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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.1365%/8h= +149.5% APRpaid last 24h +0.271%
Price spread now: Kraken Futures against edgeX+0.062%76s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.114%+$11 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$41 a day on $10k at the current rate, and Kraken Futures is 0.062% dearer against edgeX than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 76 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 0.114% in total (about 6.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SKHYUSDC193.10−0.0308get 0.0154% / 4h33m 53s$582K$290K10x
ShortKraken Futures PF_SKHYUSD193.220.1057get 0.0132% / 1h33m 53s$49K$19K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures against edgeX. 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
$286.7
Price spread: +0.062% → 0.000%
$6.16
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$273.86
Costs to cover
0.190%
Break-even
0.3 days
Slippage unknown: edgeX: live order book, 25 min ago; Kraken Futures: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 25 min ago1.29 bp6.2 bp −$611.8 bp −$118doesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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 SKHYUSDClong−0.0308%4h193.10long leg$582K$290K10x
Coinbase International SKHY-PERP-INTX−0.0048%1h192.84−0.137%$45K$861K10xas long as short
Aster SKHYUSDT0.0000%8h193.15+0.021%$249K$889K50xas long as short
Extended SKHY-USD0.0000%1h193.15+0.024%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.21+0.054%$204.4M$392.9M50xas long as short
Bybit SKHYUSDT0.0000%8h193.21+0.054%$15.7M$27.5M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.22+0.060%$46.7M$69.9M50xas long as short
Gate SKHY_USDT0.0000%8h193.18+0.039%$25.8M$18.8M75xas long as short
Variational Omni SKHY0.0000%8h193.08−0.012%$1.6M$1.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h193.12+0.008%$23K$201K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.40+0.153%$708$6.3M10xas long as short
HTX SKHY-USDT0.0000%8h193.05−0.028%$161K$367K50xas long as short
Phemex SKHYUSDT0.0000%8h193.23+0.065%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0015%1h193.07−0.018%$1.2M$4.1M10xas long as short
Lighter SKHY+0.0032%1h193.07−0.018%$1.0M$686K10xas long as short
Lighter RH SKHY+0.0032%1h193.08−0.013%$1.1M$1.6M10xas long as short
Arcus SKHY-USD+0.0040%1h193.04−0.034%$57K$154K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.07−0.018%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.12+0.008%$201K$255K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h193.10−0.003%$161.5M$67.7M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h193.02−0.044%$189K$456K10xas long as short
SoDEX SKHY-USD+0.0050%1h193.13+0.013%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h193.06−0.023%$574K$2.3M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h193.12+0.008%$1.1M$305K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.13+0.013%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.10−0.003%$2.2M$437K50xas long as short
Nado SKHY-PERP+0.0138%1h193.09−0.009%$38K$26K10xas long as short
Bitget SKHYUSDT+0.0158%8h193.16+0.028%$25.3M$26.9M20xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0216%1h193.20+0.049%$49K$316K10xas long as short
Phoenix SKHY+0.0372%1h193.09−0.008%$216K$124K10xas long as short
Kraken Futures PF_SKHYUSDshort+0.1057%1h193.22+0.062%$49K$19K20x