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: SunX against Bybit+0.048%7-day average +0.138% · you sell dearer than you buy
Net, funding: paid 7d − costs−$140as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1371.375% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.021%−$2 on $10k
Price spread, last 4 days (all we have)+0.097%+$10 · spread now +0.048%, 7d avg +0.138%
Together, before fees+0.076%+$8 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 0.090% cheaper against Bybit than usual: you would sell low and buy high, −$9 on $10k if it goes back to its 7-day average of +0.138%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit SKHYUSDT186.600get 0.0000% / 8h49m 51s$16.7M$29.6M100x
ShortSunX SKHY-USDT186.690get 0.0000% / 8h49m 51s$683$6.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Bybit. 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: +0.048% → +0.138%
−$8.96
Slippage, 4 orders
−$118.5
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee SunX: 4 bp × 2 orders
−$8
Net
−$146.46
Costs to cover
1.375%
Break-even
never at this rate
Slippage from Bybit: live order book, 4 min ago; SunX: live order book, 9 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 Bybit live order book, 4 min ago0.27 bp7.9 bp −$815.4 bp −$15479.2 bp −$7,923doesn't fit
Sell SunX live order book, 9 min ago29.56 bp73.3 bp −$73doesn't fitdoesn't fitdoesn't fit

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
Bitget SKHYUSDT−0.1377%8h186.65+0.027%$25.4M$32.9M20xas long as short
edgeX SKHYUSDC−0.0889%4h186.25−0.190%$561K$290K10xas long as short
Popdex SKHYUSDT−0.0312%1h186.39−0.113%$205K$287K20xas long as short
tradeXYZ xyz:SKHY−0.0299%1h186.56−0.021%$158.6M$76.9M10xas long as short
Deribit SKHY_USDC-PERPETUAL−0.0286%1h186.53−0.038%$49K$346K10xas long as short
Kraken Futures PF_SKHYUSD−0.0266%1h186.51−0.046%$48K$21K20xas long as short
Nado SKHY-PERP−0.0233%1h186.51−0.046%$33K$28K10xas long as short
Polymarket Perps SKHY-USD−0.0212%1h186.25−0.188%$180K$487K10xas long as short
Lighter SKHY−0.0096%1h186.54−0.032%$976K$1.2M10xas long as short
Coinbase International SKHY-PERP-INTX−0.0072%1h187.58+0.525%$68K$905K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX SKHY-USD−0.0061%1h186.37−0.123%$1.2M$4.3M10xas long as short
Ondo Perps SKHY-USD.P−0.0044%1h186.24−0.193%$520K$2.6M10xas long as short
KuCoin SKHYUSDTM−0.0015%8h186.45−0.080%$1.1M$326K20xas long as short
Aster SKHYUSDT0.0000%8h186.68+0.045%$224K$925K50xas long as short
Extended SKHY-USD0.0000%1h186.51−0.050%$54K$7K10xas long as short
Binance SKHYUSDT0.0000%8h186.60+0.001%$200.5M$450.0M50xas long as short
Bybit SKHYUSDTlong0.0000%8h186.60long leg$16.7M$29.6M100x
OKX SKHY-USDT-SWAP0.0000%8h186.49−0.059%$44.5M$79.1M50xas long as short
Gate SKHY_USDT0.0000%8h186.52−0.043%$25.5M$20.9M75xas long as short
Variational Omni SKHY0.0000%8h186.25−0.188%$1.6M$1.0Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h186.21−0.211%$22K$232K10xas long as short
SunX SKHY-USDTshort0.0000%8h186.69+0.048%$683$6.1M10x
HTX SKHY-USDT0.0000%8h186.42−0.096%$155K$363K50xas long as short
Phemex SKHYUSDT0.0000%8h186.53−0.038%$1.5M$1.1M10xas long as short
Lighter RH SKHY+0.0032%1h186.48−0.064%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h186.22−0.204%$60K$171K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h186.40−0.107%$32K10xas long as short
SoDEX SKHY-USD+0.0050%1h186.35−0.134%$41K$12K10xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h186.46−0.075%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h186.32−0.150%$2.2M$423K50xas long as short
Phoenix SKHY+0.0129%1h186.38−0.118%$209K$123K10xas long as short