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+0.1210%/8h= +132.5% APRnext payment +$12.10 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Bitget−0.170%7-day average −0.033% · 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−$49as in the Price arb table
costs, in and out, $10k−$360.355% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.036%−$4 on $10k
Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.170%, 7d avg −0.033%
Together, before fees+0.080%+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. HTX is 0.137% cheaper against Bitget than usual: you would sell low and buy high (spread −0.170% now, against its 7-day average of −0.033%). If the spread goes back, that is −$14 on $10k: about 9 hours of funding at the current rate (+$36 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.036% in total (about -1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$12.10 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SKHYUSDT187.82−0.1210get 0.1210% / 8h2h 09m$25.1M$31.3M20x
ShortHTX SKHY-USDT187.500get 0.0000% / 8h2h 09m$155K$371K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
$254.1
Price spread: −0.170% → −0.033%
−$13.7
Slippage, 4 orders
−$11.51
Fee Bitget: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
$204.88
Costs to cover
0.355%
Break-even
1.4 days
Slippage from Bitget: live order book, 4 min ago; HTX: live order book, 38 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, 4 min ago0.27 bp8.8 bp −$916.0 bp −$16022.9 bp −$2,29343.7 bp −$21.8K
Sell HTX live order book, 38 min ago2.92 bp8.9 bp −$910.7 bp −$107doesn'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
Bitget SKHYUSDTlong−0.1210%8h187.82long leg$25.1M$31.3M20x
edgeX SKHYUSDC−0.0332%4h187.06−0.405%$564K$290K10xas long as short
Deribit SKHY_USDC-PERPETUAL−0.0229%1h187.62−0.106%$48K$336K10xas long as short
Nado SKHY-PERP−0.0146%1h187.70−0.063%$33K$28K10xas long as short
tradeXYZ xyz:SKHY−0.0117%1h187.80−0.011%$159.4M$74.1M10xas long as short
Polymarket Perps SKHY-USD−0.0093%1h187.55−0.144%$181K$487K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0024%1h187.32−0.266%$61K$897K10xas long as short
QFEX SKHY-USD−0.0014%1h187.56−0.138%$1.2M$4.1M10xas long as short
Ondo Perps SKHY-USD.P−0.0010%1h187.65−0.091%$516K$2.6M10xas long as short
Lighter SKHY−0.0008%1h187.77−0.027%$930K$1.1M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SKHYUSDT0.0000%8h187.88+0.033%$229K$916K50xas long as short
Extended SKHY-USD0.0000%1h187.73−0.049%$55K$7K10xas long as short
Binance SKHYUSDT0.0000%8h187.83+0.005%$201.5M$433.7M50xas long as short
Bybit SKHYUSDT0.0000%8h187.89+0.037%$15.9M$30.2M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h187.87+0.027%$44.7M$77.4M50xas long as short
Gate SKHY_USDT0.0000%8h187.83+0.005%$25.3M$20.8M75xas long as short
Variational Omni SKHY0.0000%8h187.51−0.164%$1.6M$1.0Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h186.93−0.474%$22K$223K10xas long as short
SunX SKHY-USDT0.0000%8h187.85+0.016%$688$6.2M10xas long as short
HTX SKHY-USDTshort0.0000%8h187.50−0.170%$155K$371K50x
Phemex SKHYUSDT0.0000%8h187.66−0.085%$1.5M$1.1M10xas long as short
Lighter RH SKHY+0.0032%1h187.78−0.021%$1.1M$1.6M10xas long as short
Popdex SKHYUSDT+0.0032%1h187.62−0.106%$196K$273K20xas long as short
Arcus SKHY-USD+0.0040%1h187.27−0.293%$58K$164K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h187.66−0.085%$12K10xas long as short
SoDEX SKHY-USD+0.0050%1h187.52−0.160%$41K$13K10xas long as short
KuCoin SKHYUSDTM+0.0100%8h187.81−0.005%$1.1M$322K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h187.64−0.096%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h187.63−0.101%$2.1M$416K50xas long as short
Phoenix SKHY+0.0254%1h187.27−0.293%$210K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0261%1h187.68−0.073%$47K$19K20xas long as short