Settings8H · net · $10k
Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0084%/8h= +9.2% APRnext payment +$0.42 per $10,000 · paid last 24h −0.019%
Price spread now: KuCoin against GRVT+0.146%83s7-day average −0.050% · you sell dearer than you buy
Net, funding: paid 7d − costs−$65as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$510.513% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.135%−$14 on $10k
Price spread, last 4 days (all we have)−0.262%−$26 · spread now +0.146%, 7d avg −0.050%
Together, before fees−0.398%+ Points / potential airdropGRVT: Active · farm board−$40 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.196% dearer against GRVT than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of −0.050%. Mind the row above: over the last 7 days funding on this pair cost −0.135%, so the current rate has only just turned in your favour. The two prices were read 83 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT SKHYNIX_USDT_Perp1,358.50.0016pay 0.0008% / 4h2h 24m$97K$210K10x
ShortKuCoin SKHYNIXUSDTM1,360.40.0100get 0.0050% / 4h2h 24m$5.0M$8.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against GRVT. 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

Funding earned
$17.64
Price spread: +0.146% → −0.050%
$19.61
Slippage, 4 orders
−$30.34
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$14.08
Costs to cover
0.513%
Break-even
12.6 days
Slippage from GRVT: live order book, 23 min ago; KuCoin: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 23 min ago1.05 bp6.5 bp −$67.9 bp −$79doesn't fitdoesn't fit
Sell KuCoin live order book, 4 min ago0.55 bp20.7 bp −$2138.2 bp −$382doesn't fitdoesn't fit

SKHYNIX on 23 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SKHYNIXUSDC−0.0331%4h1,354.3−0.310%$3.3M$420K10xas long as short
BloFin SKHYNIX-USDT−0.0003%4h1,359.1+0.047%$2.6M$4.0M50xas long as short
Aster SKHYNIXUSD10.0000%4h1,361.2+0.202%$18.4M$37.3M20xas long as short
Extended SKHYNIX-USD0.0000%1h1,359.9+0.104%$2.3M$78K10xas long as short
Binance SKHYNIXUSDT0.0000%4h1,361.1+0.195%$335.4M$863.0M50xas long as short
Bybit SKHYNIXUSDT0.0000%8h1,361.9+0.251%$19.5M$31.3M100xas long as short
Gate SKHYNIX_USDT0.0000%4h1,361.6+0.233%$143.5M$75.1M75xas long as short
SunX SKHYNIX-USDT0.0000%4h1,361.3+0.212%$1K$543K10xas long as short
HTX SKHYNIX-USDT0.0000%4h1,361.5+0.222%$1.3M$2.4M50xas long as short
Phemex SKHYNIXUSDT0.0000%8h1,360.8+0.175%$1.2M$776K10xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SKHYNIX_USDT_Perplong+0.0016%4h1,358.5long leg$97K$210K10x
SoDEX SKHX-USD+0.0050%1h1,360.9+0.180%$724$8K10xas long as short
Pacifica SKHYNIX+0.0100%1h1,358.1−0.023%$103K$422K10xas long as short
KuCoin SKHYNIXUSDTMshort+0.0100%4h1,360.4+0.146%$5.0M$8.2M20x
ApeX Omni SKHYNIXUSDT+0.0100%1h1,355.2−0.243%$141K$259K50xas long as short
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,360.5+0.149%$4K$85810xas long as short
Aevo SKHX-PERP+0.0104%1h1,361.7+0.237%$32K10xas long as short
tradeXYZ xyz:SKHX+0.0111%1h1,360.2+0.128%$295.6M$244.6M10xas long as short
Aftermath Perps SKHYNIXUSD+0.0231%1h1,359+0.039%$686$37K5xas long as short
Bullet SKHYNIX-USD+0.0232%1h1,359.1+0.050%$15K$469K10xas long as short
Polymarket Perps SKHYNIX-USD+0.0238%1h1,359.7+0.091%$263K$997K10xas long as short
Bitget SKHYNIXUSDT+0.0240%4h1,361.2+0.199%$22.1M$31.3M20xas long as short
OKX SKHYNIX-USDT-SWAP+0.0381%8h1,361.5+0.224%$53.4M$124.5M50xas long as short