Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.023%

Price spread now: SunX against SoDEX+0.319%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 SunX

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. SunX is 0.319% dearer against SoDEX than usual: you sell high and buy low (spread +0.319% now, against zero (this spread has no 7-day history yet)): +$32 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 21 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX SKHX-USD	1,354.7	0.0050	pay 0.0006% / 1h	39m 26s	$721	$8K	10x
Short	SunX SKHYNIX-USDT	1,359	0	get 0.0000% / 4h	1h 39m	$818	$499K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX 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 SunXbpOrdersPrice spread, now +0.319%Rate

Funding earned: −$10.5
Price spread: +0.319% → 0.000%: $31.89
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: $5.39
Costs to cover: 0.160%
Break-even: from the start

Slippage unknown: SoDEX: no order-book sample; SunX: live order book, 22 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 SunX live order book, 22 min ago	30.80 bp	34.8 bp −$35	doesn't fit	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
BloFin SKHYNIX-USDT	−0.0046%	4h	1,355.4	+0.049%	$2.6M	$4.0M	50x	as long as short
edgeX SKHYNIXUSDC	−0.0034%	4h	1,355.5	+0.058%	$3.3M	$430K	10x	as long as short
Aster SKHYNIXUSD1	0.0000%	4h	1,355	+0.021%	$18.3M	$36.4M	20x	as long as short
Extended SKHYNIX-USD	0.0000%	1h	1,353.8	−0.068%	$2.3M	$78K	10x	as long as short
Binance SKHYNIXUSDT	0.0000%	4h	1,354.1	−0.045%	$327.8M	$915.9M	50x	as long as short
Bybit SKHYNIXUSDT	0.0000%	8h	1,354	−0.051%	$19.4M	$30.9M	100x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,354.7	+0.002%	$141.0M	$74.9M	75x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,355.5	+0.056%	$98K	$217K	10x	as long as short
Bullet SKHYNIX-USD	0.0000%	1h	1,355.4	+0.052%	$13K	$469K	10x	as long as short
SunX SKHYNIX-USDTshort	0.0000%	4h	1,359	+0.319%	$818	$499K	10x

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SKHYNIX-USDT	0.0000%	4h	1,355.7	+0.071%	$1.2M	$2.5M	50x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,355.6	+0.067%	$1.2M	$776K	10x	as long as short
tradeXYZ xyz:SKHX	+0.0050%	1h	1,353.8	−0.066%	$291.9M	$254.9M	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0050%	1h	1,353.8	−0.066%	$255K	$986K	10x	as long as short
SoDEX SKHX-USDlong	+0.0050%	1h	1,354.7	long leg	$721	$8K	10x
Pacifica SKHYNIX	+0.0100%	1h	1,354	−0.054%	$103K	$426K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,354	−0.049%	$5.0M	$8.1M	20x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,355.7	+0.075%	$141K	$259K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,355.4	+0.050%	$4K	$858	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,355.4	+0.054%	$32K	—	10x	as long as short
Aftermath Perps SKHYNIXUSD	+0.0173%	1h	1,357.2	+0.187%	$653	$37K	5x	as long as short
Bitget SKHYNIXUSDT	+0.0212%	4h	1,354.2	−0.038%	$22.6M	$32.9M	20x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0308%	8h	1,352.7	−0.148%	$52.5M	$128.8M	50x	as long as short