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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.007%
Price spread now: KuCoin against HTX+0.116%7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$970.967% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.047%−$5 on $10k
Price spread, last 4 days (all we have)−0.073%−$7 · spread now +0.116%, 7d avg +0.012%
Together, before fees−0.120%−$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and KuCoin is 0.104% dearer against HTX than usual: you sell high and buy low: +$10 more if the spread goes back to its 7-day average of +0.012%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SKHY-USDT190.030get 0.0000% / 8h3h 36m$159K$369K50x
ShortKuCoin SKHYUSDTM190.250.0100get 0.0100% / 8h3h 36m$1.1M$319K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$21
Price spread: +0.116% → +0.012%
$10.39
Slippage, 4 orders
−$72.71
Fee HTX: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$65.32
Costs to cover
0.967%
Break-even
28.8 days
Slippage from HTX: live order book, 16 min ago; KuCoin: live order book, 3 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, 16 min ago1.83 bp12.2 bp −$1217.1 bp −$171doesn't fitdoesn't fit
Sell KuCoin live order book, 3 min ago2.90 bp33.5 bp −$33doesn't fitdoesn'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−0.0312%4h189.89−0.074%$572K$290K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0104%1h192.84+1.479%$45K$861K10xas long as short
tradeXYZ xyz:SKHY−0.0006%1h190.18+0.079%$159.1M$69.2M10xas long as short
Aster SKHYUSDT0.0000%8h190.21+0.094%$247K$893K50xas long as short
Extended SKHY-USD0.0000%1h190.15+0.063%$55K$7K10xas long as short
Binance SKHYUSDT0.0000%8h190.19+0.085%$199.8M$404.4M50xas long as short
Bybit SKHYUSDT0.0000%8h190.18+0.079%$15.3M$28.6M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h190.18+0.079%$45.1M$73.2M50xas long as short
Gate SKHY_USDT0.0000%8h190.15+0.063%$25.6M$19.5M75xas long as short
Bitget SKHYUSDT0.0000%8h190.22+0.100%$24.4M$28.4M20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SKHY0.0000%8h190.47+0.232%$1.6M$1.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h189.92−0.058%$23K$213K10xas long as short
SunX SKHY-USDT0.0000%8h190.35+0.168%$697$6.2M10xas long as short
Deribit SKHY_USDC-PERPETUAL0.0000%1h190.11+0.042%$48K$326K10xas long as short
HTX SKHY-USDTlong0.0000%8h190.03long leg$159K$369K50x
Phemex SKHYUSDT0.0000%8h190.20+0.089%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0011%1h190.09+0.032%$1.2M$4.1M10xas long as short
Lighter SKHY+0.0032%1h190.02−0.005%$1.0M$692K10xas long as short
Lighter RH SKHY+0.0032%1h190.05+0.011%$1.1M$1.4M10xas long as short
Arcus SKHY-USD+0.0040%1h190.11+0.042%$59K$164K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h190.06+0.016%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h190.09+0.032%$200K$257K20xas long as short
Polymarket Perps SKHY-USD+0.0050%1h190.00−0.016%$183K$470K10xas long as short
SoDEX SKHY-USD+0.0050%1h189.99−0.021%$42K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h189.99−0.021%$563K$2.7M10xas long as short
Nado SKHY-PERP+0.0093%1h190.11+0.044%$34K$28K10xas long as short
KuCoin SKHYUSDTMshort+0.0100%8h190.25+0.116%$1.1M$319K20x
Orderly PERP_SKHY_USDC_mythos+0.0100%8h190.11+0.042%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h190.16+0.068%$2.2M$436K50xas long as short
Phoenix SKHY+0.0375%1h190.14+0.058%$213K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0689%1h190.13+0.054%$48K$19K20xas long as short