Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.008%

Price spread now: SoDEX against Gate−0.023%7-day average — · you buy dearer than you sell

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

Long on Gate Short on SoDEX

What this pair did over the last

the charts below follow

Funding, last 3 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. SoDEX is 0.023% cheaper against Gate than usual: you would sell low and buy high (spread −0.023% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$2 on $10k: about 36 hours of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Gate SKHYNIX_USDT	1,411	0	get 0.0000% / 4h	1h 49m	$144.4M	$63.5M	75x
Short	SoDEX SKHX-USD	1,410.7	0.0050	get 0.0006% / 1h	49m 08s	$750	$8K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX against Gate. 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 GatebpFee SoDEXbpOrdersPrice spread, now −0.023%Rate

Funding earned: $10.5
Price spread: −0.023% → 0.000%: −$2.27
Slippage, 4 orders: no order book: not counted
Fee Gate: 7.5 bp × 2 orders: −$15
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$14.77
Costs to cover: 0.230%
Break-even: 16.8 days

Slippage unknown: Gate: live order book, 5 min ago; SoDEX: 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 Gate live order book, 5 min ago	0.04 bp	8.4 bp −$8	23.7 bp −$237	34.9 bp −$3,487	58.2 bp −$29.1K
Sell SoDEX no order-book sample	—	—	—	—	—

SoDEX: 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	−0.0335%	4h	1,411.7	+0.055%	$3.5M	$402K	10x	as long as short
Aster SKHYNIXUSD1	0.0000%	4h	1,410.6	−0.026%	$18.9M	$40.7M	20x	as long as short
Bybit SKHYNIXUSDT	0.0000%	8h	1,411	+0.003%	$20.5M	$33.3M	100x	as long as short
Gate SKHYNIX_USDTlong	0.0000%	4h	1,411	long leg	$144.4M	$63.5M	75x
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,413.2	+0.157%	$102K	$195K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,411	0.000%	$878	$642K	10x	as long as short
HTX SKHYNIX-USDT	0.0000%	4h	1,412.6	+0.118%	$1.3M	$2.4M	50x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,410.6	−0.028%	$1.2M	$768K	10x	as long as short
SoDEX SKHX-USDshort	+0.0050%	1h	1,410.7	−0.023%	$750	$8K	10x
Binance SKHYNIXUSDT	+0.0068%	4h	1,410	−0.069%	$352.0M	$743.5M	50x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended SKHYNIX-USD	+0.0072%	1h	1,410.2	−0.054%	$2.4M	$71K	10x	as long as short
Pacifica SKHYNIX	+0.0100%	1h	1,411.3	+0.023%	$127K	$389K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,410.7	−0.021%	$5.2M	$8.1M	20x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,412.4	+0.098%	$147K	$261K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,410.6	−0.030%	$5K	$798	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,411.3	+0.021%	$33K	—	10x	as long as short
tradeXYZ xyz:SKHX	+0.0313%	1h	1,409.5	−0.104%	$319.1M	$203.5M	10x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0332%	8h	1,410.9	−0.005%	$56.0M	$114.2M	50x	as long as short
Bitget SKHYNIXUSDT	+0.0336%	4h	1,410.7	−0.021%	$23.8M	$25.7M	20x	as long as short
Bullet SKHYNIX-USD	+0.0345%	1h	1,411.2	+0.014%	$14K	$466K	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0375%	1h	1,411	+0.002%	$276K	$1.0M	10x	as long as short
Aftermath Perps SKHYNIXUSD	+0.0757%	1h	1,410.8	−0.015%	$703	$38K	5x	as long as short