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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0001%/8h= +0.1% APRpaid last 24h −0.018%
Price spread now: QFEX against KuCoin+0.047%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$730.732% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.064%−$6 on $10k
Price spread, last 7 days+0.013%+$1 · spread now +0.047%, 7d avg −0.008%
Together, before fees−0.050%−$5 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: QFEX is 0.055% dearer against KuCoin than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SKHYUSDTM189.55−0.0001get 0.0001% / 8h36m 06s$1.1M$287K20x
ShortQFEX SKHY-USD189.640.0000pay 0.0000% / 1h36m 06s$1.2M$5.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$0.11
Price spread: +0.047% → −0.008%
$5.51
Slippage, 4 orders
−$51.18
Fee KuCoin: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$67.56
Costs to cover
0.732%
Break-even
4338.0 days
Slippage from KuCoin: live order book, 4 min ago; QFEX: live order book, 7 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 ago3.96 bp36.5 bp −$37doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 7 min ago2.37 bp7.4 bp −$77.5 bp −$7518.8 bp −$1,875doesn'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−0.0564%4h189.62+0.038%$572K$289K10xas long as short
Nado SKHY-PERP−0.0057%1h189.66+0.059%$28K$2K10xas long as short
KuCoin SKHYUSDTMlong−0.0001%8h189.55long leg$1.1M$287K20x
QFEX SKHY-USDshort0.0000%1h189.64+0.047%$1.2M$5.3M10x
Aster SKHYUSDT0.0000%8h189.49−0.033%$251K$903K50xas long as short
Extended SKHY-USD0.0000%1h189.62+0.036%$55K$4K10xas long as short
Binance SKHYUSDT0.0000%8h189.64+0.047%$212.3M$378.6M50xas long as short
Bybit SKHYUSDT0.0000%8h189.69+0.074%$15.6M$27.0M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h189.68+0.069%$47.1M$61.4M50xas long as short
Gate SKHY_USDT0.0000%8h189.63+0.042%$26.1M$17.8M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SKHYUSDT0.0000%8h189.67+0.063%$25.4M$25.6M20xas long as short
Variational Omni SKHY0.0000%8h189.67+0.065%$1.6M$2.6Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h189.68+0.069%$22K$210K10xas long as short
SunX SKHY-USDT0.0000%8h189.95+0.211%$695$7.2M10xas long as short
Deribit SKHY_USDC-PERPETUAL0.0000%1h189.66+0.058%$45K$238K10xas long as short
HTX SKHY-USDT0.0000%8h189.61+0.032%$155K$400K50xas long as short
Phemex SKHYUSDT0.0000%8h189.68+0.069%$1.5M$1.1M10xas long as short
Lighter SKHY+0.0032%1h189.59+0.021%$1.0M$688K10xas long as short
Lighter RH SKHY+0.0032%1h189.56+0.005%$1.1M$1.4M10xas long as short
Arcus SKHY-USD+0.0040%1h189.69+0.074%$56K$156K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h189.63+0.042%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h189.67+0.063%$203K$240K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h189.61+0.032%$164.9M$65.1M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h189.59+0.021%$186K$928K10xas long as short
SoDEX SKHY-USD+0.0050%1h189.62+0.037%$42K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h189.53−0.011%$570K$1.1M10xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h189.66+0.058%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h189.69+0.074%$2.3M$395K50xas long as short
Coinbase International SKHY-PERP-INTX+0.0128%1h189.84+0.153%$169K$683K10xas long as short
Phoenix SKHY+0.0380%1h189.83+0.148%$214K$128K10xas long as short
Kraken Futures PF_SKHYUSD+0.0950%1h189.81+0.136%$50K$24K20xas long as short