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

SKHYNIX

RWAall SKHYNIX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0540%/8h= +59.1% APRpaid last 24h −0.036%
Price spread now: Polymarket Perps against KuCoin+0.075%49s7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$22as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$390.389% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.168%+$17 on $10k
Price spread, last 7 days−0.082%−$8 · spread now +0.075%, 7d avg −0.013%
Together, before fees+0.086%+$9 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Polymarket Perps is 0.088% dearer against KuCoin than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.013%. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.168% in total (about 8.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SKHYNIXUSDTM1,336.5−0.0490get 0.0245% / 4h3h 36m$5.1M$8.3M20x
ShortPolymarket Perps SKHYNIX-USD1,337.50.0050get 0.0006% / 1h36m 41s$250K$974K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against KuCoin. 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
$113.4
Price spread: +0.075% → −0.013%
$8.8
Slippage, 4 orders
−$18.95
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$83.25
Costs to cover
0.389%
Break-even
1.9 days
Slippage from KuCoin: live order book, 1 min ago; Polymarket Perps: live order book, 41 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 KuCoin live order book, 1 min ago0.93 bp14.2 bp −$1434.7 bp −$347doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 41 min ago1.48 bp5.5 bp −$55.5 bp −$558.8 bp −$882doesn'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
GRVT SKHYNIX_USDT_Perp−0.4064%4h1,337.1+0.044%$97K$226K10xas long as short
HTX SKHYNIX-USDT−0.3035%4h1,338.3+0.135%$1.2M$2.6M50xas long as short
ApeX Omni SKHYNIXUSDT−0.1177%1h1,336.8+0.020%$139K$259K50xas long as short
SunX SKHYNIX-USDT−0.0836%4h1,337.1+0.041%$943$450K10xas long as short
edgeX SKHYNIXUSDC−0.0652%4h1,336.1−0.029%$3.3M$429K10xas long as short
KuCoin SKHYNIXUSDTMlong−0.0490%4h1,336.5long leg$5.1M$8.3M20x
Binance SKHYNIXUSDT−0.0410%4h1,337.5+0.072%$324.9M$973.7M50xas long as short
Extended SKHYNIX-USD−0.0400%1h1,337.6+0.085%$2.3M$85K10xas long as short
BloFin SKHYNIX-USDT−0.0387%4h1,337.8+0.097%$2.5M$4.0M50xas long as short
Bybit SKHYNIXUSDT−0.0368%8h1,337.1+0.043%$18.7M$30.6M100xas long as short
Show all 23 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SKHYNIXUSD1−0.0210%4h1,342.2+0.428%$18.2M$26.5M20xas long as short
Aftermath Perps SKHYNIXUSD−0.0168%1h1,337.9+0.107%$728$35K5xas long as short
Bitget SKHYNIXUSDT−0.0100%4h1,337.7+0.088%$21.4M$35.8M20xas long as short
Gate SKHYNIX_USDT0.0000%4h1,337.7+0.091%$138.6M$75.1M75xas long as short
Phemex SKHYNIXUSDT0.0000%8h1,340.4+0.290%$1.2M$780K10xas long as short
Polymarket Perps SKHYNIX-USDshort+0.0050%1h1,337.5+0.075%$250K$974K10x
Orderly PERP_SKHYNIX_USDC_mythos+0.0100%8h1,337.9+0.105%$5K$1K10xas long as short
Aevo SKHX-PERP+0.0104%1h1,338.4+0.140%$31K10xas long as short
Pacifica SKHYNIX+0.0285%1h1,336.6+0.011%$101K$437K10xas long as short
OKX SKHYNIX-USDT-SWAP+0.0367%8h1,336.1−0.030%$51.8M$130.1M50xas long as short
SoDEX SKHX-USD+0.0475%1h1,337.8+0.098%$391$8K10xas long as short
tradeXYZ xyz:SKHX+0.0762%1h1,335.4−0.082%$296.6M$276.4M10xas long as short
Bullet SKHYNIX-USD+0.1017%1h1,338.5+0.150%$14K$466K10xas long as short