Funding arb · Price arb /

SKHY

RWAall SKHY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0114%/8h= −12.4% APRpaid last 24h −0.023%

Price spread now: Nado against Binance+0.080%7-day average — · you sell dearer than you buy

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

Long on Binance Short on Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

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

The price spread pays, funding is against you. Nado is 0.080% dearer against Binance than usual: you sell high and buy low (spread +0.080% 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 2.4 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Binance SKHYUSDT	186.12	0	get 0.0000% / 8h	3m 53s	$199.6M	$453.3M	50x
Short	Nado SKHY-PERP	186.27	−0.0114	pay 0.0014% / 1h	3m 53s	$33K	$28K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against Binance. 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 BinancebpFee NadobpOrdersPrice spread, now +0.080%Rate

Funding earned: −$23.87
Price spread: +0.080% → 0.000%: $8.04
Slippage, 4 orders: no order book: not counted
Fee Binance: 5 bp × 2 orders: −$10
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$32.84
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Binance: live order book, 10 min ago; Nado: 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 Binance live order book, 10 min ago	0.27 bp	5.7 bp −$6	7.7 bp −$77	27.2 bp −$2,717	103.6 bp −$51.8K
Sell Nado no order-book sample	—	—	—	—	—

Nado: 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	−0.1247%	8h	186.36	+0.131%	$25.5M	$33.5M	20x	as long as short
edgeX SKHYUSDC	−0.0562%	4h	186.21	+0.050%	$561K	$290K	10x	as long as short
Kraken Futures PF_SKHYUSD	−0.0266%	1h	186.55	+0.233%	$48K	$21K	20x	as long as short
Deribit SKHY_USDC-PERPETUAL	−0.0179%	1h	186.21	+0.050%	$49K	$348K	10x	as long as short
tradeXYZ xyz:SKHY	−0.0126%	1h	186.12	+0.002%	$158.0M	$76.9M	10x	as long as short
Nado SKHY-PERPshort	−0.0114%	1h	186.27	+0.080%	$33K	$28K	10x
Coinbase International SKHY-PERP-INTX	−0.0072%	1h	187.58	+0.787%	$68K	$788K	10x	as long as short
KuCoin SKHYUSDTM	−0.0063%	8h	186.15	+0.018%	$1.1M	$351K	20x	as long as short
QFEX SKHY-USD	−0.0061%	1h	186.19	+0.040%	$1.2M	$4.3M	10x	as long as short
Polymarket Perps SKHY-USD	−0.0037%	1h	186.11	−0.003%	$180K	$486K	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	186.26	+0.077%	$225K	$899K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	186.08	−0.021%	$54K	$7K	10x	as long as short
Binance SKHYUSDTlong	0.0000%	8h	186.12	long leg	$199.6M	$453.3M	50x
Bybit SKHYUSDT	0.0000%	8h	186.10	−0.009%	$15.9M	$30.6M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	186.10	−0.009%	$44.4M	$80.1M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	186.09	−0.014%	$25.5M	$21.2M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	186.18	+0.034%	$1.6M	$1.1M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	186.23	+0.059%	$22K	$239K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	186.45	+0.179%	$682	$6.0M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	186.07	−0.025%	$154K	$363K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	186.16	+0.024%	$1.5M	$1.1M	10x	as long as short
Popdex SKHYUSDT	+0.0008%	1h	186.18	+0.034%	$204K	$287K	20x	as long as short
Lighter SKHY	+0.0016%	1h	186.20	+0.045%	$973K	$1.2M	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	186.17	+0.029%	$1.1M	$1.5M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	186.16	+0.024%	$60K	$171K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	186.19	+0.040%	—	$32K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	186.17	+0.029%	$41K	$12K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	186.21	+0.050%	$520K	$2.6M	10x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	186.21	+0.050%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	186.19	+0.040%	$2.2M	$426K	50x	as long as short
Phoenix SKHY	+0.0129%	1h	186.40	+0.153%	$209K	$123K	10x	as long as short