Funding arb · Price arb /

SKHY

RWAall SKHY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0393%/8h= +43.0% APRpaid last 24h +0.025%

Price spread now: Binance against edgeX+0.209%7-day average +0.007% · you sell dearer than you buy

Net, funding: paid 7d − costs−$95as in the Funding arb table

Net, price: spread back to 7d avg − costs−$3as in the Price arb table

costs, in and out, $10k−$230.230% of the position

Long on edgeX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.720%−$72 on $10k

Price spread, last 2 days (all we have)−0.194%−$19 · spread now +0.209%, 7d avg +0.007%

Together, before fees−0.914%+ Points / potential airdropedgeX: Active · farm board−$91 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Binance is 0.202% dearer against edgeX than usual: you sell high and buy low: +$20 more if the spread goes back to its 7-day average of +0.007%. Mind the row above: over the last 7 days funding on this pair cost −0.720%, so the current rate has only just turned in your favour.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX SKHYUSDC	192.47	−0.0393	get 0.0197% / 4h	3h 29m	$580K	$291K	10x
Short	Binance SKHYUSDT	192.87	0	get 0.0000% / 8h	7h 29m	$212.3M	$381.7M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against edgeX. 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 edgeXbpFee BinancebpOrdersPrice spread, now +0.209%Rate

Funding earned: $82.53
Price spread: +0.209% → +0.007%: $20.17
Slippage, 4 orders: −$4.04
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: $79.66
Costs to cover: 0.230%
Break-even: 0.2 days

Slippage from edgeX: live order book, 45 min ago; Binance: live order book, 14 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 edgeX live order book, 45 min ago	1.06 bp	5.9 bp −$6	11.0 bp −$110	doesn't fit	doesn't fit
Sell Binance live order book, 14 min ago	0.26 bp	5.9 bp −$6	8.3 bp −$83	22.5 bp −$2,253	94.7 bp −$47.3K

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 SKHYUSDClong	−0.0393%	4h	192.47	long leg	$580K	$291K	10x
Nado SKHY-PERP	−0.0008%	1h	192.57	+0.053%	$29K	$2K	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	192.52	+0.029%	$248K	$921K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	192.77	+0.155%	$56K	$6K	10x	as long as short
Binance SKHYUSDTshort	0.0000%	8h	192.87	+0.209%	$212.3M	$381.7M	50x
Bybit SKHYUSDT	0.0000%	8h	192.91	+0.229%	$15.7M	$27.1M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	192.93	+0.239%	$47.1M	$67.2M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	192.67	+0.104%	$25.9M	$18.2M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	192.49	+0.008%	$1.6M	$2.3M	—	as long as short
SunX SKHY-USDT	0.0000%	8h	193.11	+0.333%	$707	$6.8M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
HTX SKHY-USDT	0.0000%	8h	192.71	+0.125%	$160K	$386K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	192.88	+0.213%	$1.5M	$1.1M	10x	as long as short
QFEX SKHY-USD	+0.0005%	1h	192.67	+0.104%	$1.2M	$5.0M	10x	as long as short
Lighter SKHY	+0.0032%	1h	192.76	+0.151%	$1.0M	$666K	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	192.75	+0.145%	$1.1M	$1.5M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	192.55	+0.042%	$57K	$154K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	192.68	+0.109%	—	$12K	10x	as long as short
Popdex SKHYUSDT	+0.0048%	1h	192.71	+0.125%	$197K	$257K	20x	as long as short
Polymarket Perps SKHY-USD	+0.0050%	1h	192.63	+0.083%	$190K	$454K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	192.57	+0.052%	$552K	$1.7M	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	+0.0061%	1h	192.83	+0.187%	$47K	$267K	10x	as long as short
SoDEX SKHY-USD	+0.0071%	1h	192.67	+0.104%	$43K	$13K	10x	as long as short
Coinbase International SKHY-PERP-INTX	+0.0088%	1h	192.17	−0.156%	$117K	$803K	10x	as long as short
KuCoin SKHYUSDTM	+0.0100%	8h	192.58	+0.057%	$1.1M	$275K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	192.79	+0.166%	$2K	$4K	10x	as long as short
tradeXYZ xyz:SKHY	+0.0108%	1h	192.66	+0.099%	$165.4M	$63.9M	10x	as long as short
Bitget SKHYUSDT	+0.0119%	8h	192.66	+0.099%	$25.6M	$26.5M	20x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	192.88	+0.213%	$2.2M	$426K	50x	as long as short
Phoenix SKHY	+0.0335%	1h	192.76	+0.151%	$217K	$120K	10x	as long as short
GRVT SKHY_USDT_Perp	+0.0378%	8h	192.50	+0.013%	$22K	$197K	10x	as long as short
Kraken Futures PF_SKHYUSD	+0.0709%	1h	192.90	+0.223%	$51K	$25K	20x	as long as short