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+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Bitget+0.032%75s7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$310.306% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.196%+$20 on $10k
Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.032%, 7d avg 0.000%
Together, before fees+0.144%+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.032% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of 0.000%. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SKHYUSDT189.960get 0.0000% / 8h3h 26m$24.4M$28.7M20x
ShortBloFin SKHY-USDT190.020.0120get 0.0120% / 8h3h 26m$2.2M$437K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
$25.2
Price spread: +0.032% → 0.000%
$3.17
Slippage, 4 orders
−$6.6
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$2.23
Costs to cover
0.306%
Break-even
7.6 days
Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 7 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 Bitget live order book, 3 min ago0.26 bp8.3 bp −$813.7 bp −$13724.9 bp −$2,49145.1 bp −$22.6K
Sell BloFin live order book, 7 min ago0.26 bp7.3 bp −$78.5 bp −$8519.4 bp −$1,936doesn'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−0.0999%4h190.13+0.088%$573K$289K10xas long as short
Deribit SKHY_USDC-PERPETUAL−0.0119%1h189.83−0.068%$48K$328K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0104%1h189.86−0.053%$36K$876K10xas long as short
tradeXYZ xyz:SKHY−0.0027%1h189.85−0.058%$159.1M$69.6M10xas long as short
Aster SKHYUSDT0.0000%8h190.00+0.020%$246K$893K50xas long as short
Extended SKHY-USD0.0000%1h189.78−0.097%$55K$7K10xas long as short
Binance SKHYUSDT0.0000%8h189.83−0.068%$200.1M$407.3M50xas long as short
Bybit SKHYUSDT0.0000%8h189.84−0.063%$15.3M$28.6M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h189.83−0.068%$45.1M$73.3M50xas long as short
Gate SKHY_USDT0.0000%8h189.88−0.042%$25.6M$19.6M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SKHYUSDTlong0.0000%8h189.96long leg$24.4M$28.7M20x
Variational Omni SKHY0.0000%8h189.80−0.084%$1.6M$1.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h190.15+0.102%$22K$214K10xas long as short
SunX SKHY-USDT0.0000%8h190.12+0.084%$696$6.2M10xas long as short
HTX SKHY-USDT0.0000%8h189.79−0.089%$158K$369K50xas long as short
Phemex SKHYUSDT0.0000%8h189.88−0.042%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0011%1h189.82−0.074%$1.2M$4.1M10xas long as short
Lighter SKHY+0.0016%1h189.77−0.100%$1.0M$704K10xas long as short
Lighter RH SKHY+0.0032%1h189.81−0.079%$1.1M$1.4M10xas long as short
Arcus SKHY-USD+0.0040%1h190.08+0.063%$59K$164K10xas long as short
Nado SKHY-PERP+0.0042%1h189.99+0.013%$34K$28K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h189.960.000%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h189.86−0.053%$200K$258K20xas long as short
Polymarket Perps SKHY-USD+0.0050%1h189.76−0.105%$183K$470K10xas long as short
SoDEX SKHY-USD+0.0050%1h189.86−0.053%$42K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h190.17+0.111%$529K$2.7M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h189.960.000%$1.1M$318K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h189.88−0.042%$2K$4K10xas long as short
BloFin SKHY-USDTshort+0.0120%8h190.02+0.032%$2.2M$437K50x
Phoenix SKHY+0.0375%1h190.40+0.232%$213K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0690%1h189.88−0.044%$48K$19K20xas long as short