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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.1421%/8h= −155.6% APRpaid last 24h −0.269%
Price spread now: edgeX against Kraken Futures−0.075%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.112%−$11 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$43 a day on $10k at the current rate, and edgeX is 0.075% cheaper against Kraken Futures than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.112% in total (about -5.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SKHYUSD193.340.0545pay 0.0068% / 1h1m 24s$51K$17K20x
ShortedgeX SKHYUSDC193.20−0.0876pay 0.0438% / 4h1h 01m$582K$291K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Kraken Futures. 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
−$298.39
Price spread: −0.075% → 0.000%
−$7.47
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$324.86
Costs to cover
0.190%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; edgeX: live order book, 62 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Kraken Futures no order-book sample
Sell edgeX live order book, 62 min ago1.04 bp5.9 bp −$611.2 bp −$112doesn't fitdoesn't fit
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 SKHYUSDCshort−0.0876%4h193.20−0.075%$582K$291K10x
Coinbase International SKHY-PERP-INTX−0.0032%1h192.90−0.230%$45K$874K10xas long as short
Aster SKHYUSDT0.0000%8h193.27−0.036%$249K$889K50xas long as short
Extended SKHY-USD0.0000%1h193.27−0.039%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.31−0.018%$205.1M$393.0M50xas long as short
Bybit SKHYUSDT0.0000%8h193.34−0.002%$15.8M$27.5M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.28−0.033%$46.7M$70.1M50xas long as short
Gate SKHY_USDT0.0000%8h193.26−0.044%$25.8M$19.2M75xas long as short
Variational Omni SKHY0.0000%8h193.16−0.097%$1.6M$1.2Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h193.24−0.054%$23K$199K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.55+0.106%$708$6.3M10xas long as short
HTX SKHY-USDT0.0000%8h193.05−0.152%$161K$368K50xas long as short
Phemex SKHYUSDT0.0000%8h193.27−0.039%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0004%1h193.24−0.054%$1.2M$4.3M10xas long as short
Lighter SKHY+0.0032%1h193.18−0.085%$1.0M$696K10xas long as short
Lighter RH SKHY+0.0032%1h193.17−0.090%$1.1M$1.6M10xas long as short
Arcus SKHY-USD+0.0040%1h193.17−0.090%$57K$154K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.26−0.044%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.32−0.013%$201K$257K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h193.22−0.064%$161.6M$67.6M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h193.22−0.064%$189K$456K10xas long as short
SoDEX SKHY-USD+0.0050%1h193.21−0.070%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h193.16−0.095%$575K$2.3M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h193.26−0.044%$1.1M$297K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.28−0.033%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.17−0.090%$2.3M$438K50xas long as short
Nado SKHY-PERP+0.0170%1h193.30−0.024%$38K$26K10xas long as short
Bitget SKHYUSDT+0.0197%8h193.32−0.013%$25.4M$26.9M20xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0216%1h193.27−0.039%$49K$306K10xas long as short
Phoenix SKHY+0.0332%1h193.40+0.029%$217K$124K10xas long as short
Kraken Futures PF_SKHYUSDlong+0.0545%1h193.34long leg$51K$17K20x