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+0.0100%/8h= +10.9% APRpaid last 24h +0.039%
Price spread now: Orderly against Deribit+0.005%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit SKHY_USDC-PERPETUAL186.230get 0.0000% / 1h12m 17s$49K$347K10x
ShortOrderly PERP_SKHY_USDC_mythos186.240.0100get 0.0100% / 8h12m 17s$2K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Deribit. 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
$21
Price spread: +0.005% → 0.000%
$0.54
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Orderly: 3 bp × 2 orders
−$6
Net
$8.54
Costs to cover
0.130%
Break-even
4.2 days
Slippage unknown: Deribit: live order book, 26 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 26 min ago6.70 bp16.4 bp −$1619.5 bp −$195doesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
Bitget SKHYUSDT−0.1244%8h186.42+0.102%$25.5M$33.4M20xas long as short
edgeX SKHYUSDC−0.0686%4h186.26+0.015%$561K$292K10xas long as short
Kraken Futures PF_SKHYUSD−0.0266%1h186.26+0.014%$48K$21K20xas long as short
tradeXYZ xyz:SKHY−0.0152%1h186.19−0.021%$158.1M$76.9M10xas long as short
Nado SKHY-PERP−0.0133%1h186.27+0.022%$33K$28K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0072%1h187.58+0.725%$68K$799K10xas long as short
Polymarket Perps SKHY-USD−0.0066%1h186.13−0.054%$180K$486K10xas long as short
QFEX SKHY-USD−0.0061%1h186.17−0.032%$1.2M$4.3M10xas long as short
KuCoin SKHYUSDTM−0.0054%8h186.27+0.021%$1.1M$346K20xas long as short
Popdex SKHYUSDT−0.0024%1h186.17−0.032%$204K$287K20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter SKHY0.0000%1h186.15−0.043%$972K$1.2M10xas long as short
Aster SKHYUSDT0.0000%8h186.29+0.031%$225K$899K50xas long as short
Extended SKHY-USD0.0000%1h186.14−0.047%$54K$7K10xas long as short
Binance SKHYUSDT0.0000%8h186.19−0.021%$199.7M$452.1M50xas long as short
Bybit SKHYUSDT0.0000%8h186.22−0.005%$16.6M$29.4M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h186.12−0.059%$44.5M$79.8M50xas long as short
Gate SKHY_USDT0.0000%8h186.19−0.021%$25.5M$21.1M75xas long as short
Variational Omni SKHY0.0000%8h186.36+0.068%$1.6M$1.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h186.29+0.032%$22K$238K10xas long as short
SunX SKHY-USDT0.0000%8h186.45+0.118%$682$6.1M10xas long as short
Deribit SKHY_USDC-PERPETUALlong0.0000%1h186.23long leg$49K$347K10x
HTX SKHY-USDT0.0000%8h186.22−0.005%$154K$362K50xas long as short
Phemex SKHYUSDT0.0000%8h186.13−0.054%$1.5M$1.1M10xas long as short
Lighter RH SKHY+0.0032%1h186.12−0.059%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h186.26+0.016%$60K$171K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h186.18−0.027%$32K10xas long as short
SoDEX SKHY-USD+0.0050%1h186.13−0.054%$41K$12K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h186.26+0.016%$520K$2.6M10xas long as short
Orderly PERP_SKHY_USDC_mythosshort+0.0100%8h186.24+0.005%$2K$4K10x
BloFin SKHY-USDT+0.0120%8h186.230.000%$2.2M$426K50xas long as short
Phoenix SKHY+0.0129%1h186.60+0.199%$209K$123K10xas long as short