Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.007%

Price spread now: SoDEX against Gate−0.024%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 0.024% cheaper against Gate than usual: you would sell low and buy high (spread −0.024% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 38 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	Gate SKHYNIX_USDT	1,387.6	0	get 0.0000% / 4h	3h 39m	$139.4M	$66.5M	75x
Short	SoDEX SKHX-USD	1,387.3	0.0050	get 0.0006% / 1h	39m 03s	$738	$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 −0.024%Rate

Funding earned: $10.5
Price spread: −0.024% → 0.000%: −$2.38
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$14.88
Costs to cover: 0.230%
Break-even: 16.9 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	0.65 bp	10.8 bp −$11	20.2 bp −$202	31.6 bp −$3,163	55.6 bp −$27.8K
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	−0.0785%	4h	1,391.2	+0.262%	$3.4M	$372K	10x	as long as short
BloFin SKHYNIX-USDT	−0.0018%	4h	1,387.3	−0.022%	$2.6M	$4.1M	50x	as long as short
Aster SKHYNIXUSD1	0.0000%	4h	1,387.9	+0.021%	$18.6M	$39.0M	20x	as long as short
Extended SKHYNIX-USD	0.0000%	1h	1,387.7	+0.007%	$2.4M	$71K	10x	as long as short
Binance SKHYNIXUSDT	0.0000%	4h	1,387.7	+0.006%	$345.2M	$777.3M	50x	as long as short
Bybit SKHYNIXUSDT	0.0000%	8h	1,388.2	+0.042%	$20.1M	$31.7M	100x	as long as short
Gate SKHYNIX_USDTlong	0.0000%	4h	1,387.6	long leg	$139.4M	$66.5M	75x
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,390.9	+0.239%	$100K	$204K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,392	+0.313%	$869	$583K	10x	as long as short
HTX SKHYNIX-USDT	0.0000%	4h	1,387.7	+0.003%	$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	1,387.9	+0.022%	$1.2M	$772K	10x	as long as short
tradeXYZ xyz:SKHX	+0.0050%	1h	1,387.1	−0.037%	$307.0M	$221.1M	10x	as long as short
SoDEX SKHX-USDshort	+0.0050%	1h	1,387.3	−0.024%	$738	$8K	10x
Bullet SKHYNIX-USD	+0.0061%	1h	1,387.1	−0.033%	$15K	$469K	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0071%	1h	1,387.4	−0.015%	$272K	$1.0M	10x	as long as short
Pacifica SKHYNIX	+0.0100%	1h	1,387.6	−0.002%	$121K	$395K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,387.3	−0.024%	$5.1M	$8.1M	20x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,393.3	+0.409%	$145K	$260K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,387.5	−0.009%	$5K	$858	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,388	+0.027%	$33K	—	10x	as long as short
Bitget SKHYNIXUSDT	+0.0242%	4h	1,388.3	+0.051%	$22.9M	$27.6M	20x	as long as short
Aftermath Perps SKHYNIXUSD	+0.0251%	1h	1,391.6	+0.285%	$663	$37K	5x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0408%	8h	1,388.2	+0.043%	$54.5M	$114.0M	50x	as long as short