Funding arb · Price arb /

SKHY

RWAall SKHY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against GRVT−0.025%7-day average — · you buy dearer than you sell

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

Long on GRVT Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

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

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

Funding pays, the price is against you. Vest is 0.025% cheaper against GRVT than usual: you would sell low and buy high (spread −0.025% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 44 hours of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	GRVT SKHY_USDT_Perp	186.52	0	get 0.0000% / 8h	1h 17m	$22K	$230K	10x
Short	Vest SKHY-USD-PERP	186.47	0.0046	get 0.0006% / 1h	17m 22s	—	$25K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee GRVTbpFee VestbpOrdersPrice spread, now −0.025%Rate

Funding earned: $9.59
Price spread: −0.025% → 0.000%: −$2.54
Slippage, 4 orders: no order book: not counted
Fee GRVT: 4.5 bp × 2 orders: −$9
Fee Vest: 1 bp × 2 orders: −$2
Net: −$3.94
Costs to cover: 0.110%
Break-even: 9.9 days

Slippage unknown: GRVT: live order book, 25 min ago; Vest: 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 GRVT live order book, 25 min ago	1.07 bp	6.1 bp −$6	10.8 bp −$108	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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	−0.1304%	8h	186.66	+0.077%	$25.1M	$31.8M	20x	as long as short
edgeX SKHYUSDC	−0.0904%	4h	186.46	−0.029%	$562K	$291K	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	−0.0233%	1h	186.41	−0.058%	$49K	$343K	10x	as long as short
Popdex SKHYUSDT	−0.0200%	1h	186.42	−0.052%	$197K	$275K	20x	as long as short
Nado SKHY-PERP	−0.0194%	1h	186.48	−0.022%	$33K	$28K	10x	as long as short
tradeXYZ xyz:SKHY	−0.0191%	1h	186.35	−0.090%	$158.3M	$74.8M	10x	as long as short
Polymarket Perps SKHY-USD	−0.0174%	1h	186.28	−0.127%	$180K	$487K	10x	as long as short
Kraken Futures PF_SKHYUSD	−0.0139%	1h	186.50	−0.009%	$48K	$21K	20x	as long as short
Lighter SKHY	−0.0104%	1h	186.31	−0.111%	$954K	$1.2M	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0104%	1h	187.75	+0.661%	$63K	$901K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps SKHY-USD.P	−0.0050%	1h	186.42	−0.052%	$515K	$2.6M	10x	as long as short
QFEX SKHY-USD	−0.0049%	1h	186.37	−0.079%	$1.2M	$4.2M	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	186.53	+0.007%	$226K	$919K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	186.32	−0.107%	$54K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	186.36	−0.084%	$198.8M	$440.4M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	186.41	−0.058%	$15.9M	$28.9M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	186.37	−0.079%	$44.5M	$77.7M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	186.39	−0.068%	$25.5M	$20.6M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	186.64	+0.067%	$1.6M	$1.0M	—	as long as short
GRVT SKHY_USDT_Perplong	0.0000%	8h	186.52	long leg	$22K	$230K	10x
SunX SKHY-USDT	0.0000%	8h	186.67	+0.082%	$683	$6.1M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	186.46	−0.031%	$155K	$367K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	186.55	+0.018%	$1.5M	$1.1M	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	186.31	−0.111%	$1.1M	$1.6M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	186.52	+0.001%	$60K	$168K	10x	as long as short
Vest SKHY-USD-PERPshort	+0.0046%	1h	186.47	−0.025%	—	$25K	10x
SoDEX SKHY-USD	+0.0050%	1h	186.38	−0.074%	$41K	$13K	10x	as long as short
KuCoin SKHYUSDTM	+0.0064%	8h	186.50	−0.009%	$1.1M	$325K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	186.36	−0.084%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	186.49	−0.015%	$2.1M	$421K	50x	as long as short
Phoenix SKHY	+0.0213%	1h	186.95	+0.232%	$209K	$115K	10x	as long as short