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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0291%/8h= +31.9% APRpaid last 24h +0.200%
Price spread now: Coinbase International against edgeX−0.910%77s7-day average +0.137% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$390.390% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.633%−$63 on $10k
Price spread, last 4 days (all we have)+1.023%+$102 · spread now −0.910%, 7d avg +0.137%
Together, before fees+0.390%+ Points / potential airdropedgeX: Active · farm board+$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 1.047% cheaper against edgeX than usual: you would sell low and buy high (spread −0.910% now, against its 7-day average of +0.137%). If the spread goes back, that is −$105 on $10k: about 12 days of funding at the current rate (+$9 a day). Mind the row above: over the last 7 days funding on this pair cost −0.633%, so the current rate has only just turned in your favour. The two prices were read 77 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SKHYUSDC187.79−0.0235get 0.0118% / 4h2h 01m$566K$287K10x
ShortCoinbase International SKHY-PERP-INTX186.080.0056get 0.0007% / 1h1m 44s$110K$772K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
$61.19
Price spread: −0.910% → +0.137%
−$104.74
Slippage, 4 orders
−$20
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$82.55
Costs to cover
0.390%
Break-even
16.4 days
Slippage from edgeX: live order book, 50 min ago; Coinbase International: live order book, 49 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, 50 min ago1.08 bp5.9 bp −$610.9 bp −$109doesn't fitdoesn't fit
Sell Coinbase International live order book, 49 min ago8.60 bp13.6 bp −$1421.4 bp −$214doesn't fitdoesn't fit

SKHY on 31 exchanges

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−0.0639%8h188.10+0.165%$26.0M$36.3M20xas long as short
Deribit SKHY_USDC-PERPETUAL−0.0494%1h187.97+0.096%$24K$441K10xas long as short
edgeX SKHYUSDClong−0.0235%4h187.79long leg$566K$287K10x
KuCoin SKHYUSDTM−0.0118%8h188.05+0.139%$1.1M$461K20xas long as short
Nado SKHY-PERP−0.0023%1h188.18+0.208%$33K$28K10xas long as short
QFEX SKHY-USD−0.0005%1h188.01+0.118%$1.2M$4.3M10xas long as short
tradeXYZ xyz:SKHY−0.0004%1h188.00+0.112%$158.7M$78.0M10xas long as short
Aster SKHYUSDT0.0000%8h188.11+0.169%$264K$912K50xas long as short
Extended SKHY-USD0.0000%1h187.99+0.107%$55K$7K10xas long as short
Binance SKHYUSDT0.0000%8h188.06+0.145%$198.6M$472.6M50xas long as short
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit SKHYUSDT0.0000%8h188.03+0.128%$16.3M$34.1M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h188.02+0.123%$44.6M$85.4M50xas long as short
Gate SKHY_USDT0.0000%8h187.97+0.096%$25.3M$22.0M75xas long as short
Variational Omni SKHY0.0000%8h187.79+0.001%$1.5M$1.0Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h187.58−0.111%$22K$245K10xas long as short
SunX SKHY-USDT0.0000%8h188.23+0.235%$689$5.5M10xas long as short
HTX SKHY-USDT0.0000%8h187.90+0.059%$156K$376K50xas long as short
Phemex SKHYUSDT0.0000%8h187.91+0.064%$1.5M$1.1M10xas long as short
Lighter SKHY+0.0032%1h188.03+0.128%$993K$1.4M10xas long as short
Lighter RH SKHY+0.0032%1h187.97+0.096%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h188.03+0.128%$60K$132K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h188.06+0.144%$39K10xas long as short
Popdex SKHYUSDT+0.0048%1h187.94+0.080%$202K$307K20xas long as short
Polymarket Perps SKHY-USD+0.0050%1h187.99+0.107%$182K$352K10xas long as short
SoDEX SKHY-USD+0.0050%1h187.91+0.064%$42K$12K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h187.84+0.027%$524K$2.5M10xas long as short
Coinbase International SKHY-PERP-INTXshort+0.0056%1h186.08−0.910%$110K$772K10x
Orderly PERP_SKHY_USDC_mythos+0.0100%8h187.95+0.086%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h188.16+0.197%$2.2M$460K50xas long as short
Phoenix SKHY+0.0257%1h188.05+0.139%$211K$123K10xas long as short
Kraken Futures PF_SKHYUSD+0.0750%1h187.90+0.058%$51K$36K20xas long as short