Funding arb · Price arb /

SKHYNIX

RWAall SKHYNIX markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0113%/8h= +12.4% APRpaid last 24h −0.002%

Price spread now: Aevo against Bybit−0.069%49s7-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 0.069% cheaper against Bybit than usual: you would sell low and buy high (spread −0.069% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 2.0 days of funding at the current rate (+$3 a day). The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SKHYNIXUSDT	1,416.5	−0.0009	get 0.0009% / 8h	7h 23m	$20.6M	$33.4M	100x
Short	Aevo SKHX-PERP	1,415.5	0.0104	get 0.0013% / 1h	23m 27s	$33K	—	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 −0.069%Rate

Funding earned: $23.82
Price spread: −0.069% → 0.000%: −$6.87
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Aevo: 8 bp × 2 orders: −$16
Net: −$10.05
Costs to cover: 0.270%
Break-even: 10.0 days

Slippage unknown: Bybit: live order book, 5 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, 5 min ago	0.07 bp	7.9 bp −$8	14.8 bp −$148	43.4 bp −$4,341	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
edgeX SKHYNIXUSDC	−0.0431%	4h	1,415.6	−0.062%	$3.5M	$444K	10x	as long as short
Bybit SKHYNIXUSDTlong	−0.0009%	8h	1,416.5	long leg	$20.6M	$33.4M	100x
Gate SKHYNIX_USDT	0.0000%	4h	1,416.4	−0.006%	$143.9M	$64.1M	75x	as long as short
GRVT SKHYNIX_USDT_Perp	0.0000%	4h	1,416.4	−0.008%	$103K	$198K	10x	as long as short
Bullet SKHYNIX-USD	0.0000%	1h	1,415.6	−0.062%	$15K	$468K	10x	as long as short
SunX SKHYNIX-USDT	0.0000%	4h	1,415.1	−0.095%	$1K	$758K	10x	as long as short
HTX SKHYNIX-USDT	0.0000%	4h	1,415.8	−0.051%	$1.3M	$2.2M	50x	as long as short
Phemex SKHYNIXUSDT	0.0000%	8h	1,413.8	−0.189%	$1.2M	$769K	10x	as long as short
Polymarket Perps SKHYNIX-USD	+0.0050%	1h	1,415.1	−0.097%	$295K	$941K	10x	as long as short
SoDEX SKHX-USD	+0.0050%	1h	1,414.2	−0.164%	$752	$8K	10x	as long as short

Show all 23 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:SKHX	+0.0094%	1h	1,414.7	−0.126%	$335.3M	$189.5M	10x	as long as short
ApeX Omni SKHYNIXUSDT	+0.0100%	1h	1,417.7	+0.089%	$148K	$262K	50x	as long as short
Orderly PERP_SKHYNIX_USDC_mythos	+0.0100%	8h	1,416.1	−0.028%	$5K	$798	10x	as long as short
Aevo SKHX-PERPshort	+0.0104%	1h	1,415.5	−0.069%	$33K	—	10x
KuCoin SKHYNIXUSDTM	+0.0186%	4h	1,415.5	−0.071%	$5.2M	$8.2M	20x	as long as short
Aster SKHYNIXUSD1	+0.0209%	4h	1,415.5	−0.068%	$18.9M	$42.2M	20x	as long as short
OKX SKHYNIX-USDT-SWAP	+0.0296%	8h	1,416.2	−0.020%	$53.8M	$109.4M	50x	as long as short
Bitget SKHYNIXUSDT	+0.0298%	4h	1,416	−0.036%	$24.3M	$25.5M	20x	as long as short
Binance SKHYNIXUSDT	+0.0353%	4h	1,415.5	−0.068%	$354.3M	$737.7M	50x	as long as short
Extended SKHYNIX-USD	+0.0368%	1h	1,415.1	−0.098%	$2.4M	$189K	10x	as long as short
BloFin SKHYNIX-USDT	+0.0438%	4h	1,416.1	−0.028%	$2.5M	$4.2M	50x	as long as short
Pacifica SKHYNIX	+0.0467%	1h	1,415.5	−0.066%	$140K	$380K	10x	as long as short
Aftermath Perps SKHYNIXUSD	+0.3028%	1h	1,413.5	−0.208%	$704	$39K	5x	as long as short