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−0.0093%/8h= −10.2% APRnext payment $0.93 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Bitget+0.062%7-day average +0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$310.310% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.195%+$20 on $10k
Price spread, last 3 days (all we have)−0.066%−$7 · spread now +0.062%, 7d avg +0.003%
Together, before fees+0.129%+$13 on $10k · with fees, hour by hour
The price spread pays, funding is against you. BloFin is 0.059% dearer against Bitget than usual: you sell high and buy low (spread +0.062% now, against its 7-day average of +0.003%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days. Mind the row above: over the last 7 days funding on this pair paid +0.195%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SKHYUSDT193.240.0213pay 0.0213% / 8h7h 23m$25.7M$26.5M20x
ShortBloFin SKHY-USDT193.360.0120get 0.0120% / 8h7h 23m$2.2M$446K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bitget. 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
−$19.53
Price spread: +0.062% → +0.003%
$5.86
Slippage, 4 orders
−$7
Fee Bitget: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$44.67
Costs to cover
0.310%
Break-even
never at this rate
Slippage from Bitget: live order book, 1 min ago; BloFin: live order book, 5 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 Bitget live order book, 1 min ago0.78 bp8.7 bp −$913.7 bp −$13722.3 bp −$2,23238.3 bp −$19.2K
Sell BloFin live order book, 5 min ago0.52 bp7.2 bp −$78.5 bp −$8521.1 bp −$2,112doesn'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−0.0274%4h193.27+0.017%$583K$289K10xas long as short
Nado SKHY-PERP−0.0002%1h193.23−0.005%$29K$2K10xas long as short
Aster SKHYUSDT0.0000%8h193.00−0.123%$248K$921K50xas long as short
Extended SKHY-USD0.0000%1h193.21−0.017%$56K$6K10xas long as short
Binance SKHYUSDT0.0000%8h193.25+0.005%$212.1M$382.9M50xas long as short
Bybit SKHYUSDT0.0000%8h193.30+0.031%$15.7M$27.1M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.29+0.026%$47.0M$67.8M50xas long as short
Gate SKHY_USDT0.0000%8h193.19−0.026%$25.9M$18.4M75xas long as short
Variational Omni SKHY0.0000%8h193.27+0.017%$1.6M$2.3Mas long as short
SunX SKHY-USDT0.0000%8h193.56+0.166%$708$6.8M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SKHY_USDC-PERPETUAL0.0000%1h193.26+0.010%$47K$268K10xas long as short
HTX SKHY-USDT0.0000%8h193.17−0.036%$160K$386K50xas long as short
Phemex SKHYUSDT0.0000%8h193.23−0.005%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0005%1h193.17−0.036%$1.2M$4.9M10xas long as short
Lighter SKHY+0.0032%1h193.240.000%$1.0M$677K10xas long as short
Lighter RH SKHY+0.0032%1h193.23−0.005%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h193.12−0.062%$57K$153K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.19−0.026%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.22−0.010%$197K$256K20xas long as short
Polymarket Perps SKHY-USD+0.0050%1h193.15−0.047%$190K$454K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h193.26+0.010%$555K$1.7M10xas long as short
tradeXYZ xyz:SKHY+0.0064%1h193.17−0.036%$164.9M$65.0M10xas long as short
Coinbase International SKHY-PERP-INTX+0.0088%1h192.17−0.554%$117K$795K10xas long as short
SoDEX SKHY-USD+0.0091%1h193.26+0.010%$43K$13K10xas long as short
KuCoin SKHYUSDTM+0.0100%8h193.10−0.072%$1.1M$277K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.27+0.016%$2K$4K10xas long as short
BloFin SKHY-USDTshort+0.0120%8h193.36+0.062%$2.2M$446K50x
Bitget SKHYUSDTlong+0.0213%8h193.24long leg$25.7M$26.5M20x
Phoenix SKHY+0.0335%1h193.33+0.047%$218K$120K10xas long as short
GRVT SKHY_USDT_Perp+0.0554%8h193.28+0.020%$23K$195K10xas long as short
Kraken Futures PF_SKHYUSD+0.0708%1h193.34+0.052%$51K$22K20xas long as short