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+0.0081%/8h= +8.9% APRnext payment +$0.81 per $10,000 · paid last 24h +0.007%
Price spread now: KuCoin against Bybit−0.070%7-day average −0.024% · you buy dearer than you sell
Net, funding: paid 7d − costs−$97as in the Funding arb table
Net, price: spread back to 7d avg − costs−$95as in the Price arb table
costs, in and out, $10k−$900.903% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.068%−$7 on $10k
Price spread, last 7 days+0.052%+$5 · spread now −0.070%, 7d avg −0.024%
Together, before fees−0.016%−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.046% cheaper against Bybit than usual: you would sell low and buy high (spread −0.070% now, against its 7-day average of −0.024%). If the spread goes back, that is −$5 on $10k: about 45 hours of funding at the current rate (+$2 a day). Mind the row above: over the last 7 days funding on this pair cost −0.068%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SKHYUSDT186.730get 0.0000% / 8h1h 24m$15.9M$29.3M100x
ShortKuCoin SKHYUSDTM186.600.0081get 0.0081% / 8h1h 24m$1.1M$327K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. 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
$17.01
Price spread: −0.070% → −0.024%
−$4.59
Slippage, 4 orders
−$67.32
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$77.89
Costs to cover
0.903%
Break-even
39.1 days
Slippage from Bybit: live order book, 4 min ago; KuCoin: live order book, 10 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 Bybit live order book, 4 min ago0.27 bp8.0 bp −$812.8 bp −$12877.6 bp −$7,756doesn't fit
Sell KuCoin live order book, 10 min ago2.15 bp37.5 bp −$37doesn't fitdoesn'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 SKHYUSDT−0.1300%8h186.82+0.048%$25.0M$31.7M20xas long as short
edgeX SKHYUSDC−0.0762%4h186.50−0.125%$562K$290K10xas long as short
Deribit SKHY_USDC-PERPETUAL−0.0286%1h186.61−0.064%$49K$343K10xas long as short
Nado SKHY-PERP−0.0188%1h186.72−0.003%$33K$28K10xas long as short
tradeXYZ xyz:SKHY−0.0180%1h186.69−0.021%$158.6M$74.7M10xas long as short
Popdex SKHYUSDT−0.0168%1h186.70−0.016%$197K$275K20xas long as short
Polymarket Perps SKHY-USD−0.0165%1h186.60−0.070%$180K$487K10xas long as short
Kraken Futures PF_SKHYUSD−0.0139%1h186.57−0.084%$47K$19K20xas long as short
Coinbase International SKHY-PERP-INTX−0.0104%1h187.75+0.546%$63K$902K10xas long as short
Lighter SKHY−0.0072%1h186.56−0.091%$954K$1.1M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX SKHY-USD−0.0049%1h186.67−0.032%$1.2M$4.2M10xas long as short
Ondo Perps SKHY-USD.P−0.0038%1h186.39−0.182%$515K$2.6M10xas long as short
Aster SKHYUSDT0.0000%8h186.74+0.004%$226K$919K50xas long as short
Extended SKHY-USD0.0000%1h186.58−0.083%$54K$7K10xas long as short
Binance SKHYUSDT0.0000%8h186.68−0.027%$199.2M$439.8M50xas long as short
Bybit SKHYUSDTlong0.0000%8h186.73long leg$15.9M$29.3M100x
OKX SKHY-USDT-SWAP0.0000%8h186.68−0.027%$44.6M$77.7M50xas long as short
Gate SKHY_USDT0.0000%8h186.62−0.059%$25.6M$20.5M75xas long as short
Variational Omni SKHY0.0000%8h186.64−0.047%$1.6M$1.0Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h186.51−0.118%$22K$230K10xas long as short
SunX SKHY-USDT0.0000%8h186.88+0.080%$684$6.1M10xas long as short
HTX SKHY-USDT0.0000%8h186.50−0.123%$155K$366K50xas long as short
Phemex SKHYUSDT0.0000%8h186.57−0.086%$1.5M$1.1M10xas long as short
Lighter RH SKHY+0.0032%1h186.54−0.102%$1.1M$1.6M10xas long as short
Arcus SKHY-USD+0.0040%1h186.51−0.118%$59K$165K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h186.72−0.005%$24K10xas long as short
SoDEX SKHY-USD+0.0050%1h186.59−0.075%$41K$13K10xas long as short
KuCoin SKHYUSDTMshort+0.0081%8h186.60−0.070%$1.1M$327K20x
Orderly PERP_SKHY_USDC_mythos+0.0100%8h186.61−0.064%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h186.58−0.080%$2.2M$421K50xas long as short
Phoenix SKHY+0.0213%1h186.53−0.107%$209K$115K10xas long as short