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+0.0219%/8h= +24.0% APRnext payment +$2.19 per $10,000 · paid last 24h −0.036%
Price spread now: Bitget against BloFin−0.078%825s7-day average −0.003% · you buy dearer than you sell
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$300.303% 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)+0.078%+$8 · spread now −0.078%, 7d avg −0.003%
Together, before fees−0.118%−$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bitget is 0.074% cheaper against BloFin than usual: you would sell low and buy high (spread −0.078% now, against its 7-day average of −0.003%). If the spread goes back, that is −$7 on $10k: about 27 hours of funding at the current rate (+$7 a day). Mind the row above: over the last 7 days funding on this pair cost −0.195%, so the current rate has only just turned in your favour. The two prices were read 825 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SKHY-USDT193.080.0120pay 0.0120% / 8h6h 35m$2.3M$445K50x
ShortBitget SKHYUSDT192.930.0339get 0.0339% / 8h6h 35m$25.5M$26.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
$45.99
Price spread: −0.078% → −0.003%
−$7.45
Slippage, 4 orders
−$6.27
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
$8.27
Costs to cover
0.303%
Break-even
5.7 days
Slippage from BloFin: live order book, 18 min ago; Bitget: live order book, 3 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, 18 min ago0.52 bp6.5 bp −$77.2 bp −$7215.4 bp −$1,539doesn't fit
Sell Bitget live order book, 3 min ago0.52 bp8.8 bp −$919.3 bp −$19326.4 bp −$2,64343.4 bp −$21.7K

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−0.0874%4h192.69−0.200%$581K$290K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0072%1h192.90−0.093%$45K$874K10xas long as short
Aster SKHYUSDT0.0000%8h192.84−0.122%$248K$890K50xas long as short
Extended SKHY-USD0.0000%1h192.81−0.142%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h192.86−0.114%$210.2M$385.4M50xas long as short
Bybit SKHYUSDT0.0000%8h192.88−0.104%$15.6M$27.2M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h192.93−0.078%$46.8M$69.1M50xas long as short
Gate SKHY_USDT0.0000%8h192.84−0.124%$25.8M$18.8M75xas long as short
Variational Omni SKHY0.0000%8h192.76−0.168%$1.6M$2.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h192.71−0.190%$22K$192K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.09+0.005%$707$6.6M10xas long as short
Deribit SKHY_USDC-PERPETUAL0.0000%1h192.78−0.155%$48K$270K10xas long as short
HTX SKHY-USDT0.0000%8h192.71−0.192%$160K$376K50xas long as short
Phemex SKHYUSDT0.0000%8h192.79−0.150%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0002%1h192.85−0.119%$1.2M$4.6M10xas long as short
Nado SKHY-PERP+0.0031%1h192.84−0.125%$42K$21K10xas long as short
Lighter SKHY+0.0032%1h192.70−0.197%$1.0M$684K10xas long as short
Lighter RH SKHY+0.0032%1h192.74−0.176%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h192.75−0.171%$57K$154K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h192.84−0.124%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h192.87−0.109%$197K$257K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h192.84−0.124%$163.1M$65.7M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h192.80−0.145%$188K$456K10xas long as short
SoDEX SKHY-USD+0.0050%1h192.68−0.207%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h192.62−0.238%$535K$1.8M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h192.81−0.140%$1.1M$280K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h192.85−0.119%$2K$4K10xas long as short
BloFin SKHY-USDTlong+0.0120%8h193.08long leg$2.3M$445K50x
Phoenix SKHY+0.0331%1h192.96−0.062%$216K$123K10xas long as short
Bitget SKHYUSDTshort+0.0339%8h192.93−0.078%$25.5M$26.3M20x
Kraken Futures PF_SKHYUSD+0.0707%1h192.83−0.129%$51K$17K20xas long as short