Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0126%/8h= +13.8% APRpaid last 24h −0.018%

Price spread now: Gate against Bullet+0.039%7-day average +0.017% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$370.367% of the position

Long on Bullet Short on Gate

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)−0.044%−$4 on $10k

Price spread, last 3 days (all we have)−0.132%−$13 · spread now +0.039%, 7d avg +0.017%

Together, before fees−0.175%−$18 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Gate is 0.022% dearer against Bullet than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.017%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bullet SKHYNIX-USD	1,382.1	0	get 0.0000% / 1h	14m 09s	$15K	$467K	10x
Short	Gate SKHYNIX_USDT	1,382.6	0.0126	get 0.0063% / 4h	14m 09s	$136.6M	$73.6M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Bullet. 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 BulletbpFee GatebpOrdersPrice spread, now +0.039%Rate

Funding earned: $26.46
Price spread: +0.039% → +0.017%: $2.25
Slippage, 4 orders: −$13.67
Fee Bullet: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$7.96
Costs to cover: 0.367%
Break-even: 9.1 days

Slippage from Bullet: live order book, 65 min ago; Gate: 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 Bullet live order book, 65 min ago	1.45 bp	8.4 bp −$8	20.6 bp −$206	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	1.23 bp	9.7 bp −$10	18.9 bp −$189	33.5 bp −$3,346	57.3 bp −$28.7K

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	−0.0212%	4h	1,383.4	+0.096%	$3.4M	$432K	10x	as long as short
Bullet SKHYNIX-USDlong	0.0000%	1h	1,382.1	long leg	$15K	$467K	10x
SunX SKHYNIX-USDT	0.0000%	4h	1,382.5	+0.025%	$1K	$892K	10x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,381.5	−0.043%	$1.2M	$769K	10x	as long as short
SoDEX SKHX-USD	+0.0019%	1h	1,382.8	+0.051%	$736	$8K	10x	as long as short
tradeXYZ xyz:SKHX	+0.0050%	1h	1,382.8	+0.051%	$344.3M	$188.8M	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0050%	1h	1,383.7	+0.116%	$272K	$1.6M	10x	as long as short
Aster SKHYNIXUSD1	+0.0093%	4h	1,382.6	+0.037%	$18.4M	$42.8M	20x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,384.1	+0.145%	$144K	$263K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,381.9	−0.012%	$5K	$1K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aevo SKHX-PERP	+0.0104%	1h	1,383.3	+0.090%	$32K	—	10x	as long as short
Bitget SKHYNIXUSDT	+0.0122%	4h	1,382.8	+0.052%	$24.0M	$26.7M	20x	as long as short
Gate SKHYNIX_USDTshort	+0.0126%	4h	1,382.6	+0.039%	$136.6M	$73.6M	75x
HTX SKHYNIX-USDT	+0.0159%	4h	1,383.6	+0.106%	$1.2M	$2.2M	50x	as long as short
KuCoin SKHYNIXUSDTM	+0.0188%	4h	1,382.1	+0.001%	$5.1M	$8.2M	20x	as long as short
BloFin SKHYNIX-USDT	+0.0254%	4h	1,383.2	+0.079%	$2.5M	$4.1M	50x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0288%	8h	1,382.3	+0.014%	$52.5M	$112.5M	50x	as long as short
Bybit SKHYNIXUSDT	+0.0301%	8h	1,383	+0.063%	$20.4M	$36.2M	100x	as long as short
Extended SKHYNIX-USD	+0.0312%	1h	1,381.7	−0.028%	$2.4M	$225K	10x	as long as short
Binance SKHYNIXUSDT	+0.0312%	4h	1,382	−0.010%	$352.7M	$741.5M	50x	as long as short
GRVT SKHYNIX_USDT_Perp	+0.0442%	4h	1,384	+0.135%	$105K	$208K	10x	as long as short
Pacifica SKHYNIX	+0.0621%	1h	1,383.5	+0.099%	$148K	$407K	10x	as long as short
Aftermath Perps SKHYNIXUSD	+0.0764%	1h	1,382.7	+0.046%	$673	$39K	5x	as long as short