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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0080%/8h= +8.7% APRpaid last 24h +0.024%
Price spread now: BloFin against Arcus+0.091%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$340.338% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.085%+$8 on $10k
Price spread, last 4 days (all we have)−0.106%−$11 · spread now +0.091%, 7d avg +0.029%
Together, before fees−0.022%−$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and BloFin is 0.062% dearer against Arcus than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.029%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongArcus SKHY-USD186.410.0040pay 0.0005% / 1h28m 40s$59K$166K10x
ShortBloFin SKHY-USDT186.580.0120get 0.0120% / 8h1h 28m$2.2M$420K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$16.74
Price spread: +0.091% → +0.029%
$6.23
Slippage, 4 orders
−$17.34
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$10.87
Costs to cover
0.338%
Break-even
11.5 days
Slippage from Arcus: live order book, 14 min ago; BloFin: live order book, 4 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, 14 min ago2.95 bp11.2 bp −$1121.0 bp −$210doesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago0.54 bp6.5 bp −$77.6 bp −$7617.8 bp −$1,777doesn'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
Bitget SKHYUSDT−0.1283%8h186.81+0.215%$25.1M$31.7M20xas long as short
edgeX SKHYUSDC−0.0284%4h186.40−0.006%$562K$292K10xas long as short
Nado SKHY-PERP−0.0199%1h186.73+0.173%$33K$28K10xas long as short
Popdex SKHYUSDT−0.0192%1h186.60+0.102%$197K$275K20xas long as short
tradeXYZ xyz:SKHY−0.0190%1h186.60+0.102%$158.6M$74.7M10xas long as short
Polymarket Perps SKHY-USD−0.0180%1h186.51+0.054%$180K$487K10xas long as short
Kraken Futures PF_SKHYUSD−0.0139%1h186.66+0.132%$47K$19K20xas long as short
Deribit SKHY_USDC-PERPETUAL−0.0125%1h186.62+0.113%$49K$342K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0104%1h187.75+0.719%$63K$902K10xas long as short
Lighter SKHY−0.0072%1h186.58+0.091%$954K$1.1M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps SKHY-USD.P−0.0056%1h186.32−0.048%$514K$2.6M10xas long as short
QFEX SKHY-USD−0.0049%1h186.59+0.097%$1.2M$4.2M10xas long as short
Aster SKHYUSDT0.0000%8h186.73+0.173%$226K$919K50xas long as short
Extended SKHY-USD0.0000%1h186.59+0.094%$54K$7K10xas long as short
Binance SKHYUSDT0.0000%8h186.61+0.107%$199.2M$439.9M50xas long as short
Bybit SKHYUSDT0.0000%8h186.67+0.139%$15.9M$29.3M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h186.61+0.107%$44.6M$77.7M50xas long as short
Gate SKHY_USDT0.0000%8h186.63+0.118%$25.5M$20.5M75xas long as short
Variational Omni SKHY0.0000%8h186.43+0.012%$1.6M$1.0Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h186.39−0.011%$22K$229K10xas long as short
SunX SKHY-USDT0.0000%8h186.95+0.290%$684$6.1M10xas long as short
HTX SKHY-USDT0.0000%8h186.51+0.054%$155K$367K50xas long as short
Phemex SKHYUSDT0.0000%8h186.63+0.118%$1.5M$1.1M10xas long as short
Lighter RH SKHY+0.0032%1h186.55+0.075%$1.1M$1.6M10xas long as short
Arcus SKHY-USDlong+0.0040%1h186.41long leg$59K$166K10x
Vest SKHY-USD-PERP+0.0046%1h186.61+0.107%$24K10xas long as short
SoDEX SKHY-USD+0.0050%1h186.60+0.102%$41K$13K10xas long as short
KuCoin SKHYUSDTM+0.0087%8h186.55+0.075%$1.1M$329K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h186.59+0.097%$2K$4K10xas long as short
BloFin SKHY-USDTshort+0.0120%8h186.58+0.091%$2.2M$420K50x
Phoenix SKHY+0.0213%1h186.53+0.064%$209K$115K10xas long as short