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−0.1250%/8h= −136.9% APRnext payment $12.50 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against OKX+0.134%7-day average +0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costs−$16as in the Price arb table
costs, in and out, $10k−$290.289% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.012%+$1 on $10k
Price spread, last 7 days−0.145%−$14 · spread now +0.134%, 7d avg +0.005%
Together, before fees−0.133%−$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.129% dearer against OKX than usual: you sell high and buy low (spread +0.134% now, against its 7-day average of +0.005%): +$13 on $10k if it goes back. Holding the pair costs −$38 a day in funding at the current rate, which eats that in about 8 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.012% in total (about 0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about $12.50 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SKHY-USDT-SWAP186.440get 0.0000% / 8h18m 38s$44.6M$79.8M50x
ShortBitget SKHYUSDT186.69−0.1250pay 0.1250% / 8h18m 38s$25.6M$33.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against OKX. 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
−$262.5
Price spread: +0.134% → +0.005%
$12.9
Slippage, 4 orders
−$6.87
Fee OKX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$278.47
Costs to cover
0.289%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; Bitget: live order book, 5 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 OKX live order book, 5 min ago0.27 bp6.7 bp −$78.8 bp −$8836.1 bp −$3,613doesn't fit
Sell Bitget live order book, 5 min ago0.80 bp8.2 bp −$815.6 bp −$15627.2 bp −$2,71949.1 bp −$24.5K

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 SKHYUSDTshort−0.1250%8h186.69+0.134%$25.6M$33.3M20x
edgeX SKHYUSDC−0.0437%4h186.21−0.122%$561K$290K10xas long as short
Kraken Futures PF_SKHYUSD−0.0266%1h186.61+0.093%$48K$21K20xas long as short
tradeXYZ xyz:SKHY−0.0177%1h186.49+0.027%$158.4M$76.9M10xas long as short
Nado SKHY-PERP−0.0151%1h186.57+0.070%$33K$28K10xas long as short
Polymarket Perps SKHY-USD−0.0090%1h186.38−0.032%$180K$486K10xas long as short
Popdex SKHYUSDT−0.0072%1h186.48+0.021%$204K$287K20xas long as short
Coinbase International SKHY-PERP-INTX−0.0072%1h187.58+0.611%$68K$803K10xas long as short
QFEX SKHY-USD−0.0061%1h186.46+0.011%$1.2M$4.3M10xas long as short
KuCoin SKHYUSDTM−0.0054%8h186.440.000%$1.1M$338K20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter SKHY−0.0016%1h186.440.000%$974K$1.2M10xas long as short
Aster SKHYUSDT0.0000%8h186.54+0.053%$223K$899K50xas long as short
Extended SKHY-USD0.0000%1h186.47+0.015%$54K$7K10xas long as short
Binance SKHYUSDT0.0000%8h186.47+0.016%$200.2M$451.9M50xas long as short
Bybit SKHYUSDT0.0000%8h186.48+0.021%$16.6M$29.4M100xas long as short
OKX SKHY-USDT-SWAPlong0.0000%8h186.44long leg$44.6M$79.8M50x
Gate SKHY_USDT0.0000%8h186.51+0.038%$25.5M$21.1M75xas long as short
Variational Omni SKHY0.0000%8h186.36−0.042%$1.6M$1.0Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h186.41−0.016%$22K$236K10xas long as short
SunX SKHY-USDT0.0000%8h186.78+0.182%$684$6.1M10xas long as short
Deribit SKHY_USDC-PERPETUAL0.0000%1h186.56+0.064%$49K$347K10xas long as short
HTX SKHY-USDT0.0000%8h186.56+0.064%$155K$363K50xas long as short
Phemex SKHYUSDT0.0000%8h186.50+0.032%$1.5M$1.1M10xas long as short
Lighter RH SKHY+0.0032%1h186.41−0.016%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h186.41−0.016%$60K$171K10xas long as short
Ondo Perps SKHY-USD.P+0.0042%1h186.41−0.016%$520K$2.6M10xas long as short
Vest SKHY-USD-PERP+0.0046%1h186.440.000%$32K10xas long as short
SoDEX SKHY-USD+0.0050%1h186.46+0.011%$41K$12K10xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h186.54+0.054%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h186.52+0.043%$2.2M$427K50xas long as short
Phoenix SKHY+0.0129%1h186.63+0.102%$209K$123K10xas long as short