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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.010%
Price spread now: SunX against Lighter RH+0.176%7-day average +0.217% · 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 7 days−0.016%−$2 on $10k
Price spread, last 4 days (all we have)+0.050%+$5 · spread now +0.176%, 7d avg +0.217%
Together, before fees+0.034%+ Points / potential airdropLighter RH: Points live · farm board+$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.040% cheaper against Lighter RH than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.217%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH SKHY186.980.0032pay 0.0004% / 1h24m 05s$1.0M$1.6M10x
ShortSunX SKHY-USDT187.310get 0.0000% / 8h2h 24m$686$6.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Lighter RH. 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
−$6.72
Price spread: +0.176% → +0.217%
−$4.04
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee SunX: 4 bp × 2 orders
−$8
Net
−$18.76
Costs to cover
0.080%
Break-even
never at this rate
Slippage unknown: Lighter RH: live order book, 4 min ago; SunX: live order book, 5 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 Lighter RH live order book, 4 min ago1.88 bp3.1 bp −$310.2 bp −$102doesn't fitdoesn't fit
Sell SunX live order book, 5 min ago900.36 bpdoesn't fitdoesn'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−0.1104%8h187.22+0.128%$24.8M$30.7M20xas long as short
edgeX SKHYUSDC−0.0321%4h186.14−0.449%$561K$290K10xas long as short
Deribit SKHY_USDC-PERPETUAL−0.0124%1h187.06+0.043%$48K$335K10xas long as short
Nado SKHY-PERP−0.0114%1h187.04+0.033%$33K$28K10xas long as short
tradeXYZ xyz:SKHY−0.0086%1h186.99+0.005%$158.1M$73.2M10xas long as short
Polymarket Perps SKHY-USD−0.0063%1h186.81−0.091%$181K$487K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0024%1h186.71−0.144%$47K$875K10xas long as short
QFEX SKHY-USD−0.0014%1h186.85−0.070%$1.2M$4.1M10xas long as short
Lighter SKHY0.0000%1h187.07+0.048%$911K$988K10xas long as short
Aster SKHYUSDT0.0000%8h186.96−0.011%$228K$913K50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended SKHY-USD0.0000%1h186.98+0.001%$54K$7K10xas long as short
Binance SKHYUSDT0.0000%8h187.03+0.029%$199.2M$428.3M50xas long as short
Bybit SKHYUSDT0.0000%8h187.14+0.086%$15.8M$30.0M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h187.14+0.086%$44.4M$75.9M50xas long as short
Gate SKHY_USDT0.0000%8h186.97−0.005%$25.2M$20.5M75xas long as short
Variational Omni SKHY0.0000%8h186.47−0.270%$1.6M$1.0Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h186.54−0.235%$22K$220K10xas long as short
SunX SKHY-USDTshort0.0000%8h187.31+0.176%$686$6.2M10x
HTX SKHY-USDT0.0000%8h186.91−0.037%$155K$371K50xas long as short
Phemex SKHYUSDT0.0000%8h187.04+0.032%$1.5M$1.1M10xas long as short
Ondo Perps SKHY-USD.P+0.0028%1h186.72−0.139%$514K$2.6M10xas long as short
Lighter RH SKHYlong+0.0032%1h186.98long leg$1.0M$1.6M10x
Arcus SKHY-USD+0.0040%1h186.54−0.235%$58K$164K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h186.95−0.016%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h186.85−0.070%$194K$272K20xas long as short
SoDEX SKHY-USD+0.0050%1h186.78−0.107%$41K$13K10xas long as short
KuCoin SKHYUSDTM+0.0100%8h186.93−0.027%$1.1M$320K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h186.90−0.043%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h186.69−0.155%$2.1M$410K50xas long as short
Phoenix SKHY+0.0254%1h187.06+0.043%$210K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0262%1h186.96−0.010%$47K$19K20xas long as short