RightSide(@Rightsideonly):The funding rate is wild :o Korea's biggest chipmaker and one of the "Big Three" memory manufacturers is now on Boros You know what's special about this? on July 10 they listed an ADR (American Depository Receipt) on Nasdaq under $SKHY and raised ~$29.65B. One ADR represents one-tenth of SKHYNIX which means there is room to arb this mama And on July 29 the new shares underlying the ADRs get listed on KOSPI, and the two-way conversion opens The SKHYNIX perp on Hyperliquid has been paying funding at ~64% since launch, floating up 78.69% while Boros is at 36.55%, roughly a 40pp of carry to long YU :) and is SKHY comes then we'd get some delicious arbs soon

2026.07.20 13:54

The funding rate is wild :o Korea's biggest chipmaker and one of the "Big Three" memory manufacturers is now on Boros You know what's special about this? on July 10 they listed an ADR (American Depository Receipt) on Nasdaq under $SKHY and raised ~$29.65B. One ADR represents one-tenth of SKHYNIX which means there is room to arb this mama And on July 29 the new shares underlying the ADRs get listed on KOSPI, and the two-way conversion opens The SKHYNIX perp on Hyperliquid has been paying funding at ~64% since launch, floating up 78.69% while Boros is at 36.55%, roughly a 40pp of carry to long YU :) and is SKHY comes then we'd get some delicious arbs soon