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−0.0049%/8h= −5.4% APRnext payment $0.06 per $10,000 · paid last 24h −0.025%
Price spread now: Nado against Deribit−0.109%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Nado is 0.109% cheaper against Deribit than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit SKHY_USDC-PERPETUAL192.780.0217pay 0.0027% / 1h24m 06s$49K$295K10x
ShortNado SKHY-PERP192.570.0168get 0.0021% / 1h24m 06s$38K$26K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Deribit. 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
−$10.34
Price spread: −0.109% → 0.000%
−$10.94
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$35.28
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Deribit: live order book, 39 min ago; Nado: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 39 min ago5.96 bp11.3 bp −$1113.8 bp −$138doesn't fitdoesn't fit
Sell Nado no order-book sample
Nado: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0894%4h192.62−0.084%$581K$289K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0032%1h192.90+0.062%$45K$874K10xas long as short
Aster SKHYUSDT0.0000%8h192.72−0.031%$248K$890K50xas long as short
Extended SKHY-USD0.0000%1h192.66−0.062%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h192.780.000%$206.3M$390.0M50xas long as short
Bybit SKHYUSDT0.0000%8h192.81+0.016%$15.7M$27.3M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h192.80+0.010%$46.7M$69.4M50xas long as short
Gate SKHY_USDT0.0000%8h192.74−0.021%$25.8M$19.0M75xas long as short
Variational Omni SKHY0.0000%8h192.70−0.044%$1.6M$1.2Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h192.68−0.052%$23K$195K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.07+0.150%$707$6.4M10xas long as short
HTX SKHY-USDT0.0000%8h192.70−0.041%$160K$368K50xas long as short
Phemex SKHYUSDT0.0000%8h192.75−0.016%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0004%1h192.63−0.078%$1.2M$4.3M10xas long as short
Lighter SKHY+0.0032%1h192.68−0.052%$1.0M$688K10xas long as short
Lighter RH SKHY+0.0032%1h192.69−0.047%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h192.67−0.057%$57K$154K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h192.62−0.083%$11K10xas long as short
Popdex SKHYUSDT+0.0048%1h192.73−0.026%$199K$256K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h192.69−0.047%$161.2M$67.2M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h192.58−0.104%$188K$456K10xas long as short
SoDEX SKHY-USD+0.0050%1h192.69−0.047%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h192.59−0.099%$584K$2.2M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h192.70−0.041%$1.1M$291K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h192.70−0.041%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h192.59−0.099%$2.2M$445K50xas long as short
Bitget SKHYUSDT+0.0133%8h192.79+0.005%$25.4M$26.8M20xas long as short
Nado SKHY-PERPshort+0.0168%1h192.57−0.109%$38K$26K10x
Deribit SKHY_USDC-PERPETUALlong+0.0217%1h192.78long leg$49K$295K10x
Phoenix SKHY+0.0332%1h192.88+0.052%$216K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0546%1h192.82+0.021%$51K$17K20xas long as short