Funding arb · Price arb /

SKHY

RWAall SKHY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.013%

Price spread now: Ondo Perps against HTX−0.075%7-day average +0.008% · you buy dearer than you sell

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

Long on HTX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.092%+$9 on $10k

Price spread, last 4 days (all we have)+0.153%+$15 · spread now −0.075%, 7d avg +0.008%

Together, before fees+0.245%+ Points / potential airdropOndo Perps: Active · farm board+$25 on $10k · with fees, hour by hour

Funding pays, the price is against you. Ondo Perps is 0.083% cheaper against HTX than usual: you would sell low and buy high (spread −0.075% now, against its 7-day average of +0.008%). If the spread goes back, that is −$8 on $10k: about 5.5 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SKHY-USDT	186.19	0	get 0.0000% / 8h	6m 09s	$154K	$363K	50x
Short	Ondo Perps SKHY-USD.P	186.05	0.0050	get 0.0006% / 1h	6m 09s	$520K	$2.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against HTX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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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 Ondo PerpsbpOrdersPrice spread, now −0.075%Rate

Funding earned: $10.58
Price spread: −0.075% → +0.008%: −$8.3
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$14.71
Costs to cover: 0.170%
Break-even: 16.7 days

Slippage unknown: HTX: live order book, 32 min ago; Ondo Perps: 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, 32 min ago	2.68 bp	8.7 bp −$9	13.7 bp −$137	doesn't fit	doesn't fit
Sell Ondo Perps no order-book sample	—	—	—	—	—

Ondo Perps: 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
Bitget SKHYUSDT	−0.1248%	8h	186.46	+0.145%	$25.6M	$33.5M	20x	as long as short
Kraken Futures PF_SKHYUSD	−0.0266%	1h	186.33	+0.073%	$48K	$21K	20x	as long as short
tradeXYZ xyz:SKHY	−0.0126%	1h	186.21	+0.011%	$158.1M	$76.8M	10x	as long as short
Nado SKHY-PERP	−0.0117%	1h	186.29	+0.056%	$33K	$28K	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0072%	1h	187.58	+0.747%	$68K	$791K	10x	as long as short
QFEX SKHY-USD	−0.0061%	1h	186.23	+0.021%	$1.2M	$4.3M	10x	as long as short
KuCoin SKHYUSDTM	−0.0058%	8h	186.18	−0.005%	$1.1M	$350K	20x	as long as short
Polymarket Perps SKHY-USD	−0.0040%	1h	186.17	−0.011%	$180K	$486K	10x	as long as short
edgeX SKHYUSDC	−0.0018%	4h	186.11	−0.040%	$561K	$290K	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	186.27	+0.042%	$225K	$899K	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended SKHY-USD	0.0000%	1h	186.17	−0.013%	$54K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	186.20	+0.008%	$199.7M	$453.0M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	186.23	+0.021%	$16.6M	$29.5M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	186.22	+0.016%	$44.5M	$80.2M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	186.21	+0.011%	$25.5M	$21.2M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	186.12	−0.037%	$1.6M	$1.1M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	186.15	−0.021%	$22K	$238K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	186.47	+0.150%	$682	$6.0M	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	0.0000%	1h	186.26	+0.038%	$49K	$348K	10x	as long as short
HTX SKHY-USDTlong	0.0000%	8h	186.19	long leg	$154K	$363K	50x
Phemex SKHYUSDT	0.0000%	8h	186.24	+0.027%	$1.5M	$1.1M	10x	as long as short
Popdex SKHYUSDT	+0.0008%	1h	186.23	+0.021%	$204K	$287K	20x	as long as short
Lighter SKHY	+0.0016%	1h	186.15	−0.021%	$972K	$1.2M	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	186.16	−0.016%	$1.1M	$1.5M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	186.18	−0.005%	$60K	$171K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	186.16	−0.016%	—	$32K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	186.20	+0.005%	$41K	$12K	10x	as long as short
Ondo Perps SKHY-USD.Pshort	+0.0050%	1h	186.05	−0.075%	$520K	$2.6M	10x
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	186.23	+0.021%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	186.17	−0.011%	$2.2M	$426K	50x	as long as short
Phoenix SKHY	+0.0129%	1h	186.40	+0.113%	$209K	$123K	10x	as long as short