Settings8H · net · $10k
Funding arb · Price arb /

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0906%/8h= +99.2% APRpaid last 24h +0.040%
Price spread now: Ondo Perps against edgeX−0.069%54s7-day average −0.021% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.617%−$62 on $10k
Price spread, last 4 days (all we have)−0.786%−$79 · spread now −0.069%, 7d avg −0.021%
Together, before fees−1.403%+ Points / potential airdropedgeX: Active · Ondo Perps: Active · farm board−$140 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.047% cheaper against edgeX than usual: you would sell low and buy high (spread −0.069% now, against its 7-day average of −0.021%). If the spread goes back, that is −$5 on $10k: about 4 hours of funding at the current rate (+$27 a day). Mind the row above: over the last 7 days funding on this pair cost −0.617%, so the current rate has only just turned in your favour. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.617% in total (about -32.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SKHYUSDC192.53−0.0856get 0.0428% / 4h2h 17m$580K$290K10x
ShortOndo Perps SKHY-USD.P192.400.0050get 0.0006% / 1h17m 46s$532K$1.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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

Funding earned
$190.24
Price spread: −0.069% → −0.021%
−$4.72
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$171.52
Costs to cover
0.140%
Break-even
0.7 days
Slippage unknown: edgeX: live order book, 51 min ago; Ondo Perps: 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
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 51 min ago1.03 bp6.0 bp −$611.0 bp −$110doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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 30 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
edgeX SKHYUSDClong−0.0856%4h192.53long leg$580K$290K10x
Coinbase International SKHY-PERP-INTX−0.0072%1h192.90+0.191%$45K$874K10xas long as short
Aster SKHYUSDT0.0000%8h192.54+0.004%$248K$890K50xas long as short
Extended SKHY-USD0.0000%1h192.49−0.024%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h192.54+0.004%$209.1M$386.2M50xas long as short
Bybit SKHYUSDT0.0000%8h192.57+0.020%$15.6M$27.3M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h192.55+0.009%$46.6M$69.1M50xas long as short
Gate SKHY_USDT0.0000%8h192.49−0.022%$25.8M$18.9M75xas long as short
Variational Omni SKHY0.0000%8h192.52−0.007%$1.6M$2.0Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h192.90+0.193%$22K$193K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h192.77+0.124%$706$6.5M10xas long as short
HTX SKHY-USDT0.0000%8h192.54+0.004%$160K$376K50xas long as short
Phemex SKHYUSDT0.0000%8h192.49−0.022%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0002%1h192.43−0.053%$1.2M$4.4M10xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0010%1h192.60+0.035%$48K$272K10xas long as short
Lighter SKHY+0.0032%1h192.44−0.048%$1.0M$687K10xas long as short
Lighter RH SKHY+0.0032%1h192.47−0.032%$1.1M$1.5M10xas long as short
Nado SKHY-PERP+0.0033%1h192.45−0.042%$38K$26K10xas long as short
Arcus SKHY-USD+0.0040%1h192.54+0.004%$57K$155K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h192.45−0.043%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h192.47−0.032%$198K$256K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h192.47−0.032%$162.0M$66.3M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h192.40−0.069%$188K$456K10xas long as short
SoDEX SKHY-USD+0.0050%1h192.40−0.069%$43K$13K10xas long as short
Ondo Perps SKHY-USD.Pshort+0.0050%1h192.40−0.069%$532K$1.9M10x
KuCoin SKHYUSDTM+0.0100%8h192.57+0.020%$1.1M$284K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h192.50−0.017%$2K$4K10xas long as short
Bitget SKHYUSDT+0.0271%8h192.55+0.009%$25.5M$26.4M20xas long as short
Phoenix SKHY+0.0331%1h192.70+0.087%$216K$123K10xas long as short
Kraken Futures PF_SKHYUSD+0.0708%1h192.59+0.032%$51K$17K20xas long as short