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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.012%
Price spread now: Arcus against Gate+0.059%7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$450.448% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.072%+$7 on $10k
Price spread, last 4 days (all we have)−0.011%−$1 · spread now +0.059%, 7d avg −0.001%
Together, before fees+0.061%+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.059% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.001%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SKHY_USDT187.790get 0.0000% / 8h1h 57m$25.3M$20.0M75x
ShortArcus SKHY-USD187.900.0040get 0.0005% / 1h57m 33s$58K$164K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against Gate. 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
$8.46
Price spread: +0.059% → −0.001%
$5.95
Slippage, 4 orders
−$25.27
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$30.37
Costs to cover
0.448%
Break-even
32.1 days
Slippage from Gate: live order book, 1 min ago; Arcus: live order book, 51 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 Gate live order book, 1 min ago1.33 bp14.5 bp −$1419.9 bp −$19927.3 bp −$2,73350.2 bp −$25.1K
Sell Arcus live order book, 51 min ago4.24 bp9.5 bp −$1016.3 bp −$163doesn'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
Bitget SKHYUSDT−0.1066%8h187.88+0.048%$25.1M$31.5M20xas long as short
edgeX SKHYUSDC−0.0439%4h187.85+0.029%$566K$290K10xas long as short
Deribit SKHY_USDC-PERPETUAL−0.0335%1h187.98+0.101%$48K$337K10xas long as short
Nado SKHY-PERP−0.0186%1h187.93+0.073%$33K$28K10xas long as short
tradeXYZ xyz:SKHY−0.0154%1h187.86+0.037%$159.4M$74.3M10xas long as short
Kraken Futures PF_SKHYUSD−0.0138%1h187.97+0.095%$47K$19K20xas long as short
Coinbase International SKHY-PERP-INTX−0.0104%1h187.87+0.043%$62K$901K10xas long as short
Polymarket Perps SKHY-USD−0.0080%1h187.96+0.091%$182K$487K10xas long as short
Lighter SKHY−0.0072%1h187.82+0.016%$930K$1.1M10xas long as short
QFEX SKHY-USD−0.0049%1h187.72−0.037%$1.2M$4.1M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Popdex SKHYUSDT−0.0048%1h187.81+0.011%$197K$273K20xas long as short
Aster SKHYUSDT0.0000%8h187.78−0.006%$228K$916K50xas long as short
Extended SKHY-USD0.0000%1h187.74−0.025%$55K$7K10xas long as short
Binance SKHYUSDT0.0000%8h187.78−0.005%$201.3M$435.1M50xas long as short
Bybit SKHYUSDT0.0000%8h187.83+0.021%$15.9M$30.4M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h187.77−0.011%$44.7M$77.6M50xas long as short
Gate SKHY_USDTlong0.0000%8h187.79long leg$25.3M$20.0M75x
Variational Omni SKHY0.0000%8h188.08+0.155%$1.6M$1.0Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h188.05+0.136%$22K$225K10xas long as short
SunX SKHY-USDT0.0000%8h188.23+0.234%$689$6.1M10xas long as short
HTX SKHY-USDT0.0000%8h187.83+0.021%$156K$370K50xas long as short
Phemex SKHYUSDT0.0000%8h187.80+0.005%$1.5M$1.1M10xas long as short
Lighter RH SKHY+0.0032%1h187.83+0.021%$1.1M$1.6M10xas long as short
Ondo Perps SKHY-USD.P+0.0038%1h187.96+0.091%$517K$2.6M10xas long as short
Arcus SKHY-USDshort+0.0040%1h187.90+0.059%$58K$164K10x
Vest SKHY-USD-PERP+0.0046%1h188.10+0.165%$22K10xas long as short
SoDEX SKHY-USD+0.0050%1h187.85+0.032%$41K$13K10xas long as short
KuCoin SKHYUSDTM+0.0100%8h187.88+0.048%$1.1M$327K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h187.92+0.069%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h187.85+0.032%$2.1M$419K50xas long as short
Phoenix SKHY+0.0254%1h188.28+0.261%$211K$115K10xas long as short