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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0192%/8h= −21.0% APRpaid last 24h −0.021%
Price spread now: Coinbase International against BloFin−0.093%718s7-day average +0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$390.393% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.322%−$32 on $10k
Price spread, last 3 days (all we have)+0.047%+$5 · spread now −0.093%, 7d avg +0.102%
Together, before fees−0.275%−$28 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Coinbase International is 0.196% cheaper against BloFin than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.102%). Swap the legs. The two prices were read 718 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SKHY-USDT193.080.0120pay 0.0120% / 8h6h 36m$2.3M$445K50x
ShortCoinbase International SKHY-PERP-INTX192.90−0.0072pay 0.0009% / 1h36m 50s$45K$874K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International 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
−$40.32
Price spread: −0.093% → +0.102%
−$19.57
Slippage, 4 orders
−$17.27
Fee BloFin: 6 bp × 2 orders
−$12
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$99.16
Costs to cover
0.393%
Break-even
never at this rate
Slippage from BloFin: live order book, 16 min ago; Coinbase International: live order book, 31 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, 16 min ago0.52 bp6.5 bp −$77.2 bp −$7215.4 bp −$1,539doesn't fit
Sell Coinbase International live order book, 31 min ago7.24 bp12.3 bp −$1218.2 bp −$182doesn'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
edgeX SKHYUSDC−0.0874%4h192.69−0.200%$581K$290K10xas long as short
Coinbase International SKHY-PERP-INTXshort−0.0072%1h192.90−0.093%$45K$874K10x
Aster SKHYUSDT0.0000%8h192.65−0.224%$248K$890K50xas long as short
Extended SKHY-USD0.0000%1h192.59−0.253%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h192.66−0.215%$210.0M$385.4M50xas long as short
Bybit SKHYUSDT0.0000%8h192.65−0.223%$15.6M$27.2M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h192.67−0.212%$46.7M$69.0M50xas long as short
Gate SKHY_USDT0.0000%8h192.65−0.223%$25.8M$18.8M75xas long as short
Variational Omni SKHY0.0000%8h192.94−0.075%$1.6M$2.2Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h192.71−0.190%$22K$192K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h192.92−0.083%$706$6.6M10xas long as short
Deribit SKHY_USDC-PERPETUAL0.0000%1h192.60−0.249%$48K$270K10xas long as short
HTX SKHY-USDT0.0000%8h192.63−0.233%$160K$376K50xas long as short
Phemex SKHYUSDT0.0000%8h192.58−0.259%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0002%1h192.64−0.228%$1.2M$4.6M10xas long as short
Nado SKHY-PERP+0.0026%1h192.72−0.188%$42K$21K10xas long as short
Lighter SKHY+0.0032%1h192.48−0.311%$1.0M$683K10xas long as short
Lighter RH SKHY+0.0032%1h192.45−0.326%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h192.77−0.161%$57K$154K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h192.66−0.218%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h192.66−0.218%$197K$257K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h192.56−0.269%$162.9M$65.6M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h192.55−0.274%$188K$456K10xas long as short
SoDEX SKHY-USD+0.0050%1h192.60−0.249%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h192.91−0.088%$533K$1.8M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h192.65−0.223%$1.1M$280K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h192.68−0.207%$2K$4K10xas long as short
BloFin SKHY-USDTlong+0.0120%8h193.08long leg$2.3M$445K50x
Phoenix SKHY+0.0331%1h192.96−0.062%$216K$123K10xas long as short
Bitget SKHYUSDT+0.0353%8h192.69−0.202%$25.5M$26.4M20xas long as short
Kraken Futures PF_SKHYUSD+0.0707%1h192.68−0.209%$51K$17K20xas long as short