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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against HTX+0.010%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1111.107% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)+0.005%$0 · spread now +0.010%, 7d avg +0.032%
Together, before fees+0.005%$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.022% cheaper against HTX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.032%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongHTX SKHY-USDT193.020get 0.0000% / 8h6h 56m$160K$377K50x
ShortPhemex SKHYUSDT193.040get 0.0000% / 8h6h 56m$1.5M$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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
$0
Price spread: +0.010% → +0.032%
−$2.2
Slippage, 4 orders
−$86.71
Fee HTX: 6 bp × 2 orders
−$12
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$112.92
Costs to cover
1.107%
Break-even
never at this rate
Slippage from HTX: live order book, 12 min ago; Phemex: live order book, 2 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, 12 min ago2.07 bp8.1 bp −$812.3 bp −$123doesn't fitdoesn't fit
Sell Phemex live order book, 2 min ago2.33 bp39.5 bp −$40doesn't fitdoesn't fitdoesn't fit

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−0.0430%4h193.23+0.109%$582K$289K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0072%1h193.24+0.114%$54K$870K10xas long as short
Aster SKHYUSDT0.0000%8h193.13+0.058%$248K$890K50xas long as short
Extended SKHY-USD0.0000%1h193.02+0.002%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.05+0.017%$211.2M$384.8M50xas long as short
Bybit SKHYUSDT0.0000%8h193.09+0.036%$15.7M$27.2M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.09+0.036%$46.9M$68.6M50xas long as short
Gate SKHY_USDT0.0000%8h193.020.000%$25.8M$18.6M75xas long as short
Variational Omni SKHY0.0000%8h193.04+0.008%$1.7M$2.3Mas long as short
SunX SKHY-USDT0.0000%8h193.38+0.187%$708$6.7M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SKHY_USDC-PERPETUAL0.0000%1h193.020.000%$48K$270K10xas long as short
HTX SKHY-USDTlong0.0000%8h193.02long leg$160K$377K50x
Phemex SKHYUSDTshort0.0000%8h193.04+0.010%$1.5M$1.1M10x
QFEX SKHY-USD+0.0002%1h193.01−0.005%$1.2M$4.9M10xas long as short
Nado SKHY-PERP+0.0012%1h193.07+0.024%$44K$20K10xas long as short
Lighter SKHY+0.0032%1h192.96−0.031%$1.0M$654K10xas long as short
Lighter RH SKHY+0.0032%1h192.96−0.031%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h193.15+0.067%$57K$154K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.08+0.031%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.020.000%$197K$256K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h193.020.000%$163.3M$66.7M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h192.95−0.036%$190K$454K10xas long as short
SoDEX SKHY-USD+0.0050%1h193.06+0.021%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h193.09+0.036%$541K$1.7M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h193.13+0.057%$1.1M$279K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.10+0.041%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.08+0.031%$2.2M$445K50xas long as short
GRVT SKHY_USDT_Perp+0.0296%8h193.22+0.104%$23K$191K10xas long as short
Phoenix SKHY+0.0335%1h193.48+0.238%$217K$123K10xas long as short
Bitget SKHYUSDT+0.0425%8h193.08+0.031%$25.6M$26.5M20xas long as short
Kraken Futures PF_SKHYUSD+0.0706%1h193.11+0.047%$51K$17K20xas long as short