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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0984%/8h= +107.7% APRnext payment +$9.84 per $10,000 · paid last 24h +0.125%
Price spread now: OKX against Bitget−0.016%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$280.281% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.109%+$11 on $10k
Price spread, last 7 days+0.021%+$2 · spread now −0.016%, 7d avg −0.006%
Together, before fees+0.129%+$13 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: +$30 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.109% in total (about 5.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.84 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 SKHYUSDT186.59−0.0984get 0.0984% / 8h6h 56m$25.7M$35.4M20x
ShortOKX SKHY-USDT-SWAP186.560get 0.0000% / 8h6h 56m$44.3M$83.2M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$206.64
Price spread: −0.016% → −0.006%
−$1.01
Slippage, 4 orders
−$6.1
Fee Bitget: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
$177.53
Costs to cover
0.281%
Break-even
1.0 days
Slippage from Bitget: live order book, 3 min ago; OKX: live order book, 3 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, 3 min ago0.27 bp8.6 bp −$912.3 bp −$12315.8 bp −$1,57832.4 bp −$16.2K
Sell OKX live order book, 3 min ago0.27 bp6.4 bp −$68.4 bp −$8446.0 bp −$4,599doesn'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−0.0984%8h186.59long leg$25.7M$35.4M20x
edgeX SKHYUSDC−0.0405%4h186.37−0.118%$562K$289K10xas long as short
KuCoin SKHYUSDTM−0.0182%8h186.60+0.005%$1.1M$401K20xas long as short
QFEX SKHY-USD−0.0005%1h186.60+0.005%$1.2M$4.3M10xas long as short
Aster SKHYUSDT0.0000%8h186.55−0.023%$266K$949K50xas long as short
Extended SKHY-USD0.0000%1h186.52−0.036%$54K$7K10xas long as short
Binance SKHYUSDT0.0000%8h186.60+0.005%$197.6M$468.4M50xas long as short
Bybit SKHYUSDT0.0000%8h186.58−0.005%$15.9M$33.5M100xas long as short
OKX SKHY-USDT-SWAPshort0.0000%8h186.56−0.016%$44.3M$83.2M50x
Gate SKHY_USDT0.0000%8h186.590.000%$25.6M$21.3M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SKHY0.0000%8h186.05−0.289%$1.5M$1.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h186.06−0.285%$22K$247K10xas long as short
SunX SKHY-USDT0.0000%8h186.83+0.129%$684$5.7M10xas long as short
Deribit SKHY_USDC-PERPETUAL0.0000%1h186.61+0.011%$47K$355K10xas long as short
HTX SKHY-USDT0.0000%8h186.50−0.048%$155K$377K50xas long as short
Phemex SKHYUSDT0.0000%8h186.53−0.032%$1.5M$1.1M10xas long as short
Nado SKHY-PERP+0.0027%1h186.68+0.046%$32K$28K10xas long as short
Lighter SKHY+0.0032%1h186.57−0.011%$993K$1.3M10xas long as short
Lighter RH SKHY+0.0032%1h186.53−0.032%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h186.60+0.005%$60K$173K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h186.58−0.005%$39K10xas long as short
Popdex SKHYUSDT+0.0048%1h186.65+0.032%$202K$299K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h186.60+0.005%$158.0M$78.4M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h186.61+0.011%$180K$451K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h186.48−0.059%$516K$2.6M10xas long as short
Coinbase International SKHY-PERP-INTX+0.0056%1h186.08−0.273%$110K$887K10xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h186.590.000%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h186.57−0.011%$2.1M$461K50xas long as short
Phoenix SKHY+0.0215%1h186.25−0.182%$209K$123K10xas long as short
SoDEX SKHY-USD+0.0271%1h186.55−0.021%$41K$12K10xas long as short
Kraken Futures PF_SKHYUSD+0.0754%1h186.72+0.068%$48K$20K20xas long as short