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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.016%
Price spread now: Deribit against Gate−0.078%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$65as in the Price arb table
costs, in and out, $10k−$530.532% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.010%−$1 on $10k
Price spread, last 3 days (all we have)+0.128%+$13 · spread now −0.078%, 7d avg +0.037%
Together, before fees+0.118%+$12 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Deribit is 0.115% cheaper against Gate than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.037%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SKHY_USDT192.420get 0.0000% / 8h7h 33m$25.9M$17.9M75x
ShortDeribit SKHY_USDC-PERPETUAL192.270get 0.0000% / 1h33m 07s$47K$265K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$0
Price spread: −0.078% → +0.037%
−$11.52
Slippage, 4 orders
−$31.15
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$64.67
Costs to cover
0.532%
Break-even
never at this rate
Slippage from Gate: live order book, 1 min ago; Deribit: live order book, 40 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 ago0.26 bp12.7 bp −$1321.9 bp −$21927.2 bp −$2,72053.9 bp −$26.9K
Sell Deribit live order book, 40 min ago10.29 bp15.4 bp −$1518.7 bp −$187doesn'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−0.0222%4h192.55+0.066%$580K$290K10xas long as short
Nado SKHY-PERP−0.0014%1h192.24−0.095%$29K$2K10xas long as short
Aster SKHYUSDT0.0000%8h192.17−0.129%$247K$921K50xas long as short
Extended SKHY-USD0.0000%1h192.08−0.174%$56K$6K10xas long as short
Binance SKHYUSDT0.0000%8h192.46+0.021%$212.3M$382.2M50xas long as short
Bybit SKHYUSDT0.0000%8h192.55+0.068%$15.6M$27.1M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h192.63+0.109%$47.0M$66.9M50xas long as short
Gate SKHY_USDTlong0.0000%8h192.42long leg$25.9M$17.9M75x
Variational Omni SKHY0.0000%8h192.66+0.122%$1.6M$2.3Mas long as short
SunX SKHY-USDT0.0000%8h192.58+0.083%$705$6.8M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SKHY_USDC-PERPETUALshort0.0000%1h192.27−0.078%$47K$265K10x
HTX SKHY-USDT0.0000%8h192.28−0.073%$159K$385K50xas long as short
Phemex SKHYUSDT0.0000%8h192.29−0.068%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0005%1h192.19−0.120%$1.2M$5.1M10xas long as short
Lighter SKHY+0.0032%1h192.20−0.114%$1.0M$653K10xas long as short
Lighter RH SKHY+0.0032%1h192.17−0.130%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h192.53+0.057%$57K$154K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h192.30−0.062%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h192.22−0.104%$196K$257K20xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h192.23−0.099%$567K$1.7M10xas long as short
Polymarket Perps SKHY-USD+0.0061%1h192.16−0.135%$189K$454K10xas long as short
KuCoin SKHYUSDTM+0.0085%8h192.20−0.114%$1.1M$276K20xas long as short
Coinbase International SKHY-PERP-INTX+0.0088%1h192.17−0.130%$117K$803K10xas long as short
Bitget SKHYUSDT+0.0094%8h192.35−0.036%$25.5M$26.4M20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h192.19−0.120%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h192.34−0.042%$2.2M$425K50xas long as short
tradeXYZ xyz:SKHY+0.0151%1h192.41−0.005%$165.4M$63.6M10xas long as short
SoDEX SKHY-USD+0.0153%1h192.26−0.083%$43K$13K10xas long as short
Phoenix SKHY+0.0335%1h192.93+0.265%$218K$120K10xas long as short
GRVT SKHY_USDT_Perp+0.0423%8h192.41−0.005%$22K$197K10xas long as short
Kraken Futures PF_SKHYUSD+0.0711%1h192.42+0.002%$51K$25K20xas long as short