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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.010%
Price spread now: Popdex against Gate−0.037%7-day average +0.024% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$370.365% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.049%+$5 on $10k
Price spread, last 4 days (all we have)+0.066%+$7 · spread now −0.037%, 7d avg +0.024%
Together, before fees+0.115%+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Popdex is 0.061% cheaper against Gate than usual: you would sell low and buy high (spread −0.037% now, against its 7-day average of +0.024%). If the spread goes back, that is −$6 on $10k: about 4.2 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate SKHY_USDT187.990get 0.0000% / 8h4h 59m$25.4M$21.2M75x
ShortPopdex SKHYUSDT187.920.0048get 0.0006% / 1h59m 00s$201K$310K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Popdex against Gate. 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
$10.08
Price spread: −0.037% → +0.024%
−$6.08
Slippage, 4 orders
−$15.1
Fee Gate: 7.5 bp × 2 orders
−$15
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Net
−$32.51
Costs to cover
0.365%
Break-even
29.6 days
Slippage from Gate: live order book, 3 min ago; Popdex: live order book, 48 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 Gate live order book, 3 min ago1.07 bp9.8 bp −$1017.6 bp −$17628.0 bp −$2,80152.2 bp −$26.1K
Sell Popdex live order book, 48 min ago3.19 bp7.9 bp −$89.8 bp −$98doesn't fitdoesn't fit

SKHY on 31 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Kraken Futures PF_SKHYUSD−0.2053%1h188.06+0.037%$51K$36K20xas long as short
Nado SKHY-PERP−0.0490%1h187.99−0.002%$32K$28K10xas long as short
edgeX SKHYUSDC−0.0453%4h187.75−0.125%$566K$287K10xas long as short
Bitget SKHYUSDT−0.0295%8h188.13+0.074%$26.1M$36.5M20xas long as short
Deribit SKHY_USDC-PERPETUAL−0.0282%1h188.00+0.005%$50K$492K10xas long as short
KuCoin SKHYUSDTM−0.0196%8h187.96−0.016%$1.1M$512K20xas long as short
Coinbase International SKHY-PERP-INTX−0.0096%1h187.65−0.181%$110K$739K10xas long as short
tradeXYZ xyz:SKHY−0.0059%1h188.05+0.032%$158.8M$77.4M10xas long as short
Lighter SKHY−0.0040%1h188.05+0.032%$986K$1.4M10xas long as short
QFEX SKHY-USD−0.0013%1h187.86−0.069%$1.2M$4.2M10xas long as short
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SKHYUSDT−0.0009%8h187.98−0.005%$197.9M$472.4M50xas long as short
Extended SKHY-USD−0.0008%1h187.94−0.024%$55K$7K10xas long as short
Aster SKHYUSDT0.0000%8h187.92−0.035%$260K$916K50xas long as short
Bybit SKHYUSDT0.0000%8h188.04+0.027%$16.4M$33.9M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h188.02+0.016%$44.6M$85.7M50xas long as short
Gate SKHY_USDTlong0.0000%8h187.99long leg$25.4M$21.2M75x
Variational Omni SKHY0.0000%8h187.74−0.136%$1.5M$954Kas long as short
GRVT SKHY_USDT_Perp0.0000%8h187.78−0.111%$22K$255K10xas long as short
SunX SKHY-USDT0.0000%8h188.38+0.207%$689$5.4M10xas long as short
HTX SKHY-USDT0.0000%8h187.86−0.069%$154K$383K50xas long as short
Phemex SKHYUSDT0.0000%8h188.14+0.080%$1.5M$1.1M10xas long as short
Ondo Perps SKHY-USD.P+0.0002%1h187.80−0.101%$523K$2.5M10xas long as short
Lighter RH SKHY+0.0032%1h187.97−0.011%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h187.91−0.043%$60K$131K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h187.94−0.027%$39K10xas long as short
Popdex SKHYUSDTshort+0.0048%1h187.92−0.037%$201K$310K20x
Polymarket Perps SKHY-USD+0.0050%1h187.87−0.064%$182K$352K10xas long as short
SoDEX SKHY-USD+0.0050%1h187.85−0.074%$41K$12K10xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h188.08+0.048%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0115%8h188.12+0.069%$2.2M$491K50xas long as short
Phoenix SKHY+0.0255%1h187.94−0.027%$211K$123K10xas long as short