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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.012%
Price spread now: Binance against Arcus+0.114%56s7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$310.313% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.045%−$5 on $10k
Price spread, last 4 days (all we have)−0.233%−$23 · spread now +0.114%, 7d avg +0.030%
Together, before fees−0.278%−$28 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Binance is 0.084% dearer against Arcus than usual: you sell high and buy low (spread +0.114% now, against its 7-day average of +0.030%): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.9 days. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus SKHY-USD193.230.0040pay 0.0005% / 1h20m 43s$60K$161K10x
ShortBinance SKHYUSDT193.450get 0.0000% / 8h4h 20m$204.7M$393.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Arcus. 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
−$8.46
Price spread: +0.114% → +0.030%
$8.36
Slippage, 4 orders
−$16.82
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee Binance: 5 bp × 2 orders
−$10
Net
−$31.42
Costs to cover
0.313%
Break-even
never at this rate
Slippage from Arcus: live order book, 37 min ago; Binance: live order book, 8 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 Arcus live order book, 37 min ago6.21 bp9.4 bp −$917.9 bp −$179doesn't fitdoesn't fit
Sell Binance live order book, 8 min ago0.26 bp5.3 bp −$56.4 bp −$6420.4 bp −$2,044doesn't fit

SKHY on 31 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 SKHYUSDC−0.0332%4h193.24+0.008%$583K$290K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0048%1h192.84−0.202%$45K$861K10xas long as short
Aster SKHYUSDT0.0000%8h193.32+0.045%$249K$889K50xas long as short
Extended SKHY-USD0.0000%1h193.35+0.062%$56K$7K10xas long as short
Binance SKHYUSDTshort0.0000%8h193.45+0.114%$204.7M$393.4M50x
Bybit SKHYUSDT0.0000%8h193.41+0.093%$15.8M$27.6M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.39+0.083%$46.9M$70.2M50xas long as short
Gate SKHY_USDT0.0000%8h193.35+0.062%$25.9M$18.9M75xas long as short
Variational Omni SKHY0.0000%8h193.39+0.082%$1.6M$1.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h193.30+0.037%$22K$203K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.71+0.248%$709$6.2M10xas long as short
HTX SKHY-USDT0.0000%8h193.26+0.016%$161K$370K50xas long as short
Phemex SKHYUSDT0.0000%8h193.41+0.093%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0015%1h193.38+0.078%$1.2M$4.0M10xas long as short
Lighter SKHY+0.0032%1h193.30+0.036%$1.0M$688K10xas long as short
Lighter RH SKHY+0.0032%1h193.28+0.026%$1.1M$1.6M10xas long as short
Arcus SKHY-USDlong+0.0040%1h193.23long leg$60K$161K10x
Vest SKHY-USD-PERP+0.0046%1h193.33+0.052%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.42+0.098%$202K$256K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h193.30+0.036%$161.7M$67.8M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h193.32+0.047%$189K$456K10xas long as short
SoDEX SKHY-USD+0.0050%1h193.34+0.057%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h193.26+0.016%$599K$2.4M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h193.33+0.052%$1.1M$312K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.37+0.072%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.41+0.093%$2.2M$438K50xas long as short
Nado SKHY-PERP+0.0147%1h193.33+0.049%$38K$26K10xas long as short
Bitget SKHYUSDT+0.0160%8h193.43+0.104%$25.3M$26.9M20xas long as short
Phoenix SKHY+0.0372%1h193.52+0.150%$217K$124K10xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0423%1h193.39+0.083%$49K$321K10xas long as short
Kraken Futures PF_SKHYUSD+0.1056%1h193.40+0.088%$49K$19K20xas long as short