Funding arb · Price arb /

SKHY

RWAall SKHY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.012%

Price spread now: Gate against Arcus+0.027%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$43as in the Price arb table

costs, in and out, $10k−$450.454% of the position

Long on Arcus Short on Gate

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.072%−$7 on $10k

Price spread, last 4 days (all we have)−0.087%−$9 · spread now +0.027%, 7d avg +0.001%

Together, before fees−0.160%−$16 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Gate is 0.026% dearer against Arcus than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of +0.001%): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.2 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus SKHY-USD	186.57	0.0040	pay 0.0005% / 1h	5m 44s	$61K	$169K	10x
Short	Gate SKHY_USDT	186.62	0	get 0.0000% / 8h	1h 05m	$25.6M	$20.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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

Position, each leg$Hold fordaysFee ArcusbpFee GatebpOrdersPrice spread, now +0.027%Rate

Funding earned: −$8.46
Price spread: +0.027% → +0.001%: $2.63
Slippage, 4 orders: −$25.93
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$51.26
Costs to cover: 0.454%
Break-even: never at this rate

Slippage from Arcus: live order book, 37 min ago; Gate: live order book, 3 min ago.

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 Arcus live order book, 37 min ago	2.95 bp	11.2 bp −$11	21.0 bp −$210	doesn't fit	doesn't fit
Sell Gate live order book, 3 min ago	1.34 bp	12.6 bp −$13	29.8 bp −$298	51.8 bp −$5,176	84.1 bp −$42.1K

SKHY on 31 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
Bitget SKHYUSDT	−0.1307%	8h	186.81	+0.129%	$25.3M	$32.5M	20x	as long as short
edgeX SKHYUSDC	−0.0666%	4h	186.61	+0.022%	$563K	$290K	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	−0.0285%	1h	186.66	+0.048%	$49K	$345K	10x	as long as short
Popdex SKHYUSDT	−0.0216%	1h	186.59	+0.011%	$203K	$284K	20x	as long as short
tradeXYZ xyz:SKHY	−0.0205%	1h	186.53	−0.021%	$158.7M	$76.3M	10x	as long as short
Nado SKHY-PERP	−0.0204%	1h	186.72	+0.078%	$33K	$28K	10x	as long as short
Polymarket Perps SKHY-USD	−0.0176%	1h	186.50	−0.038%	$180K	$487K	10x	as long as short
Kraken Futures PF_SKHYUSD	−0.0139%	1h	186.72	+0.080%	$48K	$21K	20x	as long as short
Lighter SKHY	−0.0112%	1h	186.53	−0.021%	$978K	$1.2M	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0104%	1h	187.58	+0.541%	$68K	$905K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps SKHY-USD.P	−0.0082%	1h	186.41	−0.086%	$522K	$2.6M	10x	as long as short
QFEX SKHY-USD	−0.0049%	1h	186.59	+0.011%	$1.2M	$4.2M	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	186.71	+0.078%	$224K	$925K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	186.55	−0.012%	$54K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	186.54	−0.016%	$200.2M	$446.8M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	186.60	+0.016%	$16.6M	$29.6M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	186.51	−0.032%	$44.7M	$78.5M	50x	as long as short
Gate SKHY_USDTshort	0.0000%	8h	186.62	+0.027%	$25.6M	$20.8M	75x
Variational Omni SKHY	0.0000%	8h	186.54	−0.015%	$1.6M	$1.0M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	186.62	+0.028%	$22K	$232K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	186.86	+0.155%	$684	$6.1M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	186.50	−0.038%	$155K	$366K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	186.60	+0.016%	$1.5M	$1.1M	10x	as long as short
KuCoin SKHYUSDTM	+0.0023%	8h	186.56	−0.005%	$1.1M	$325K	20x	as long as short
Lighter RH SKHY	+0.0032%	1h	186.47	−0.054%	$1.1M	$1.7M	10x	as long as short
Arcus SKHY-USDlong	+0.0040%	1h	186.57	long leg	$61K	$169K	10x
Vest SKHY-USD-PERP	+0.0046%	1h	186.67	+0.054%	—	$30K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	186.55	−0.011%	$41K	$12K	10x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	186.60	+0.016%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	186.68	+0.059%	$2.1M	$423K	50x	as long as short
Phoenix SKHY	+0.0213%	1h	186.94	+0.198%	$209K	$115K	10x	as long as short