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: HTX against Phemex+0.021%7-day average −0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$99as in the Funding arb table
Net, price: spread back to 7d avg − costs−$93as in the Price arb table
costs, in and out, $10k−$990.987% 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)−0.036%−$4 · spread now +0.021%, 7d avg −0.031%
Together, before fees−0.036%−$4 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: HTX is 0.052% dearer against Phemex than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.031%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex SKHYUSDT192.660get 0.0000% / 8h6h 14m$1.5M$1.1M10x
ShortHTX SKHY-USDT192.700get 0.0000% / 8h6h 14m$160K$371K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Phemex. 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: +0.021% → −0.031%
$5.21
Slippage, 4 orders
−$74.68
Fee Phemex: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$93.47
Costs to cover
0.987%
Break-even
never at this rate
Slippage from Phemex: live order book, 3 min ago; HTX: live order book, 53 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 Phemex live order book, 3 min ago1.30 bp38.6 bp −$39doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 53 min ago2.07 bp8.1 bp −$810.6 bp −$106doesn't fitdoesn't fit

SKHY on 30 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−0.0382%4h192.39−0.142%$580K$291K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0072%1h192.90+0.125%$45K$874K10xas long as short
Aster SKHYUSDT0.0000%8h192.66−0.002%$248K$890K50xas long as short
Extended SKHY-USD0.0000%1h192.68+0.010%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h192.75+0.047%$208.9M$386.2M50xas long as short
Bybit SKHYUSDT0.0000%8h192.80+0.073%$15.7M$27.3M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h192.79+0.067%$46.7M$69.2M50xas long as short
Gate SKHY_USDT0.0000%8h192.72+0.031%$25.8M$18.9M75xas long as short
Variational Omni SKHY0.0000%8h192.55−0.057%$1.6M$1.9Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h192.44−0.117%$22K$192K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.05+0.202%$707$6.5M10xas long as short
HTX SKHY-USDTshort0.0000%8h192.70+0.021%$160K$371K50x
Phemex SKHYUSDTlong0.0000%8h192.66long leg$1.5M$1.1M10x
QFEX SKHY-USD+0.0002%1h192.68+0.010%$1.2M$4.4M10xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0010%1h192.70+0.021%$48K$272K10xas long as short
Lighter SKHY+0.0032%1h192.55−0.057%$1.0M$687K10xas long as short
Lighter RH SKHY+0.0032%1h192.58−0.042%$1.1M$1.5M10xas long as short
Nado SKHY-PERP+0.0040%1h192.75+0.045%$38K$26K10xas long as short
Arcus SKHY-USD+0.0040%1h192.55−0.057%$57K$155K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h192.660.000%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h192.71+0.026%$198K$256K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h192.660.000%$162.1M$66.4M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h192.64−0.010%$188K$456K10xas long as short
SoDEX SKHY-USD+0.0050%1h192.63−0.016%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h192.65−0.005%$531K$1.9M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h192.64−0.010%$1.1M$285K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h192.68+0.010%$2K$4K10xas long as short
Bitget SKHYUSDT+0.0250%8h192.76+0.052%$25.5M$26.4M20xas long as short
Phoenix SKHY+0.0331%1h192.48−0.093%$216K$123K10xas long as short
Kraken Futures PF_SKHYUSD+0.0707%1h192.82+0.083%$51K$17K20xas long as short