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+0.0352%/8h= +38.5% APRnext payment +$3.52 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Bitget+0.032%56s7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$400.399% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.036%−$4 on $10k
Price spread, last 4 days (all we have)−0.105%−$10 · spread now +0.032%, 7d avg −0.033%
Together, before fees−0.140%−$14 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and HTX is 0.065% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.033%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.036% in total (about -1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.52 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget SKHYUSDT188.93−0.0352get 0.0352% / 8h3h 03m$24.3M$29.4M20x
ShortHTX SKHY-USDT188.990get 0.0000% / 8h3h 03m$157K$370K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bitget. 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
$73.92
Price spread: +0.032% → −0.033%
$6.53
Slippage, 4 orders
−$15.9
Fee Bitget: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
$40.54
Costs to cover
0.399%
Break-even
3.2 days
Slippage from Bitget: live order book, 6 min ago; HTX: 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 Bitget live order book, 6 min ago0.53 bp8.9 bp −$916.7 bp −$16724.0 bp −$2,39641.9 bp −$21.0K
Sell HTX live order book, 50 min ago1.83 bp10.4 bp −$1014.3 bp −$143doesn'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 SKHYUSDTlong−0.0352%8h188.93long leg$24.3M$29.4M20x
edgeX SKHYUSDC−0.0232%4h188.78−0.080%$569K$291K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0104%1h189.86+0.492%$36K$876K10xas long as short
tradeXYZ xyz:SKHY−0.0017%1h188.79−0.074%$158.4M$70.1M10xas long as short
Aster SKHYUSDT0.0000%8h188.89−0.023%$244K$897K50xas long as short
Extended SKHY-USD0.0000%1h188.73−0.105%$55K$7K10xas long as short
Binance SKHYUSDT0.0000%8h188.79−0.076%$199.1M$412.5M50xas long as short
Bybit SKHYUSDT0.0000%8h188.81−0.064%$15.4M$29.1M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h188.79−0.074%$44.8M$73.7M50xas long as short
Gate SKHY_USDT0.0000%8h188.81−0.064%$25.3M$19.9M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SKHY0.0000%8h188.92−0.004%$1.6M$1.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h188.86−0.035%$22K$216K10xas long as short
SunX SKHY-USDT0.0000%8h189.13+0.106%$692$6.2M10xas long as short
Deribit SKHY_USDC-PERPETUAL0.0000%1h188.82−0.058%$48K$331K10xas long as short
HTX SKHY-USDTshort0.0000%8h188.99+0.032%$157K$370K50x
Phemex SKHYUSDT0.0000%8h189.08+0.079%$1.5M$1.1M10xas long as short
Lighter SKHY+0.0008%1h188.79−0.074%$995K$747K10xas long as short
QFEX SKHY-USD+0.0011%1h188.82−0.058%$1.2M$4.1M10xas long as short
Nado SKHY-PERP+0.0012%1h189.01+0.043%$33K$28K10xas long as short
Lighter RH SKHY+0.0032%1h188.79−0.074%$1.0M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h188.84−0.048%$58K$164K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h188.89−0.021%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h188.84−0.048%$199K$259K20xas long as short
Polymarket Perps SKHY-USD+0.0050%1h188.75−0.095%$182K$472K10xas long as short
SoDEX SKHY-USD+0.0050%1h188.82−0.058%$42K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h188.78−0.079%$526K$2.6M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h188.88−0.026%$1.1M$311K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h188.82−0.058%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h188.87−0.032%$2.2M$438K50xas long as short
Phoenix SKHY+0.0375%1h189.01+0.042%$212K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0694%1h188.85−0.045%$48K$19K20xas long as short