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−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Aster against BloFin−0.062%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$280.282% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.250%−$25 on $10k
Price spread, last 4 days (all we have)+0.083%+$8 · spread now −0.062%, 7d avg +0.001%
Together, before fees−0.167%+ Points / potential airdropAster: Stage 5 · farm board−$17 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Aster is 0.063% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.001%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SKHY-USDT190.360.0120pay 0.0120% / 8h3h 40m$2.2M$435K50x
ShortAster SKHYUSDT190.240get 0.0000% / 8h3h 40m$247K$893K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against BloFin. 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
−$25.2
Price spread: −0.062% → +0.001%
−$6.35
Slippage, 4 orders
−$8.2
Fee BloFin: 6 bp × 2 orders
−$12
Fee Aster: 4 bp × 2 orders
−$8
Net
−$59.75
Costs to cover
0.282%
Break-even
never at this rate
Slippage from BloFin: live order book, 2 min ago; Aster: live order book, 12 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 BloFin live order book, 2 min ago0.52 bp7.3 bp −$78.9 bp −$899.1 bp −$91214.6 bp −$7,310
Sell Aster live order book, 12 min ago0.78 bp6.3 bp −$655.4 bp −$554doesn'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
edgeX SKHYUSDC−0.0981%4h190.66+0.159%$575K$290K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0104%1h192.84+1.303%$45K$861K10xas long as short
Aster SKHYUSDTshort0.0000%8h190.24−0.062%$247K$893K50x
Extended SKHY-USD0.0000%1h190.16−0.103%$55K$7K10xas long as short
Binance SKHYUSDT0.0000%8h190.18−0.095%$199.8M$403.2M50xas long as short
Bybit SKHYUSDT0.0000%8h190.17−0.100%$15.4M$28.5M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h190.13−0.121%$45.4M$72.8M50xas long as short
Gate SKHY_USDT0.0000%8h190.22−0.074%$25.6M$19.4M75xas long as short
Bitget SKHYUSDT0.0000%8h190.46+0.053%$24.4M$28.3M20xas long as short
Variational Omni SKHY0.0000%8h190.47+0.059%$1.6M$1.1Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SKHY_USDT_Perp0.0000%8h190.68+0.167%$22K$211K10xas long as short
SunX SKHY-USDT0.0000%8h190.67+0.163%$698$6.2M10xas long as short
Deribit SKHY_USDC-PERPETUAL0.0000%1h190.39+0.016%$48K$326K10xas long as short
HTX SKHY-USDT0.0000%8h190.45+0.047%$159K$369K50xas long as short
Phemex SKHYUSDT0.0000%8h190.61+0.131%$1.5M$1.1M10xas long as short
tradeXYZ xyz:SKHY+0.0005%1h190.09−0.142%$158.9M$69.1M10xas long as short
QFEX SKHY-USD+0.0011%1h190.16−0.105%$1.2M$4.0M10xas long as short
Lighter SKHY+0.0032%1h190.10−0.137%$1.0M$691K10xas long as short
Lighter RH SKHY+0.0032%1h190.12−0.126%$1.1M$1.4M10xas long as short
Arcus SKHY-USD+0.0040%1h190.54+0.095%$59K$164K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h190.23−0.068%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h190.18−0.095%$200K$257K20xas long as short
Polymarket Perps SKHY-USD+0.0050%1h190.09−0.142%$183K$470K10xas long as short
SoDEX SKHY-USD+0.0050%1h190.360.000%$42K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h190.43+0.037%$563K$2.6M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h190.24−0.063%$1.1M$320K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h190.41+0.026%$2K$4K10xas long as short
Nado SKHY-PERP+0.0107%1h190.21−0.079%$34K$28K10xas long as short
BloFin SKHY-USDTlong+0.0120%8h190.36long leg$2.2M$435K50x
Phoenix SKHY+0.0375%1h190.77+0.215%$214K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0688%1h190.50+0.076%$48K$19K20xas long as short