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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.008%
Price spread now: Deribit against GRVT+0.042%45s7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$410.406% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.026%−$3 on $10k
Price spread, last 3 days (all we have)−0.044%−$4 · spread now +0.042%, 7d avg +0.012%
Together, before fees−0.071%+ Points / potential airdropGRVT: Active · farm board−$7 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 0.030% dearer against GRVT than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.012%. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT SKHY_USDT_Perp193.120get 0.0000% / 8h5h 53m$23K$194K10x
ShortDeribit SKHY_USDC-PERPETUAL193.200get 0.0000% / 1h53m 30s$48K$282K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against GRVT. 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: +0.042% → +0.012%
$2.97
Slippage, 4 orders
−$24.58
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$37.62
Costs to cover
0.406%
Break-even
never at this rate
Slippage from GRVT: live order book, 9 min ago; Deribit: live order book, 10 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 GRVT live order book, 9 min ago1.30 bp5.8 bp −$610.4 bp −$104doesn't fitdoesn't fit
Sell Deribit live order book, 10 min ago5.96 bp17.1 bp −$1720.2 bp −$202doesn't fitdoesn't fit

SKHY on 30 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−0.0535%4h193.07−0.027%$582K$290K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0032%1h192.90−0.114%$45K$874K10xas long as short
Aster SKHYUSDT0.0000%8h193.08−0.020%$248K$890K50xas long as short
Extended SKHY-USD0.0000%1h193.02−0.053%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.07−0.026%$208.5M$385.4M50xas long as short
Bybit SKHYUSDT0.0000%8h193.09−0.015%$15.7M$27.3M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.10−0.010%$46.9M$69.3M50xas long as short
Gate SKHY_USDT0.0000%8h193.02−0.052%$25.8M$18.8M75xas long as short
Variational Omni SKHY0.0000%8h192.98−0.071%$1.6M$1.4Mas long as short
GRVT SKHY_USDT_Perplong0.0000%8h193.12long leg$23K$194K10x
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.46+0.176%$708$6.4M10xas long as short
Deribit SKHY_USDC-PERPETUALshort0.0000%1h193.20+0.042%$48K$282K10x
HTX SKHY-USDT0.0000%8h193.05−0.036%$160K$368K50xas long as short
Phemex SKHYUSDT0.0000%8h193.15+0.016%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0004%1h193.02−0.052%$1.2M$4.3M10xas long as short
Lighter SKHY+0.0032%1h192.98−0.072%$1.0M$684K10xas long as short
Lighter RH SKHY+0.0032%1h192.98−0.072%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h193.02−0.052%$57K$154K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.17+0.026%$11K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.07−0.026%$198K$255K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h193.01−0.057%$162.2M$66.3M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h193.10−0.010%$189K$456K10xas long as short
SoDEX SKHY-USD+0.0050%1h193.13+0.005%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h193.01−0.057%$569K$2.1M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h193.05−0.036%$1.1M$290K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.18+0.031%$2K$4K10xas long as short
Nado SKHY-PERP+0.0123%1h193.08−0.022%$38K$26K10xas long as short
Bitget SKHYUSDT+0.0210%8h193.03−0.046%$25.6M$26.4M20xas long as short
Phoenix SKHY+0.0331%1h193.18+0.031%$216K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0545%1h193.33+0.111%$51K$17K20xas long as short