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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Phemex−0.011%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$116as in the Price arb table
costs, in and out, $10k−$1181.176% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.011%, 7d avg −0.023%
Together, before fees−0.004%$0 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex SKHYUSDT186.550get 0.0000% / 8h32m 07s$1.5M$1.1M10x
ShortGate SKHY_USDT186.530get 0.0000% / 8h32m 07s$25.5M$21.0M75x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Phemex. 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
$0
Price spread: −0.011% → −0.023%
$1.25
Slippage, 4 orders
−$90.64
Fee Phemex: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$116.39
Costs to cover
1.176%
Break-even
never at this rate
Slippage from Phemex: live order book, 1 min ago; Gate: 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 Phemex live order book, 1 min ago0.54 bp47.9 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 2 min ago1.34 bp11.4 bp −$1125.6 bp −$25653.1 bp −$5,30688.0 bp −$44.0K

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−0.1265%8h186.75+0.107%$25.4M$33.1M20xas long as short
edgeX SKHYUSDC−0.0749%4h186.53−0.009%$562K$291K10xas long as short
Kraken Futures PF_SKHYUSD−0.0266%1h186.66+0.059%$48K$21K20xas long as short
tradeXYZ xyz:SKHY−0.0216%1h186.60+0.027%$158.5M$76.9M10xas long as short
Nado SKHY-PERP−0.0172%1h186.72+0.094%$33K$28K10xas long as short
Popdex SKHYUSDT−0.0128%1h186.65+0.054%$204K$288K20xas long as short
Polymarket Perps SKHY-USD−0.0124%1h186.56+0.005%$180K$487K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0072%1h187.58+0.552%$68K$905K10xas long as short
Deribit SKHY_USDC-PERPETUAL−0.0071%1h186.61+0.032%$49K$347K10xas long as short
QFEX SKHY-USD−0.0061%1h186.65+0.054%$1.2M$4.3M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin SKHYUSDTM−0.0037%8h186.59+0.021%$1.1M$328K20xas long as short
Lighter SKHY−0.0008%1h186.53−0.011%$974K$1.2M10xas long as short
Aster SKHYUSDT0.0000%8h186.70+0.078%$223K$925K50xas long as short
Extended SKHY-USD0.0000%1h186.53−0.011%$54K$7K10xas long as short
Binance SKHYUSDT0.0000%8h186.60+0.027%$200.6M$450.6M50xas long as short
Bybit SKHYUSDT0.0000%8h186.59+0.021%$16.7M$29.4M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h186.56+0.005%$44.7M$79.7M50xas long as short
Gate SKHY_USDTshort0.0000%8h186.53−0.011%$25.5M$21.0M75x
Variational Omni SKHY0.0000%8h186.58+0.015%$1.6M$1.0Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h186.63+0.043%$22K$233K10xas long as short
SunX SKHY-USDT0.0000%8h186.79+0.129%$684$6.1M10xas long as short
HTX SKHY-USDT0.0000%8h186.45−0.054%$155K$363K50xas long as short
Phemex SKHYUSDTlong0.0000%8h186.55long leg$1.5M$1.1M10x
Ondo Perps SKHY-USD.P+0.0019%1h186.60+0.027%$521K$2.6M10xas long as short
Lighter RH SKHY+0.0032%1h186.51−0.021%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h186.62+0.038%$60K$171K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h186.65+0.054%$32K10xas long as short
SoDEX SKHY-USD+0.0050%1h186.51−0.021%$41K$12K10xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h186.58+0.016%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h186.65+0.054%$2.2M$426K50xas long as short
Phoenix SKHY+0.0129%1h186.78+0.123%$209K$123K10xas long as short