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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.007%
Price spread now: OKX against KuCoin−0.110%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$90as in the Price arb table
costs, in and out, $10k−$760.765% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.071%+$7 on $10k
Price spread, last 7 days+0.145%+$15 · spread now −0.110%, 7d avg +0.022%
Together, before fees+0.216%+$22 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and OKX is 0.132% cheaper against KuCoin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.022%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.071%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SKHYUSDTM190.510.0100pay 0.0100% / 8h3h 41m$1.1M$321K20x
ShortOKX SKHY-USDT-SWAP190.300get 0.0000% / 8h3h 41m$45.5M$72.9M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against KuCoin. 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
−$21
Price spread: −0.110% → +0.022%
−$13.22
Slippage, 4 orders
−$54.47
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$110.69
Costs to cover
0.765%
Break-even
never at this rate
Slippage from KuCoin: live order book, 4 min ago; OKX: live order book, 3 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 KuCoin live order book, 4 min ago3.15 bp35.5 bp −$36doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 3 min ago0.26 bp6.4 bp −$68.4 bp −$8437.2 bp −$3,716doesn'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
edgeX SKHYUSDC−0.0981%4h190.66+0.080%$575K$290K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0104%1h192.84+1.223%$45K$861K10xas long as short
Aster SKHYUSDT0.0000%8h190.48−0.015%$247K$892K50xas long as short
Extended SKHY-USD0.0000%1h190.33−0.096%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h190.34−0.088%$200.0M$403.1M50xas long as short
Bybit SKHYUSDT0.0000%8h190.36−0.079%$15.4M$28.5M100xas long as short
OKX SKHY-USDT-SWAPshort0.0000%8h190.30−0.110%$45.5M$72.9M50x
Gate SKHY_USDT0.0000%8h190.46−0.026%$25.6M$19.4M75xas long as short
Bitget SKHYUSDT0.0000%8h190.71+0.105%$24.5M$28.3M20xas long as short
Variational Omni SKHY0.0000%8h190.79+0.148%$1.6M$1.1Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SKHY_USDT_Perp0.0000%8h190.68+0.088%$22K$211K10xas long as short
SunX SKHY-USDT0.0000%8h190.67+0.084%$698$6.2M10xas long as short
Deribit SKHY_USDC-PERPETUAL0.0000%1h190.39−0.063%$48K$326K10xas long as short
HTX SKHY-USDT0.0000%8h190.45−0.031%$159K$369K50xas long as short
Phemex SKHYUSDT0.0000%8h190.61+0.052%$1.5M$1.1M10xas long as short
tradeXYZ xyz:SKHY+0.0004%1h190.41−0.052%$159.2M$69.1M10xas long as short
QFEX SKHY-USD+0.0011%1h190.42−0.047%$1.2M$4.0M10xas long as short
Lighter SKHY+0.0032%1h190.25−0.136%$1.0M$691K10xas long as short
Lighter RH SKHY+0.0032%1h190.26−0.131%$1.1M$1.4M10xas long as short
Arcus SKHY-USD+0.0040%1h190.67+0.084%$59K$164K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h190.510.000%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h190.52+0.005%$200K$257K20xas long as short
Polymarket Perps SKHY-USD+0.0050%1h190.38−0.068%$182K$460K10xas long as short
SoDEX SKHY-USD+0.0050%1h190.36−0.079%$42K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h190.510.000%$563K$2.6M10xas long as short
KuCoin SKHYUSDTMlong+0.0100%8h190.51long leg$1.1M$321K20x
Orderly PERP_SKHY_USDC_mythos+0.0100%8h190.41−0.052%$2K$4K10xas long as short
Nado SKHY-PERP+0.0105%1h190.63+0.065%$34K$28K10xas long as short
BloFin SKHY-USDT+0.0120%8h190.36−0.079%$2.2M$435K50xas long as short
Phoenix SKHY+0.0375%1h190.77+0.136%$214K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0688%1h190.50−0.003%$48K$19K20xas long as short