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% APRnext payment +$1.00 per $10,000 · paid last 24h +0.007%
Price spread now: KuCoin against Gate−0.011%7-day average +0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$104as in the Funding arb table
Net, price: spread back to 7d avg − costs−$100as in the Price arb table
costs, in and out, $10k−$990.988% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.047%−$5 on $10k
Price spread, last 7 days+0.030%+$3 · spread now −0.011%, 7d avg +0.003%
Together, before fees−0.017%−$2 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.003%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SKHY_USDT188.060get 0.0000% / 8h2h 05m$25.4M$20.9M75x
ShortKuCoin SKHYUSDTM188.040.0100get 0.0100% / 8h2h 05m$1.1M$323K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: −0.011% → +0.003%
−$1.33
Slippage, 4 orders
−$71.83
Fee Gate: 7.5 bp × 2 orders
−$15
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$79.16
Costs to cover
0.988%
Break-even
33.4 days
Slippage from Gate: live order book, 3 min ago; KuCoin: 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 Gate live order book, 3 min ago1.60 bp14.1 bp −$1426.0 bp −$26035.3 bp −$3,53057.9 bp −$29.0K
Sell KuCoin live order book, 5 min ago1.86 bp28.1 bp −$28doesn't fitdoesn'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−0.1147%8h188.14+0.043%$25.2M$31.4M20xas long as short
edgeX SKHYUSDC−0.0302%4h188.00−0.032%$567K$291K10xas long as short
Nado SKHY-PERP−0.0150%1h188.13+0.036%$33K$28K10xas long as short
tradeXYZ xyz:SKHY−0.0124%1h188.060.000%$159.6M$74.2M10xas long as short
Deribit SKHY_USDC-PERPETUAL−0.0122%1h188.060.000%$48K$336K10xas long as short
Polymarket Perps SKHY-USD−0.0099%1h187.96−0.053%$182K$487K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0024%1h187.32−0.393%$61K$897K10xas long as short
Lighter SKHY−0.0024%1h187.94−0.064%$931K$1.1M10xas long as short
QFEX SKHY-USD−0.0014%1h188.03−0.016%$1.2M$4.1M10xas long as short
Ondo Perps SKHY-USD.P−0.0008%1h188.07+0.005%$518K$2.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SKHYUSDT0.0000%8h188.04−0.013%$228K$916K50xas long as short
Extended SKHY-USD0.0000%1h187.98−0.044%$55K$7K10xas long as short
Binance SKHYUSDT0.0000%8h188.060.000%$201.6M$434.9M50xas long as short
Bybit SKHYUSDT0.0000%8h188.08+0.011%$15.9M$30.4M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h188.04−0.011%$44.8M$77.7M50xas long as short
Gate SKHY_USDTlong0.0000%8h188.06long leg$25.4M$20.9M75x
Variational Omni SKHY0.0000%8h188.08+0.012%$1.6M$1.0Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h188.13+0.037%$22K$224K10xas long as short
SunX SKHY-USDT0.0000%8h188.33+0.144%$689$6.2M10xas long as short
HTX SKHY-USDT0.0000%8h187.89−0.090%$156K$371K50xas long as short
Phemex SKHYUSDT0.0000%8h187.95−0.058%$1.5M$1.1M10xas long as short
Popdex SKHYUSDT+0.0016%1h188.05−0.005%$197K$273K20xas long as short
Lighter RH SKHY+0.0032%1h187.93−0.069%$1.1M$1.6M10xas long as short
Arcus SKHY-USD+0.0040%1h187.87−0.101%$58K$164K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h188.18+0.064%$22K10xas long as short
SoDEX SKHY-USD+0.0050%1h187.96−0.053%$42K$13K10xas long as short
KuCoin SKHYUSDTMshort+0.0100%8h188.04−0.011%$1.1M$323K20x
Orderly PERP_SKHY_USDC_mythos+0.0100%8h188.060.000%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h187.98−0.043%$2.1M$418K50xas long as short
Phoenix SKHY+0.0254%1h188.21+0.080%$211K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0260%1h188.07+0.004%$47K$19K20xas long as short