Funding arb · Price arb /

SKHY

RWAall SKHY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Gate against Aster+0.014%7-day average −0.024% · you sell dearer than you buy

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$410.412% of the position

Long on Aster Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 4 days (all we have)−0.009%−$1 · spread now +0.014%, 7d avg −0.024%

Together, before fees+0.010%+ Points / potential airdropAster: Stage 5 · farm board+$1 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.039% dearer against Aster than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SKHYUSDT	186.96	0	get 0.0000% / 8h	2h 14m	$228K	$915K	50x
Short	Gate SKHY_USDT	186.99	0	get 0.0000% / 8h	2h 14m	$25.2M	$20.7M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Aster. 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 AsterbpFee GatebpOrdersPrice spread, now +0.014%Rate

Funding earned: $0
Price spread: +0.014% → −0.024%: $3.88
Slippage, 4 orders: −$18.18
Fee Aster: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$37.3
Costs to cover: 0.412%
Break-even: never at this rate

Slippage from Aster: live order book, 33 min ago; Gate: live order book, 4 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 Aster live order book, 33 min ago	0.80 bp	7.7 bp −$8	10.5 bp −$105	doesn't fit	doesn't fit
Sell Gate live order book, 4 min ago	1.60 bp	13.9 bp −$14	37.6 bp −$376	56.2 bp −$5,622	86.6 bp −$43.3K

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	−0.1208%	8h	187.16	+0.105%	$24.9M	$31.0M	20x	as long as short
edgeX SKHYUSDC	−0.0915%	4h	186.76	−0.110%	$563K	$292K	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	−0.0178%	1h	186.75	−0.114%	$48K	$335K	10x	as long as short
Nado SKHY-PERP	−0.0141%	1h	186.81	−0.082%	$33K	$28K	10x	as long as short
tradeXYZ xyz:SKHY	−0.0117%	1h	186.89	−0.039%	$158.6M	$74.1M	10x	as long as short
Polymarket Perps SKHY-USD	−0.0094%	1h	186.61	−0.189%	$180K	$487K	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0024%	1h	187.12	+0.084%	$58K	$888K	10x	as long as short
QFEX SKHY-USD	−0.0014%	1h	186.70	−0.141%	$1.2M	$4.1M	10x	as long as short
Lighter SKHY	−0.0008%	1h	186.77	−0.103%	$908K	$1.0M	10x	as long as short
Ondo Perps SKHY-USD.P	−0.0008%	1h	186.83	−0.071%	$515K	$2.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SKHYUSDTlong	0.0000%	8h	186.96	long leg	$228K	$915K	50x
Extended SKHY-USD	0.0000%	1h	186.90	−0.032%	$54K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	186.96	0.000%	$200.1M	$430.8M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	187.00	+0.020%	$15.8M	$30.2M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	187.01	+0.025%	$44.5M	$76.7M	50x	as long as short
Gate SKHY_USDTshort	0.0000%	8h	186.99	+0.014%	$25.2M	$20.7M	75x
Variational Omni SKHY	0.0000%	8h	186.65	−0.165%	$1.6M	$1.0M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	186.93	−0.018%	$22K	$223K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	186.99	+0.014%	$684	$6.2M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	186.75	−0.114%	$155K	$371K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	186.84	−0.066%	$1.5M	$1.1M	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	186.77	−0.103%	$1.0M	$1.6M	10x	as long as short
Popdex SKHYUSDT	+0.0040%	1h	186.71	−0.135%	$195K	$273K	20x	as long as short
Arcus SKHY-USD	+0.0040%	1h	186.81	−0.082%	$58K	$164K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	186.79	−0.093%	—	$12K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	186.81	−0.082%	$41K	$13K	10x	as long as short
KuCoin SKHYUSDTM	+0.0100%	8h	186.78	−0.098%	$1.1M	$321K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	186.70	−0.141%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	186.88	−0.044%	$2.1M	$413K	50x	as long as short
Phoenix SKHY	+0.0254%	1h	186.93	−0.018%	$209K	$124K	10x	as long as short
Kraken Futures PF_SKHYUSD	+0.0262%	1h	186.73	−0.126%	$47K	$19K	20x	as long as short