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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0112%/8h= +12.3% APRnext payment +$0.14 per $10,000 · paid last 24h −0.003%
Price spread now: Arcus against Coinbase International−0.021%7-day average −0.138% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$460.459% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.061%+$6 on $10k
Price spread, last 3 days (all we have)+0.082%+$8 · spread now −0.021%, 7d avg −0.138%
Together, before fees+0.143%+$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Arcus is 0.117% dearer against Coinbase International than usual: you sell high and buy low: +$12 more if the spread goes back to its 7-day average of −0.138%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SKHY-PERP-INTX192.90−0.0072get 0.0009% / 1h40m 54s$45K$874K10x
ShortArcus SKHY-USD192.860.0040get 0.0005% / 1h40m 54s$57K$154K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Coinbase International. 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
$23.58
Price spread: −0.021% → −0.138%
$11.69
Slippage, 4 orders
−$31.43
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$10.66
Costs to cover
0.459%
Break-even
10.2 days
Slippage from Coinbase International: live order book, 27 min ago; Arcus: live order book, 27 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 Coinbase International live order book, 27 min ago7.24 bp13.7 bp −$1420.9 bp −$209doesn't fitdoesn't fit
Sell Arcus live order book, 27 min ago3.36 bp11.9 bp −$1219.6 bp −$196doesn'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−0.0332%4h192.69−0.109%$581K$289K10xas long as short
Coinbase International SKHY-PERP-INTXlong−0.0072%1h192.90long leg$45K$874K10x
Aster SKHYUSDT0.0000%8h192.92+0.011%$248K$890K50xas long as short
Extended SKHY-USD0.0000%1h192.87−0.014%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h192.80−0.053%$210.4M$385.1M50xas long as short
Bybit SKHYUSDT0.0000%8h192.82−0.041%$15.6M$27.2M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h192.94+0.021%$46.8M$69.0M50xas long as short
Gate SKHY_USDT0.0000%8h192.80−0.052%$25.8M$18.8M75xas long as short
Variational Omni SKHY0.0000%8h192.94+0.018%$1.6M$2.2Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h192.90+0.001%$22K$191K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.24+0.176%$707$6.6M10xas long as short
Deribit SKHY_USDC-PERPETUAL0.0000%1h192.93+0.016%$48K$270K10xas long as short
HTX SKHY-USDT0.0000%8h192.900.000%$160K$376K50xas long as short
Phemex SKHYUSDT0.0000%8h192.96+0.031%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0002%1h192.94+0.021%$1.2M$4.7M10xas long as short
Nado SKHY-PERP+0.0015%1h192.98+0.040%$42K$21K10xas long as short
Lighter SKHY+0.0032%1h192.79−0.057%$1.0M$680K10xas long as short
Lighter RH SKHY+0.0032%1h192.81−0.047%$1.1M$1.5M10xas long as short
Arcus SKHY-USDshort+0.0040%1h192.86−0.021%$57K$154K10x
Vest SKHY-USD-PERP+0.0046%1h192.900.000%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.01+0.057%$197K$256K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h192.86−0.021%$163.0M$66.7M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h192.89−0.005%$189K$456K10xas long as short
SoDEX SKHY-USD+0.0050%1h192.86−0.021%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h192.91+0.005%$533K$1.8M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h192.91+0.005%$1.1M$279K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h192.94+0.021%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.08+0.093%$2.3M$445K50xas long as short
Phoenix SKHY+0.0331%1h193.14+0.124%$216K$123K10xas long as short
Bitget SKHYUSDT+0.0381%8h192.900.000%$25.5M$26.4M20xas long as short
Kraken Futures PF_SKHYUSD+0.0706%1h193.02+0.063%$51K$17K20xas long as short