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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.1014%/8h= +111.0% APRpaid last 24h +0.141%
Price spread now: BloFin against edgeX−0.015%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$250.246% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.356%−$36 on $10k
Price spread, last 4 days (all we have)−0.029%−$3 · spread now −0.015%, 7d avg +0.018%
Together, before fees−0.385%+ Points / potential airdropedgeX: Active · farm board−$38 on $10k · with fees, hour by hour
Funding pays, the price is against you. BloFin is 0.033% cheaper against edgeX than usual: you would sell low and buy high (spread −0.015% now, against its 7-day average of +0.018%). If the spread goes back, that is −$3 on $10k: about 3 hours of funding at the current rate (+$30 a day). Mind the row above: over the last 7 days funding on this pair cost −0.356%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.356% in total (about -18.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SKHYUSDC192.62−0.0894get 0.0447% / 4h1h 24m$581K$289K10x
ShortBloFin SKHY-USDT192.590.0120get 0.0120% / 8h5h 24m$2.2M$445K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against edgeX. 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
$212.89
Price spread: −0.015% → +0.018%
−$3.28
Slippage, 4 orders
−$3.61
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee BloFin: 6 bp × 2 orders
−$12
Net
$185
Costs to cover
0.246%
Break-even
0.9 days
Slippage from edgeX: live order book, 39 min ago; BloFin: live order book, 4 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 edgeX live order book, 39 min ago1.04 bp5.8 bp −$611.3 bp −$113doesn't fitdoesn't fit
Sell BloFin live order book, 4 min ago0.26 bp6.7 bp −$78.1 bp −$8114.9 bp −$1,487doesn'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 SKHYUSDClong−0.0894%4h192.62long leg$581K$289K10x
Coinbase International SKHY-PERP-INTX−0.0032%1h192.90+0.146%$45K$874K10xas long as short
Aster SKHYUSDT0.0000%8h192.70+0.040%$248K$890K50xas long as short
Extended SKHY-USD0.0000%1h192.63+0.006%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h192.70+0.042%$206.2M$389.9M50xas long as short
Bybit SKHYUSDT0.0000%8h192.71+0.048%$15.7M$27.3M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h192.75+0.068%$46.7M$69.3M50xas long as short
Gate SKHY_USDT0.0000%8h192.68+0.032%$25.8M$19.0M75xas long as short
Variational Omni SKHY0.0000%8h192.70+0.040%$1.6M$1.2Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h192.68+0.032%$23K$195K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h192.94+0.167%$706$6.4M10xas long as short
HTX SKHY-USDT0.0000%8h192.63+0.006%$160K$368K50xas long as short
Phemex SKHYUSDT0.0000%8h192.62+0.001%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0004%1h192.63+0.006%$1.2M$4.3M10xas long as short
Lighter SKHY+0.0032%1h192.55−0.035%$1.0M$688K10xas long as short
Lighter RH SKHY+0.0032%1h192.58−0.020%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h192.67+0.027%$57K$154K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h192.62+0.001%$11K10xas long as short
Popdex SKHYUSDT+0.0048%1h192.73+0.058%$199K$256K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h192.59−0.015%$161.1M$67.2M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h192.58−0.020%$188K$456K10xas long as short
SoDEX SKHY-USD+0.0050%1h192.63+0.006%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h192.59−0.015%$584K$2.2M10xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0062%1h192.60−0.009%$49K$295K10xas long as short
KuCoin SKHYUSDTM+0.0100%8h192.68+0.032%$1.1M$291K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h192.70+0.042%$2K$4K10xas long as short
BloFin SKHY-USDTshort+0.0120%8h192.59−0.015%$2.2M$445K50x
Bitget SKHYUSDT+0.0133%8h192.76+0.074%$25.4M$26.7M20xas long as short
Nado SKHY-PERP+0.0168%1h192.57−0.026%$38K$26K10xas long as short
Phoenix SKHY+0.0332%1h192.88+0.136%$216K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0547%1h192.76+0.076%$51K$17K20xas long as short