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: HTX against Bitget+0.021%7-day average −0.033% · you sell dearer than you buy

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$34as in the Price arb table

costs, in and out, $10k−$400.396% of the position

Long on Bitget Short on HTX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.036%−$4 on $10k

Price spread, last 4 days (all we have)−0.094%−$9 · spread now +0.021%, 7d avg −0.033%

Together, before fees−0.129%−$13 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: HTX is 0.054% dearer against Bitget than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.033%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SKHYUSDT	190.69	0	get 0.0000% / 8h	3h 45m	$24.4M	$28.1M	20x
Short	HTX SKHY-USDT	190.73	0	get 0.0000% / 8h	3h 45m	$159K	$370K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

HTX 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

Position, each leg$Hold fordaysFee BitgetbpFee HTXbpOrdersPrice spread, now +0.021%Rate

Funding earned: $0
Price spread: +0.021% → −0.033%: $5.45
Slippage, 4 orders: −$15.63
Fee Bitget: 6 bp × 2 orders: −$12
Fee HTX: 6 bp × 2 orders: −$12
Net: −$34.18
Costs to cover: 0.396%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; HTX: live order book, 7 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 Bitget live order book, 3 min ago	1.05 bp	8.8 bp −$9	13.8 bp −$138	24.8 bp −$2,484	45.7 bp −$22.9K
Sell HTX live order book, 7 min ago	1.83 bp	10.4 bp −$10	14.3 bp −$143	doesn't fit	doesn't fit

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
edgeX SKHYUSDC	−0.0851%	4h	190.81	+0.064%	$575K	$291K	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0104%	1h	192.84	+1.127%	$45K	$861K	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	190.71	+0.009%	$248K	$891K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	190.57	−0.062%	$56K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	190.56	−0.066%	$200.4M	$401.8M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	190.47	−0.115%	$15.4M	$28.4M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	190.43	−0.136%	$45.8M	$72.4M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	190.48	−0.110%	$25.6M	$19.3M	75x	as long as short
Bitget SKHYUSDTlong	0.0000%	8h	190.69	long leg	$24.4M	$28.1M	20x
Variational Omni SKHY	0.0000%	8h	190.79	+0.053%	$1.6M	$1.1M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SKHY_USDT_Perp	0.0000%	8h	190.60	−0.047%	$22K	$209K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	191.12	+0.225%	$699	$6.2M	10x	as long as short
HTX SKHY-USDTshort	0.0000%	8h	190.73	+0.021%	$159K	$370K	50x
Phemex SKHYUSDT	0.0000%	8h	190.82	+0.068%	$1.5M	$1.1M	10x	as long as short
tradeXYZ xyz:SKHY	+0.0002%	1h	190.53	−0.084%	$159.3M	$68.9M	10x	as long as short
QFEX SKHY-USD	+0.0011%	1h	190.69	0.000%	$1.2M	$4.0M	10x	as long as short
Lighter SKHY	+0.0032%	1h	190.64	−0.026%	$1.0M	$691K	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	190.65	−0.021%	$1.1M	$1.4M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	190.90	+0.110%	$59K	$164K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	190.73	+0.021%	—	$12K	10x	as long as short
Popdex SKHYUSDT	+0.0048%	1h	190.77	+0.042%	$201K	$257K	20x	as long as short
Polymarket Perps SKHY-USD	+0.0050%	1h	190.66	−0.016%	$182K	$460K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	190.72	+0.016%	$42K	$13K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	190.77	+0.042%	$576K	$2.6M	10x	as long as short
KuCoin SKHYUSDTM	+0.0100%	8h	190.70	+0.005%	$1.1M	$321K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	190.81	+0.063%	$2K	$4K	10x	as long as short
Nado SKHY-PERP	+0.0114%	1h	190.72	+0.018%	$34K	$28K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	190.74	+0.026%	$2.2M	$435K	50x	as long as short
Deribit SKHY_USDC-PERPETUAL	+0.0169%	1h	190.82	+0.068%	$48K	$325K	10x	as long as short
Phoenix SKHY	+0.0375%	1h	191.05	+0.189%	$214K	$124K	10x	as long as short
Kraken Futures PF_SKHYUSD	+0.0686%	1h	190.91	+0.116%	$48K	$19K	20x	as long as short