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−0.0120%/8h= −13.1% APRnext payment $1.20 per $10,000 · paid last 24h −0.036%
Price spread now: Bybit against BloFin+0.103%52s7-day average −0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$51as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$300.303% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.210%−$21 on $10k
Price spread, last 3 days (all we have)−0.118%−$12 · spread now +0.103%, 7d avg −0.007%
Together, before fees−0.328%−$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.110% dearer against BloFin than usual: you sell high and buy low (spread +0.103% now, against its 7-day average of −0.007%): +$11 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 3.1 days. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SKHY-USDT193.360.0120pay 0.0120% / 8h7h 22m$2.2M$446K50x
ShortBybit SKHYUSDT193.560get 0.0000% / 8h7h 22m$15.7M$27.1M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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
−$25.2
Price spread: +0.103% → −0.007%
$11.02
Slippage, 4 orders
−$7.28
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$44.45
Costs to cover
0.303%
Break-even
never at this rate
Slippage from BloFin: live order book, 6 min ago; Bybit: live order book, 1 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 BloFin live order book, 6 min ago0.52 bp6.5 bp −$77.3 bp −$7312.3 bp −$1,22841.5 bp −$20.8K
Sell Bybit live order book, 1 min ago0.52 bp8.4 bp −$812.8 bp −$12882.3 bp −$8,229doesn'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
edgeX SKHYUSDC−0.0274%4h193.27−0.045%$583K$289K10xas long as short
Nado SKHY-PERP−0.0002%1h193.47+0.059%$29K$2K10xas long as short
Aster SKHYUSDT0.0000%8h193.25−0.057%$249K$921K50xas long as short
Extended SKHY-USD0.0000%1h193.43+0.034%$56K$6K10xas long as short
Binance SKHYUSDT0.0000%8h193.51+0.078%$212.4M$383.2M50xas long as short
Bybit SKHYUSDTshort0.0000%8h193.56+0.103%$15.7M$27.1M100x
OKX SKHY-USDT-SWAP0.0000%8h193.55+0.098%$47.0M$67.9M50xas long as short
Gate SKHY_USDT0.0000%8h193.49+0.067%$25.9M$18.4M75xas long as short
Variational Omni SKHY0.0000%8h193.27−0.045%$1.6M$2.3Mas long as short
SunX SKHY-USDT0.0000%8h193.56+0.103%$708$6.8M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SKHY_USDC-PERPETUAL0.0000%1h193.26−0.052%$47K$268K10xas long as short
HTX SKHY-USDT0.0000%8h193.17−0.098%$160K$386K50xas long as short
Phemex SKHYUSDT0.0000%8h193.23−0.067%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0005%1h193.44+0.041%$1.2M$4.9M10xas long as short
Lighter SKHY+0.0032%1h193.360.000%$1.0M$677K10xas long as short
Lighter RH SKHY+0.0032%1h193.33−0.016%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h193.19−0.088%$57K$153K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.43+0.036%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.47+0.057%$197K$256K20xas long as short
Polymarket Perps SKHY-USD+0.0050%1h193.42+0.031%$191K$454K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h193.26−0.052%$555K$1.7M10xas long as short
tradeXYZ xyz:SKHY+0.0060%1h193.47+0.057%$164.8M$65.4M10xas long as short
Coinbase International SKHY-PERP-INTX+0.0088%1h192.17−0.615%$117K$795K10xas long as short
SoDEX SKHY-USD+0.0091%1h193.26−0.052%$43K$13K10xas long as short
KuCoin SKHYUSDTM+0.0100%8h193.37+0.005%$1.1M$277K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.50+0.072%$2K$4K10xas long as short
BloFin SKHY-USDTlong+0.0120%8h193.36long leg$2.2M$446K50x
Bitget SKHYUSDT+0.0229%8h193.33−0.016%$25.6M$26.6M20xas long as short
Phoenix SKHY+0.0335%1h193.33−0.016%$218K$120K10xas long as short
GRVT SKHY_USDT_Perp+0.0554%8h193.28−0.042%$23K$195K10xas long as short
Kraken Futures PF_SKHYUSD+0.0708%1h193.34−0.010%$51K$22K20xas long as short