71K	10x	as long as short
Binance SKHYNIXUSDT	0.0000%	4h	1,378.4	+0.086%	$339.5M	$825.8M	50x	as long as short
Bybit SKHYNIXUSDT	0.0000%	8h	1,378.9	+0.117%	$19.9M	$31.0M	100x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,378.5	+0.091%	$142.2M	$71.2M	75x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,382	+0.347%	$100K	$208K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,375.7	−0.113%	$988	$564K	10x	as long as short
HTX SKHYNIX-USDT	0.0000%	4h	1,376.7	−0.040%	$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	1,377.4	+0.014%	$1.2M	$776K	10x	as long as short
SoDEX SKHX-USDlong	+0.0050%	1h	1,377.3	long leg	$733	$8K	10x
tradeXYZ xyz:SKHX	+0.0071%	1h	1,376.5	−0.054%	$298.9M	$234.1M	10x	as long as short
Pacifica SKHYNIX	+0.0100%	1h	1,378	+0.054%	$105K	$411K	10x	as long as short
KuCoin SKHYNIXUSDTMshort	+0.0100%	4h	1,376.9	−0.029%	$5.1M	$8.1M	20x
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,382	+0.341%	$144K	$260K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,377.6	+0.028%	$5K	$858	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,378.3	+0.075%	$32K	—	10x	as long as short
Bullet SKHYNIX-USD	+0.0176%	1h	1,378.2	+0.067%	$14K	$470K	10x	as long as short
Aftermath Perps SKHYNIXUSD	+0.0186%	1h	1,378.3	+0.074%	$657	$37K	5x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0186%	1h	1,377.8	+0.040%	$266K	$997K	10x	as long as short
Bitget SKHYNIXUSDT	+0.0202%	4h	1,378.2	+0.065%	$22.3M	$30.1M	20x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0361%	8h	1,379.2	+0.142%	$54.0M	$120.0M	50x	as long as short