Funding arb · Price arb /

SKHY

RWAall SKHY markets

Swap Backtest

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: Gate against Aster−0.184%7-day average −0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$39as in the Funding arb table

Net, price: spread back to 7d avg − costs−$57as in the Price arb table

costs, in and out, $10k−$410.411% of the position

Long on Aster Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 4 days (all we have)+0.180%+$18 · spread now −0.184%, 7d avg −0.024%

Together, before fees+0.198%+ Points / potential airdropAster: Stage 5 · farm board+$20 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: Gate is 0.160% cheaper against Aster than usual: you would sell low and buy high, −$16 on $10k if it goes back to its 7-day average of −0.024%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SKHYUSDT	187.06	0	get 0.0000% / 8h	1h 43m	$227K	$916K	50x
Short	Gate SKHY_USDT	186.72	0	get 0.0000% / 8h	1h 43m	$25.2M	$20.2M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against Aster. 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 AsterbpFee GatebpOrdersPrice spread, now −0.184%Rate

Funding earned: $0
Price spread: −0.184% → −0.024%: −$15.97
Slippage, 4 orders: −$18.14
Fee Aster: 4 bp × 2 orders: −$8
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$57.11
Costs to cover: 0.411%
Break-even: never at this rate

Slippage from Aster: live order book, 64 min ago; Gate: live order book, 5 min ago.

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 Aster live order book, 64 min ago	0.80 bp	7.7 bp −$8	10.5 bp −$105	doesn't fit	doesn't fit
Sell Gate live order book, 5 min ago	1.60 bp	13.4 bp −$13	32.1 bp −$321	53.8 bp −$5,379	87.3 bp −$43.6K

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	−0.1096%	8h	187.06	−0.002%	$25.0M	$31.6M	20x	as long as short
edgeX SKHYUSDC	−0.0876%	4h	187.12	+0.033%	$564K	$292K	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	−0.0552%	1h	186.77	−0.157%	$48K	$339K	10x	as long as short
tradeXYZ xyz:SKHY	−0.0184%	1h	186.80	−0.141%	$158.5M	$74.3M	10x	as long as short
Nado SKHY-PERP	−0.0176%	1h	187.14	+0.041%	$33K	$28K	10x	as long as short
Polymarket Perps SKHY-USD	−0.0160%	1h	186.89	−0.093%	$181K	$487K	10x	as long as short
Lighter SKHY	−0.0152%	1h	186.73	−0.178%	$964K	$1.1M	10x	as long as short
Kraken Futures PF_SKHYUSD	−0.0139%	1h	186.99	−0.038%	$47K	$19K	20x	as long as short
Popdex SKHYUSDT	−0.0128%	1h	186.97	−0.050%	$197K	$274K	20x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0104%	1h	187.75	+0.367%	$63K	$902K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SKHY-USD	−0.0049%	1h	186.98	−0.045%	$1.2M	$4.1M	10x	as long as short
Ondo Perps SKHY-USD.P	−0.0034%	1h	186.96	−0.055%	$516K	$2.6M	10x	as long as short
Aster SKHYUSDTlong	0.0000%	8h	187.06	long leg	$227K	$916K	50x
Extended SKHY-USD	0.0000%	1h	186.76	−0.160%	$55K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	186.79	−0.147%	$199.5M	$437.6M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	186.82	−0.130%	$15.8M	$29.5M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	186.76	−0.162%	$44.6M	$77.6M	50x	as long as short
Gate SKHY_USDTshort	0.0000%	8h	186.72	−0.184%	$25.2M	$20.2M	75x
Variational Omni SKHY	0.0000%	8h	186.90	−0.086%	$1.6M	$1.0M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	187.13	+0.035%	$22K	$228K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	187.05	−0.007%	$685	$6.1M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	186.70	−0.194%	$155K	$367K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	186.82	−0.130%	$1.5M	$1.1M	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	186.80	−0.141%	$1.1M	$1.6M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	187.10	+0.019%	$58K	$165K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	187.09	+0.014%	—	$24K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	186.79	−0.146%	$41K	$13K	10x	as long as short
KuCoin SKHYUSDTM	+0.0100%	8h	187.02	−0.023%	$1.1M	$327K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	186.95	−0.061%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	186.97	−0.050%	$2.2M	$419K	50x	as long as short
Phoenix SKHY	+0.0213%	1h	187.81	+0.399%	$210K	$115K	10x	as long as short