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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.016%
Price spread now: GRVT against OKX+0.005%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$25as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$250.246% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.008%−$1 on $10k
Price spread, last 3 days (all we have)+0.178%+$18 · spread now +0.005%, 7d avg +0.028%
Together, before fees+0.170%+ Points / potential airdropGRVT: Active · farm board+$17 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: GRVT is 0.023% cheaper against OKX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.028%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SKHY-USDT-SWAP189.660get 0.0000% / 8h17m 22s$47.1M$61.3M50x
ShortGRVT SKHY_USDT_Perp189.670get 0.0000% / 8h17m 22s$22K$208K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$0
Price spread: +0.005% → +0.028%
−$2.29
Slippage, 4 orders
−$5.61
Fee OKX: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$26.9
Costs to cover
0.246%
Break-even
never at this rate
Slippage from OKX: live order book, 1 min ago; GRVT: live order book, 60 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, 1 min ago0.26 bp5.5 bp −$57.9 bp −$7932.4 bp −$3,240doesn't fit
Sell GRVT live order book, 60 min ago1.59 bp6.2 bp −$614.7 bp −$147doesn't fitdoesn'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−0.0826%4h189.63−0.016%$572K$290K10xas long as short
Nado SKHY-PERP−0.0042%1h189.65−0.005%$28K$2K10xas long as short
QFEX SKHY-USD0.0000%1h189.59−0.037%$1.2M$5.3M10xas long as short
Aster SKHYUSDT0.0000%8h189.65−0.005%$252K$903K50xas long as short
Extended SKHY-USD0.0000%1h189.60−0.031%$55K$4K10xas long as short
Binance SKHYUSDT0.0000%8h189.64−0.011%$212.1M$377.9M50xas long as short
Bybit SKHYUSDT0.0000%8h189.70+0.021%$15.7M$27.0M100xas long as short
OKX SKHY-USDT-SWAPlong0.0000%8h189.66long leg$47.1M$61.3M50x
Gate SKHY_USDT0.0000%8h189.62−0.021%$26.1M$17.8M75xas long as short
Bitget SKHYUSDT0.0000%8h189.67+0.005%$25.4M$25.7M20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SKHY0.0000%8h189.53−0.069%$1.6M$2.6Mas long as short
GRVT SKHY_USDT_Perpshort0.0000%8h189.67+0.005%$22K$208K10x
SunX SKHY-USDT0.0000%8h189.92+0.137%$695$7.2M10xas long as short
Deribit SKHY_USDC-PERPETUAL0.0000%1h189.67+0.005%$46K$256K10xas long as short
HTX SKHY-USDT0.0000%8h189.63−0.016%$155K$401K50xas long as short
Phemex SKHYUSDT0.0000%8h189.67+0.005%$1.5M$1.1M10xas long as short
KuCoin SKHYUSDTM+0.0012%8h189.55−0.058%$1.1M$283K20xas long as short
Lighter SKHY+0.0032%1h189.58−0.042%$1.0M$689K10xas long as short
Lighter RH SKHY+0.0032%1h189.56−0.053%$1.1M$1.4M10xas long as short
Arcus SKHY-USD+0.0040%1h189.67+0.005%$56K$155K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h189.60−0.032%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h189.65−0.005%$202K$241K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h189.61−0.026%$164.5M$65.2M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h189.58−0.042%$170K$952K10xas long as short
SoDEX SKHY-USD+0.0050%1h189.61−0.026%$42K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h189.52−0.074%$557K$1.2M10xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h189.65−0.005%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h189.70+0.021%$2.2M$415K50xas long as short
Coinbase International SKHY-PERP-INTX+0.0128%1h189.72+0.032%$169K$687K10xas long as short
Phoenix SKHY+0.0380%1h189.87+0.111%$214K$128K10xas long as short
Kraken Futures PF_SKHYUSD+0.0950%1h189.77+0.056%$50K$24K20xas long as short