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+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against OKX+0.021%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$250.247% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.207%+$21 on $10k
Price spread, last 4 days (all we have)+0.015%+$1 · spread now +0.021%, 7d avg +0.011%
Together, before fees+0.222%+$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SKHY-USDT-SWAP186.150get 0.0000% / 8h4m 38s$44.4M$80.1M50x
ShortBloFin SKHY-USDT186.190.0120get 0.0120% / 8h4m 38s$2.2M$426K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$25.2
Price spread: +0.021% → +0.011%
$1.09
Slippage, 4 orders
−$2.71
Fee OKX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$1.58
Costs to cover
0.247%
Break-even
6.6 days
Slippage from OKX: live order book, 4 min ago; BloFin: 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 OKX live order book, 4 min ago0.27 bp6.1 bp −$67.8 bp −$7848.0 bp −$4,804doesn't fit
Sell BloFin live order book, 3 min ago0.27 bp6.3 bp −$68.3 bp −$8315.3 bp −$1,53040.0 bp −$20.0K

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 SKHYUSDT−0.1247%8h186.40+0.134%$25.5M$33.5M20xas long as short
edgeX SKHYUSDC−0.0562%4h186.21+0.032%$561K$290K10xas long as short
Kraken Futures PF_SKHYUSD−0.0266%1h186.44+0.155%$48K$21K20xas long as short
tradeXYZ xyz:SKHY−0.0125%1h186.150.000%$158.0M$76.8M10xas long as short
Nado SKHY-PERP−0.0114%1h186.27+0.062%$33K$28K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0072%1h187.58+0.768%$68K$791K10xas long as short
QFEX SKHY-USD−0.0061%1h186.19+0.021%$1.2M$4.3M10xas long as short
KuCoin SKHYUSDTM−0.0059%8h186.16+0.005%$1.1M$351K20xas long as short
Polymarket Perps SKHY-USD−0.0037%1h186.17+0.011%$180K$486K10xas long as short
Aster SKHYUSDT0.0000%8h186.29+0.076%$225K$899K50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended SKHY-USD0.0000%1h186.11−0.019%$54K$7K10xas long as short
Binance SKHYUSDT0.0000%8h186.18+0.016%$199.7M$453.2M50xas long as short
Bybit SKHYUSDT0.0000%8h186.17+0.011%$16.0M$30.3M100xas long as short
OKX SKHY-USDT-SWAPlong0.0000%8h186.15long leg$44.4M$80.1M50x
Gate SKHY_USDT0.0000%8h186.14−0.005%$25.5M$21.2M75xas long as short
Variational Omni SKHY0.0000%8h186.18+0.016%$1.6M$1.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h186.23+0.041%$22K$239K10xas long as short
SunX SKHY-USDT0.0000%8h186.48+0.177%$683$6.0M10xas long as short
Deribit SKHY_USDC-PERPETUAL0.0000%1h186.28+0.070%$49K$348K10xas long as short
HTX SKHY-USDT0.0000%8h186.14−0.005%$154K$363K50xas long as short
Phemex SKHYUSDT0.0000%8h186.19+0.021%$1.5M$1.1M10xas long as short
Popdex SKHYUSDT+0.0008%1h186.18+0.016%$204K$287K20xas long as short
Lighter SKHY+0.0016%1h186.14−0.005%$972K$1.2M10xas long as short
Lighter RH SKHY+0.0032%1h186.10−0.027%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h186.16+0.005%$60K$171K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h186.19+0.021%$32K10xas long as short
SoDEX SKHY-USD+0.0050%1h186.20+0.027%$41K$12K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h186.21+0.032%$520K$2.6M10xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h186.26+0.059%$2K$4K10xas long as short
BloFin SKHY-USDTshort+0.0120%8h186.19+0.021%$2.2M$426K50x
Phoenix SKHY+0.0129%1h186.40+0.134%$209K$123K10xas long as short