Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.040%

Price spread now: Orderly against Binance−0.086%7-day average — · you buy dearer than you sell

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

Long on Binance Short on Orderly

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 pays, the price is against you. Orderly is 0.086% cheaper against Binance than usual: you would sell low and buy high (spread −0.086% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 2.9 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SKHYNIXUSDT	1,352	0	get 0.0000% / 4h	2h 14m	$325.9M	$1.02B	50x
Short	Orderly PERP_SKHYNIX_USDC_mythos	1,350.8	0.0100	get 0.0100% / 8h	6h 14m	$5K	$1K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Binance. 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 BinancebpFee OrderlybpOrdersPrice spread, now −0.086%Rate

Funding earned: $21
Price spread: −0.086% → 0.000%: −$8.56
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$3.56
Costs to cover: 0.160%
Break-even: 8.2 days

Slippage unknown: Binance: live order book, 8 min ago; Orderly: 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 Binance live order book, 8 min ago	0.04 bp	5.2 bp −$5	7.1 bp −$71	19.1 bp −$1,911	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

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 exchanges

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
tradeXYZ xyz:SKHX	−0.0650%	1h	1,352.8	+0.061%	$296.9M	$299.3M	10x	as long as short
Bullet SKHYNIX-USD	−0.0565%	1h	1,351.9	−0.006%	$14K	$466K	10x	as long as short
Polymarket Perps SKHYNIX-USD	−0.0417%	1h	1,352.7	+0.053%	$241K	$974K	10x	as long as short
Aftermath Perps SKHYNIXUSD	−0.0258%	1h	1,351.6	−0.028%	$763	$34K	5x	as long as short
SoDEX SKHX-USD	−0.0207%	1h	1,352.5	+0.036%	$395	$8K	10x	as long as short
edgeX SKHYNIXUSDC	−0.0165%	4h	1,348.8	−0.232%	$3.3M	$431K	10x	as long as short
Pacifica SKHYNIX	−0.0049%	1h	1,351.8	−0.013%	$109K	$465K	10x	as long as short
BloFin SKHYNIX-USDT	−0.0015%	4h	1,351.5	−0.038%	$2.5M	$4.2M	50x	as long as short
Aster SKHYNIXUSD1	0.0000%	4h	1,350.5	−0.107%	$18.0M	$23.1M	20x	as long as short
Extended SKHYNIX-USD	0.0000%	1h	1,351.3	−0.047%	$2.3M	$85K	10x	as long as short

Show all 23 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance SKHYNIXUSDTlong	0.0000%	4h	1,352	long leg	$325.9M	$1.02B	50x
Bybit SKHYNIXUSDT	0.0000%	8h	1,352.5	+0.037%	$18.5M	$32.1M	100x	as long as short
OKX SKHYNIX-USDT-SWAP	0.0000%	8h	1,352.4	+0.031%	$51.1M	$142.6M	50x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,353	+0.075%	$139.7M	$79.1M	75x	as long as short
Bitget SKHYNIXUSDT	0.0000%	4h	1,352.5	+0.037%	$21.5M	$38.3M	20x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,351	−0.075%	$1K	$428K	10x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,352.6	+0.048%	$1.2M	$784K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,350.8	−0.086%	$5.1M	$8.3M	20x	as long as short
Orderly PERP_SKHYNIX_USDC_mythosshort	+0.0100%	8h	1,350.8	−0.086%	$5K	$1K	10x
Aevo SKHX-PERP	+0.0104%	1h	1,352.6	+0.046%	$32K	—	10x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0184%	1h	1,350.2	−0.133%	$141K	$261K	50x	as long as short
HTX SKHYNIX-USDT	+0.0251%	4h	1,351.9	−0.004%	$1.3M	$2.8M	50x	as long as short
GRVT SKHYNIX_USDT_Perp	+0.0700%	4h	1,350.7	−0.093%	$97K	$212K	10x	as long as short