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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.014%
Price spread now: Popdex against HTX−0.016%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$36as in the Price arb table
costs, in and out, $10k−$310.311% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.049%+$5 on $10k
Price spread, last 4 days (all we have)+0.167%+$17 · spread now −0.016%, 7d avg +0.034%
Together, before fees+0.216%+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Popdex is 0.050% cheaper against HTX than usual: you would sell low and buy high (spread −0.016% now, against its 7-day average of +0.034%). If the spread goes back, that is −$5 on $10k: about 3.5 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SKHY-USDT188.990get 0.0000% / 8h3h 04m$157K$370K50x
ShortPopdex SKHYUSDT188.960.0048get 0.0006% / 1h4m 14s$199K$258K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex 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
$10.08
Price spread: −0.016% → +0.034%
−$4.99
Slippage, 4 orders
−$12.7
Fee HTX: 6 bp × 2 orders
−$12
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$26.01
Costs to cover
0.311%
Break-even
25.1 days
Slippage from HTX: live order book, 49 min ago; Popdex: 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 HTX live order book, 49 min ago1.83 bp12.2 bp −$1217.1 bp −$171doesn't fitdoesn't fit
Sell Popdex live order book, 50 min ago0.78 bp4.0 bp −$46.1 bp −$61doesn'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
Bitget SKHYUSDT−0.0337%8h189.13+0.074%$24.4M$29.4M20xas long as short
Coinbase International SKHY-PERP-INTX−0.0104%1h189.86+0.460%$36K$876K10xas long as short
edgeX SKHYUSDC−0.0055%4h188.56−0.227%$568K$290K10xas long as short
tradeXYZ xyz:SKHY−0.0016%1h188.98−0.005%$158.5M$70.1M10xas long as short
Aster SKHYUSDT0.0000%8h189.06+0.036%$244K$897K50xas long as short
Extended SKHY-USD0.0000%1h189.01+0.013%$55K$7K10xas long as short
Binance SKHYUSDT0.0000%8h189.06+0.037%$199.5M$412.3M50xas long as short
Bybit SKHYUSDT0.0000%8h189.05+0.032%$15.4M$29.1M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h189.05+0.032%$44.8M$73.8M50xas long as short
Gate SKHY_USDT0.0000%8h188.990.000%$25.3M$19.9M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SKHY0.0000%8h188.92−0.036%$1.6M$1.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h188.81−0.093%$22K$216K10xas long as short
SunX SKHY-USDT0.0000%8h189.24+0.132%$693$6.2M10xas long as short
Deribit SKHY_USDC-PERPETUAL0.0000%1h189.06+0.037%$48K$330K10xas long as short
HTX SKHY-USDTlong0.0000%8h188.99long leg$157K$370K50x
Phemex SKHYUSDT0.0000%8h189.08+0.048%$1.5M$1.1M10xas long as short
Lighter SKHY+0.0008%1h188.990.000%$996K$747K10xas long as short
QFEX SKHY-USD+0.0011%1h188.94−0.026%$1.2M$4.1M10xas long as short
Nado SKHY-PERP+0.0013%1h188.92−0.038%$33K$28K10xas long as short
Lighter RH SKHY+0.0032%1h188.96−0.016%$1.0M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h188.81−0.095%$58K$164K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h188.95−0.021%$12K10xas long as short
Popdex SKHYUSDTshort+0.0048%1h188.96−0.016%$199K$258K20x
Polymarket Perps SKHY-USD+0.0050%1h188.90−0.048%$182K$472K10xas long as short
SoDEX SKHY-USD+0.0050%1h188.92−0.037%$42K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h188.78−0.111%$526K$2.6M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h188.97−0.011%$1.1M$311K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h189.06+0.037%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h188.87−0.063%$2.2M$438K50xas long as short
Phoenix SKHY+0.0375%1h189.01+0.011%$212K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0693%1h189.07+0.044%$48K$19K20xas long as short