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

SKHY

RWAall SKHY markets
SwapBacktest
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: GRVT against Binance+0.177%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$20as in the Funding arb table
Net, price: spread back to 7d avg − costs−$9as in the Price arb table
costs, in and out, $10k−$230.234% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.037%+$4 on $10k
Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.177%, 7d avg +0.034%
Together, before fees−0.017%+ Points / potential airdropGRVT: Active · farm board−$2 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: GRVT is 0.144% dearer against Binance than usual: you sell high and buy low, +$14 on $10k if it goes back to its 7-day average of +0.034%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SKHYUSDT189.350get 0.0000% / 8h3h 22m$199.6M$408.3M50x
ShortGRVT SKHY_USDT_Perp189.690get 0.0000% / 8h3h 22m$22K$215K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Binance. 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
$0
Price spread: +0.177% → +0.034%
$14.35
Slippage, 4 orders
−$4.42
Fee Binance: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$9.07
Costs to cover
0.234%
Break-even
never at this rate
Slippage from Binance: live order book, 6 min ago; GRVT: live order book, 29 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 Binance live order book, 6 min ago0.26 bp5.7 bp −$67.2 bp −$7220.2 bp −$2,02458.7 bp −$29.4K
Sell GRVT live order book, 29 min ago1.04 bp6.9 bp −$710.9 bp −$109doesn'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−0.0722%4h190.02+0.355%$573K$289K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0104%1h189.86+0.269%$36K$876K10xas long as short
tradeXYZ xyz:SKHY−0.0026%1h189.30−0.026%$158.7M$69.6M10xas long as short
Deribit SKHY_USDC-PERPETUAL−0.0014%1h189.41+0.032%$48K$328K10xas long as short
Aster SKHYUSDT0.0000%8h189.69+0.177%$246K$894K50xas long as short
Extended SKHY-USD0.0000%1h189.28−0.038%$55K$7K10xas long as short
Binance SKHYUSDTlong0.0000%8h189.35long leg$199.6M$408.3M50x
Bybit SKHYUSDT0.0000%8h189.40+0.026%$15.3M$28.7M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h189.350.000%$44.9M$73.3M50xas long as short
Gate SKHY_USDT0.0000%8h189.37+0.011%$25.4M$19.7M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SKHYUSDT0.0000%8h189.56+0.111%$24.3M$29.1M20xas long as short
Variational Omni SKHY0.0000%8h189.80+0.238%$1.6M$1.1Mas long as short
GRVT SKHY_USDT_Perpshort0.0000%8h189.69+0.177%$22K$215K10x
SunX SKHY-USDT0.0000%8h189.72+0.195%$694$6.2M10xas long as short
HTX SKHY-USDT0.0000%8h189.350.000%$158K$368K50xas long as short
Phemex SKHYUSDT0.0000%8h189.350.000%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0011%1h189.43+0.042%$1.2M$4.1M10xas long as short
Lighter SKHY+0.0016%1h189.30−0.026%$999K$709K10xas long as short
Lighter RH SKHY+0.0032%1h189.33−0.011%$1.1M$1.4M10xas long as short
Nado SKHY-PERP+0.0039%1h189.57+0.115%$33K$28K10xas long as short
Arcus SKHY-USD+0.0040%1h189.79+0.232%$59K$164K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h189.54+0.100%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h189.39+0.021%$200K$257K20xas long as short
Polymarket Perps SKHY-USD+0.0050%1h189.31−0.021%$183K$470K10xas long as short
SoDEX SKHY-USD+0.0050%1h189.38+0.016%$42K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h189.44+0.048%$529K$2.6M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h189.58+0.121%$1.1M$318K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h189.53+0.095%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h189.34−0.005%$2.2M$436K50xas long as short
Phoenix SKHY+0.0375%1h189.85+0.264%$213K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0691%1h189.47+0.064%$48K$19K20xas long as short