Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0264%/8h= +28.9% APRpaid last 24h +0.093%

Price spread now: Binance against Orderly−0.068%7-day average — · you buy dearer than you sell

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

Long on Orderly Short on Binance

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. Binance is 0.068% cheaper against Orderly than usual: you would sell low and buy high (spread −0.068% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 21 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_SKHYNIX_USDC_mythos	1,416.1	0.0100	pay 0.0100% / 8h	7h 23m	$5K	$798	10x
Short	Binance SKHYNIXUSDT	1,415.1	0.0364	get 0.0182% / 4h	3h 23m	$354.2M	$738.1M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance 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 BinancebpOrdersPrice spread, now −0.068%Rate

Funding earned: $55.47
Price spread: −0.068% → 0.000%: −$6.78
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Binance: 5 bp × 2 orders: −$10
Net: $32.69
Costs to cover: 0.160%
Break-even: 2.9 days

Slippage unknown: Orderly: no order-book sample; Binance: live order book, 5 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 Binance live order book, 5 min ago	0.04 bp	5.6 bp −$6	7.1 bp −$71	14.0 bp −$1,405	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
Bybit SKHYNIXUSDT	0.0000%	8h	1,416	−0.007%	$20.6M	$33.4M	100x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,416.4	+0.019%	$143.8M	$64.1M	75x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,416.7	+0.045%	$105K	$197K	10x	as long as short
Bullet SKHYNIX-USD	0.0000%	1h	1,415.3	−0.056%	$15K	$467K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,415.1	−0.068%	$1K	$758K	10x	as long as short
HTX SKHYNIX-USDT	0.0000%	4h	1,415.8	−0.023%	$1.3M	$2.2M	50x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,413.8	−0.162%	$1.2M	$769K	10x	as long as short
edgeX SKHYNIXUSDC	+0.0042%	4h	1,414.6	−0.106%	$3.5M	$444K	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0050%	1h	1,416.1	+0.001%	$295K	$941K	10x	as long as short
SoDEX SKHX-USD	+0.0050%	1h	1,414.2	−0.137%	$752	$8K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:SKHX	+0.0095%	1h	1,415.1	−0.070%	$335.7M	$189.1M	10x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,417.7	+0.117%	$148K	$262K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythoslong	+0.0100%	8h	1,416.1	long leg	$5K	$798	10x
Aevo SKHX-PERP	+0.0104%	1h	1,415.5	−0.041%	$33K	—	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0190%	4h	1,414.6	−0.107%	$5.2M	$8.2M	20x	as long as short
Aster SKHYNIXUSD1	+0.0223%	4h	1,415.2	−0.063%	$18.9M	$42.2M	20x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0296%	8h	1,416	−0.006%	$53.8M	$109.3M	50x	as long as short
Bitget SKHYNIXUSDT	+0.0304%	4h	1,415.9	−0.016%	$24.3M	$25.5M	20x	as long as short
Binance SKHYNIXUSDTshort	+0.0364%	4h	1,415.1	−0.068%	$354.2M	$738.1M	50x
Extended SKHYNIX-USD	+0.0368%	1h	1,414.4	−0.120%	$2.4M	$189K	10x	as long as short
BloFin SKHYNIX-USDT	+0.0438%	4h	1,416.1	−0.001%	$2.5M	$4.2M	50x	as long as short
Pacifica SKHYNIX	+0.0467%	1h	1,416	−0.009%	$140K	$380K	10x	as long as short
Aftermath Perps SKHYNIXUSD	+0.3026%	1h	1,413.2	−0.205%	$704	$39K	5x	as long as short