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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0756%/8h= +82.8% APRpaid last 24h +0.201%
Price spread now: Variational Omni against edgeX+0.092%59s7-day average +0.005% · you sell dearer than you buy
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 4 days (all we have)−0.234%−$23 on $10k
Price spread, last 4 days (all we have)−0.144%−$14 · spread now +0.092%, 7d avg +0.005%
Together, before fees−0.378%+ Points / potential airdropedgeX: Active · Variational Omni: Active · farm board−$38 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$23 a day on $10k at the current rate, and Variational Omni is 0.087% dearer against edgeX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.005%. Mind the row above: over the last 4 days funding on this pair cost −0.234%, so the current rate has only just turned in your favour. The two prices were read 59 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 4 days it paid -0.234% in total (about -23.2% 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 SKHYUSDC184.05−0.0780get 0.0390% / 4h3h 26m$555K$291K10x
ShortVariational Omni SKHY184.21−0.0024pay 0.0024% / 8h7h 26m$1.6M$1.0M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
$158.78
Price spread: +0.092% → +0.005%
$8.68
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$158.46
Costs to cover
0.090%
Break-even
0.0 days
Slippage unknown: edgeX: live order book, 7 min ago; Variational Omni: RFQ quote, 3 min ago. 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, 7 min ago1.36 bp6.2 bp −$611.4 bp −$114doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 3 min ago2.23 bpdoesn't fit4.5 bp −$45doesn'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
Bitget SKHYUSDT−0.1184%8h184.27+0.122%$25.4M$34.9M20xas long as short
edgeX SKHYUSDClong−0.0780%4h184.05long leg$555K$291K10x
GRVT SKHY_USDT_Perp−0.0485%8h184.07+0.013%$22K$245K10xas long as short
KuCoin SKHYUSDTM−0.0250%8h184.08+0.019%$1.1M$372K20xas long as short
tradeXYZ xyz:SKHY−0.0064%1h184.11+0.035%$156.0M$78.3M10xas long as short
Extended SKHY-USD−0.0064%1h184.21+0.088%$53K$7K10xas long as short
Binance SKHYUSDT−0.0063%8h184.24+0.105%$195.4M$464.5M50xas long as short
Bybit SKHYUSDT−0.0057%8h184.31+0.144%$16.0M$33.2M100xas long as short
Nado SKHY-PERP−0.0041%1h184.36+0.170%$32K$28K10xas long as short
HTX SKHY-USDT−0.0032%8h184.14+0.051%$153K$375K50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX SKHY-USD−0.0028%1h184.23+0.100%$1.2M$4.4M10xas long as short
Variational Omni SKHYshort−0.0024%8h184.21+0.092%$1.6M$1.0M
Aster SKHYUSDT0.0000%8h184.09+0.025%$265K$951K50xas long as short
OKX SKHY-USDT-SWAP0.0000%8h184.17+0.068%$43.6M$81.6M50xas long as short
Gate SKHY_USDT0.0000%8h184.12+0.040%$25.5M$21.6M75xas long as short
SunX SKHY-USDT0.0000%8h184.60+0.301%$675$5.9M10xas long as short
Phemex SKHYUSDT0.0000%8h184.27+0.122%$1.5M$1.1M10xas long as short
Ondo Perps SKHY-USD.P+0.0002%1h184.10+0.030%$511K$2.6M10xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0021%1h184.45+0.220%$47K$353K10xas long as short
Coinbase International SKHY-PERP-INTX+0.0024%1h183.79−0.139%$66K$756K10xas long as short
Lighter SKHY+0.0032%1h184.28+0.127%$978K$1.3M10xas long as short
Lighter RH SKHY+0.0032%1h184.24+0.106%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h184.22+0.095%$59K$173K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h184.18+0.073%$38K10xas long as short
Popdex SKHYUSDT+0.0048%1h184.21+0.089%$198K$295K20xas long as short
Polymarket Perps SKHY-USD+0.0050%1h184.25+0.111%$178K$451K10xas long as short
SoDEX SKHY-USD+0.0050%1h184.01−0.019%$41K$12K10xas long as short
BloFin SKHY-USDT+0.0055%8h184.29+0.133%$2.1M$441K50xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h184.26+0.116%$2K$4K10xas long as short
Kraken Futures PF_SKHYUSD+0.0172%1h184.35+0.166%$47K$20K20xas long as short
Phoenix SKHY+0.0215%1h183.94−0.057%$206K$123K10xas long as short