Settings8H · net · $10k
Funding arb · Price arb /

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Bybit+0.021%7-day average −0.027% · you sell dearer than you buy
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−$400.396% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.029%−$3 on $10k
Price spread, last 7 days−0.070%−$7 · spread now +0.021%, 7d avg −0.027%
Together, before fees−0.099%−$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.049% dearer against Bybit than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.027%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SKHYUSDT186.200get 0.0000% / 8h6h 53m$15.8M$33.7M100x
ShortGate SKHY_USDT186.240get 0.0000% / 8h6h 53m$25.5M$21.3M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Bybit. 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
$0
Price spread: +0.021% → −0.027%
$4.86
Slippage, 4 orders
−$13.62
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$34.77
Costs to cover
0.396%
Break-even
never at this rate
Slippage from Bybit: live order book, 5 min ago; Gate: 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 Bybit live order book, 5 min ago0.27 bp7.8 bp −$813.3 bp −$13386.6 bp −$8,657doesn't fit
Sell Gate live order book, 5 min ago0.54 bp12.4 bp −$1224.8 bp −$24852.9 bp −$5,29089.1 bp −$44.6K

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 SKHYUSDT−0.0971%8h186.22+0.011%$25.6M$35.5M20xas long as short
edgeX SKHYUSDC−0.0196%4h186.52+0.172%$562K$289K10xas long as short
KuCoin SKHYUSDTM−0.0180%8h186.16−0.021%$1.1M$403K20xas long as short
QFEX SKHY-USD−0.0005%1h186.14−0.032%$1.2M$4.3M10xas long as short
Aster SKHYUSDT0.0000%8h186.33+0.068%$266K$909K50xas long as short
Extended SKHY-USD0.0000%1h186.23+0.019%$54K$7K10xas long as short
Binance SKHYUSDT0.0000%8h186.20+0.001%$197.1M$468.9M50xas long as short
Bybit SKHYUSDTlong0.0000%8h186.20long leg$15.8M$33.7M100x
OKX SKHY-USDT-SWAP0.0000%8h186.19−0.005%$44.2M$83.2M50xas long as short
Gate SKHY_USDTshort0.0000%8h186.24+0.021%$25.5M$21.3M75x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SKHY0.0000%8h186.51+0.166%$1.5M$1.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h186.66+0.247%$22K$249K10xas long as short
SunX SKHY-USDT0.0000%8h186.45+0.134%$682$5.7M10xas long as short
Deribit SKHY_USDC-PERPETUAL0.0000%1h186.14−0.032%$47K$355K10xas long as short
HTX SKHY-USDT0.0000%8h186.09−0.059%$154K$377K50xas long as short
Phemex SKHYUSDT0.0000%8h186.19−0.005%$1.5M$1.1M10xas long as short
Nado SKHY-PERP+0.0009%1h186.33+0.068%$32K$28K10xas long as short
Lighter SKHY+0.0032%1h186.21+0.005%$991K$1.3M10xas long as short
Lighter RH SKHY+0.0032%1h186.15−0.027%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h186.15−0.027%$59K$173K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h186.18−0.011%$39K10xas long as short
Popdex SKHYUSDT+0.0048%1h186.18−0.011%$201K$298K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h186.15−0.027%$157.6M$77.7M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h186.11−0.048%$180K$424K10xas long as short
SoDEX SKHY-USD+0.0050%1h186.17−0.016%$41K$12K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h185.99−0.113%$516K$2.6M10xas long as short
Coinbase International SKHY-PERP-INTX+0.0056%1h186.08−0.064%$110K$884K10xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h186.28+0.043%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h186.30+0.054%$2.1M$462K50xas long as short
Phoenix SKHY+0.0215%1h186.73+0.285%$209K$123K10xas long as short
Kraken Futures PF_SKHYUSD+0.0756%1h186.26+0.031%$48K$20K20xas long as short