Funding arb · Price arb /

SKHY

RWAall SKHY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0534%/8h= −58.5% APRpaid last 24h 0.000%

Price spread now: Bitget against Extended+0.041%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.097%+$10 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropExtended: Active · farm boardneeds both histories

The price spread pays, funding is against you. Bitget is 0.041% dearer against Extended than usual: you sell high and buy low (spread +0.041% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 6 hours. Mind the row above: over the last 7 days funding on this pair paid +0.097%, so the current rate has only just turned against you.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.097% in total (about 5.0% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended SKHY-USD	188.80	0	get 0.0000% / 1h	45m 01s	$55K	$7K	10x
Short	Bitget SKHYUSDT	188.88	−0.0534	pay 0.0534% / 8h	2h 45m	$24.4M	$29.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee BitgetbpOrdersPrice spread, now +0.041%Rate

Funding earned: −$112.14
Price spread: +0.041% → 0.000%: $4.08
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$125.06
Costs to cover: 0.170%
Break-even: never at this rate

Slippage unknown: Extended: no order-book sample; Bitget: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended no order-book sample	—	—	—	—	—
Sell Bitget live order book, 4 min ago	1.06 bp	8.2 bp −$8	17.4 bp −$174	23.9 bp −$2,387	41.6 bp −$20.8K

Extended: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX SKHYUSDC	−0.0700%	4h	188.57	−0.122%	$568K	$292K	10x	as long as short
Bitget SKHYUSDTshort	−0.0534%	8h	188.88	+0.041%	$24.4M	$29.7M	20x
Nado SKHY-PERP	−0.0052%	1h	188.98	+0.093%	$33K	$28K	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0024%	1h	188.72	−0.044%	$46K	$882K	10x	as long as short
QFEX SKHY-USD	−0.0014%	1h	188.88	+0.041%	$1.2M	$4.1M	10x	as long as short
Lighter SKHY	−0.0008%	1h	188.70	−0.054%	$1.0M	$741K	10x	as long as short
tradeXYZ xyz:SKHY	−0.0005%	1h	188.74	−0.033%	$158.3M	$70.6M	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	188.81	+0.003%	$243K	$897K	50x	as long as short
Extended SKHY-USDlong	0.0000%	1h	188.80	long leg	$55K	$7K	10x
Binance SKHYUSDT	0.0000%	8h	188.73	−0.040%	$199.9M	$416.3M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SKHYUSDT	0.0000%	8h	188.75	−0.028%	$15.5M	$29.4M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	188.71	−0.049%	$44.9M	$74.3M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	188.68	−0.065%	$25.2M	$20.1M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	188.80	0.000%	$1.6M	$986K	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	188.82	+0.009%	$22K	$218K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	189.13	+0.173%	$692	$6.2M	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	0.0000%	1h	188.82	+0.009%	$48K	$334K	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	188.76	−0.023%	$156K	$368K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	188.74	−0.033%	$1.5M	$1.1M	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	188.70	−0.054%	$1.0M	$1.5M	10x	as long as short
Polymarket Perps SKHY-USD	+0.0034%	1h	188.78	−0.012%	$190K	$480K	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	188.82	+0.009%	$58K	$164K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	188.88	+0.041%	—	$12K	10x	as long as short
Popdex SKHYUSDT	+0.0048%	1h	188.94	+0.073%	$199K	$259K	20x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	188.76	−0.023%	$42K	$13K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	188.57	−0.123%	$525K	$2.6M	10x	as long as short
KuCoin SKHYUSDTM	+0.0100%	8h	188.84	+0.020%	$1.1M	$315K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	188.86	+0.030%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	188.74	−0.033%	$2.2M	$441K	50x	as long as short
Phoenix SKHY	+0.0254%	1h	189.30	+0.263%	$212K	$124K	10x	as long as short
Kraken Futures PF_SKHYUSD	+0.0259%	1h	188.82	+0.012%	$48K	$19K	20x	as long as short