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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0088%/8h= +9.6% APRpaid last 24h +0.021%
Price spread now: Coinbase International against Gate−0.513%7-day average +0.132% · you buy dearer than you sell
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$118as in the Price arb table
costs, in and out, $10k−$530.534% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.091%−$9 on $10k
Price spread, last 3 days (all we have)+0.516%+$52 · spread now −0.513%, 7d avg +0.132%
Together, before fees+0.425%+$42 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 0.645% cheaper against Gate than usual: you would sell low and buy high (spread −0.513% now, against its 7-day average of +0.132%). If the spread goes back, that is −$64 on $10k: about 24 days of funding at the current rate (+$3 a day). Mind the row above: over the last 7 days funding on this pair cost −0.091%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SKHY_USDT193.160get 0.0000% / 8h7h 23m$25.9M$18.3M75x
ShortCoinbase International SKHY-PERP-INTX192.170.0088get 0.0011% / 1h23m 29s$117K$795K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Gate. 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
$18.48
Price spread: −0.513% → +0.132%
−$64.46
Slippage, 4 orders
−$28.38
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$99.36
Costs to cover
0.534%
Break-even
44.6 days
Slippage from Gate: live order book, 5 min ago; Coinbase International: live order book, 50 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 Gate live order book, 5 min ago1.04 bp11.5 bp −$1219.3 bp −$19327.3 bp −$2,72752.5 bp −$26.2K
Sell Coinbase International live order book, 50 min ago8.98 bp14.0 bp −$1416.3 bp −$163doesn'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−0.0274%4h193.27+0.059%$583K$289K10xas long as short
Nado SKHY-PERP−0.0002%1h193.23+0.036%$29K$2K10xas long as short
Aster SKHYUSDT0.0000%8h192.88−0.147%$248K$921K50xas long as short
Extended SKHY-USD0.0000%1h193.17+0.003%$56K$6K10xas long as short
Binance SKHYUSDT0.0000%8h193.24+0.041%$212.1M$382.9M50xas long as short
Bybit SKHYUSDT0.0000%8h193.27+0.057%$15.7M$27.1M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.27+0.057%$47.0M$67.8M50xas long as short
Gate SKHY_USDTlong0.0000%8h193.16long leg$25.9M$18.3M75x
Variational Omni SKHY0.0000%8h193.27+0.059%$1.6M$2.3Mas long as short
SunX SKHY-USDT0.0000%8h193.46+0.155%$708$6.8M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SKHY_USDC-PERPETUAL0.0000%1h193.160.000%$47K$268K10xas long as short
HTX SKHY-USDT0.0000%8h193.10−0.031%$160K$386K50xas long as short
Phemex SKHYUSDT0.0000%8h192.95−0.109%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0005%1h193.17+0.005%$1.2M$4.9M10xas long as short
Lighter SKHY+0.0032%1h193.05−0.057%$1.0M$674K10xas long as short
Lighter RH SKHY+0.0032%1h193.05−0.057%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h193.12−0.021%$57K$153K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.19+0.016%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.22+0.031%$197K$256K20xas long as short
Polymarket Perps SKHY-USD+0.0050%1h193.15−0.005%$190K$454K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h193.26+0.052%$555K$1.7M10xas long as short
tradeXYZ xyz:SKHY+0.0064%1h193.17+0.005%$164.9M$65.0M10xas long as short
Coinbase International SKHY-PERP-INTXshort+0.0088%1h192.17−0.513%$117K$795K10x
KuCoin SKHYUSDTM+0.0100%8h193.10−0.031%$1.1M$277K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.17+0.005%$2K$4K10xas long as short
SoDEX SKHY-USD+0.0110%1h193.03−0.067%$43K$13K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.29+0.067%$2.2M$446K50xas long as short
Bitget SKHYUSDT+0.0213%8h193.23+0.036%$25.7M$26.5M20xas long as short
Phoenix SKHY+0.0335%1h193.33+0.088%$218K$120K10xas long as short
GRVT SKHY_USDT_Perp+0.0554%8h193.28+0.061%$23K$195K10xas long as short
Kraken Futures PF_SKHYUSD+0.0708%1h193.22+0.034%$51K$22K20xas long as short