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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0141%/8h= +15.4% APRpaid last 24h +0.025%
Price spread now: SunX against edgeX+0.046%74s7-day average +0.149% · you sell dearer than you buy
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1321.324% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.700%−$70 on $10k
Price spread, last 3 days (all we have)+0.107%+$11 · spread now +0.046%, 7d avg +0.149%
Together, before fees−0.593%+ Points / potential airdropedgeX: Active · farm board−$59 on $10k · with fees, hour by hour
Funding pays, the price is against you. SunX is 0.103% cheaper against edgeX than usual: you would sell low and buy high (spread +0.046% now, against its 7-day average of +0.149%). If the spread goes back, that is −$10 on $10k: about 2.4 days of funding at the current rate (+$4 a day). Mind the row above: over the last 7 days funding on this pair cost −0.700%, so the current rate has only just turned in your favour. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SKHYUSDC193.40−0.0141get 0.0070% / 4h3h 01m$583K$290K10x
ShortSunX SKHY-USDT193.490get 0.0000% / 8h7h 01m$708$6.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
$29.54
Price spread: +0.046% → +0.149%
−$10.3
Slippage, 4 orders
−$115.35
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$113.12
Costs to cover
1.324%
Break-even
33.8 days
Slippage from edgeX: live order book, 7 min ago; SunX: live order book, 7 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 edgeX live order book, 7 min ago1.03 bp6.0 bp −$611.0 bp −$110doesn't fitdoesn't fit
Sell SunX live order book, 7 min ago29.44 bp72.7 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
edgeX SKHYUSDClong−0.0141%4h193.40long leg$583K$290K10x
Nado SKHY-PERP−0.0024%1h193.22−0.092%$44K$20K10xas long as short
Aster SKHYUSDT0.0000%8h193.12−0.145%$248K$890K50xas long as short
Extended SKHY-USD0.0000%1h193.16−0.127%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.09−0.161%$211.3M$385.0M50xas long as short
Bybit SKHYUSDT0.0000%8h193.19−0.109%$15.7M$27.1M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.18−0.115%$46.9M$68.5M50xas long as short
Gate SKHY_USDT0.0000%8h193.12−0.146%$25.8M$18.9M75xas long as short
Variational Omni SKHY0.0000%8h193.46+0.030%$1.6M$2.3Mas long as short
SunX SKHY-USDTshort0.0000%8h193.49+0.046%$708$6.7M10x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SKHY_USDC-PERPETUAL0.0000%1h193.20−0.104%$48K$270K10xas long as short
HTX SKHY-USDT0.0000%8h193.19−0.109%$160K$376K50xas long as short
Phemex SKHYUSDT0.0000%8h193.22−0.094%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0005%1h193.17−0.120%$1.2M$5.0M10xas long as short
Lighter SKHY+0.0032%1h192.97−0.223%$1.0M$699K10xas long as short
Lighter RH SKHY+0.0032%1h192.98−0.218%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h193.31−0.047%$57K$153K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.25−0.078%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.25−0.078%$197K$258K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h193.09−0.161%$163.4M$66.7M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h193.15−0.130%$190K$454K10xas long as short
SoDEX SKHY-USD+0.0050%1h193.19−0.109%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h193.39−0.006%$542K$1.7M10xas long as short
Coinbase International SKHY-PERP-INTX+0.0088%1h193.24−0.084%$54K$870K10xas long as short
KuCoin SKHYUSDTM+0.0100%8h193.22−0.094%$1.1M$279K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.21−0.099%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.18−0.115%$2.2M$446K50xas long as short
Phoenix SKHY+0.0335%1h193.53+0.066%$218K$120K10xas long as short
GRVT SKHY_USDT_Perp+0.0406%8h193.39−0.006%$23K$192K10xas long as short
Bitget SKHYUSDT+0.0426%8h193.24−0.084%$25.7M$26.9M20xas long as short
Kraken Futures PF_SKHYUSD+0.0708%1h193.29−0.059%$51K$17K20xas long as short