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: HTX against Orderly−0.031%7-day average · you buy dearer than you sell
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 feesneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and HTX is 0.031% cheaper against Orderly than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_SKHY_USDC_mythos193.110.0100pay 0.0100% / 8h4h 36m$2K$4K10x
ShortHTX SKHY-USDT193.050get 0.0000% / 8h4h 36m$161K$367K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: −0.031% → 0.000%
−$3.11
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee HTX: 6 bp × 2 orders
−$12
Net
−$42.11
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; HTX: live order book, 22 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 HTX live order book, 22 min ago2.59 bp8.6 bp −$911.1 bp −$111doesn'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−0.0048%4h192.97−0.075%$582K$290K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0048%1h192.84−0.140%$45K$861K10xas long as short
Aster SKHYUSDT0.0000%8h193.11−0.002%$249K$889K50xas long as short
Extended SKHY-USD0.0000%1h193.06−0.025%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.13+0.010%$204.4M$392.7M50xas long as short
Bybit SKHYUSDT0.0000%8h193.13+0.010%$15.7M$27.5M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.10−0.005%$46.6M$69.9M50xas long as short
Gate SKHY_USDT0.0000%8h193.10−0.005%$25.8M$18.8M75xas long as short
Variational Omni SKHY0.0000%8h193.08−0.015%$1.6M$1.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h193.09−0.011%$22K$201K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.41+0.155%$708$6.3M10xas long as short
HTX SKHY-USDTshort0.0000%8h193.05−0.031%$161K$367K50x
Phemex SKHYUSDT0.0000%8h193.13+0.010%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0015%1h193.09−0.010%$1.2M$4.1M10xas long as short
Lighter SKHY+0.0032%1h192.99−0.062%$1.0M$686K10xas long as short
Lighter RH SKHY+0.0032%1h192.98−0.067%$1.1M$1.6M10xas long as short
Arcus SKHY-USD+0.0040%1h193.02−0.047%$57K$154K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.08−0.016%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.10−0.005%$201K$255K20xas long as short
tradeXYZ xyz:SKHY+0.0048%1h193.03−0.041%$161.5M$67.7M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h193.02−0.047%$189K$456K10xas long as short
SoDEX SKHY-USD+0.0050%1h193.05−0.031%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h193.03−0.041%$574K$2.3M10xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0061%1h193.15+0.021%$49K$316K10xas long as short
KuCoin SKHYUSDTM+0.0100%8h193.06−0.026%$1.1M$304K20xas long as short
Orderly PERP_SKHY_USDC_mythoslong+0.0100%8h193.11long leg$2K$4K10x
BloFin SKHY-USDT+0.0120%8h193.13+0.010%$2.2M$437K50xas long as short
Nado SKHY-PERP+0.0139%1h193.12+0.004%$38K$26K10xas long as short
Bitget SKHYUSDT+0.0159%8h193.15+0.021%$25.3M$26.9M20xas long as short
Phoenix SKHY+0.0372%1h193.09−0.010%$216K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.1058%1h193.18+0.036%$50K$18K20xas long as short