Funding arb · Price arb /

SKHY

RWAall SKHY markets

Swap Backtest

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: Bitget against Aster−0.030%7-day average +0.002% · you buy dearer than you sell

Net, funding: paid 7d − costs−$26as in the Funding arb table

Net, price: spread back to 7d avg − costs−$35as in the Price arb table

costs, in and out, $10k−$310.314% of the position

Long on Aster Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.054%+$5 on $10k

Price spread, last 4 days (all we have)+0.095%+$10 · spread now −0.030%, 7d avg +0.002%

Together, before fees+0.149%+ Points / potential airdropAster: Stage 5 · farm board+$15 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.032% cheaper against Aster than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.002%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SKHYUSDT	190.71	0	get 0.0000% / 8h	3h 45m	$248K	$891K	50x
Short	Bitget SKHYUSDT	190.65	0	get 0.0000% / 8h	3h 45m	$24.4M	$28.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Aster. 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

Position, each leg$Hold fordaysFee AsterbpFee BitgetbpOrdersPrice spread, now −0.030%Rate

Funding earned: $0
Price spread: −0.030% → +0.002%: −$3.22
Slippage, 4 orders: −$11.35
Fee Aster: 4 bp × 2 orders: −$8
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$34.58
Costs to cover: 0.314%
Break-even: never at this rate

Slippage from Aster: live order book, 7 min ago; Bitget: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster live order book, 7 min ago	0.78 bp	8.1 bp −$8	16.4 bp −$164	doesn't fit	doesn't fit
Sell Bitget live order book, 3 min ago	1.05 bp	8.2 bp −$8	17.1 bp −$171	31.0 bp −$3,105	48.3 bp −$24.2K

SKHY on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX SKHYUSDC	−0.0851%	4h	190.81	+0.055%	$575K	$291K	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0104%	1h	192.84	+1.118%	$45K	$861K	10x	as long as short
Aster SKHYUSDTlong	0.0000%	8h	190.71	long leg	$248K	$891K	50x
Extended SKHY-USD	0.0000%	1h	190.43	−0.143%	$56K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	190.50	−0.111%	$200.3M	$401.8M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	190.42	−0.151%	$15.4M	$28.4M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	190.35	−0.187%	$45.8M	$72.4M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	190.48	−0.119%	$25.6M	$19.3M	75x	as long as short
Bitget SKHYUSDTshort	0.0000%	8h	190.65	−0.030%	$24.4M	$28.1M	20x
Variational Omni SKHY	0.0000%	8h	190.79	+0.044%	$1.6M	$1.1M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
GRVT SKHY_USDT_Perp	0.0000%	8h	190.60	−0.056%	$22K	$209K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	191.12	+0.216%	$699	$6.2M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	190.73	+0.012%	$159K	$370K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	190.82	+0.059%	$1.5M	$1.1M	10x	as long as short
tradeXYZ xyz:SKHY	+0.0005%	1h	190.37	−0.177%	$159.2M	$69.0M	10x	as long as short
QFEX SKHY-USD	+0.0011%	1h	190.69	−0.009%	$1.2M	$4.0M	10x	as long as short
Lighter SKHY	+0.0032%	1h	190.31	−0.208%	$1.0M	$691K	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	190.35	−0.187%	$1.1M	$1.4M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	190.78	+0.038%	$59K	$164K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	190.73	+0.012%	—	$12K	10x	as long as short
Popdex SKHYUSDT	+0.0048%	1h	190.77	+0.033%	$201K	$257K	20x	as long as short
Polymarket Perps SKHY-USD	+0.0050%	1h	190.66	−0.025%	$182K	$460K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	190.72	+0.007%	$42K	$13K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	190.51	−0.104%	$576K	$2.6M	10x	as long as short
KuCoin SKHYUSDTM	+0.0100%	8h	190.54	−0.088%	$1.1M	$321K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	190.81	+0.054%	$2K	$4K	10x	as long as short
Nado SKHY-PERP	+0.0114%	1h	190.72	+0.009%	$34K	$28K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	190.74	+0.017%	$2.2M	$435K	50x	as long as short
Deribit SKHY_USDC-PERPETUAL	+0.0169%	1h	190.82	+0.059%	$48K	$325K	10x	as long as short
Phoenix SKHY	+0.0375%	1h	191.05	+0.180%	$214K	$124K	10x	as long as short
Kraken Futures PF_SKHYUSD	+0.0686%	1h	190.91	+0.107%	$48K	$19K	20x	as long as short