Funding arb · Price arb /

SKHY

RWAall SKHY markets

Swap Backtest

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: SunX against Aster+0.155%7-day average +0.132% · you sell dearer than you buy

Net, funding: paid 7d − costs−$133as in the Funding arb table

Net, price: spread back to 7d avg − costs−$132as in the Price arb table

costs, in and out, $10k−$1351.345% of the position

Long on Aster Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.019%+$2 on $10k

Price spread, last 4 days (all we have)−0.049%−$5 · spread now +0.155%, 7d avg +0.132%

Together, before fees−0.031%+ Points / potential airdropAster: Stage 5 · farm board−$3 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: SunX is 0.022% dearer against Aster than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of +0.132%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SKHYUSDT	193.12	0	get 0.0000% / 8h	4h 18m	$249K	$889K	50x
Short	SunX SKHY-USDT	193.42	0	get 0.0000% / 8h	4h 18m	$708	$6.2M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Aster. 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 AsterbpFee SunXbpOrdersPrice spread, now +0.155%Rate

Funding earned: $0
Price spread: +0.155% → +0.132%: $2.24
Slippage, 4 orders: −$118.53
Fee Aster: 4 bp × 2 orders: −$8
Fee SunX: 4 bp × 2 orders: −$8
Net: −$132.29
Costs to cover: 1.345%
Break-even: never at this rate

Slippage from Aster: live order book, 40 min ago; SunX: live order book, 11 min ago.

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 Aster live order book, 40 min ago	0.52 bp	7.8 bp −$8	16.3 bp −$163	doesn't fit	doesn't fit
Sell SunX live order book, 11 min ago	29.47 bp	72.4 bp −$72	doesn't fit	doesn't fit	doesn't fit

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
edgeX SKHYUSDC	−0.0332%	4h	193.24	+0.064%	$583K	$290K	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0048%	1h	192.84	−0.145%	$45K	$861K	10x	as long as short
Aster SKHYUSDTlong	0.0000%	8h	193.12	long leg	$249K	$889K	50x
Extended SKHY-USD	0.0000%	1h	193.07	−0.026%	$56K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	193.15	+0.014%	$204.4M	$393.8M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	193.13	+0.005%	$15.7M	$27.6M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	193.14	+0.010%	$46.8M	$70.2M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	193.11	−0.006%	$25.8M	$18.9M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	193.39	+0.139%	$1.6M	$1.1M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	193.30	+0.094%	$22K	$203K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SKHY-USDTshort	0.0000%	8h	193.42	+0.155%	$708	$6.2M	10x
HTX SKHY-USDT	0.0000%	8h	193.10	−0.011%	$161K	$369K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	193.14	+0.010%	$1.5M	$1.1M	10x	as long as short
QFEX SKHY-USD	+0.0015%	1h	193.12	0.000%	$1.2M	$4.0M	10x	as long as short
Lighter SKHY	+0.0032%	1h	193.04	−0.042%	$1.0M	$688K	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	193.01	−0.057%	$1.1M	$1.6M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	193.24	+0.062%	$60K	$161K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	193.12	0.000%	—	$12K	10x	as long as short
Popdex SKHYUSDT	+0.0048%	1h	193.14	+0.010%	$202K	$256K	20x	as long as short
tradeXYZ xyz:SKHY	+0.0050%	1h	193.08	−0.021%	$161.5M	$67.9M	10x	as long as short
Polymarket Perps SKHY-USD	+0.0050%	1h	193.05	−0.037%	$189K	$456K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	193.11	−0.006%	$43K	$13K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	193.01	−0.057%	$599K	$2.4M	10x	as long as short
KuCoin SKHYUSDTM	+0.0100%	8h	193.13	+0.005%	$1.1M	$313K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	193.15	+0.015%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	193.18	+0.031%	$2.2M	$438K	50x	as long as short
Nado SKHY-PERP	+0.0150%	1h	193.14	+0.011%	$38K	$26K	10x	as long as short
Bitget SKHYUSDT	+0.0164%	8h	193.18	+0.031%	$25.3M	$26.9M	20x	as long as short
Deribit SKHY_USDC-PERPETUAL	+0.0164%	1h	193.15	+0.015%	$49K	$321K	10x	as long as short
Phoenix SKHY	+0.0372%	1h	193.52	+0.207%	$217K	$124K	10x	as long as short
Kraken Futures PF_SKHYUSD	+0.1058%	1h	193.17	+0.025%	$49K	$19K	20x	as long as short