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−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.030%
Price spread now: HTX against Orderly−0.031%7-day average · you buy dearer than you sell
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 against this trade now: funding costs −$3 a day on $10k at the current rate, and HTX is 0.031% cheaper against Orderly than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_SKHY_USDC_mythos193.320.0100pay 0.0100% / 8h6h 59m$2K$4K10x
ShortHTX SKHY-USDT193.260get 0.0000% / 8h6h 59m$160K$376K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$21
Price spread: −0.031% → 0.000%
−$3.1
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee HTX: 6 bp × 2 orders
−$12
Net
−$42.1
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; HTX: live order book, 9 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 HTX live order book, 9 min ago2.07 bp8.1 bp −$810.6 bp −$106doesn't fitdoesn'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−0.0880%4h193.20−0.063%$582K$291K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0072%1h193.24−0.041%$54K$870K10xas long as short
Nado SKHY-PERP−0.0023%1h193.24−0.040%$44K$20K10xas long as short
Aster SKHYUSDT0.0000%8h193.28−0.023%$249K$890K50xas long as short
Extended SKHY-USD0.0000%1h193.25−0.035%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.30−0.011%$211.5M$385.1M50xas long as short
Bybit SKHYUSDT0.0000%8h193.29−0.016%$15.7M$27.1M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.320.000%$46.9M$68.6M50xas long as short
Gate SKHY_USDT0.0000%8h193.27−0.026%$25.8M$18.5M75xas long as short
Variational Omni SKHY0.0000%8h193.13−0.098%$1.7M$2.3Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.59+0.140%$709$6.7M10xas long as short
Deribit SKHY_USDC-PERPETUAL0.0000%1h193.29−0.016%$48K$270K10xas long as short
HTX SKHY-USDTshort0.0000%8h193.26−0.031%$160K$376K50x
Phemex SKHYUSDT0.0000%8h193.17−0.078%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0005%1h193.22−0.052%$1.2M$4.9M10xas long as short
Lighter SKHY+0.0032%1h193.18−0.072%$1.0M$654K10xas long as short
Lighter RH SKHY+0.0032%1h193.16−0.083%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h193.25−0.036%$57K$153K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.25−0.036%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.29−0.016%$197K$258K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h193.21−0.057%$163.5M$66.7M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h193.15−0.088%$190K$454K10xas long as short
SoDEX SKHY-USD+0.0050%1h193.22−0.052%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h193.09−0.119%$541K$1.7M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h193.30−0.010%$1.1M$279K20xas long as short
Orderly PERP_SKHY_USDC_mythoslong+0.0100%8h193.32long leg$2K$4K10x
BloFin SKHY-USDT+0.0120%8h193.19−0.067%$2.2M$446K50xas long as short
Phoenix SKHY+0.0335%1h193.41+0.047%$218K$119K10xas long as short
GRVT SKHY_USDT_Perp+0.0341%8h193.23−0.046%$22K$192K10xas long as short
Bitget SKHYUSDT+0.0428%8h193.29−0.016%$25.7M$26.6M20xas long as short
Kraken Futures PF_SKHYUSD+0.0705%1h193.32−0.002%$51K$17K20xas long as short