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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0098%/8h= +10.7% APRnext payment +$0.12 per $10,000 · paid last 24h −0.005%
Price spread now: tradeXYZ against Coinbase International+0.150%7-day average −0.132% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$10as in the Price arb table
costs, in and out, $10k−$390.386% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.040%+$4 on $10k
Price spread, last 4 days (all we have)−0.209%−$21 · spread now +0.150%, 7d avg −0.132%
Together, before fees−0.168%+ Points / potential airdroptradeXYZ: Active · farm board−$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and tradeXYZ is 0.282% dearer against Coinbase International than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.132%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SKHY-PERP-INTX192.90−0.0048get 0.0006% / 1h59m 11s$45K$869K10x
ShorttradeXYZ xyz:SKHY193.190.0050get 0.0006% / 1h59m 11s$161.6M$67.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ against Coinbase International. 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
$20.58
Price spread: +0.150% → −0.132%
$28.22
Slippage, 4 orders
−$10.57
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
$10.24
Costs to cover
0.386%
Break-even
3.5 days
Slippage from Coinbase International: live order book, 64 min ago; tradeXYZ: live order book, 11 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 Coinbase International live order book, 64 min ago4.41 bp9.4 bp −$914.6 bp −$146doesn't fitdoesn't fit
Sell tradeXYZ live order book, 11 min ago0.26 bp9.3 bp −$910.5 bp −$105doesn'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−0.0844%4h193.28+0.196%$583K$292K10xas long as short
Coinbase International SKHY-PERP-INTXlong−0.0048%1h192.90long leg$45K$869K10x
Aster SKHYUSDT0.0000%8h193.25+0.179%$249K$889K50xas long as short
Extended SKHY-USD0.0000%1h193.24+0.176%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.29+0.204%$205.1M$392.5M50xas long as short
Bybit SKHYUSDT0.0000%8h193.31+0.213%$15.8M$27.5M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.29+0.202%$46.7M$70.0M50xas long as short
Gate SKHY_USDT0.0000%8h193.28+0.197%$25.8M$18.7M75xas long as short
Variational Omni SKHY0.0000%8h193.28+0.195%$1.6M$1.2Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h193.29+0.202%$23K$199K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.58+0.353%$709$6.3M10xas long as short
HTX SKHY-USDT0.0000%8h193.12+0.114%$161K$367K50xas long as short
Phemex SKHYUSDT0.0000%8h193.30+0.207%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0004%1h193.22+0.166%$1.2M$4.2M10xas long as short
Lighter SKHY+0.0032%1h193.20+0.156%$1.0M$684K10xas long as short
Lighter RH SKHY+0.0032%1h193.17+0.140%$1.1M$1.6M10xas long as short
Arcus SKHY-USD+0.0040%1h193.20+0.156%$57K$154K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.25+0.181%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.30+0.207%$201K$257K20xas long as short
tradeXYZ xyz:SKHYshort+0.0050%1h193.19+0.150%$161.6M$67.6M10x
Polymarket Perps SKHY-USD+0.0050%1h193.20+0.156%$189K$456K10xas long as short
SoDEX SKHY-USD+0.0050%1h193.25+0.181%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h193.26+0.187%$575K$2.3M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h193.23+0.171%$1.1M$298K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.30+0.207%$2K$4K10xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0112%1h193.30+0.207%$49K$307K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.31+0.213%$2.2M$438K50xas long as short
Nado SKHY-PERP+0.0151%1h193.25+0.184%$38K$26K10xas long as short
Bitget SKHYUSDT+0.0204%8h193.33+0.223%$25.4M$26.8M20xas long as short
Phoenix SKHY+0.0332%1h193.40+0.259%$217K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.1056%1h193.42+0.269%$51K$17K20xas long as short