Funding arb · Price arb /

SKHY

RWAall SKHY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1059%/8h= +116.0% APRpaid last 24h +0.165%

Price spread now: Kraken Futures against HTX+0.018%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Kraken Futures

What this pair did over the last

the charts below follow

Funding, last 7 days+0.701%+$70 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—needs both histories

The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$32 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.701% in total (about 36.6% 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.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SKHY-USDT	192.81	0	get 0.0000% / 8h	4h 07m	$161K	$369K	50x
Short	Kraken Futures PF_SKHYUSD	192.84	0.1059	get 0.0132% / 1h	7m 44s	$49K	$19K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Kraken Futures 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

Position, each leg$Hold fordaysFee HTXbpFee Kraken FuturesbpOrdersPrice spread, now +0.018%Rate

Funding earned: $222.49
Price spread: +0.018% → 0.000%: $1.78
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Kraken Futures: 5 bp × 2 orders: −$10
Net: $202.27
Costs to cover: 0.220%
Break-even: 0.6 days

Slippage unknown: HTX: live order book, 50 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 50 min ago	2.59 bp	9.4 bp −$9	12.8 bp −$128	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX SKHYUSDC	−0.0671%	4h	192.99	+0.095%	$582K	$290K	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0048%	1h	192.84	+0.016%	$45K	$861K	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	192.82	+0.006%	$249K	$889K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	192.77	−0.020%	$56K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	192.75	−0.030%	$203.4M	$394.5M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	192.73	−0.041%	$15.7M	$27.7M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	192.73	−0.041%	$46.7M	$70.0M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	192.78	−0.016%	$25.8M	$19.0M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	192.95	+0.072%	$1.6M	$1.1M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	193.07	+0.135%	$22K	$206K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SKHY-USDT	0.0000%	8h	193.14	+0.171%	$707	$6.2M	10x	as long as short
HTX SKHY-USDTlong	0.0000%	8h	192.81	long leg	$161K	$369K	50x
Phemex SKHYUSDT	0.0000%	8h	192.86	+0.026%	$1.5M	$1.1M	10x	as long as short
QFEX SKHY-USD	+0.0015%	1h	192.82	+0.005%	$1.2M	$3.9M	10x	as long as short
Lighter SKHY	+0.0032%	1h	192.67	−0.073%	$1.0M	$704K	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	192.66	−0.078%	$1.1M	$1.6M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	193.01	+0.104%	$60K	$161K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	192.86	+0.026%	—	$12K	10x	as long as short
Popdex SKHYUSDT	+0.0048%	1h	192.84	+0.016%	$202K	$256K	20x	as long as short
tradeXYZ xyz:SKHY	+0.0050%	1h	192.68	−0.067%	$161.1M	$67.8M	10x	as long as short
Polymarket Perps SKHY-USD	+0.0050%	1h	192.78	−0.016%	$188K	$456K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	192.85	+0.021%	$43K	$13K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	192.78	−0.016%	$577K	$2.4M	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	+0.0061%	1h	192.85	+0.021%	$49K	$322K	10x	as long as short
KuCoin SKHYUSDTM	+0.0100%	8h	192.77	−0.021%	$1.1M	$318K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	192.83	+0.010%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	193.06	+0.130%	$2.3M	$438K	50x	as long as short
Bitget SKHYUSDT	+0.0128%	8h	192.91	+0.052%	$25.2M	$26.9M	20x	as long as short
Nado SKHY-PERP	+0.0148%	1h	192.94	+0.067%	$38K	$26K	10x	as long as short
Phoenix SKHY	+0.0372%	1h	193.19	+0.197%	$216K	$124K	10x	as long as short
Kraken Futures PF_SKHYUSDshort	+0.1059%	1h	192.84	+0.018%	$49K	$19K	20x