Funding arb · Price arb /

SKHY

RWAall SKHY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC−0.0081%/8h= −8.9% APRpaid last 24h +0.007%

Price spread now: tradeXYZ against Bitget−0.047%7-day average −0.044% · you buy dearer than you sell

Net, funding: paid 7d − costs−$43as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$350.349% of the position

Long on Bitget Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.086%−$9 on $10k

Price spread, last 7 days+0.031%+$3 · spread now −0.047%, 7d avg −0.044%

Together, before fees−0.055%+ Points / potential airdroptradeXYZ: Active · farm board−$5 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.044%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SKHYUSDT	192.80	0.0131	pay 0.0131% / 8h	5h 23m	$25.4M	$26.8M	20x
Short	tradeXYZ xyz:SKHY	192.71	0.0050	get 0.0006% / 1h	23m 15s	$161.2M	$67.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Position, each leg$Hold fordaysFee BitgetbpFee tradeXYZbpOrdersPrice spread, now −0.047%Rate

Funding earned: −$17.01
Price spread: −0.047% → −0.044%: −$0.28
Slippage, 4 orders: −$4.85
Fee Bitget: 6 bp × 2 orders: −$12
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$52.14
Costs to cover: 0.349%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; tradeXYZ: 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 Bitget live order book, 1 min ago	0.52 bp	6.9 bp −$7	14.7 bp −$147	24.6 bp −$2,461	43.9 bp −$21.9K
Sell tradeXYZ live order book, 5 min ago	0.78 bp	9.8 bp −$10	10.9 bp −$109	doesn't fit	doesn't fit

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
edgeX SKHYUSDC	−0.0383%	4h	192.65	−0.080%	$581K	$290K	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0032%	1h	192.90	+0.052%	$45K	$874K	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	192.74	−0.029%	$248K	$888K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	192.81	+0.003%	$56K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	192.84	+0.021%	$206.3M	$390.1M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	192.86	+0.031%	$15.7M	$27.3M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	192.87	+0.036%	$46.7M	$69.4M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	192.79	−0.005%	$25.8M	$19.0M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	192.70	−0.054%	$1.6M	$1.2M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	192.68	−0.062%	$23K	$195K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SKHY-USDT	0.0000%	8h	193.21	+0.213%	$707	$6.4M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	192.84	+0.021%	$160K	$368K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	192.89	+0.047%	$1.5M	$1.1M	10x	as long as short
QFEX SKHY-USD	+0.0004%	1h	192.71	−0.047%	$1.2M	$4.3M	10x	as long as short
Lighter SKHY	+0.0032%	1h	192.69	−0.057%	$1.0M	$688K	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	192.68	−0.062%	$1.1M	$1.5M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	192.69	−0.057%	$57K	$154K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	192.71	−0.047%	—	$11K	10x	as long as short
Popdex SKHYUSDT	+0.0048%	1h	192.84	+0.021%	$199K	$256K	20x	as long as short
tradeXYZ xyz:SKHYshort	+0.0050%	1h	192.71	−0.047%	$161.2M	$67.2M	10x
Polymarket Perps SKHY-USD	+0.0050%	1h	192.71	−0.047%	$188K	$456K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	192.78	−0.010%	$43K	$13K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	192.64	−0.083%	$584K	$2.2M	10x	as long as short
KuCoin SKHYUSDTM	+0.0100%	8h	192.71	−0.047%	$1.1M	$291K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	192.79	−0.005%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	192.59	−0.109%	$2.2M	$445K	50x	as long as short
Bitget SKHYUSDTlong	+0.0131%	8h	192.80	long leg	$25.4M	$26.8M	20x
Nado SKHY-PERP	+0.0168%	1h	192.75	−0.026%	$38K	$26K	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	+0.0321%	1h	192.89	+0.047%	$49K	$296K	10x	as long as short
Phoenix SKHY	+0.0332%	1h	192.82	+0.010%	$216K	$124K	10x	as long as short
Kraken Futures PF_SKHYUSD	+0.0546%	1h	192.95	+0.076%	$51K	$17K	20x	as long as short