Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.039%

Price spread now: Aster against Orderly+0.100%7-day average — · you sell dearer than you buy

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

Long on Orderly Short on Aster

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.100% dearer against Orderly than usual: you sell high and buy low (spread +0.100% now, against zero (this spread has no 7-day history yet)): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.3 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_SKHYNIX_USDC_mythos	1,362.3	0.0100	pay 0.0100% / 8h	1h 51m	$4K	$858	10x
Short	Aster SKHYNIXUSD1	1,363.6	0	get 0.0000% / 4h	1h 51m	$18.4M	$36.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Orderly. 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 OrderlybpFee AsterbpOrdersPrice spread, now +0.100%Rate

Funding earned: −$21
Price spread: +0.100% → 0.000%: $9.97
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Aster: 4 bp × 2 orders: −$8
Net: −$25.03
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; Aster: live order book, 3 min ago. 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 Orderly no order-book sample	—	—	—	—	—
Sell Aster live order book, 3 min ago	0.37 bp	4.4 bp −$4	9.7 bp −$97	doesn't fit	doesn't fit

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	−0.0409%	4h	1,362.3	+0.001%	$3.3M	$431K	10x	as long as short
BloFin SKHYNIX-USDT	−0.0015%	4h	1,363.3	+0.072%	$2.6M	$4.0M	50x	as long as short
Aster SKHYNIXUSD1short	0.0000%	4h	1,363.6	+0.100%	$18.4M	$36.3M	20x
Extended SKHYNIX-USD	0.0000%	1h	1,363.5	+0.088%	$2.3M	$78K	10x	as long as short
Binance SKHYNIXUSDT	0.0000%	4h	1,363.6	+0.099%	$333.6M	$907.4M	50x	as long as short
Bybit SKHYNIXUSDT	0.0000%	8h	1,364.6	+0.169%	$19.5M	$30.9M	100x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,363.6	+0.095%	$141.7M	$74.2M	75x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,363.4	+0.079%	$98K	$215K	10x	as long as short
Bullet SKHYNIX-USD	0.0000%	1h	1,362.7	+0.030%	$14K	$469K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,362.8	+0.034%	$928	$514K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SKHYNIX-USDT	0.0000%	4h	1,361.7	−0.046%	$1.2M	$2.5M	50x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,363.5	+0.086%	$1.2M	$776K	10x	as long as short
tradeXYZ xyz:SKHX	+0.0050%	1h	1,362.4	+0.008%	$293.2M	$252.2M	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0050%	1h	1,362	−0.021%	$257K	$1.0M	10x	as long as short
SoDEX SKHX-USD	+0.0050%	1h	1,362.3	+0.004%	$725	$8K	10x	as long as short
Pacifica SKHYNIX	+0.0100%	1h	1,361.9	−0.029%	$103K	$430K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,362.5	+0.013%	$5.0M	$8.2M	20x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,363.7	+0.105%	$142K	$259K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythoslong	+0.0100%	8h	1,362.3	long leg	$4K	$858	10x
Aevo SKHX-PERP	+0.0104%	1h	1,362.8	+0.037%	$32K	—	10x	as long as short
Aftermath Perps SKHYNIXUSD	+0.0179%	1h	1,363.7	+0.100%	$712	$37K	5x	as long as short
Bitget SKHYNIXUSDT	+0.0218%	4h	1,364.7	+0.175%	$22.5M	$32.6M	20x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0330%	8h	1,365	+0.199%	$53.1M	$128.2M	50x	as long as short