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: HTX against Bybit−0.160%7-day average −0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$340.336% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.021%−$2 on $10k
Price spread, last 4 days (all we have)+0.064%+$6 · spread now −0.160%, 7d avg −0.028%
Together, before fees+0.043%+$4 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 0.132% cheaper against Bybit than usual: you would sell low and buy high, −$13 on $10k if it goes back to its 7-day average of −0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SKHYUSDT193.360get 0.0000% / 8h5h 01m$15.8M$27.5M100x
ShortHTX SKHY-USDT193.050get 0.0000% / 8h5h 01m$161K$368K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bybit. 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: −0.160% → −0.028%
−$13.19
Slippage, 4 orders
−$10.59
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
−$46.78
Costs to cover
0.336%
Break-even
never at this rate
Slippage from Bybit: live order book, 2 min ago; HTX: live order book, 61 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 Bybit live order book, 2 min ago0.26 bp8.1 bp −$815.0 bp −$15081.8 bp −$8,185doesn't fit
Sell HTX live order book, 61 min ago2.85 bp8.9 bp −$910.8 bp −$108doesn'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−0.0876%4h193.20−0.083%$582K$291K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0032%1h192.90−0.238%$45K$874K10xas long as short
Aster SKHYUSDT0.0000%8h193.22−0.073%$249K$889K50xas long as short
Extended SKHY-USD0.0000%1h193.30−0.031%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.34−0.011%$205.2M$393.4M50xas long as short
Bybit SKHYUSDTlong0.0000%8h193.36long leg$15.8M$27.5M100x
OKX SKHY-USDT-SWAP0.0000%8h193.33−0.016%$46.7M$70.1M50xas long as short
Gate SKHY_USDT0.0000%8h193.28−0.041%$25.8M$19.2M75xas long as short
Variational Omni SKHY0.0000%8h193.16−0.105%$1.6M$1.2Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h193.20−0.082%$23K$199K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.55+0.098%$708$6.3M10xas long as short
HTX SKHY-USDTshort0.0000%8h193.05−0.160%$161K$368K50x
Phemex SKHYUSDT0.0000%8h193.27−0.047%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0004%1h193.20−0.083%$1.2M$4.3M10xas long as short
Lighter SKHY+0.0032%1h193.15−0.109%$1.0M$696K10xas long as short
Lighter RH SKHY+0.0032%1h193.15−0.109%$1.1M$1.6M10xas long as short
Arcus SKHY-USD+0.0040%1h193.14−0.114%$57K$154K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.21−0.078%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.28−0.041%$201K$257K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h193.22−0.072%$161.6M$67.6M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h193.17−0.098%$189K$456K10xas long as short
SoDEX SKHY-USD+0.0050%1h193.21−0.078%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h193.12−0.124%$567K$2.3M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h193.26−0.052%$1.1M$297K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.28−0.041%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.17−0.098%$2.3M$438K50xas long as short
Nado SKHY-PERP+0.0170%1h193.22−0.073%$38K$26K10xas long as short
Bitget SKHYUSDT+0.0193%8h193.30−0.031%$25.4M$26.9M20xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0216%1h193.27−0.047%$49K$306K10xas long as short
Phoenix SKHY+0.0332%1h193.38+0.010%$217K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0545%1h193.34−0.008%$51K$17K20xas long as short