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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0001%/8h= −0.1% APRpaid last 24h +0.018%
Price spread now: KuCoin against QFEX−0.058%7-day average +0.008% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$78as in the Price arb table
costs, in and out, $10k−$710.711% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.064%+$6 on $10k
Price spread, last 7 days−0.003%$0 · spread now −0.058%, 7d avg +0.008%
Together, before fees+0.061%+$6 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: KuCoin is 0.066% cheaper against QFEX than usual: you would sell low and buy high, −$7 on $10k if it goes back to its 7-day average of +0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX SKHY-USD189.620.0000get 0.0000% / 1h35m 38s$1.2M$5.3M10x
ShortKuCoin SKHYUSDTM189.51−0.0001pay 0.0001% / 8h35m 38s$1.1M$287K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against QFEX. 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
−$0.11
Price spread: −0.058% → +0.008%
−$6.56
Slippage, 4 orders
−$49.07
Fee QFEX: 5 bp × 2 orders
−$10
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$77.75
Costs to cover
0.711%
Break-even
never at this rate
Slippage from QFEX: live order book, 3 min ago; KuCoin: 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 QFEX live order book, 3 min ago1.32 bp6.3 bp −$66.7 bp −$6717.6 bp −$1,757doesn't fit
Sell KuCoin live order book, 4 min ago3.96 bp21.9 bp −$22doesn't fitdoesn'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−0.0275%4h189.64+0.011%$572K$290K10xas long as short
Nado SKHY-PERP−0.0057%1h189.66+0.022%$28K$2K10xas long as short
KuCoin SKHYUSDTMshort−0.0001%8h189.51−0.058%$1.1M$287K20x
QFEX SKHY-USDlong0.0000%1h189.62long leg$1.2M$5.3M10x
Aster SKHYUSDT0.0000%8h189.43−0.098%$251K$903K50xas long as short
Extended SKHY-USD0.0000%1h189.56−0.033%$55K$4K10xas long as short
Binance SKHYUSDT0.0000%8h189.59−0.014%$212.3M$378.6M50xas long as short
Bybit SKHYUSDT0.0000%8h189.620.000%$15.6M$27.0M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h189.63+0.005%$47.1M$61.4M50xas long as short
Gate SKHY_USDT0.0000%8h189.57−0.026%$26.1M$17.8M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SKHYUSDT0.0000%8h189.64+0.011%$25.4M$25.6M20xas long as short
Variational Omni SKHY0.0000%8h189.67+0.028%$1.6M$2.6Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h189.68+0.032%$22K$210K10xas long as short
SunX SKHY-USDT0.0000%8h189.95+0.174%$695$7.2M10xas long as short
Deribit SKHY_USDC-PERPETUAL0.0000%1h189.66+0.021%$45K$238K10xas long as short
HTX SKHY-USDT0.0000%8h189.61−0.005%$155K$400K50xas long as short
Phemex SKHYUSDT0.0000%8h189.68+0.032%$1.5M$1.1M10xas long as short
Lighter SKHY+0.0032%1h189.54−0.042%$1.0M$688K10xas long as short
Lighter RH SKHY+0.0032%1h189.50−0.063%$1.1M$1.4M10xas long as short
Arcus SKHY-USD+0.0040%1h189.61−0.005%$56K$156K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h189.63+0.005%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h189.61−0.005%$203K$240K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h189.60−0.011%$164.9M$65.1M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h189.59−0.016%$186K$928K10xas long as short
SoDEX SKHY-USD+0.0050%1h189.620.000%$42K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h189.53−0.047%$570K$1.1M10xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h189.66+0.021%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h189.69+0.037%$2.3M$395K50xas long as short
Coinbase International SKHY-PERP-INTX+0.0128%1h189.84+0.116%$169K$683K10xas long as short
Phoenix SKHY+0.0380%1h189.83+0.111%$214K$128K10xas long as short
Kraken Futures PF_SKHYUSD+0.0950%1h189.81+0.099%$50K$24K20xas long as short