Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.040%

Price spread now: HTX against SunX−0.001%7-day average +0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$143as in the Funding arb table

Net, price: spread back to 7d avg − costs−$160as in the Price arb table

costs, in and out, $10k−$1571.574% of the position

Long on SunX Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.143%+$14 on $10k

Price spread, last 3 days (all we have)−0.010%−$1 · spread now −0.001%, 7d avg +0.025%

Together, before fees+0.133%+$13 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: HTX is 0.026% cheaper against SunX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.025%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SKHYNIX-USDT	1,414.2	0	get 0.0000% / 4h	2h 58m	$974	$712K	10x
Short	HTX SKHYNIX-USDT	1,414.2	0	get 0.0000% / 4h	2h 58m	$1.3M	$2.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX against SunX. 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 SunXbpFee HTXbpOrdersPrice spread, now −0.001%Rate

Funding earned: $0
Price spread: −0.001% → +0.025%: −$2.56
Slippage, 4 orders: −$137.36
Fee SunX: 4 bp × 2 orders: −$8
Fee HTX: 6 bp × 2 orders: −$12
Net: −$159.93
Costs to cover: 1.574%
Break-even: never at this rate

Slippage from SunX: live order book, 53 min ago; HTX: live order book, 5 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 SunX live order book, 53 min ago	29.62 bp	33.6 bp −$34	doesn't fit	doesn't fit	doesn't fit
Sell HTX live order book, 5 min ago	3.47 bp	12.4 bp −$12	25.2 bp −$252	37.4 bp −$3,736	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	−0.0718%	4h	1,412.8	−0.103%	$3.5M	$435K	10x	as long as short
Bybit SKHYNIXUSDT	0.0000%	8h	1,414.6	+0.023%	$20.6M	$33.1M	100x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,414.3	+0.001%	$143.3M	$62.0M	75x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,412.8	−0.100%	$102K	$197K	10x	as long as short
SunX SKHYNIX-USDTlong	0.0000%	4h	1,414.2	long leg	$974	$712K	10x
HTX SKHYNIX-USDTshort	0.0000%	4h	1,414.2	−0.001%	$1.3M	$2.2M	50x
Phemex SKHYNIXUSDT	0.0000%	8h	1,413.1	−0.079%	$1.2M	$769K	10x	as long as short
SoDEX SKHX-USD	+0.0050%	1h	1,413.2	−0.076%	$752	$8K	10x	as long as short
Aster SKHYNIXUSD1	+0.0086%	4h	1,412.2	−0.145%	$18.9M	$41.9M	20x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,412.2	−0.148%	$5.2M	$8.2M	20x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,412.7	−0.107%	$147K	$262K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,413.2	−0.074%	$5K	$798	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,414.2	0.000%	$33K	—	10x	as long as short
Bullet SKHYNIX-USD	+0.0126%	1h	1,414.1	−0.010%	$15K	$467K	10x	as long as short
BloFin SKHYNIX-USDT	+0.0186%	4h	1,412.6	−0.117%	$2.6M	$4.2M	50x	as long as short
Binance SKHYNIXUSDT	+0.0212%	4h	1,413.2	−0.071%	$354.4M	$744.5M	50x	as long as short
Extended SKHYNIX-USD	+0.0216%	1h	1,412.6	−0.118%	$2.4M	$182K	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0247%	1h	1,413.8	−0.031%	$294K	$927K	10x	as long as short
Bitget SKHYNIXUSDT	+0.0254%	4h	1,413.9	−0.023%	$24.0M	$25.2M	20x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0277%	8h	1,414.5	+0.018%	$54.5M	$111.2M	50x	as long as short
tradeXYZ xyz:SKHX	+0.0365%	1h	1,413.4	−0.059%	$330.0M	$192.9M	10x	as long as short
Pacifica SKHYNIX	+0.0467%	1h	1,413.5	−0.051%	$135K	$385K	10x	as long as short
Aftermath Perps SKHYNIXUSD	+0.2017%	1h	1,413.1	−0.082%	$704	$38K	5x	as long as short