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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.007%
Price spread now: KuCoin against Aster−0.001%7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$720.717% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.028%−$3 on $10k
Price spread, last 4 days (all we have)+0.048%+$5 · spread now −0.001%, 7d avg −0.022%
Together, before fees+0.020%+ Points / potential airdropAster: Stage 5 · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.021% dearer against Aster than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of −0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SKHYUSDT192.930get 0.0000% / 8h4h 39m$249K$889K50x
ShortKuCoin SKHYUSDTM192.930.0100get 0.0100% / 8h4h 39m$1.1M$302K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$21
Price spread: −0.001% → −0.022%
$2.08
Slippage, 4 orders
−$51.68
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$48.6
Costs to cover
0.717%
Break-even
23.2 days
Slippage from Aster: live order book, 18 min ago; KuCoin: live order book, 5 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 Aster live order book, 18 min ago0.52 bp7.8 bp −$816.3 bp −$163doesn't fitdoesn't fit
Sell KuCoin live order book, 5 min ago3.11 bp25.7 bp −$26doesn't fitdoesn't fitdoesn'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−0.0255%4h193.02+0.047%$582K$289K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0048%1h192.84−0.048%$45K$861K10xas long as short
Aster SKHYUSDTlong0.0000%8h192.93long leg$249K$889K50x
Extended SKHY-USD0.0000%1h192.91−0.012%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h192.96+0.013%$204.2M$392.5M50xas long as short
Bybit SKHYUSDT0.0000%8h193.00+0.035%$15.7M$27.5M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h192.93−0.001%$46.6M$69.8M50xas long as short
Gate SKHY_USDT0.0000%8h192.95+0.009%$25.8M$18.8M75xas long as short
Variational Omni SKHY0.0000%8h193.09+0.081%$1.6M$1.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h192.87−0.032%$23K$200K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.36+0.222%$708$6.3M10xas long as short
HTX SKHY-USDT0.0000%8h192.94+0.004%$161K$367K50xas long as short
Phemex SKHYUSDT0.0000%8h192.93−0.001%$1.5M$1.1M10xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0009%1h193.04+0.056%$49K$314K10xas long as short
QFEX SKHY-USD+0.0015%1h193.07+0.071%$1.2M$4.2M10xas long as short
Lighter SKHY+0.0032%1h192.88−0.027%$1.0M$684K10xas long as short
Lighter RH SKHY+0.0032%1h192.87−0.032%$1.1M$1.6M10xas long as short
Arcus SKHY-USD+0.0040%1h192.96+0.014%$57K$154K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.07+0.071%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.09+0.082%$201K$255K20xas long as short
tradeXYZ xyz:SKHY+0.0049%1h192.89−0.022%$161.3M$67.7M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h192.99+0.030%$189K$456K10xas long as short
SoDEX SKHY-USD+0.0050%1h192.97+0.020%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h192.93−0.001%$573K$2.3M10xas long as short
KuCoin SKHYUSDTMshort+0.0100%8h192.93−0.001%$1.1M$302K20x
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.06+0.066%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.11+0.092%$2.2M$437K50xas long as short
Nado SKHY-PERP+0.0141%1h193.08+0.076%$38K$26K10xas long as short
Bitget SKHYUSDT+0.0165%8h193.07+0.071%$25.3M$26.8M20xas long as short
Phoenix SKHY+0.0372%1h193.00+0.035%$216K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.1058%1h193.12+0.100%$50K$18K20xas long as short