Funding arb · Price arb /

SKHY

RWAall SKHY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC−0.0023%/8h= −2.5% APRpaid last 24h −0.021%

Price spread now: Nado against HTX+0.149%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 Nado

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

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

Together, before fees—+ Points / potential airdropNado: Active · farm boardneeds both histories

The price spread pays, funding is against you. Nado is 0.149% dearer against HTX than usual: you sell high and buy low (spread +0.149% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 22 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SKHY-USDT	187.90	0	get 0.0000% / 8h	6h 01m	$156K	$376K	50x
Short	Nado SKHY-PERP	188.18	−0.0023	pay 0.0003% / 1h	1m 54s	$33K	$28K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now +0.149%Rate

Funding earned: −$4.81
Price spread: +0.149% → 0.000%: $14.9
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$8.91
Costs to cover: 0.190%
Break-even: never at this rate

Slippage unknown: HTX: live order book, 49 min ago; Nado: 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, 49 min ago	12.90 bp	35.5 bp −$35	doesn't fit	doesn't fit	doesn't fit
Sell Nado no order-book sample	—	—	—	—	—

Nado: 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 exchanges

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
Bitget SKHYUSDT	−0.0642%	8h	188.12	+0.117%	$26.0M	$36.3M	20x	as long as short
Deribit SKHY_USDC-PERPETUAL	−0.0494%	1h	187.97	+0.037%	$24K	$441K	10x	as long as short
edgeX SKHYUSDC	−0.0235%	4h	187.79	−0.059%	$566K	$287K	10x	as long as short
KuCoin SKHYUSDTM	−0.0118%	8h	187.97	+0.037%	$1.1M	$461K	20x	as long as short
Nado SKHY-PERPshort	−0.0023%	1h	188.18	+0.149%	$33K	$28K	10x
QFEX SKHY-USD	−0.0005%	1h	188.01	+0.059%	$1.2M	$4.3M	10x	as long as short
tradeXYZ xyz:SKHY	−0.0003%	1h	187.91	+0.005%	$158.6M	$78.0M	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	187.98	+0.043%	$264K	$912K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	187.92	+0.012%	$55K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	188.09	+0.100%	$198.6M	$472.7M	50x	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bybit SKHYUSDT	0.0000%	8h	188.00	+0.053%	$16.3M	$34.1M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	188.04	+0.075%	$44.6M	$85.5M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	187.90	0.000%	$25.2M	$22.0M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	187.79	−0.058%	$1.5M	$1.0M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	187.58	−0.170%	$22K	$245K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	188.23	+0.176%	$689	$5.5M	10x	as long as short
HTX SKHY-USDTlong	0.0000%	8h	187.90	long leg	$156K	$376K	50x
Phemex SKHYUSDT	0.0000%	8h	187.91	+0.005%	$1.5M	$1.1M	10x	as long as short
Lighter SKHY	+0.0032%	1h	188.01	+0.059%	$993K	$1.4M	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	187.95	+0.027%	$1.1M	$1.5M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	188.02	+0.064%	$60K	$131K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	188.06	+0.085%	—	$39K	10x	as long as short
Popdex SKHYUSDT	+0.0048%	1h	187.94	+0.021%	$202K	$307K	20x	as long as short
Polymarket Perps SKHY-USD	+0.0050%	1h	187.99	+0.048%	$182K	$352K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	187.91	+0.005%	$42K	$12K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	187.84	−0.032%	$523K	$2.5M	10x	as long as short
Coinbase International SKHY-PERP-INTX	+0.0056%	1h	186.08	−0.969%	$110K	$772K	10x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	187.95	+0.027%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	188.16	+0.138%	$2.2M	$460K	50x	as long as short
Phoenix SKHY	+0.0257%	1h	188.05	+0.080%	$211K	$123K	10x	as long as short
Kraken Futures PF_SKHYUSD	+0.0750%	1h	187.90	−0.001%	$51K	$36K	20x	as long as short