Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC−0.0656%/8h= −71.8% APRpaid last 24h +0.027%

Price spread now: KuCoin against Aevo+0.160%7-day average — · you sell dearer than you buy

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

Long on Aevo Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 5 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. KuCoin is 0.160% dearer against Aevo than usual: you sell high and buy low (spread +0.160% now, against zero (this spread has no 7-day history yet)): +$16 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 20 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aevo SKHX-PERP	1,334.1	0.0104	pay 0.0013% / 1h	34m 11s	$31K	—	10x
Short	KuCoin SKHYNIXUSDTM	1,336.3	−0.0552	pay 0.0276% / 4h	3h 34m	$5.1M	$8.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Aevo. 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 AevobpFee KuCoinbpOrdersPrice spread, now +0.160%Rate

Funding earned: −$137.76
Price spread: +0.160% → 0.000%: $16
Slippage, 4 orders: no order book: not counted
Fee Aevo: 8 bp × 2 orders: −$16
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$149.76
Costs to cover: 0.280%
Break-even: never at this rate

Slippage unknown: Aevo: no order-book sample; KuCoin: 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 Aevo no order-book sample	—	—	—	—	—
Sell KuCoin live order book, 4 min ago	0.93 bp	11.6 bp −$12	45.0 bp −$450	doesn't fit	doesn't fit

Aevo: 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
GRVT SKHYNIX_USDT_Perp	−0.4064%	4h	1,337.1	+0.222%	$97K	$226K	10x	as long as short
HTX SKHYNIX-USDT	−0.3123%	4h	1,336.6	+0.188%	$1.2M	$2.6M	50x	as long as short
ApeX Omni SKHYNIXUSDT	−0.1152%	1h	1,338.2	+0.305%	$139K	$259K	50x	as long as short
SunX SKHYNIX-USDT	−0.0893%	4h	1,335.1	+0.071%	$963	$449K	10x	as long as short
edgeX SKHYNIXUSDC	−0.0652%	4h	1,336.1	+0.148%	$3.3M	$429K	10x	as long as short
KuCoin SKHYNIXUSDTMshort	−0.0552%	4h	1,336.3	+0.160%	$5.1M	$8.3M	20x
Binance SKHYNIXUSDT	−0.0482%	4h	1,335.6	+0.111%	$324.4M	$976.9M	50x	as long as short
Extended SKHYNIX-USD	−0.0480%	1h	1,335.6	+0.106%	$2.3M	$85K	10x	as long as short
Bybit SKHYNIXUSDT	−0.0451%	8h	1,335.3	+0.085%	$18.6M	$30.8M	100x	as long as short
BloFin SKHYNIX-USDT	−0.0446%	4h	1,335	+0.065%	$2.5M	$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
Aster SKHYNIXUSD1	−0.0253%	4h	1,340.8	+0.498%	$18.2M	$26.4M	20x	as long as short
Bitget SKHYNIXUSDT	−0.0188%	4h	1,335.3	+0.090%	$21.4M	$36.0M	20x	as long as short
Aftermath Perps SKHYNIXUSD	−0.0181%	1h	1,334.4	+0.023%	$679	$35K	5x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,335.9	+0.129%	$138.3M	$75.3M	75x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,336.7	+0.195%	$1.2M	$779K	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0050%	1h	1,330.8	−0.250%	$249K	$974K	10x	as long as short
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,336	+0.136%	$5K	$1K	10x	as long as short
Aevo SKHX-PERPlong	+0.0104%	1h	1,334.1	long leg	$31K	—	10x
Pacifica SKHYNIX	+0.0285%	1h	1,333.9	−0.014%	$100K	$437K	10x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0349%	8h	1,335.3	+0.087%	$51.8M	$130.5M	50x	as long as short
SoDEX SKHX-USD	+0.0389%	1h	1,334.2	+0.002%	$390	$8K	10x	as long as short
tradeXYZ xyz:SKHX	+0.0725%	1h	1,332.3	−0.138%	$296.1M	$277.5M	10x	as long as short
Bullet SKHYNIX-USD	+0.0938%	1h	1,333.9	−0.018%	$13K	$466K	10x	as long as short