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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.014%
Price spread now: Popdex against Aster+0.112%7-day average +0.001% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$270.268% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.039%+$4 on $10k
Price spread, last 4 days (all we have)−0.082%−$8 · spread now +0.112%, 7d avg +0.001%
Together, before fees−0.043%+ Points / potential airdropAster: Stage 5 · farm board−$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Popdex is 0.111% dearer against Aster than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster SKHYUSDT186.580get 0.0000% / 8h2h 28m$228K$910K50x
ShortPopdex SKHYUSDT186.790.0048get 0.0006% / 1h28m 51s$193K$271K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
$10.08
Price spread: +0.112% → +0.001%
$11.08
Slippage, 4 orders
−$12.4
Fee Aster: 4 bp × 2 orders
−$8
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$5.64
Costs to cover
0.268%
Break-even
10.9 days
Slippage from Aster: live order book, 19 min ago; Popdex: live order book, 20 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, 19 min ago0.80 bp7.7 bp −$810.5 bp −$105doesn't fitdoesn't fit
Sell Popdex live order book, 20 min ago2.38 bp6.3 bp −$69.5 bp −$95doesn'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−0.0986%4h186.53−0.026%$562K$292K10xas long as short
Bitget SKHYUSDT−0.0958%8h186.81+0.123%$24.6M$30.4M20xas long as short
Nado SKHY-PERP−0.0100%1h186.95+0.196%$33K$28K10xas long as short
tradeXYZ xyz:SKHY−0.0073%1h186.74+0.085%$157.8M$72.9M10xas long as short
Polymarket Perps SKHY-USD−0.0052%1h186.75+0.091%$180K$487K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0024%1h186.71+0.069%$47K$875K10xas long as short
QFEX SKHY-USD−0.0014%1h186.77+0.102%$1.2M$4.1M10xas long as short
Lighter SKHY0.0000%1h186.83+0.134%$928K$957K10xas long as short
Aster SKHYUSDTlong0.0000%8h186.58long leg$228K$910K50x
Extended SKHY-USD0.0000%1h186.49−0.048%$54K$7K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SKHYUSDT0.0000%8h186.40−0.096%$198.5M$424.7M50xas long as short
Bybit SKHYUSDT0.0000%8h186.41−0.091%$15.5M$29.8M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h186.21−0.199%$44.1M$75.0M50xas long as short
Gate SKHY_USDT0.0000%8h186.50−0.043%$25.1M$20.4M75xas long as short
Variational Omni SKHY0.0000%8h186.65+0.035%$1.6M$1.0Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h186.71+0.069%$22K$219K10xas long as short
SunX SKHY-USDT0.0000%8h187.18+0.321%$685$6.2M10xas long as short
Deribit SKHY_USDC-PERPETUAL0.0000%1h186.96+0.203%$48K$335K10xas long as short
HTX SKHY-USDT0.0000%8h186.90+0.171%$155K$371K50xas long as short
Phemex SKHYUSDT0.0000%8h186.79+0.112%$1.5M$1.1M10xas long as short
Ondo Perps SKHY-USD.P+0.0026%1h186.79+0.112%$515K$2.6M10xas long as short
Lighter RH SKHY+0.0032%1h186.80+0.118%$1.0M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h186.79+0.112%$58K$164K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h186.85+0.144%$12K10xas long as short
Popdex SKHYUSDTshort+0.0048%1h186.79+0.112%$193K$271K20x
SoDEX SKHY-USD+0.0050%1h186.85+0.144%$41K$13K10xas long as short
KuCoin SKHYUSDTM+0.0100%8h186.75+0.091%$1.1M$319K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h186.94+0.193%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h186.80+0.118%$2.2M$409K50xas long as short
Phoenix SKHY+0.0254%1h187.06+0.257%$210K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0262%1h186.89+0.164%$47K$19K20xas long as short