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+0.0882%/8h= +96.5% APRpaid last 24h +0.200%
Price spread now: BloFin against edgeX+0.125%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$350.352% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.326%−$33 on $10k
Price spread, last 4 days (all we have)−0.102%−$10 · spread now +0.125%, 7d avg +0.012%
Together, before fees−0.428%+ Points / potential airdropedgeX: Active · farm board−$43 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and BloFin is 0.113% dearer against edgeX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of +0.012%. Mind the row above: over the last 7 days funding on this pair cost −0.326%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.326% in total (about -17.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SKHYUSDC186.50−0.0762get 0.0381% / 4h1h 22m$562K$290K10x
ShortBloFin SKHY-USDT186.730.0120get 0.0120% / 8h1h 22m$2.2M$422K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against edgeX. 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
$185.12
Price spread: +0.125% → +0.012%
$11.31
Slippage, 4 orders
−$14.17
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
$161.26
Costs to cover
0.352%
Break-even
0.9 days
Slippage from edgeX: live order book, 21 min ago; BloFin: live order book, 5 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 edgeX live order book, 21 min ago5.62 bp11.1 bp −$1119.1 bp −$191doesn't fitdoesn't fit
Sell BloFin live order book, 5 min ago0.80 bp6.8 bp −$77.7 bp −$7718.9 bp −$1,890doesn'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
Bitget SKHYUSDT−0.1297%8h187.01+0.275%$25.1M$31.7M20xas long as short
edgeX SKHYUSDClong−0.0762%4h186.50long leg$562K$290K10x
Deribit SKHY_USDC-PERPETUAL−0.0499%1h186.81+0.168%$49K$343K10xas long as short
Nado SKHY-PERP−0.0188%1h187.01+0.276%$33K$28K10xas long as short
tradeXYZ xyz:SKHY−0.0183%1h186.82+0.173%$158.7M$74.7M10xas long as short
Popdex SKHYUSDT−0.0168%1h186.73+0.125%$197K$275K20xas long as short
Polymarket Perps SKHY-USD−0.0165%1h186.67+0.093%$180K$487K10xas long as short
Kraken Futures PF_SKHYUSD−0.0139%1h186.78+0.150%$48K$20K20xas long as short
Coinbase International SKHY-PERP-INTX−0.0104%1h187.75+0.672%$63K$901K10xas long as short
Lighter SKHY−0.0080%1h186.81+0.168%$956K$1.1M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX SKHY-USD−0.0049%1h186.77+0.147%$1.2M$4.2M10xas long as short
Ondo Perps SKHY-USD.P−0.0045%1h186.39−0.057%$515K$2.6M10xas long as short
Aster SKHYUSDT0.0000%8h186.86+0.197%$226K$919K50xas long as short
Extended SKHY-USD0.0000%1h186.70+0.109%$54K$7K10xas long as short
Binance SKHYUSDT0.0000%8h186.75+0.134%$199.2M$439.9M50xas long as short
Bybit SKHYUSDT0.0000%8h186.85+0.190%$15.9M$29.3M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h186.73+0.125%$44.6M$77.7M50xas long as short
Gate SKHY_USDT0.0000%8h186.79+0.157%$25.6M$20.5M75xas long as short
Variational Omni SKHY0.0000%8h186.64+0.078%$1.6M$1.0Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h186.51+0.007%$22K$230K10xas long as short
SunX SKHY-USDT0.0000%8h187.05+0.297%$685$6.1M10xas long as short
HTX SKHY-USDT0.0000%8h186.70+0.109%$155K$367K50xas long as short
Phemex SKHYUSDT0.0000%8h186.69+0.104%$1.5M$1.1M10xas long as short
Lighter RH SKHY+0.0032%1h186.78+0.152%$1.1M$1.6M10xas long as short
Arcus SKHY-USD+0.0040%1h186.61+0.061%$59K$165K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h186.84+0.184%$24K10xas long as short
SoDEX SKHY-USD+0.0050%1h186.72+0.120%$41K$13K10xas long as short
KuCoin SKHYUSDTM+0.0081%8h186.74+0.131%$1.1M$327K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h186.76+0.141%$2K$4K10xas long as short
BloFin SKHY-USDTshort+0.0120%8h186.73+0.125%$2.2M$422K50x
Phoenix SKHY+0.0213%1h186.85+0.190%$209K$115K10xas long as short