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+0.0020%/8h= +2.2% APRnext payment +$0.20 per $10,000 · paid last 24h +0.006%
Price spread now: BloFin against Orderly−0.057%52s7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. BloFin is 0.057% cheaper against Orderly than usual: you would sell low and buy high (spread −0.057% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 9.5 days of funding at the current rate (+$1 a day). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_SKHY_USDC_mythos192.700.0100pay 0.0100% / 8h5h 24m$2K$4K10x
ShortBloFin SKHY-USDT192.590.0120get 0.0120% / 8h5h 24m$2.2M$445K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Orderly. 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
$4.2
Price spread: −0.057% → 0.000%
−$5.71
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$19.51
Costs to cover
0.180%
Break-even
39.5 days
Slippage unknown: Orderly: no order-book sample; BloFin: 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
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell BloFin live order book, 4 min ago0.26 bp6.7 bp −$78.1 bp −$8114.9 bp −$1,487doesn't fit
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SKHYUSDC−0.0894%4h192.62−0.042%$581K$289K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0032%1h192.90+0.104%$45K$874K10xas long as short
Aster SKHYUSDT0.0000%8h192.70−0.002%$248K$890K50xas long as short
Extended SKHY-USD0.0000%1h192.63−0.036%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h192.700.000%$206.2M$389.9M50xas long as short
Bybit SKHYUSDT0.0000%8h192.71+0.005%$15.7M$27.3M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h192.75+0.026%$46.7M$69.3M50xas long as short
Gate SKHY_USDT0.0000%8h192.68−0.010%$25.8M$19.0M75xas long as short
Variational Omni SKHY0.0000%8h192.70−0.002%$1.6M$1.2Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h192.68−0.010%$23K$195K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h192.94+0.125%$706$6.4M10xas long as short
HTX SKHY-USDT0.0000%8h192.63−0.036%$160K$368K50xas long as short
Phemex SKHYUSDT0.0000%8h192.62−0.042%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0004%1h192.63−0.036%$1.2M$4.3M10xas long as short
Lighter SKHY+0.0032%1h192.55−0.078%$1.0M$688K10xas long as short
Lighter RH SKHY+0.0032%1h192.58−0.062%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h192.67−0.016%$57K$154K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h192.62−0.042%$11K10xas long as short
Popdex SKHYUSDT+0.0048%1h192.73+0.016%$199K$256K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h192.59−0.057%$161.1M$67.2M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h192.58−0.062%$188K$456K10xas long as short
SoDEX SKHY-USD+0.0050%1h192.63−0.036%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h192.59−0.057%$584K$2.2M10xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0062%1h192.60−0.052%$49K$295K10xas long as short
KuCoin SKHYUSDTM+0.0100%8h192.68−0.010%$1.1M$291K20xas long as short
Orderly PERP_SKHY_USDC_mythoslong+0.0100%8h192.70long leg$2K$4K10x
BloFin SKHY-USDTshort+0.0120%8h192.59−0.057%$2.2M$445K50x
Bitget SKHYUSDT+0.0133%8h192.76+0.031%$25.4M$26.7M20xas long as short
Nado SKHY-PERP+0.0168%1h192.57−0.068%$38K$26K10xas long as short
Phoenix SKHY+0.0332%1h192.88+0.093%$216K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0547%1h192.76+0.033%$51K$17K20xas long as short