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+0.0188%/8h= +20.6% APRnext payment +$1.88 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against HTX+0.098%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$340.343% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.036%+$4 on $10k
Price spread, last 4 days (all we have)+0.024%+$2 · spread now +0.098%, 7d avg +0.032%
Together, before fees+0.060%+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bitget is 0.067% dearer against HTX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.032%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.036% in total (about 1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.88 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SKHY-USDT193.050get 0.0000% / 8h5h 03m$161K$368K50x
ShortBitget SKHYUSDT193.240.0188get 0.0188% / 8h5h 03m$25.4M$26.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against HTX. 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
$39.48
Price spread: +0.098% → +0.032%
$6.66
Slippage, 4 orders
−$10.29
Fee HTX: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
$11.84
Costs to cover
0.343%
Break-even
4.9 days
Slippage from HTX: live order book, 59 min ago; Bitget: live order book, 5 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 HTX live order book, 59 min ago2.85 bp8.9 bp −$912.6 bp −$126doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago0.78 bp7.8 bp −$815.9 bp −$15920.7 bp −$2,07438.5 bp −$19.3K

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−0.0964%4h193.03−0.011%$582K$291K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0032%1h192.90−0.078%$45K$874K10xas long as short
Aster SKHYUSDT0.0000%8h193.08+0.018%$249K$889K50xas long as short
Extended SKHY-USD0.0000%1h193.16+0.058%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.18+0.067%$205.4M$393.4M50xas long as short
Bybit SKHYUSDT0.0000%8h193.20+0.078%$15.8M$27.4M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.16+0.057%$46.7M$70.0M50xas long as short
Gate SKHY_USDT0.0000%8h193.13+0.041%$25.8M$19.2M75xas long as short
Variational Omni SKHY0.0000%8h193.16+0.056%$1.6M$1.2Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h192.98−0.035%$22K$198K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.51+0.238%$708$6.3M10xas long as short
HTX SKHY-USDTlong0.0000%8h193.05long leg$161K$368K50x
Phemex SKHYUSDT0.0000%8h193.21+0.083%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0004%1h193.17+0.062%$1.2M$4.3M10xas long as short
Lighter SKHY+0.0032%1h193.04−0.005%$1.0M$696K10xas long as short
Lighter RH SKHY+0.0032%1h193.03−0.010%$1.1M$1.6M10xas long as short
Arcus SKHY-USD+0.0040%1h193.10+0.026%$57K$154K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.17+0.062%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.20+0.078%$201K$257K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h193.06+0.005%$161.5M$67.5M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h193.09+0.021%$189K$456K10xas long as short
SoDEX SKHY-USD+0.0050%1h193.16+0.057%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h192.99−0.031%$567K$2.2M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h193.07+0.010%$1.1M$297K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.17+0.062%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.22+0.088%$2.3M$438K50xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0164%1h193.22+0.088%$49K$306K10xas long as short
Nado SKHY-PERP+0.0169%1h193.21+0.083%$38K$26K10xas long as short
Bitget SKHYUSDTshort+0.0188%8h193.24+0.098%$25.4M$26.9M20x
Phoenix SKHY+0.0332%1h193.15+0.052%$216K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0545%1h193.29+0.124%$51K$17K20xas long as short