Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.1073%/8h= +117.5% APRpaid last 24h −0.005%

Price spread now: Aevo against Bybit−0.184%7-day average — · you buy dearer than you sell

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

Long on Bybit Short on Aevo

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

Funding pays, the price is against you. Aevo is 0.184% cheaper against Bybit than usual: you would sell low and buy high (spread −0.184% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 14 hours of funding at the current rate (+$32 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SKHYNIXUSDT	1,335.1	−0.0969	get 0.0969% / 8h	7h 20m	$18.4M	$31.5M	100x
Short	Aevo SKHX-PERP	1,332.6	0.0104	get 0.0013% / 1h	20m 35s	$31K	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aevo against Bybit. 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 BybitbpFee AevobpOrdersPrice spread, now −0.184%Rate

Funding earned: $225.33
Price spread: −0.184% → 0.000%: −$18.45
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aevo: 8 bp × 2 orders: −$16
Net: $179.88
Costs to cover: 0.270%
Break-even: 1.4 days

Slippage unknown: Bybit: live order book, 3 min ago; Aevo: no order-book sample. 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 Bybit live order book, 3 min ago	0.26 bp	6.5 bp −$7	11.7 bp −$117	48.1 bp −$4,810	doesn't fit
Sell Aevo no order-book sample	—	—	—	—	—

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	−0.4522%	4h	1,331.1	−0.300%	$96K	$227K	10x	as long as short
HTX SKHYNIX-USDT	−0.3409%	4h	1,334.2	−0.066%	$1.2M	$2.7M	50x	as long as short
edgeX SKHYNIXUSDC	−0.1820%	4h	1,330.7	−0.329%	$3.2M	$429K	10x	as long as short
ApeX Omni SKHYNIXUSDT	−0.1720%	1h	1,331.3	−0.285%	$139K	$259K	50x	as long as short
SunX SKHYNIX-USDT	−0.1121%	4h	1,333.1	−0.151%	$916	$445K	10x	as long as short
BloFin SKHYNIX-USDT	−0.1045%	4h	1,333.8	−0.095%	$2.5M	$4.0M	50x	as long as short
Binance SKHYNIXUSDT	−0.1038%	4h	1,334.3	−0.060%	$325.8M	$990.2M	50x	as long as short
Extended SKHYNIX-USD	−0.1024%	1h	1,334.1	−0.077%	$2.3M	$85K	10x	as long as short
Bybit SKHYNIXUSDTlong	−0.0969%	8h	1,335.1	long leg	$18.4M	$31.5M	100x
KuCoin SKHYNIXUSDTM	−0.0922%	4h	1,334.2	−0.070%	$5.1M	$8.3M	20x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SKHYNIXUSD1	−0.0765%	4h	1,336.1	+0.071%	$18.0M	$25.7M	20x	as long as short
Bitget SKHYNIXUSDT	−0.0644%	4h	1,334.6	−0.041%	$21.3M	$36.9M	20x	as long as short
Aftermath Perps SKHYNIXUSD	−0.0294%	1h	1,332.6	−0.189%	$726	$35K	5x	as long as short
Gate SKHYNIX_USDT	0.0000%	4h	1,334.9	−0.018%	$137.8M	$76.8M	75x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,334.1	−0.076%	$1.2M	$779K	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0050%	1h	1,333.2	−0.143%	$249K	$974K	10x	as long as short
SoDEX SKHX-USD	+0.0050%	1h	1,333.3	−0.136%	$389	$8K	10x	as long as short
Orderly PERP_SKHYNIX_USDC_mythos	+0.0086%	8h	1,333	−0.157%	$5K	$1K	10x	as long as short
Aevo SKHX-PERPshort	+0.0104%	1h	1,332.6	−0.184%	$31K	—	10x
OKX SKHYNIX-USDT-SWAP	+0.0221%	8h	1,334.7	−0.031%	$51.3M	$134.3M	50x	as long as short
Pacifica SKHYNIX	+0.0285%	1h	1,334.5	−0.046%	$103K	$444K	10x	as long as short
tradeXYZ xyz:SKHX	+0.0346%	1h	1,333	−0.158%	$294.2M	$282.0M	10x	as long as short
Bullet SKHYNIX-USD	+0.0586%	1h	1,333.3	−0.136%	$13K	$466K	10x	as long as short