Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h +0.025%

Price spread now: HTX against Orderly+0.061%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 HTX

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

The price spread pays, funding is against you. HTX is 0.061% dearer against Orderly than usual: you sell high and buy low (spread +0.061% now, against zero (this spread has no 7-day history yet)): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_SKHYNIX_USDC_mythos	1,413.1	0.0100	pay 0.0100% / 8h	6h 59m	$5K	$798	10x
Short	HTX SKHYNIX-USDT	1,414	0	get 0.0000% / 4h	2h 59m	$1.3M	$2.2M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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 HTXbpOrdersPrice spread, now +0.061%Rate

Funding earned: −$21
Price spread: +0.061% → 0.000%: $6.09
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee HTX: 6 bp × 2 orders: −$12
Net: −$32.91
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; HTX: live order book, 4 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 HTX live order book, 4 min ago	3.47 bp	12.4 bp −$12	25.2 bp −$252	37.4 bp −$3,736	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	−0.0718%	4h	1,412.8	−0.024%	$3.5M	$435K	10x	as long as short
Bybit SKHYNIXUSDT	0.0000%	8h	1,414	+0.064%	$20.6M	$33.1M	100x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,414.2	+0.078%	$143.2M	$65.4M	75x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,415	+0.130%	$103K	$198K	10x	as long as short
Bullet SKHYNIX-USD	0.0000%	1h	1,413.8	+0.047%	$15K	$467K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,413.8	+0.050%	$930	$713K	10x	as long as short
HTX SKHYNIX-USDTshort	0.0000%	4h	1,414	+0.061%	$1.3M	$2.2M	50x
Phemex SKHYNIXUSDT	0.0000%	8h	1,413.6	+0.033%	$1.2M	$769K	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0050%	1h	1,414.4	+0.090%	$294K	$927K	10x	as long as short
SoDEX SKHX-USD	+0.0050%	1h	1,413.2	+0.004%	$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
Aster SKHYNIXUSD1	+0.0086%	4h	1,413.4	+0.016%	$18.9M	$42.0M	20x	as long as short
tradeXYZ xyz:SKHX	+0.0088%	1h	1,413.6	+0.033%	$330.7M	$192.4M	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,413	−0.011%	$5.2M	$8.2M	20x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,412.7	−0.028%	$147K	$262K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythoslong	+0.0100%	8h	1,413.1	long leg	$5K	$798	10x
Aevo SKHX-PERP	+0.0104%	1h	1,414.1	+0.066%	$33K	—	10x	as long as short
BloFin SKHYNIX-USDT	+0.0167%	4h	1,412	−0.079%	$2.6M	$4.2M	50x	as long as short
Extended SKHYNIX-USD	+0.0216%	1h	1,413	−0.006%	$2.4M	$182K	10x	as long as short
Binance SKHYNIXUSDT	+0.0217%	4h	1,413.1	−0.003%	$354.4M	$742.1M	50x	as long as short
Bitget SKHYNIXUSDT	+0.0254%	4h	1,413.8	+0.050%	$24.0M	$25.2M	20x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0274%	8h	1,413.9	+0.054%	$54.6M	$111.1M	50x	as long as short
Pacifica SKHYNIX	+0.0467%	1h	1,413.8	+0.047%	$135K	$385K	10x	as long as short
Aftermath Perps SKHYNIXUSD	+0.2049%	1h	1,413.2	+0.004%	$704	$38K	5x	as long as short