Funding arb · Price arb /

SKHY

RWAall SKHY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0218%/8h= +23.9% APRpaid last 24h +0.022%

Price spread now: Orderly against tradeXYZ+0.011%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on tradeXYZ Short on Orderly

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 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdroptradeXYZ: Active · farm boardneeds both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$7 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	tradeXYZ xyz:SKHY	187.62	−0.0118	get 0.0015% / 1h	10m 27s	$159.2M	$74.2M	10x
Short	Orderly PERP_SKHY_USDC_mythos	187.64	0.0100	get 0.0100% / 8h	2h 10m	$2K	$4K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against tradeXYZ. 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

Position, each leg$Hold fordaysFee tradeXYZbpFee OrderlybpOrdersPrice spread, now +0.011%Rate

Funding earned: $45.88
Price spread: +0.011% → 0.000%: $1.07
Slippage, 4 orders: no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders: −$18
Fee Orderly: 3 bp × 2 orders: −$6
Net: $22.94
Costs to cover: 0.240%
Break-even: 3.5 days

Slippage unknown: tradeXYZ: live order book, 10 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy tradeXYZ live order book, 10 min ago	0.27 bp	9.8 bp −$10	10.8 bp −$108	doesn't fit	doesn't fit
Sell Orderly no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SKHYUSDT	−0.1210%	8h	187.74	+0.064%	$25.1M	$31.3M	20x	as long as short
Deribit SKHY_USDC-PERPETUAL	−0.0336%	1h	187.61	−0.005%	$48K	$336K	10x	as long as short
edgeX SKHYUSDC	−0.0332%	4h	187.06	−0.299%	$564K	$290K	10x	as long as short
Nado SKHY-PERP	−0.0146%	1h	187.70	+0.044%	$33K	$28K	10x	as long as short
tradeXYZ xyz:SKHYlong	−0.0118%	1h	187.62	long leg	$159.2M	$74.2M	10x
Polymarket Perps SKHY-USD	−0.0093%	1h	187.55	−0.037%	$181K	$487K	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0024%	1h	187.32	−0.160%	$61K	$897K	10x	as long as short
Lighter SKHY	−0.0016%	1h	187.55	−0.037%	$929K	$1.1M	10x	as long as short
QFEX SKHY-USD	−0.0014%	1h	187.56	−0.032%	$1.2M	$4.1M	10x	as long as short
Ondo Perps SKHY-USD.P	−0.0011%	1h	187.45	−0.091%	$516K	$2.6M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Aster SKHYUSDT	0.0000%	8h	187.69	+0.039%	$228K	$916K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	187.57	−0.027%	$55K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	187.58	−0.023%	$201.2M	$433.2M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	187.63	+0.005%	$15.9M	$30.2M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	187.60	−0.011%	$44.7M	$77.3M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	187.62	0.000%	$25.3M	$20.8M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	187.51	−0.057%	$1.6M	$1.0M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	186.93	−0.368%	$22K	$223K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	187.87	+0.133%	$688	$6.2M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	187.46	−0.085%	$155K	$371K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	187.60	−0.011%	$1.5M	$1.1M	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	187.52	−0.053%	$1.1M	$1.6M	10x	as long as short
Popdex SKHYUSDT	+0.0032%	1h	187.62	0.000%	$196K	$273K	20x	as long as short
Arcus SKHY-USD	+0.0040%	1h	187.27	−0.187%	$58K	$164K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	187.66	+0.021%	—	$12K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	187.37	−0.133%	$41K	$13K	10x	as long as short
KuCoin SKHYUSDTM	+0.0100%	8h	187.57	−0.027%	$1.1M	$322K	20x	as long as short
Orderly PERP_SKHY_USDC_mythosshort	+0.0100%	8h	187.64	+0.011%	$2K	$4K	10x
BloFin SKHY-USDT	+0.0120%	8h	187.63	+0.005%	$2.1M	$416K	50x	as long as short
Phoenix SKHY	+0.0254%	1h	187.27	−0.187%	$210K	$124K	10x	as long as short
Kraken Futures PF_SKHYUSD	+0.0261%	1h	187.67	+0.028%	$47K	$19K	20x	as long as short