Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.047%

Price spread now: Binance against SoDEX+0.144%7-day average — · you sell dearer than you buy

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

Long on SoDEX Short on Binance

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 pays, funding is against you. Binance is 0.144% dearer against SoDEX than usual: you sell high and buy low (spread +0.144% now, against zero (this spread has no 7-day history yet)): +$14 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 9.6 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX SKHX-USD	1,365.1	0.0050	pay 0.0006% / 1h	9m 50s	$726	$8K	10x
Short	Binance SKHYNIXUSDT	1,367.1	0	get 0.0000% / 4h	2h 09m	$336.9M	$884.9M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against SoDEX. 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 SoDEXbpFee BinancebpOrdersPrice spread, now +0.144%Rate

Funding earned: −$10.5
Price spread: +0.144% → 0.000%: $14.39
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$14.11
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Binance: 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 SoDEX no order-book sample	—	—	—	—	—
Sell Binance live order book, 4 min ago	0.04 bp	5.1 bp −$5	6.2 bp −$62	13.7 bp −$1,375	doesn't fit

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	−0.0804%	4h	1,361	−0.301%	$3.3M	$429K	10x	as long as short
Aster SKHYNIXUSD1	0.0000%	4h	1,367.4	+0.168%	$18.6M	$37.0M	20x	as long as short
Extended SKHYNIX-USD	0.0000%	1h	1,366.2	+0.079%	$2.3M	$78K	10x	as long as short
Binance SKHYNIXUSDTshort	0.0000%	4h	1,367.1	+0.144%	$336.9M	$884.9M	50x
Bybit SKHYNIXUSDT	0.0000%	8h	1,367.6	+0.179%	$19.6M	$31.4M	100x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,368.2	+0.226%	$143.5M	$76.2M	75x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,365.7	+0.042%	$1K	$531K	10x	as long as short
HTX SKHYNIX-USDT	0.0000%	4h	1,365.1	−0.004%	$1.3M	$2.4M	50x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,366	+0.062%	$1.2M	$776K	10x	as long as short
BloFin SKHYNIX-USDT	+0.0039%	4h	1,365.7	+0.042%	$2.6M	$4.0M	50x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX SKHX-USDlong	+0.0050%	1h	1,365.1	long leg	$726	$8K	10x
tradeXYZ xyz:SKHX	+0.0083%	1h	1,364.4	−0.053%	$296.3M	$249.6M	10x	as long as short
Pacifica SKHYNIX	+0.0100%	1h	1,365.1	−0.005%	$104K	$426K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,366.2	+0.078%	$5.0M	$8.2M	20x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,362.1	−0.222%	$142K	$259K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,365.1	−0.001%	$5K	$858	10x	as long as short
GRVT SKHYNIX_USDT_Perp	+0.0102%	4h	1,358.9	−0.460%	$97K	$213K	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,365.8	+0.052%	$32K	—	10x	as long as short
Aftermath Perps SKHYNIXUSD	+0.0220%	1h	1,361.2	−0.289%	$668	$37K	5x	as long as short
Bullet SKHYNIX-USD	+0.0231%	1h	1,365.7	+0.038%	$16K	$470K	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0238%	1h	1,365.8	+0.049%	$263K	$996K	10x	as long as short
Bitget SKHYNIXUSDT	+0.0262%	4h	1,367.6	+0.178%	$22.6M	$32.2M	20x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0376%	8h	1,367.9	+0.203%	$53.7M	$126.6M	50x	as long as short