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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.4% APRpaid last 24h 0.000%
Price spread now: Orderly against Ondo Perps+0.053%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Orderly is 0.053% dearer against Ondo Perps than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps SKHY-USD.P189.520.0050pay 0.0006% / 1h15m 54s$558K$1.2M10x
ShortOrderly PERP_SKHY_USDC_mythos189.620.0100get 0.0100% / 8h15m 54s$2K$4K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Ondo Perps. 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
$10.42
Price spread: +0.053% → 0.000%
$5.28
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Orderly: 3 bp × 2 orders
−$6
Net
$4.69
Costs to cover
0.110%
Break-even
3.8 days
Slippage unknown: Ondo Perps: no order-book sample; Orderly: 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
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell Orderly no order-book sample
Ondo Perps and Orderly: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SKHYUSDC−0.0826%4h189.63+0.057%$572K$290K10xas long as short
Nado SKHY-PERP−0.0042%1h189.68+0.085%$28K$2K10xas long as short
QFEX SKHY-USD0.0000%1h189.60+0.042%$1.2M$5.3M10xas long as short
Aster SKHYUSDT0.0000%8h189.65+0.069%$252K$903K50xas long as short
Extended SKHY-USD0.0000%1h189.59+0.036%$55K$4K10xas long as short
Binance SKHYUSDT0.0000%8h189.62+0.052%$212.1M$377.9M50xas long as short
Bybit SKHYUSDT0.0000%8h189.69+0.090%$15.7M$27.0M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h189.63+0.058%$47.1M$61.2M50xas long as short
Gate SKHY_USDT0.0000%8h189.61+0.047%$26.1M$17.8M75xas long as short
Bitget SKHYUSDT0.0000%8h189.65+0.069%$25.4M$25.7M20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SKHY0.0000%8h189.62+0.051%$1.6M$2.5Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h189.67+0.079%$22K$208K10xas long as short
SunX SKHY-USDT0.0000%8h189.90+0.201%$695$7.2M10xas long as short
Deribit SKHY_USDC-PERPETUAL0.0000%1h189.63+0.058%$46K$258K10xas long as short
HTX SKHY-USDT0.0000%8h189.64+0.063%$155K$401K50xas long as short
Phemex SKHYUSDT0.0000%8h189.61+0.047%$1.5M$1.1M10xas long as short
KuCoin SKHYUSDTM+0.0012%8h189.54+0.011%$1.1M$283K20xas long as short
Lighter SKHY+0.0032%1h189.56+0.021%$1.0M$689K10xas long as short
Lighter RH SKHY+0.0032%1h189.54+0.011%$1.1M$1.4M10xas long as short
Arcus SKHY-USD+0.0040%1h189.65+0.069%$56K$155K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h189.61+0.047%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h189.62+0.053%$202K$241K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h189.59+0.037%$164.5M$65.2M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h189.56+0.021%$170K$952K10xas long as short
SoDEX SKHY-USD+0.0050%1h189.59+0.037%$42K$13K10xas long as short
Ondo Perps SKHY-USD.Plong+0.0050%1h189.52long leg$558K$1.2M10x
Orderly PERP_SKHY_USDC_mythosshort+0.0100%8h189.62+0.053%$2K$4K10x
BloFin SKHY-USDT+0.0120%8h189.67+0.079%$2.2M$415K50xas long as short
Coinbase International SKHY-PERP-INTX+0.0128%1h189.72+0.106%$169K$687K10xas long as short
Phoenix SKHY+0.0380%1h189.87+0.185%$214K$128K10xas long as short
Kraken Futures PF_SKHYUSD+0.0951%1h189.67+0.078%$50K$24K20xas long as short