Funding arb · Price arb /

SKHY

RWAall SKHY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0625%/8h= +68.4% APRpaid last 24h +0.164%

Price spread now: Extended against edgeX−0.177%93s7-day average — · you buy dearer than you sell

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

Long on edgeX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days−0.616%−$62 on $10k

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

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

Funding pays, the price is against you. Extended is 0.177% cheaper against edgeX than usual: you would sell low and buy high (spread −0.177% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$18 on $10k: about 23 hours of funding at the current rate (+$19 a day). Mind the row above: over the last 7 days funding on this pair cost −0.616%, so the current rate has only just turned in your favour. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX SKHYUSDC	187.40	−0.0625	get 0.0312% / 4h	1h 47m	$565K	$291K	10x
Short	Extended SKHY-USD	187.07	0	get 0.0000% / 1h	47m 59s	$55K	$7K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 ExtendedbpOrdersPrice spread, now −0.177%Rate

Funding earned: $131.22
Price spread: −0.177% → 0.000%: −$17.67
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $99.54
Costs to cover: 0.140%
Break-even: 1.7 days

Slippage unknown: edgeX: live order book, 61 min ago; Extended: 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 edgeX live order book, 61 min ago	5.56 bp	11.0 bp −$11	15.1 bp −$151	doesn't fit	doesn't fit
Sell Extended no order-book sample	—	—	—	—	—

Extended: 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
Bitget SKHYUSDT	−0.1064%	8h	187.57	+0.091%	$25.1M	$31.6M	20x	as long as short
edgeX SKHYUSDClong	−0.0625%	4h	187.40	long leg	$565K	$291K	10x
Deribit SKHY_USDC-PERPETUAL	−0.0498%	1h	187.13	−0.144%	$48K	$338K	10x	as long as short
tradeXYZ xyz:SKHY	−0.0170%	1h	187.15	−0.133%	$158.8M	$74.1M	10x	as long as short
Nado SKHY-PERP	−0.0164%	1h	187.41	+0.005%	$33K	$28K	10x	as long as short
Polymarket Perps SKHY-USD	−0.0146%	1h	187.18	−0.117%	$181K	$487K	10x	as long as short
Kraken Futures PF_SKHYUSD	−0.0139%	1h	187.28	−0.063%	$47K	$19K	20x	as long as short
Lighter SKHY	−0.0136%	1h	187.08	−0.170%	$944K	$1.1M	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0104%	1h	187.75	+0.187%	$63K	$902K	10x	as long as short
Popdex SKHYUSDT	−0.0088%	1h	187.25	−0.080%	$197K	$274K	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SKHY-USD	−0.0049%	1h	187.28	−0.064%	$1.2M	$4.1M	10x	as long as short
Ondo Perps SKHY-USD.P	−0.0005%	1h	187.61	+0.112%	$516K	$2.6M	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	187.29	−0.059%	$227K	$916K	50x	as long as short
Extended SKHY-USDshort	0.0000%	1h	187.07	−0.177%	$55K	$7K	10x
Binance SKHYUSDT	0.0000%	8h	187.12	−0.149%	$200.3M	$436.0M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	187.19	−0.112%	$15.9M	$30.0M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	187.16	−0.128%	$44.7M	$77.6M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	187.17	−0.122%	$25.3M	$20.2M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	187.49	+0.051%	$1.6M	$1.0M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	187.56	+0.086%	$22K	$227K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	187.52	+0.064%	$686	$6.1M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	187.07	−0.176%	$155K	$369K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	187.19	−0.112%	$1.5M	$1.1M	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	187.08	−0.170%	$1.1M	$1.6M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	187.54	+0.075%	$58K	$164K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	187.48	+0.043%	—	$23K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	187.18	−0.117%	$41K	$13K	10x	as long as short
KuCoin SKHYUSDTM	+0.0100%	8h	187.30	−0.053%	$1.1M	$326K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	187.17	−0.122%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	187.52	+0.064%	$2.2M	$420K	50x	as long as short
Phoenix SKHY	+0.0213%	1h	187.59	+0.102%	$210K	$115K	10x	as long as short