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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against OKX+0.150%7-day average −0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$13as in the Price arb table
costs, in and out, $10k−$300.304% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.024%−$2 on $10k
Price spread, last 4 days (all we have)−0.165%−$17 · spread now +0.150%, 7d avg −0.022%
Together, before fees−0.189%−$19 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: HTX is 0.172% dearer against OKX than usual: you sell high and buy low, +$17 on $10k if it goes back to its 7-day average of −0.022%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX SKHY-USDT-SWAP186.180get 0.0000% / 8h1h 39m$44.5M$77.3M50x
ShortHTX SKHY-USDT186.460get 0.0000% / 8h1h 39m$155K$367K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: +0.150% → −0.022%
$17.24
Slippage, 4 orders
−$8.35
Fee OKX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$13.11
Costs to cover
0.304%
Break-even
never at this rate
Slippage from OKX: live order book, 5 min ago; HTX: live order book, 4 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 bp6.2 bp −$67.7 bp −$7734.3 bp −$3,428doesn't fit
Sell HTX live order book, 4 min ago2.41 bp9.5 bp −$911.4 bp −$114doesn'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
Bitget SKHYUSDT−0.1160%8h186.65+0.252%$25.0M$31.7M20xas long as short
edgeX SKHYUSDC−0.0809%4h186.57+0.207%$562K$290K10xas long as short
Deribit SKHY_USDC-PERPETUAL−0.0608%1h186.34+0.086%$49K$341K10xas long as short
tradeXYZ xyz:SKHY−0.0192%1h186.20+0.011%$158.1M$74.2M10xas long as short
Nado SKHY-PERP−0.0190%1h186.70+0.277%$33K$28K10xas long as short
Polymarket Perps SKHY-USD−0.0180%1h186.35+0.091%$180K$487K10xas long as short
Popdex SKHYUSDT−0.0168%1h186.41+0.124%$196K$274K20xas long as short
Lighter SKHY−0.0144%1h186.30+0.064%$961K$1.1M10xas long as short
Kraken Futures PF_SKHYUSD−0.0139%1h186.45+0.144%$47K$19K20xas long as short
Coinbase International SKHY-PERP-INTX−0.0104%1h187.75+0.843%$63K$902K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX SKHY-USD−0.0049%1h186.43+0.134%$1.2M$4.1M10xas long as short
Ondo Perps SKHY-USD.P−0.0032%1h186.57+0.209%$514K$2.6M10xas long as short
Aster SKHYUSDT0.0000%8h186.53+0.190%$226K$916K50xas long as short
Extended SKHY-USD0.0000%1h186.27+0.051%$54K$7K10xas long as short
Binance SKHYUSDT0.0000%8h186.24+0.032%$198.9M$438.4M50xas long as short
Bybit SKHYUSDT0.0000%8h186.34+0.086%$15.8M$29.3M100xas long as short
OKX SKHY-USDT-SWAPlong0.0000%8h186.18long leg$44.5M$77.3M50x
Gate SKHY_USDT0.0000%8h186.21+0.016%$25.5M$20.4M75xas long as short
Variational Omni SKHY0.0000%8h186.53+0.189%$1.6M$1.0Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h186.59+0.221%$22K$228K10xas long as short
SunX SKHY-USDT0.0000%8h186.59+0.220%$683$6.1M10xas long as short
HTX SKHY-USDTshort0.0000%8h186.46+0.150%$155K$367K50x
Phemex SKHYUSDT0.0000%8h186.34+0.086%$1.5M$1.1M10xas long as short
Lighter RH SKHY+0.0032%1h186.28+0.054%$1.1M$1.6M10xas long as short
Arcus SKHY-USD+0.0040%1h186.65+0.252%$58K$165K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h186.59+0.220%$24K10xas long as short
SoDEX SKHY-USD+0.0050%1h186.33+0.081%$41K$13K10xas long as short
KuCoin SKHYUSDTM+0.0100%8h186.46+0.150%$1.1M$328K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h186.31+0.070%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h186.25+0.038%$2.2M$419K50xas long as short
Phoenix SKHY+0.0213%1h187.04+0.462%$210K$115K10xas long as short