Funding arb · Price arb /

SKHY

RWAall SKHY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h −0.019%

Price spread now: Vest against Bybit−0.042%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Bybit Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.042% cheaper against Bybit than usual: you would sell low and buy high (spread −0.042% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 3.1 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit SKHYUSDT	189.67	0	get 0.0000% / 8h	15m 04s	$15.7M	$27.0M	100x
Short	Vest SKHY-USD-PERP	189.59	0.0046	get 0.0006% / 1h	15m 04s	—	$12K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee BybitbpFee VestbpOrdersPrice spread, now −0.042%Rate

Funding earned: $9.59
Price spread: −0.042% → 0.000%: −$4.22
Slippage, 4 orders: no order book: not counted
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee Vest: 1 bp × 2 orders: −$2
Net: −$7.63
Costs to cover: 0.130%
Break-even: 12.6 days

Slippage unknown: Bybit: live order book, 4 min ago; Vest: no order-book sample. Net counts fees only.

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 Bybit live order book, 4 min ago	0.26 bp	8.9 bp −$9	14.6 bp −$146	76.9 bp −$7,692	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX SKHYUSDC	−0.0648%	4h	189.61	−0.030%	$572K	$291K	10x	as long as short
Nado SKHY-PERP	−0.0043%	1h	189.63	−0.024%	$28K	$2K	10x	as long as short
QFEX SKHY-USD	0.0000%	1h	189.58	−0.047%	$1.2M	$5.3M	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	189.63	−0.018%	$252K	$903K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	189.54	−0.070%	$55K	$4K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	189.61	−0.032%	$212.0M	$377.8M	50x	as long as short
Bybit SKHYUSDTlong	0.0000%	8h	189.67	long leg	$15.7M	$27.0M	100x
OKX SKHY-USDT-SWAP	0.0000%	8h	189.61	−0.032%	$47.2M	$61.5M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	189.60	−0.037%	$26.1M	$17.8M	75x	as long as short
Bitget SKHYUSDT	0.0000%	8h	189.62	−0.026%	$25.4M	$25.7M	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SKHY	0.0000%	8h	189.62	−0.028%	$1.6M	$2.5M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	189.64	−0.015%	$22K	$208K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	189.83	+0.084%	$695	$7.2M	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	0.0000%	1h	189.60	−0.037%	$46K	$259K	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	189.64	−0.016%	$155K	$401K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	189.55	−0.063%	$1.5M	$1.1M	10x	as long as short
KuCoin SKHYUSDTM	+0.0012%	8h	189.50	−0.090%	$1.1M	$282K	20x	as long as short
Lighter SKHY	+0.0032%	1h	189.54	−0.069%	$1.0M	$691K	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	189.53	−0.074%	$1.1M	$1.4M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	189.61	−0.032%	$56K	$155K	10x	as long as short
Vest SKHY-USD-PERPshort	+0.0046%	1h	189.59	−0.042%	—	$12K	10x
Popdex SKHYUSDT	+0.0048%	1h	189.57	−0.053%	$202K	$241K	20x	as long as short
tradeXYZ xyz:SKHY	+0.0050%	1h	189.53	−0.074%	$164.5M	$65.2M	10x	as long as short
Polymarket Perps SKHY-USD	+0.0050%	1h	189.55	−0.063%	$170K	$952K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	189.57	−0.053%	$42K	$13K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	189.65	−0.011%	$558K	$1.2M	10x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	189.61	−0.032%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	189.55	−0.063%	$2.2M	$415K	50x	as long as short
Coinbase International SKHY-PERP-INTX	+0.0128%	1h	189.72	+0.026%	$169K	$687K	10x	as long as short
Phoenix SKHY	+0.0380%	1h	189.87	+0.105%	$214K	$128K	10x	as long as short
Kraken Futures PF_SKHYUSD	+0.0951%	1h	189.67	+0.001%	$50K	$24K	20x	as long as short