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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0176%/8h= −19.3% APRpaid last 24h −0.014%
Price spread now: Deribit against HTX−0.016%7-day average +0.046% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$470.470% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.022%−$2 on $10k
Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.016%, 7d avg +0.046%
Together, before fees+0.046%+$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Deribit is 0.062% cheaper against HTX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.046%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SKHY-USDT187.720get 0.0000% / 8h5h 44m$155K$376K50x
ShortDeribit SKHY_USDC-PERPETUAL187.69−0.0176pay 0.0022% / 1h44m 45s$40K$473K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit against HTX. 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
−$36.97
Price spread: −0.016% → +0.046%
−$6.2
Slippage, 4 orders
−$27.99
Fee HTX: 6 bp × 2 orders
−$12
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$90.16
Costs to cover
0.470%
Break-even
never at this rate
Slippage from HTX: live order book, 1 min ago; Deribit: live order book, 2 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 HTX live order book, 1 min ago2.40 bp9.8 bp −$1013.4 bp −$134doesn't fitdoesn't fit
Sell Deribit live order book, 2 min ago5.59 bp9.6 bp −$1013.3 bp −$133doesn'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−0.0548%8h187.75+0.016%$26.1M$36.4M20xas long as short
edgeX SKHYUSDC−0.0437%4h188.02+0.160%$567K$287K10xas long as short
Kraken Futures PF_SKHYUSD−0.0267%1h187.32−0.212%$51K$37K20xas long as short
Deribit SKHY_USDC-PERPETUALshort−0.0176%1h187.69−0.016%$40K$473K10x
KuCoin SKHYUSDTM−0.0117%8h187.79+0.037%$1.1M$478K20xas long as short
Nado SKHY-PERP−0.0100%1h187.82+0.055%$32K$28K10xas long as short
tradeXYZ xyz:SKHY−0.0065%1h187.64−0.043%$158.5M$78.1M10xas long as short
Coinbase International SKHY-PERP-INTX−0.0040%1h187.65−0.037%$110K$768K10xas long as short
QFEX SKHY-USD−0.0013%1h187.74+0.011%$1.2M$4.3M10xas long as short
Aster SKHYUSDT0.0000%8h187.90+0.098%$264K$913K50xas long as short
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended SKHY-USD0.0000%1h187.65−0.040%$55K$7K10xas long as short
Binance SKHYUSDT0.0000%8h187.73+0.004%$198.1M$473.5M50xas long as short
Bybit SKHYUSDT0.0000%8h187.67−0.027%$16.4M$34.3M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h187.67−0.027%$44.5M$85.6M50xas long as short
Gate SKHY_USDT0.0000%8h187.63−0.048%$25.3M$21.7M75xas long as short
Variational Omni SKHY0.0000%8h187.84+0.062%$1.5M$1.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h188.11+0.208%$23K$247K10xas long as short
SunX SKHY-USDT0.0000%8h188.05+0.176%$688$5.5M10xas long as short
HTX SKHY-USDTlong0.0000%8h187.72long leg$155K$376K50x
Phemex SKHYUSDT0.0000%8h187.78+0.032%$1.5M$1.1M10xas long as short
Lighter SKHY+0.0032%1h187.59−0.069%$986K$1.3M10xas long as short
Lighter RH SKHY+0.0032%1h187.55−0.091%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h187.63−0.048%$60K$131K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h187.83+0.059%$39K10xas long as short
Popdex SKHYUSDT+0.0048%1h187.83+0.059%$203K$308K20xas long as short
Polymarket Perps SKHY-USD+0.0050%1h187.74+0.011%$182K$353K10xas long as short
SoDEX SKHY-USD+0.0050%1h187.78+0.032%$41K$12K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h187.59−0.069%$525K$2.5M10xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h187.78+0.032%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h187.77+0.027%$2.2M$481K50xas long as short
Phoenix SKHY+0.0255%1h188.46+0.394%$211K$123K10xas long as short