Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.025%

Price spread now: HTX against Orderly+0.065%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on HTX

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

The price spread pays, funding is against you. HTX is 0.065% dearer against Orderly than usual: you sell high and buy low (spread +0.065% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_SKHYNIX_USDC_mythos	1,408.2	0.0100	pay 0.0100% / 8h	6h 14m	$5K	$798	10x
Short	HTX SKHYNIX-USDT	1,409.1	0	get 0.0000% / 4h	2h 14m	$1.3M	$2.3M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.065%Rate

Funding earned: −$21
Price spread: +0.065% → 0.000%: $6.46
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee HTX: 6 bp × 2 orders: −$12
Net: −$32.54
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; HTX: live order book, 5 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 HTX live order book, 5 min ago	0.04 bp	10.0 bp −$10	12.4 bp −$124	21.6 bp −$2,160	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 22 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	−0.0818%	4h	1,404.8	−0.240%	$3.4M	$399K	10x	as long as short
Aster SKHYNIXUSD1	0.0000%	4h	1,408.3	+0.004%	$18.9M	$40.8M	20x	as long as short
Bybit SKHYNIXUSDT	0.0000%	8h	1,408.6	+0.025%	$20.5M	$33.3M	100x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,409	+0.056%	$142.4M	$64.0M	75x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,405.7	−0.180%	$102K	$196K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,408.4	+0.015%	$923	$662K	10x	as long as short
HTX SKHYNIX-USDTshort	0.0000%	4h	1,409.1	+0.065%	$1.3M	$2.3M	50x
Phemex SKHYNIXUSDT	0.0000%	8h	1,408.6	+0.028%	$1.2M	$768K	10x	as long as short
Extended SKHYNIX-USD	+0.0040%	1h	1,407.8	−0.030%	$2.4M	$71K	10x	as long as short
Binance SKHYNIXUSDT	+0.0042%	4h	1,408.6	+0.028%	$350.8M	$743.7M	50x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX SKHX-USD	+0.0050%	1h	1,408	−0.014%	$749	$8K	10x	as long as short
Bullet SKHYNIX-USD	+0.0067%	1h	1,408.4	+0.013%	$15K	$466K	10x	as long as short
Pacifica SKHYNIX	+0.0100%	1h	1,408.5	+0.017%	$129K	$391K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,408	−0.018%	$5.2M	$8.1M	20x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,405.4	−0.200%	$146K	$261K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythoslong	+0.0100%	8h	1,408.2	long leg	$5K	$798	10x
Aevo SKHX-PERP	+0.0104%	1h	1,409	+0.054%	$33K	—	10x	as long as short
tradeXYZ xyz:SKHX	+0.0146%	1h	1,407	−0.086%	$319.5M	$202.9M	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0153%	1h	1,408.1	−0.008%	$288K	$1.0M	10x	as long as short
Bitget SKHYNIXUSDT	+0.0248%	4h	1,408.9	+0.050%	$23.8M	$25.7M	20x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0285%	8h	1,409	+0.056%	$54.5M	$112.4M	50x	as long as short
Aftermath Perps SKHYNIXUSD	+0.1006%	1h	1,406.9	−0.090%	$732	$38K	5x	as long as short