Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0360%/8h= +39.5% APRpaid last 24h +0.055%

Price spread now: OKX against HTX+0.123%7-day average −0.002% · you sell dearer than you buy

Net, funding: paid 7d − costs−$5as in the Funding arb table

Net, price: spread back to 7d avg − costs−$18as in the Price arb table

costs, in and out, $10k−$310.309% of the position

Long on HTX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.261%+$26 on $10k

Price spread, last 4 days (all we have)−0.166%−$17 · spread now +0.123%, 7d avg −0.002%

Together, before fees+0.095%+$10 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and OKX is 0.126% dearer against HTX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SKHYNIX-USDT	1,376.7	0	get 0.0000% / 4h	2h 45m	$1.3M	$2.4M	50x
Short	OKX SKHYNIX-USDT-SWAP	1,378.4	0.0360	get 0.0360% / 8h	2h 45m	$54.0M	$119.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX against HTX. 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 HTXbpFee OKXbpOrdersPrice spread, now +0.123%Rate

Funding earned: $75.67
Price spread: +0.123% → −0.002%: $12.57
Slippage, 4 orders: −$8.93
Fee HTX: 6 bp × 2 orders: −$12
Fee OKX: 5 bp × 2 orders: −$10
Net: $57.3
Costs to cover: 0.309%
Break-even: 1.7 days

Slippage from HTX: live order book, 3 min ago; OKX: live order book, 3 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 HTX live order book, 3 min ago	1.81 bp	10.0 bp −$10	11.0 bp −$110	26.7 bp −$2,671	doesn't fit
Sell OKX live order book, 3 min ago	0.36 bp	6.0 bp −$6	7.7 bp −$77	21.3 bp −$2,128	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	−0.0498%	4h	1,375.7	−0.070%	$3.4M	$392K	10x	as long as short
BloFin SKHYNIX-USDT	−0.0030%	4h	1,376	−0.050%	$2.6M	$4.1M	50x	as long as short
Aster SKHYNIXUSD1	0.0000%	4h	1,379	+0.167%	$18.7M	$37.1M	20x	as long as short
Extended SKHYNIX-USD	0.0000%	1h	1,378.1	+0.102%	$2.4M	$71K	10x	as long as short
Binance SKHYNIXUSDT	0.0000%	4h	1,378.6	+0.136%	$339.5M	$826.0M	50x	as long as short
Bybit SKHYNIXUSDT	0.0000%	8h	1,379	+0.169%	$19.9M	$31.0M	100x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,379	+0.169%	$142.3M	$71.2M	75x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,378.3	+0.113%	$99K	$208K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,375.7	−0.073%	$988	$564K	10x	as long as short
HTX SKHYNIX-USDTlong	0.0000%	4h	1,376.7	long leg	$1.3M	$2.4M	50x

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	+0.054%	$1.2M	$776K	10x	as long as short
SoDEX SKHX-USD	+0.0050%	1h	1,377.3	+0.040%	$733	$8K	10x	as long as short
tradeXYZ xyz:SKHX	+0.0071%	1h	1,376.5	−0.015%	$298.9M	$234.1M	10x	as long as short
Pacifica SKHYNIX	+0.0100%	1h	1,378.3	+0.119%	$105K	$411K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,377.2	+0.039%	$5.1M	$8.1M	20x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,378.3	+0.115%	$144K	$260K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,377.6	+0.068%	$5K	$858	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,378.3	+0.115%	$32K	—	10x	as long as short
Bullet SKHYNIX-USD	+0.0176%	1h	1,378.2	+0.107%	$14K	$470K	10x	as long as short
Aftermath Perps SKHYNIXUSD	+0.0186%	1h	1,378.3	+0.114%	$657	$37K	5x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0186%	1h	1,377.8	+0.080%	$266K	$997K	10x	as long as short
Bitget SKHYNIXUSDT	+0.0202%	4h	1,378.9	+0.161%	$22.3M	$30.0M	20x	as long as short
OKX SKHYNIX-USDT-SWAPshort	+0.0360%	8h	1,378.4	+0.123%	$54.0M	$119.9M	50x