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−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.030%
Price spread now: GRVT against Orderly+0.079%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropGRVT: Active · farm boardneeds both histories
The price spread pays, funding is against you. GRVT is 0.079% dearer against Orderly than usual: you sell high and buy low (spread +0.079% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.6 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_SKHY_USDC_mythos192.920.0100pay 0.0100% / 8h4h 15m$2K$4K10x
ShortGRVT SKHY_USDT_Perp193.070get 0.0000% / 8h4h 15m$22K$204K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT against Orderly. 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
−$21
Price spread: +0.079% → 0.000%
$7.9
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$28.1
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; GRVT: live order book, 42 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell GRVT live order book, 42 min ago1.29 bp6.3 bp −$612.3 bp −$123doesn't fitdoesn't fit
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0625%4h193.04+0.064%$582K$292K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0048%1h192.84−0.041%$45K$861K10xas long as short
Aster SKHYUSDT0.0000%8h192.92−0.002%$249K$889K50xas long as short
Extended SKHY-USD0.0000%1h192.86−0.031%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h192.94+0.009%$203.8M$394.1M50xas long as short
Bybit SKHYUSDT0.0000%8h192.94+0.010%$15.7M$27.7M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h192.94+0.010%$46.7M$70.1M50xas long as short
Gate SKHY_USDT0.0000%8h192.85−0.036%$25.8M$18.9M75xas long as short
Variational Omni SKHY0.0000%8h192.91−0.005%$1.6M$1.1Mas long as short
GRVT SKHY_USDT_Perpshort0.0000%8h193.07+0.079%$22K$204K10x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.16+0.124%$707$6.2M10xas long as short
HTX SKHY-USDT0.0000%8h192.83−0.047%$161K$369K50xas long as short
Phemex SKHYUSDT0.0000%8h192.96+0.021%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0015%1h192.87−0.026%$1.2M$4.0M10xas long as short
Lighter SKHY+0.0032%1h192.82−0.052%$1.0M$688K10xas long as short
Lighter RH SKHY+0.0032%1h192.80−0.062%$1.1M$1.6M10xas long as short
Arcus SKHY-USD+0.0040%1h193.06+0.073%$60K$161K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h192.88−0.021%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h192.89−0.016%$202K$256K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h192.82−0.052%$161.2M$67.9M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h192.81−0.057%$188K$456K10xas long as short
SoDEX SKHY-USD+0.0050%1h192.88−0.021%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h192.90−0.010%$582K$2.4M10xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0061%1h192.920.000%$49K$321K10xas long as short
KuCoin SKHYUSDTM+0.0100%8h192.93+0.005%$1.1M$315K20xas long as short
Orderly PERP_SKHY_USDC_mythoslong+0.0100%8h192.92long leg$2K$4K10x
BloFin SKHY-USDT+0.0120%8h192.93+0.005%$2.3M$437K50xas long as short
Nado SKHY-PERP+0.0150%1h192.88−0.020%$38K$26K10xas long as short
Bitget SKHYUSDT+0.0152%8h192.94+0.010%$25.2M$26.9M20xas long as short
Phoenix SKHY+0.0372%1h193.37+0.233%$217K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.1059%1h192.94+0.011%$49K$19K20xas long as short