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+0.0076%/8h= +8.3% APRpaid last 24h +0.012%
Price spread now: Arcus against HTX+0.054%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$330.327% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.073%+$7 on $10k
Price spread, last 4 days (all we have)+0.175%+$17 · spread now +0.054%, 7d avg +0.007%
Together, before fees+0.248%+$25 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Arcus is 0.047% dearer against HTX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.007%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SKHY-USDT184.00−0.0035get 0.0035% / 8h7h 31m$153K$376K50x
ShortArcus SKHY-USD184.100.0040get 0.0005% / 1h31m 22s$59K$172K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against HTX. 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
$15.88
Price spread: +0.054% → +0.007%
$4.7
Slippage, 4 orders
−$16.2
Fee HTX: 6 bp × 2 orders
−$12
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$12.12
Costs to cover
0.327%
Break-even
12.3 days
Slippage from HTX: live order book, 2 min ago; Arcus: live order book, 2 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 HTX live order book, 2 min ago1.36 bp7.4 bp −$714.2 bp −$142doesn't fitdoesn't fit
Sell Arcus live order book, 2 min ago2.44 bp7.7 bp −$812.2 bp −$122doesn'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−0.1216%8h184.10+0.054%$25.4M$34.9M20xas long as short
edgeX SKHYUSDC−0.0543%4h184.33+0.178%$556K$291K10xas long as short
GRVT SKHY_USDT_Perp−0.0425%8h184.67+0.364%$22K$243K10xas long as short
KuCoin SKHYUSDTM−0.0240%8h184.15+0.082%$1.1M$368K20xas long as short
Bybit SKHYUSDT−0.0136%8h184.000.000%$16.2M$33.0M100xas long as short
tradeXYZ xyz:SKHY−0.0086%1h184.07+0.038%$156.0M$78.2M10xas long as short
Nado SKHY-PERP−0.0055%1h184.08+0.045%$32K$28K10xas long as short
Binance SKHYUSDT−0.0051%8h184.10+0.053%$195.9M$464.7M50xas long as short
Extended SKHY-USD−0.0048%1h184.04+0.020%$54K$7K10xas long as short
HTX SKHY-USDTlong−0.0035%8h184.00long leg$153K$376K50x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps SKHY-USD.P−0.0034%1h183.96−0.022%$510K$2.6M10xas long as short
QFEX SKHY-USD−0.0028%1h184.10+0.054%$1.2M$4.3M10xas long as short
Variational Omni SKHY−0.0004%8h184.69+0.377%$1.6M$1.0Mas long as short
Aster SKHYUSDT0.0000%8h184.13+0.069%$265K$951K50xas long as short
OKX SKHY-USDT-SWAP0.0000%8h184.02+0.011%$43.6M$81.8M50xas long as short
Gate SKHY_USDT0.0000%8h184.06+0.033%$25.6M$21.5M75xas long as short
SunX SKHY-USDT0.0000%8h184.31+0.168%$675$5.9M10xas long as short
Phemex SKHYUSDT0.0000%8h184.09+0.049%$1.5M$1.1M10xas long as short
Coinbase International SKHY-PERP-INTX+0.0024%1h183.79−0.114%$66K$761K10xas long as short
Lighter SKHY+0.0032%1h183.98−0.011%$977K$1.3M10xas long as short
Lighter RH SKHY+0.0032%1h183.95−0.027%$1.1M$1.5M10xas long as short
Arcus SKHY-USDshort+0.0040%1h184.10+0.054%$59K$172K10x
Vest SKHY-USD-PERP+0.0046%1h184.05+0.027%$38K10xas long as short
Popdex SKHYUSDT+0.0048%1h184.19+0.103%$199K$290K20xas long as short
Polymarket Perps SKHY-USD+0.0050%1h184.11+0.060%$178K$451K10xas long as short
SoDEX SKHY-USD+0.0050%1h184.01+0.005%$41K$12K10xas long as short
BloFin SKHY-USDT+0.0080%8h184.30+0.163%$2.1M$438K50xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h184.14+0.076%$2K$4K10xas long as short
Kraken Futures PF_SKHYUSD+0.0172%1h184.13+0.071%$47K$20K20xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0185%1h184.09+0.049%$47K$353K10xas long as short
Phoenix SKHY+0.0215%1h184.47+0.255%$207K$123K10xas long as short