Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.008%

Price spread now: Gate against SoDEX−0.028%7-day average — · you buy dearer than you sell

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

Long on SoDEX Short on Gate

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

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Gate is 0.028% cheaper against SoDEX than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX SKHX-USD	1,410.7	0.0050	pay 0.0006% / 1h	48m 52s	$750	$8K	10x
Short	Gate SKHYNIX_USDT	1,410.3	0	get 0.0000% / 4h	1h 48m	$144.3M	$63.5M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.028%Rate

Funding earned: −$10.5
Price spread: −0.028% → 0.000%: −$2.84
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$36.34
Costs to cover: 0.230%
Break-even: never at this rate

Slippage unknown: SoDEX: no order-book sample; Gate: 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 SoDEX no order-book sample	—	—	—	—	—
Sell Gate live order book, 5 min ago	0.04 bp	10.5 bp −$10	21.5 bp −$215	31.3 bp −$3,125	56.2 bp −$28.1K

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 22 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	−0.0335%	4h	1,411.7	+0.078%	$3.5M	$402K	10x	as long as short
Aster SKHYNIXUSD1	0.0000%	4h	1,409.8	−0.060%	$18.9M	$40.7M	20x	as long as short
Bybit SKHYNIXUSDT	0.0000%	8h	1,410.3	−0.022%	$20.5M	$33.3M	100x	as long as short
Gate SKHYNIX_USDTshort	0.0000%	4h	1,410.3	−0.028%	$144.3M	$63.5M	75x
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,413.2	+0.179%	$102K	$195K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,411	+0.023%	$878	$642K	10x	as long as short
HTX SKHYNIX-USDT	0.0000%	4h	1,412.6	+0.140%	$1.3M	$2.4M	50x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,410.6	−0.005%	$1.2M	$768K	10x	as long as short
SoDEX SKHX-USDlong	+0.0050%	1h	1,410.7	long leg	$750	$8K	10x
Binance SKHYNIXUSDT	+0.0068%	4h	1,409.2	−0.103%	$351.8M	$743.5M	50x	as long as short

Show all 22 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended SKHYNIX-USD	+0.0072%	1h	1,409.6	−0.075%	$2.4M	$71K	10x	as long as short
Pacifica SKHYNIX	+0.0100%	1h	1,411.3	+0.046%	$127K	$389K	10x	as long as short
KuCoin SKHYNIXUSDTM	+0.0100%	4h	1,410.3	−0.023%	$5.2M	$8.1M	20x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,412.4	+0.121%	$147K	$261K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,410.6	−0.007%	$5K	$798	10x	as long as short
Aevo SKHX-PERP	+0.0104%	1h	1,411.3	+0.044%	$33K	—	10x	as long as short
tradeXYZ xyz:SKHX	+0.0313%	1h	1,409.5	−0.082%	$319.1M	$203.5M	10x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0332%	8h	1,409.7	−0.067%	$56.0M	$114.1M	50x	as long as short
Bitget SKHYNIXUSDT	+0.0336%	4h	1,410.5	−0.011%	$23.8M	$25.7M	20x	as long as short
Bullet SKHYNIX-USD	+0.0345%	1h	1,411.2	+0.037%	$14K	$466K	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0375%	1h	1,411	+0.025%	$276K	$1.0M	10x	as long as short
Aftermath Perps SKHYNIXUSD	+0.0757%	1h	1,410.8	+0.008%	$703	$38K	5x	as long as short