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: OKX against Aster−0.048%7-day average −0.012% · you buy dearer than you sell

Net, funding: paid 7d − costs−$21as in the Funding arb table

Net, price: spread back to 7d avg − costs−$29as in the Price arb table

costs, in and out, $10k−$250.254% of the position

Long on Aster Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.043%+$4 on $10k

Price spread, last 4 days (all we have)+0.057%+$6 · spread now −0.048%, 7d avg −0.012%

Together, before fees+0.100%+ Points / potential airdropAster: Stage 5 · farm board+$10 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: OKX is 0.036% cheaper against Aster than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.012%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SKHYUSDT	186.73	0	get 0.0000% / 8h	34m 00s	$223K	$925K	50x
Short	OKX SKHY-USDT-SWAP	186.64	0	get 0.0000% / 8h	34m 00s	$44.7M	$79.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now −0.048%Rate

Funding earned: $0
Price spread: −0.048% → −0.012%: −$3.63
Slippage, 4 orders: −$7.39
Fee Aster: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$29.02
Costs to cover: 0.254%
Break-even: never at this rate

Slippage from Aster: live order book, 4 min ago; OKX: live order book, 5 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, 4 min ago	1.34 bp	7.7 bp −$8	19.9 bp −$199	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	0.27 bp	5.3 bp −$5	7.0 bp −$70	36.3 bp −$3,633	doesn't fit

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
Bitget SKHYUSDT	−0.1276%	8h	186.86	+0.070%	$25.4M	$33.1M	20x	as long as short
edgeX SKHYUSDC	−0.0749%	4h	186.53	−0.105%	$562K	$291K	10x	as long as short
Kraken Futures PF_SKHYUSD	−0.0266%	1h	186.79	+0.030%	$48K	$21K	20x	as long as short
tradeXYZ xyz:SKHY	−0.0224%	1h	186.64	−0.048%	$158.5M	$76.9M	10x	as long as short
Nado SKHY-PERP	−0.0182%	1h	186.71	−0.010%	$33K	$28K	10x	as long as short
Popdex SKHYUSDT	−0.0152%	1h	186.65	−0.043%	$205K	$288K	20x	as long as short
Polymarket Perps SKHY-USD	−0.0134%	1h	186.58	−0.080%	$180K	$487K	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0072%	1h	187.58	+0.455%	$68K	$905K	10x	as long as short
QFEX SKHY-USD	−0.0061%	1h	186.63	−0.054%	$1.2M	$4.3M	10x	as long as short
KuCoin SKHYUSDTM	−0.0037%	8h	186.57	−0.086%	$1.1M	$328K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Deribit SKHY_USDC-PERPETUAL	−0.0018%	1h	186.67	−0.032%	$49K	$347K	10x	as long as short
Lighter SKHY	−0.0016%	1h	186.62	−0.059%	$975K	$1.2M	10x	as long as short
Aster SKHYUSDTlong	0.0000%	8h	186.73	long leg	$223K	$925K	50x
Extended SKHY-USD	0.0000%	1h	186.62	−0.060%	$54K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	186.65	−0.044%	$200.7M	$450.5M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	186.68	−0.027%	$16.7M	$29.4M	100x	as long as short
OKX SKHY-USDT-SWAPshort	0.0000%	8h	186.64	−0.048%	$44.7M	$79.7M	50x
Gate SKHY_USDT	0.0000%	8h	186.63	−0.054%	$25.6M	$21.0M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	186.58	−0.081%	$1.6M	$1.0M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	186.65	−0.043%	$22K	$233K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	186.95	+0.118%	$684	$6.1M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	186.62	−0.059%	$155K	$363K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	186.66	−0.037%	$1.5M	$1.1M	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0014%	1h	186.48	−0.134%	$521K	$2.6M	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	186.60	−0.070%	$1.1M	$1.5M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	186.59	−0.075%	$60K	$171K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	186.61	−0.064%	—	$32K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	186.65	−0.043%	$41K	$12K	10x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	186.65	−0.043%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	186.61	−0.064%	$2.2M	$426K	50x	as long as short
Phoenix SKHY	+0.0129%	1h	186.78	+0.027%	$209K	$123K	10x	as long as short