Funding arb · Price arb /

SKHY

RWAall SKHY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0117%/8h= +12.8% APRpaid last 24h +0.023%

Price spread now: Binance against Nado−0.045%7-day average — · you buy dearer than you sell

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

Long on Nado Short on Binance

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

Funding pays, the price is against you. Binance is 0.045% cheaper against Nado than usual: you would sell low and buy high (spread −0.045% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 31 hours of funding at the current rate (+$4 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Nado SKHY-PERP	186.29	−0.0117	get 0.0015% / 1h	6m 19s	$33K	$28K	10x
Short	Binance SKHYUSDT	186.21	0	get 0.0000% / 8h	6m 19s	$199.7M	$453.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Nado. 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 NadobpFee BinancebpOrdersPrice spread, now −0.045%Rate

Funding earned: $24.5
Price spread: −0.045% → 0.000%: −$4.49
Slippage, 4 orders: no order book: not counted
Fee Nado: 3.5 bp × 2 orders: −$7
Fee Binance: 5 bp × 2 orders: −$10
Net: $3.01
Costs to cover: 0.170%
Break-even: 6.1 days

Slippage unknown: Nado: no order-book sample; Binance: live order book, 7 min ago. 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 Nado no order-book sample	—	—	—	—	—
Sell Binance live order book, 7 min ago	0.27 bp	5.4 bp −$5	7.4 bp −$74	12.8 bp −$1,284	80.1 bp −$40.0K

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 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	186.47	+0.094%	$25.6M	$33.5M	20x	as long as short
Kraken Futures PF_SKHYUSD	−0.0266%	1h	186.34	+0.024%	$48K	$21K	20x	as long as short
tradeXYZ xyz:SKHY	−0.0127%	1h	186.21	−0.045%	$158.1M	$76.8M	10x	as long as short
Nado SKHY-PERPlong	−0.0117%	1h	186.29	long leg	$33K	$28K	10x
Coinbase International SKHY-PERP-INTX	−0.0072%	1h	187.58	+0.690%	$68K	$795K	10x	as long as short
QFEX SKHY-USD	−0.0061%	1h	186.23	−0.035%	$1.2M	$4.3M	10x	as long as short
KuCoin SKHYUSDTM	−0.0058%	8h	186.18	−0.062%	$1.1M	$350K	20x	as long as short
Polymarket Perps SKHY-USD	−0.0040%	1h	186.17	−0.067%	$180K	$486K	10x	as long as short
edgeX SKHYUSDC	−0.0018%	4h	186.11	−0.097%	$561K	$290K	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	186.28	−0.010%	$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	186.21	−0.048%	$54K	$7K	10x	as long as short
Binance SKHYUSDTshort	0.0000%	8h	186.21	−0.045%	$199.7M	$453.0M	50x
Bybit SKHYUSDT	0.0000%	8h	186.23	−0.035%	$16.6M	$29.5M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	186.22	−0.040%	$44.5M	$80.0M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	186.21	−0.045%	$25.5M	$21.2M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	186.12	−0.093%	$1.6M	$1.1M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	186.15	−0.078%	$22K	$238K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	186.51	+0.116%	$683	$6.0M	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	0.0000%	1h	186.26	−0.019%	$49K	$348K	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	186.16	−0.072%	$154K	$363K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	186.26	−0.019%	$1.5M	$1.1M	10x	as long as short
Popdex SKHYUSDT	+0.0008%	1h	186.23	−0.035%	$204K	$287K	20x	as long as short
Lighter SKHY	+0.0016%	1h	186.20	−0.051%	$973K	$1.2M	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	186.17	−0.067%	$1.1M	$1.5M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	186.18	−0.062%	$60K	$171K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	186.16	−0.072%	—	$32K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	186.20	−0.051%	$41K	$12K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	186.05	−0.131%	$520K	$2.6M	10x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	186.23	−0.035%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	186.17	−0.067%	$2.2M	$426K	50x	as long as short
Phoenix SKHY	+0.0129%	1h	186.40	+0.057%	$209K	$123K	10x	as long as short