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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0783%/8h= −85.7% APRnext payment $0.98 per $10,000 · paid last 24h −0.189%
Price spread now: Nado against Kraken Futures−0.030%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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and Nado is 0.030% cheaper against Kraken Futures than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKraken Futures PF_SKHYUSD193.500.0707pay 0.0088% / 1h47m 21s$51K$25K20x
ShortNado SKHY-PERP193.45−0.0076pay 0.0009% / 1h47m 21s$29K$2K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$164.44
Price spread: −0.030% → 0.000%
−$2.96
Slippage, 4 orders
no order book: not counted
Fee Kraken Futures: 5 bp × 2 orders
−$10
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$184.41
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: Kraken Futures: no order-book sample; Nado: no order-book sample. 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 Nado no order-book sample
Kraken Futures and Nado: 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 SKHYUSDC−0.0833%4h192.72−0.404%$581K$290K10xas long as short
Nado SKHY-PERPshort−0.0076%1h193.45−0.030%$29K$2K10x
Aster SKHYUSDT0.0000%8h193.07−0.226%$256K$906K50xas long as short
Extended SKHY-USD0.0000%1h193.37−0.069%$56K$6K10xas long as short
Binance SKHYUSDT0.0000%8h193.41−0.049%$214.3M$384.5M50xas long as short
Bybit SKHYUSDT0.0000%8h193.53+0.013%$15.9M$27.5M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.55+0.024%$47.5M$66.5M50xas long as short
Gate SKHY_USDT0.0000%8h193.40−0.054%$26.4M$17.5M75xas long as short
Bitget SKHYUSDT0.0000%8h193.36−0.075%$25.8M$26.5M20xas long as short
Variational Omni SKHY0.0000%8h192.48−0.532%$1.6M$2.4Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.75+0.127%$709$7.0M10xas long as short
HTX SKHY-USDT0.0000%8h193.42−0.044%$160K$396K50xas long as short
Phemex SKHYUSDT0.0000%8h193.22−0.147%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0005%1h193.36−0.075%$1.2M$5.3M10xas long as short
Lighter SKHY+0.0032%1h193.33−0.090%$1.0M$620K10xas long as short
Lighter RH SKHY+0.0032%1h193.34−0.085%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h192.79−0.369%$57K$155K10xas long as short
KuCoin SKHYUSDTM+0.0043%8h193.23−0.142%$1.1M$276K20xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.37−0.069%$13K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.41−0.049%$198K$256K20xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h193.42−0.044%$536K$1.5M10xas long as short
Coinbase International SKHY-PERP-INTX+0.0088%1h190.51−1.547%$171K$682K10xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.35−0.080%$2K$4K10xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0112%1h193.50−0.002%$46K$259K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.42−0.044%$2.3M$429K50xas long as short
GRVT SKHY_USDT_Perp+0.0282%8h192.80−0.365%$23K$202K10xas long as short
Phoenix SKHY+0.0335%1h192.35−0.597%$217K$120K10xas long as short
Polymarket Perps SKHY-USD+0.0453%1h193.36−0.075%$196K$412K10xas long as short
tradeXYZ xyz:SKHY+0.0577%1h193.40−0.054%$167.1M$65.0M10xas long as short
Kraken Futures PF_SKHYUSDlong+0.0707%1h193.50long leg$51K$25K20x
SoDEX SKHY-USD+0.1191%1h193.31−0.101%$43K$13K10xas long as short