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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.038%
Price spread now: QFEX against BloFin−0.026%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$260.263% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.163%−$16 on $10k
Price spread, last 4 days (all we have)+0.180%+$18 · spread now −0.026%, 7d avg −0.015%
Together, before fees+0.018%+$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SKHY-USDT193.220.0120pay 0.0120% / 8h5h 03m$2.3M$438K50x
ShortQFEX SKHY-USD193.170.0004get 0.0000% / 1h3m 56s$1.2M$4.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against BloFin. 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
−$24.39
Price spread: −0.026% → −0.015%
−$1.1
Slippage, 4 orders
−$4.29
Fee BloFin: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$51.78
Costs to cover
0.263%
Break-even
never at this rate
Slippage from BloFin: live order book, 4 min ago; QFEX: live order book, 4 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 BloFin live order book, 4 min ago0.52 bp6.7 bp −$78.0 bp −$8012.8 bp −$1,28538.0 bp −$19.0K
Sell QFEX live order book, 4 min ago1.55 bp6.6 bp −$78.9 bp −$89doesn'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−0.0964%4h193.03−0.099%$582K$291K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0032%1h192.90−0.166%$45K$874K10xas long as short
Aster SKHYUSDT0.0000%8h193.09−0.066%$249K$889K50xas long as short
Extended SKHY-USD0.0000%1h193.16−0.030%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.20−0.010%$205.4M$393.4M50xas long as short
Bybit SKHYUSDT0.0000%8h193.20−0.010%$15.8M$27.4M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.16−0.031%$46.7M$70.0M50xas long as short
Gate SKHY_USDT0.0000%8h193.14−0.041%$25.8M$19.1M75xas long as short
Variational Omni SKHY0.0000%8h193.16−0.032%$1.6M$1.2Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h192.98−0.123%$22K$198K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.51+0.150%$708$6.3M10xas long as short
HTX SKHY-USDT0.0000%8h193.05−0.088%$161K$368K50xas long as short
Phemex SKHYUSDT0.0000%8h193.21−0.005%$1.5M$1.1M10xas long as short
QFEX SKHY-USDshort+0.0004%1h193.17−0.026%$1.2M$4.3M10x
Lighter SKHY+0.0032%1h193.09−0.067%$1.0M$696K10xas long as short
Lighter RH SKHY+0.0032%1h193.07−0.078%$1.1M$1.6M10xas long as short
Arcus SKHY-USD+0.0040%1h193.10−0.062%$57K$154K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.17−0.026%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.20−0.010%$201K$257K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h193.09−0.067%$161.6M$67.5M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h193.09−0.067%$189K$456K10xas long as short
SoDEX SKHY-USD+0.0050%1h193.16−0.031%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h192.99−0.119%$567K$2.2M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h193.07−0.078%$1.1M$297K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.17−0.026%$2K$4K10xas long as short
BloFin SKHY-USDTlong+0.0120%8h193.22long leg$2.3M$438K50x
Deribit SKHY_USDC-PERPETUAL+0.0164%1h193.220.000%$49K$306K10xas long as short
Nado SKHY-PERP+0.0169%1h193.21−0.006%$38K$26K10xas long as short
Bitget SKHYUSDT+0.0188%8h193.220.000%$25.4M$26.9M20xas long as short
Phoenix SKHY+0.0332%1h193.15−0.036%$216K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0545%1h193.29+0.036%$51K$17K20xas long as short