Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.008%

Price spread now: SoDEX against Orderly−0.007%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 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

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_SKHYNIX_USDC_mythos	1,410.9	0.0100	pay 0.0100% / 8h	4h 34m	$5K	$798	10x
Short	SoDEX SKHX-USD	1,410.8	0.0050	get 0.0006% / 1h	34m 20s	$751	$8K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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 SoDEXbpOrdersPrice spread, now −0.007%Rate

Funding earned: −$10.5
Price spread: −0.007% → 0.000%: −$0.71
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$25.21
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Orderly: no order-book sample; 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 Orderly no order-book sample	—	—	—	—	—
Sell SoDEX no order-book sample	—	—	—	—	—

Orderly and 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 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	−0.0123%	4h	1,410.4	−0.030%	$3.5M	$373K	10x	as long as short
BloFin SKHYNIX-USDT	−0.0027%	4h	1,410.3	−0.040%	$2.7M	$4.1M	50x	as long as short
Aster SKHYNIXUSD1	0.0000%	4h	1,410.1	−0.053%	$18.8M	$39.8M	20x	as long as short
Extended SKHYNIX-USD	0.0000%	1h	1,410.2	−0.046%	$2.4M	$71K	10x	as long as short
Binance SKHYNIXUSDT	0.0000%	4h	1,410.8	−0.005%	$349.7M	$750.5M	50x	as long as short
Bybit SKHYNIXUSDT	0.0000%	8h	1,411.5	+0.047%	$20.5M	$31.9M	100x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,411.4	+0.035%	$143.2M	$64.5M	75x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,410.7	−0.009%	$102K	$198K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,409.7	−0.083%	$1K	$617K	10x	as long as short
HTX SKHYNIX-USDT	0.0000%	4h	1,410.3	−0.039%	$1.3M	$2.4M	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Phemex SKHYNIXUSDT	0.0000%	8h	1,411.6	+0.053%	$1.2M	$766K	10x	as long as short
Bullet SKHYNIX-USD	+0.0021%	1h	1,410.3	−0.039%	$14K	$470K	10x	as long as short
tradeXYZ xyz:SKHX	+0.0050%	1h	1,409.5	−0.096%	$317.2M	$208.4M	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0050%	1h	1,410.3	−0.039%	$276K	$1.0M	10x	as long as short
SoDEX SKHX-USDshort	+0.0050%	1h	1,410.8	−0.007%	$751	$8K	10x
Pacifica SKHYNIX	+0.0100%	1h	1,410.1	−0.053%	$128K	$386K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,410	−0.059%	$5.2M	$8.1M	20x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,410.8	−0.004%	$147K	$260K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythoslong	+0.0100%	8h	1,410.9	long leg	$5K	$798	10x
Aevo SKHX-PERP	+0.0104%	1h	1,411.6	+0.053%	$33K	—	10x	as long as short
Bitget SKHYNIXUSDT	+0.0246%	4h	1,411.3	+0.029%	$23.4M	$26.1M	20x	as long as short
Aftermath Perps SKHYNIXUSD	+0.0305%	1h	1,410	−0.063%	$672	$38K	5x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0339%	8h	1,411.6	+0.053%	$55.9M	$114.4M	50x	as long as short