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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.010%
Price spread now: Popdex against Gate−0.027%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$320.322% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.047%+$5 on $10k
Price spread, last 4 days (all we have)+0.060%+$6 · spread now −0.027%, 7d avg +0.024%
Together, before fees+0.107%+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Popdex is 0.051% cheaper against Gate than usual: you would sell low and buy high (spread −0.027% now, against its 7-day average of +0.024%). If the spread goes back, that is −$5 on $10k: about 3.5 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SKHY_USDT184.700get 0.0000% / 8h7h 22m$25.6M$21.7M75x
ShortPopdex SKHYUSDT184.650.0048get 0.0006% / 1h22m 05s$199K$295K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
$10.08
Price spread: −0.027% → +0.024%
−$5.07
Slippage, 4 orders
−$10.76
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$27.14
Costs to cover
0.322%
Break-even
25.8 days
Slippage from Gate: live order book, 2 min ago; Popdex: live order book, 12 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, 2 min ago1.36 bp10.5 bp −$1122.2 bp −$22231.4 bp −$3,13856.0 bp −$28.0K
Sell Popdex live order book, 12 min ago0.81 bp4.8 bp −$58.6 bp −$86doesn'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−0.1166%8h184.77+0.038%$25.4M$35.1M20xas long as short
edgeX SKHYUSDC−0.0875%4h184.07−0.343%$555K$290K10xas long as short
GRVT SKHY_USDT_Perp−0.0297%8h184.17−0.287%$22K$246K10xas long as short
KuCoin SKHYUSDTM−0.0249%8h184.52−0.097%$1.1M$374K20xas long as short
Binance SKHYUSDT−0.0058%8h184.66−0.020%$195.9M$465.2M50xas long as short
Extended SKHY-USD−0.0056%1h184.56−0.074%$53K$7K10xas long as short
tradeXYZ xyz:SKHY−0.0054%1h184.68−0.011%$156.5M$77.9M10xas long as short
Nado SKHY-PERP−0.0036%1h184.71+0.004%$32K$28K10xas long as short
Variational Omni SKHY−0.0033%8h184.02−0.369%$1.6M$1.0Mas long as short
QFEX SKHY-USD−0.0028%1h184.65−0.027%$1.2M$4.3M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SKHYUSDT−0.0024%8h184.69−0.005%$16.0M$33.3M100xas long as short
Aster SKHYUSDT0.0000%8h184.53−0.091%$265K$951K50xas long as short
OKX SKHY-USDT-SWAP0.0000%8h184.74+0.022%$43.7M$82.1M50xas long as short
Gate SKHY_USDTlong0.0000%8h184.70long leg$25.6M$21.7M75x
SunX SKHY-USDT0.0000%8h184.91+0.114%$677$5.9M10xas long as short
Deribit SKHY_USDC-PERPETUAL0.0000%1h184.68−0.011%$47K$354K10xas long as short
HTX SKHY-USDT0.0000%8h184.67−0.016%$153K$375K50xas long as short
Phemex SKHYUSDT0.0000%8h184.700.000%$1.5M$1.1M10xas long as short
Coinbase International SKHY-PERP-INTX+0.0024%1h183.79−0.493%$66K$756K10xas long as short
Ondo Perps SKHY-USD.P+0.0025%1h184.08−0.336%$511K$2.6M10xas long as short
Lighter SKHY+0.0032%1h184.66−0.022%$981K$1.3M10xas long as short
Lighter RH SKHY+0.0032%1h184.60−0.054%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h184.61−0.049%$59K$173K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h184.52−0.097%$38K10xas long as short
Popdex SKHYUSDTshort+0.0048%1h184.65−0.027%$199K$295K20x
Polymarket Perps SKHY-USD+0.0050%1h184.65−0.027%$178K$451K10xas long as short
SoDEX SKHY-USD+0.0050%1h184.50−0.108%$41K$12K10xas long as short
BloFin SKHY-USDT+0.0059%8h184.45−0.135%$2.1M$444K50xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h184.53−0.092%$2K$4K10xas long as short
Kraken Futures PF_SKHYUSD+0.0171%1h184.77+0.039%$47K$20K20xas long as short
Phoenix SKHY+0.0215%1h184.36−0.184%$207K$123K10xas long as short