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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against GRVT+0.096%7-day average +0.127% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$138as in the Price arb table
costs, in and out, $10k−$1351.346% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.017%−$2 on $10k
Price spread, last 4 days (all we have)+0.039%+$4 · spread now +0.096%, 7d avg +0.127%
Together, before fees+0.023%+ Points / potential airdropGRVT: Active · farm board+$2 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.031% cheaper against GRVT than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.127%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT SKHY_USDT_Perp186.650get 0.0000% / 8h1h 41m$22K$228K10x
ShortSunX SKHY-USDT186.830get 0.0000% / 8h1h 41m$684$6.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against GRVT. 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
$0
Price spread: +0.096% → +0.127%
−$3.13
Slippage, 4 orders
−$117.62
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee SunX: 4 bp × 2 orders
−$8
Net
−$137.75
Costs to cover
1.346%
Break-even
never at this rate
Slippage from GRVT: live order book, 1 min ago; SunX: live order book, 8 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 GRVT live order book, 1 min ago1.07 bp6.1 bp −$610.8 bp −$108doesn't fitdoesn't fit
Sell SunX live order book, 8 min ago29.57 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
Bitget SKHYUSDT−0.1134%8h186.74+0.047%$25.0M$31.7M20xas long as short
edgeX SKHYUSDC−0.0246%4h187.00+0.186%$564K$292K10xas long as short
Nado SKHY-PERP−0.0186%1h186.76+0.059%$33K$28K10xas long as short
tradeXYZ xyz:SKHY−0.0183%1h186.58−0.038%$158.3M$74.3M10xas long as short
Deribit SKHY_USDC-PERPETUAL−0.0178%1h186.64−0.006%$48K$340K10xas long as short
Polymarket Perps SKHY-USD−0.0172%1h186.52−0.070%$180K$487K10xas long as short
Popdex SKHYUSDT−0.0152%1h186.60−0.028%$197K$274K20xas long as short
Lighter SKHY−0.0144%1h186.56−0.049%$962K$1.1M10xas long as short
Kraken Futures PF_SKHYUSD−0.0139%1h186.77+0.061%$47K$19K20xas long as short
Coinbase International SKHY-PERP-INTX−0.0104%1h187.75+0.589%$63K$902K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX SKHY-USD−0.0049%1h186.64−0.006%$1.2M$4.1M10xas long as short
Ondo Perps SKHY-USD.P−0.0037%1h186.48−0.092%$514K$2.6M10xas long as short
Aster SKHYUSDT0.0000%8h186.76+0.059%$226K$916K50xas long as short
Extended SKHY-USD0.0000%1h186.54−0.061%$54K$7K10xas long as short
Binance SKHYUSDT0.0000%8h186.60−0.025%$199.3M$438.1M50xas long as short
Bybit SKHYUSDT0.0000%8h186.62−0.017%$15.8M$29.3M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h186.58−0.038%$44.6M$77.5M50xas long as short
Gate SKHY_USDT0.0000%8h186.56−0.049%$25.2M$20.2M75xas long as short
Variational Omni SKHY0.0000%8h186.53−0.064%$1.6M$1.0Mas long as short
GRVT SKHY_USDT_Perplong0.0000%8h186.65long leg$22K$228K10x
SunX SKHY-USDTshort0.0000%8h186.83+0.096%$684$6.1M10x
HTX SKHY-USDT0.0000%8h186.48−0.092%$155K$367K50xas long as short
Phemex SKHYUSDT0.0000%8h186.62−0.017%$1.5M$1.1M10xas long as short
Lighter RH SKHY+0.0032%1h186.53−0.065%$1.1M$1.6M10xas long as short
Arcus SKHY-USD+0.0040%1h186.78+0.069%$58K$165K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h186.73+0.042%$24K10xas long as short
SoDEX SKHY-USD+0.0050%1h186.62−0.017%$41K$13K10xas long as short
KuCoin SKHYUSDTM+0.0100%8h186.73+0.042%$1.1M$328K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h186.52−0.070%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h186.59−0.033%$2.2M$419K50xas long as short
Phoenix SKHY+0.0213%1h187.04+0.208%$210K$115K10xas long as short