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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.20 per $10,000 · paid last 24h +0.006%
Price spread now: BloFin against Orderly+0.021%52s7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.021% dearer against Orderly than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_SKHY_USDC_mythos193.050.0100pay 0.0100% / 8h4h 11m$2K$4K10x
ShortBloFin SKHY-USDT193.090.0120get 0.0120% / 8h4h 11m$2.3M$438K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Orderly. 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
$4.2
Price spread: +0.021% → 0.000%
$2.07
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$11.73
Costs to cover
0.180%
Break-even
26.5 days
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Orderly no order-book sample
Sell BloFin live order book, 1 min ago0.26 bp6.3 bp −$67.7 bp −$7716.2 bp −$1,621doesn't fit
Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SKHYUSDC−0.0839%4h192.88−0.087%$581K$292K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0048%1h192.84−0.109%$45K$861K10xas long as short
Aster SKHYUSDT0.0000%8h193.04−0.006%$249K$889K50xas long as short
Extended SKHY-USD0.0000%1h192.97−0.043%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.02−0.016%$203.8M$394.2M50xas long as short
Bybit SKHYUSDT0.0000%8h193.04−0.005%$15.7M$27.7M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h192.99−0.031%$46.8M$70.1M50xas long as short
Gate SKHY_USDT0.0000%8h192.96−0.047%$25.8M$18.9M75xas long as short
Variational Omni SKHY0.0000%8h192.91−0.072%$1.6M$1.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h192.92−0.067%$23K$205K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.31+0.135%$708$6.2M10xas long as short
HTX SKHY-USDT0.0000%8h192.99−0.031%$161K$369K50xas long as short
Phemex SKHYUSDT0.0000%8h193.03−0.010%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0015%1h193.03−0.010%$1.2M$4.0M10xas long as short
Lighter SKHY+0.0032%1h192.94−0.057%$1.0M$698K10xas long as short
Lighter RH SKHY+0.0032%1h192.92−0.067%$1.1M$1.6M10xas long as short
Arcus SKHY-USD+0.0040%1h193.03−0.010%$60K$161K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.02−0.016%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.07+0.010%$202K$256K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h192.92−0.067%$161.3M$67.9M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h192.95−0.052%$189K$456K10xas long as short
SoDEX SKHY-USD+0.0050%1h192.97−0.041%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h192.90−0.078%$582K$2.4M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h193.01−0.021%$1.1M$316K20xas long as short
Orderly PERP_SKHY_USDC_mythoslong+0.0100%8h193.05long leg$2K$4K10x
Deribit SKHY_USDC-PERPETUAL+0.0113%1h193.07+0.010%$49K$322K10xas long as short
BloFin SKHY-USDTshort+0.0120%8h193.09+0.021%$2.3M$438K50x
Bitget SKHYUSDT+0.0141%8h193.07+0.010%$25.2M$26.9M20xas long as short
Nado SKHY-PERP+0.0151%1h193.03−0.009%$38K$26K10xas long as short
Phoenix SKHY+0.0372%1h193.37+0.166%$217K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.1058%1h193.08+0.015%$49K$19K20xas long as short