Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.030%

Price spread now: ApeX Omni against Orderly−0.028%70s7-day average — · you buy dearer than you sell

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

Long on Orderly Short on ApeX Omni

What this pair did over the last

the charts below follow

Funding, last 5 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 between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.028% cheaper against Orderly than usual: you would sell low and buy high, −$3 on $10k if it goes back to zero (this spread has no 7-day history yet). The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_SKHYNIX_USDC_mythos	1,413.1	0.0100	pay 0.0100% / 8h	6h 59m	$5K	$798	10x
Short	ApeX Omni SKHYNIXUSDT	1,412.7	0.0100	get 0.0013% / 1h	59m 36s	$147K	$262K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

ApeX Omni against Orderly. 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 OrderlybpFee ApeX OmnibpOrdersPrice spread, now −0.028%Rate

Funding earned: $0
Price spread: −0.028% → 0.000%: −$2.83
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee ApeX Omni: 5 bp × 2 orders: −$10
Net: −$18.83
Costs to cover: 0.160%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; ApeX Omni: 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 Orderly no order-book sample	—	—	—	—	—
Sell ApeX Omni live order book, 7 min ago	6.97 bp	12.4 bp −$12	35.1 bp −$351	doesn't fit	doesn't fit

Orderly: 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	−0.0718%	4h	1,412.8	−0.024%	$3.5M	$435K	10x	as long as short
Bybit SKHYNIXUSDT	0.0000%	8h	1,414.2	+0.073%	$20.6M	$33.1M	100x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,414.4	+0.088%	$143.2M	$62.0M	75x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,415	+0.130%	$103K	$198K	10x	as long as short
Bullet SKHYNIX-USD	0.0000%	1h	1,413.8	+0.047%	$15K	$467K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,413.8	+0.050%	$930	$713K	10x	as long as short
HTX SKHYNIX-USDT	0.0000%	4h	1,414	+0.061%	$1.3M	$2.2M	50x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,413.6	+0.033%	$1.2M	$769K	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0050%	1h	1,414.4	+0.090%	$294K	$927K	10x	as long as short
SoDEX SKHX-USD	+0.0050%	1h	1,413.2	+0.004%	$752	$8K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SKHYNIXUSD1	+0.0086%	4h	1,413.2	+0.005%	$18.9M	$42.0M	20x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,412.6	−0.040%	$5.2M	$8.2M	20x	as long as short
ApeX Omni SKHYNIXUSDTshort	+0.0100%	1h	1,412.7	−0.028%	$147K	$262K	50x
Orderly PERP_SKHYNIX_USDC_mythoslong	+0.0100%	8h	1,413.1	long leg	$5K	$798	10x
Aevo SKHX-PERP	+0.0104%	1h	1,414.1	+0.066%	$33K	—	10x	as long as short
BloFin SKHYNIX-USDT	+0.0167%	4h	1,412	−0.079%	$2.6M	$4.2M	50x	as long as short
Binance SKHYNIXUSDT	+0.0212%	4h	1,413	−0.010%	$354.4M	$742.7M	50x	as long as short
Extended SKHYNIX-USD	+0.0216%	1h	1,412.7	−0.032%	$2.4M	$182K	10x	as long as short
tradeXYZ xyz:SKHX	+0.0242%	1h	1,413	−0.009%	$330.4M	$192.5M	10x	as long as short
Bitget SKHYNIXUSDT	+0.0254%	4h	1,413.9	+0.054%	$24.0M	$25.2M	20x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0277%	8h	1,414.4	+0.090%	$54.5M	$111.0M	50x	as long as short
Pacifica SKHYNIX	+0.0467%	1h	1,413.5	+0.027%	$135K	$385K	10x	as long as short
Aftermath Perps SKHYNIXUSD	+0.2049%	1h	1,413.2	+0.004%	$704	$38K	5x	as long as short