Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0094%/8h= +10.3% APRpaid last 24h −0.084%

Price spread now: Orderly against BloFin−0.184%112s7-day average — · you buy dearer than you sell

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

Long on BloFin 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 0.184% cheaper against BloFin than usual: you would sell low and buy high (spread −0.184% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 6.5 days of funding at the current rate (+$3 a day). The two prices were read 112 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	BloFin SKHYNIX-USDT	1,408.4	0.0006	pay 0.0003% / 4h	7m 25s	$2.7M	$4.1M	50x
Short	Orderly PERP_SKHYNIX_USDC_mythos	1,405.8	0.0100	get 0.0100% / 8h	4h 07m	$5K	$798	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against BloFin. 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 BloFinbpFee OrderlybpOrdersPrice spread, now −0.184%Rate

Funding earned: $19.68
Price spread: −0.184% → 0.000%: −$18.39
Slippage, 4 orders: no order book: not counted
Fee BloFin: 6 bp × 2 orders: −$12
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$16.71
Costs to cover: 0.180%
Break-even: 12.9 days

Slippage unknown: BloFin: live order book, 6 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 BloFin live order book, 6 min ago	0.04 bp	6.6 bp −$7	7.5 bp −$75	11.0 bp −$1,101	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 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	−0.0490%	4h	1,408.8	+0.031%	$3.5M	$372K	10x	as long as short
Aster SKHYNIXUSD1	0.0000%	4h	1,406.4	−0.143%	$18.8M	$39.8M	20x	as long as short
Extended SKHYNIX-USD	0.0000%	1h	1,405.8	−0.185%	$2.4M	$71K	10x	as long as short
Binance SKHYNIXUSDT	0.0000%	4h	1,406.1	−0.163%	$348.7M	$755.4M	50x	as long as short
Bybit SKHYNIXUSDT	0.0000%	8h	1,406.7	−0.121%	$20.4M	$31.6M	100x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,407.1	−0.093%	$143.0M	$65.3M	75x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,409.5	+0.080%	$102K	$201K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,407.8	−0.042%	$1K	$607K	10x	as long as short
HTX SKHYNIX-USDT	0.0000%	4h	1,410.2	+0.126%	$1.3M	$2.4M	50x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,407.7	−0.052%	$1.2M	$769K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
BloFin SKHYNIX-USDTlong	+0.0006%	4h	1,408.4	long leg	$2.7M	$4.1M	50x
SoDEX SKHX-USD	+0.0050%	1h	1,407.2	−0.085%	$749	$8K	10x	as long as short
tradeXYZ xyz:SKHX	+0.0078%	1h	1,406	−0.170%	$313.7M	$212.9M	10x	as long as short
Bullet SKHYNIX-USD	+0.0098%	1h	1,406.3	−0.148%	$14K	$470K	10x	as long as short
Pacifica SKHYNIX	+0.0100%	1h	1,406.4	−0.143%	$128K	$387K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,405.9	−0.178%	$5.2M	$8.0M	20x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,409.9	+0.110%	$147K	$260K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythosshort	+0.0100%	8h	1,405.8	−0.184%	$5K	$798	10x
Polymarket Perps SKHYNIX-USD	+0.0104%	1h	1,406.5	−0.134%	$276K	$1.0M	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,406.9	−0.105%	$33K	—	10x	as long as short
Bitget SKHYNIXUSDT	+0.0236%	4h	1,406.6	−0.126%	$23.2M	$26.4M	20x	as long as short
Aftermath Perps SKHYNIXUSD	+0.0270%	1h	1,407.3	−0.080%	$671	$38K	5x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0371%	8h	1,407.5	−0.063%	$55.7M	$114.3M	50x	as long as short