Funding arb · Price arb /

SKHY

RWAall SKHY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0120%/8h= +13.1% APRpaid last 24h +0.036%

Price spread now: BloFin against Extended+0.160%94s7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Extended Short on BloFin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.293%+$29 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.160% dearer against Extended than usual: you sell high and buy low: +$16 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended SKHY-USD	190.43	0	get 0.0000% / 1h	45m 33s	$56K	$7K	10x
Short	BloFin SKHY-USDT	190.74	0.0120	get 0.0120% / 8h	3h 45m	$2.2M	$435K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee BloFinbpOrdersPrice spread, now +0.160%Rate

Funding earned: $25.2
Price spread: +0.160% → 0.000%: $16.03
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee BloFin: 6 bp × 2 orders: −$12
Net: $24.23
Costs to cover: 0.170%
Break-even: 0.3 days

Slippage unknown: Extended: no order-book sample; BloFin: live order book, 2 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended no order-book sample	—	—	—	—	—
Sell BloFin live order book, 2 min ago	0.79 bp	6.8 bp −$7	8.5 bp −$85	23.0 bp −$2,304	doesn't fit

Extended: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX SKHYUSDC	−0.0765%	4h	190.76	+0.171%	$575K	$291K	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0104%	1h	192.84	+1.263%	$45K	$861K	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	190.60	+0.086%	$247K	$891K	50x	as long as short
Extended SKHY-USDlong	0.0000%	1h	190.43	long leg	$56K	$7K	10x
Binance SKHYUSDT	0.0000%	8h	190.47	+0.017%	$200.3M	$401.9M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	190.43	−0.003%	$15.4M	$28.4M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	190.37	−0.034%	$45.8M	$72.4M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	190.39	−0.024%	$25.6M	$19.3M	75x	as long as short
Bitget SKHYUSDT	0.0000%	8h	190.61	+0.092%	$24.4M	$28.2M	20x	as long as short
Variational Omni SKHY	0.0000%	8h	190.79	+0.187%	$1.6M	$1.1M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SKHY_USDT_Perp	0.0000%	8h	190.60	+0.087%	$22K	$209K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	191.12	+0.360%	$699	$6.2M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	190.73	+0.155%	$159K	$370K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	190.82	+0.202%	$1.5M	$1.1M	10x	as long as short
tradeXYZ xyz:SKHY	+0.0005%	1h	190.37	−0.034%	$159.2M	$69.0M	10x	as long as short
QFEX SKHY-USD	+0.0011%	1h	190.37	−0.034%	$1.2M	$4.0M	10x	as long as short
Lighter SKHY	+0.0032%	1h	190.31	−0.066%	$1.0M	$691K	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	190.35	−0.045%	$1.1M	$1.4M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	190.78	+0.181%	$59K	$164K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	190.44	+0.003%	—	$12K	10x	as long as short
Popdex SKHYUSDT	+0.0048%	1h	190.39	−0.024%	$200K	$257K	20x	as long as short
Polymarket Perps SKHY-USD	+0.0050%	1h	190.31	−0.066%	$182K	$460K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	190.72	+0.150%	$42K	$13K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	190.51	+0.039%	$576K	$2.6M	10x	as long as short
KuCoin SKHYUSDTM	+0.0100%	8h	190.54	+0.055%	$1.1M	$321K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	190.81	+0.197%	$2K	$4K	10x	as long as short
Nado SKHY-PERP	+0.0119%	1h	190.43	−0.001%	$34K	$28K	10x	as long as short
BloFin SKHY-USDTshort	+0.0120%	8h	190.74	+0.160%	$2.2M	$435K	50x
Deribit SKHY_USDC-PERPETUAL	+0.0169%	1h	190.82	+0.202%	$48K	$325K	10x	as long as short
Phoenix SKHY	+0.0375%	1h	191.05	+0.323%	$214K	$124K	10x	as long as short
Kraken Futures PF_SKHYUSD	+0.0686%	1h	190.91	+0.250%	$48K	$19K	20x	as long as short