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+0.0843%/8h= +92.3% APRpaid last 24h +0.112%
Price spread now: KuCoin against edgeX+0.012%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$730.726% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.634%−$63 on $10k
Price spread, last 4 days (all we have)−0.310%−$31 · spread now +0.012%, 7d avg −0.017%
Together, before fees−0.944%+ Points / potential airdropedgeX: Active · farm board−$94 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and KuCoin is 0.029% dearer against edgeX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.017%. Mind the row above: over the last 7 days funding on this pair cost −0.634%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SKHYUSDC193.10−0.0743get 0.0372% / 4h33m 08s$582K$291K10x
ShortKuCoin SKHYUSDTM193.120.0100get 0.0100% / 8h4h 33m$1.1M$305K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$177.06
Price spread: +0.012% → −0.017%
$2.85
Slippage, 4 orders
−$51.61
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$107.3
Costs to cover
0.726%
Break-even
2.8 days
Slippage from edgeX: live order book, 26 min ago; KuCoin: live order book, 2 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 edgeX live order book, 26 min ago1.29 bp6.2 bp −$611.8 bp −$118doesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago1.29 bp29.9 bp −$30doesn'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
edgeX SKHYUSDClong−0.0743%4h193.10long leg$582K$291K10x
Coinbase International SKHY-PERP-INTX−0.0048%1h192.84−0.133%$45K$861K10xas long as short
Aster SKHYUSDT0.0000%8h193.14+0.024%$249K$889K50xas long as short
Extended SKHY-USD0.0000%1h193.15+0.028%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.13+0.017%$204.3M$392.9M50xas long as short
Bybit SKHYUSDT0.0000%8h193.15+0.027%$15.7M$27.5M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.10+0.002%$46.6M$69.8M50xas long as short
Gate SKHY_USDT0.0000%8h193.11+0.007%$25.8M$18.8M75xas long as short
Variational Omni SKHY0.0000%8h193.08−0.008%$1.6M$1.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h193.12+0.011%$22K$202K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.51+0.214%$708$6.3M10xas long as short
HTX SKHY-USDT0.0000%8h193.09−0.004%$161K$367K50xas long as short
Phemex SKHYUSDT0.0000%8h193.14+0.022%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0015%1h193.18+0.043%$1.2M$4.1M10xas long as short
Lighter SKHY+0.0032%1h193.02−0.040%$1.0M$686K10xas long as short
Lighter RH SKHY+0.0032%1h193.01−0.045%$1.1M$1.6M10xas long as short
Arcus SKHY-USD+0.0040%1h193.07−0.014%$57K$154K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.14+0.022%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.23+0.069%$201K$255K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h193.04−0.030%$161.5M$67.7M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h193.13+0.017%$189K$456K10xas long as short
SoDEX SKHY-USD+0.0050%1h193.10+0.002%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h193.14+0.022%$574K$2.3M10xas long as short
KuCoin SKHYUSDTMshort+0.0100%8h193.12+0.012%$1.1M$305K20x
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.20+0.053%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.12+0.012%$2.2M$437K50xas long as short
Nado SKHY-PERP+0.0139%1h193.18+0.042%$38K$26K10xas long as short
Bitget SKHYUSDT+0.0158%8h193.14+0.022%$25.3M$26.9M20xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0164%1h193.23+0.069%$49K$318K10xas long as short
Phoenix SKHY+0.0372%1h193.29+0.100%$217K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.1057%1h193.26+0.082%$49K$19K20xas long as short