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−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: SoDEX against Orderly−0.064%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SoDEX is 0.064% cheaper against Orderly than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_SKHY_USDC_mythos186.540.0100pay 0.0100% / 8h2h 25m$2K$4K10x
ShortSoDEX SKHY-USD186.420.0050get 0.0006% / 1h25m 32s$41K$13K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Orderly. 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
−$10.5
Price spread: −0.064% → 0.000%
−$6.43
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$30.93
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; SoDEX: 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 Orderly no order-book sample
Sell SoDEX no order-book sample
Orderly and SoDEX: 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
Bitget SKHYUSDT−0.1086%8h186.89+0.188%$24.8M$30.7M20xas long as short
edgeX SKHYUSDC−0.0321%4h186.14−0.214%$561K$290K10xas long as short
Deribit SKHY_USDC-PERPETUAL−0.0179%1h186.53−0.005%$48K$335K10xas long as short
Nado SKHY-PERP−0.0108%1h186.52−0.010%$33K$28K10xas long as short
tradeXYZ xyz:SKHY−0.0084%1h186.66+0.064%$157.8M$73.3M10xas long as short
Polymarket Perps SKHY-USD−0.0064%1h186.36−0.096%$180K$487K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0024%1h186.71+0.091%$47K$875K10xas long as short
QFEX SKHY-USD−0.0014%1h186.78+0.129%$1.2M$4.1M10xas long as short
Lighter SKHY0.0000%1h186.66+0.064%$911K$974K10xas long as short
Aster SKHYUSDT0.0000%8h186.74+0.105%$228K$910K50xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended SKHY-USD0.0000%1h186.63+0.050%$54K$7K10xas long as short
Binance SKHYUSDT0.0000%8h186.74+0.105%$198.9M$426.7M50xas long as short
Bybit SKHYUSDT0.0000%8h186.81+0.145%$15.7M$30.0M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h186.79+0.134%$44.3M$75.7M50xas long as short
Gate SKHY_USDT0.0000%8h186.63+0.048%$25.2M$20.5M75xas long as short
Variational Omni SKHY0.0000%8h186.47−0.035%$1.6M$1.0Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h186.540.000%$22K$220K10xas long as short
SunX SKHY-USDT0.0000%8h186.85+0.166%$684$6.2M10xas long as short
HTX SKHY-USDT0.0000%8h186.38−0.086%$155K$371K50xas long as short
Phemex SKHYUSDT0.0000%8h186.55+0.005%$1.5M$1.1M10xas long as short
Ondo Perps SKHY-USD.P+0.0030%1h186.56+0.011%$514K$2.6M10xas long as short
Lighter RH SKHY+0.0032%1h186.61+0.038%$1.0M$1.6M10xas long as short
Arcus SKHY-USD+0.0040%1h186.46−0.043%$58K$164K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h186.45−0.048%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h186.80+0.139%$193K$272K20xas long as short
SoDEX SKHY-USDshort+0.0050%1h186.42−0.064%$41K$13K10x
KuCoin SKHYUSDTM+0.0100%8h186.67+0.070%$1.1M$319K20xas long as short
Orderly PERP_SKHY_USDC_mythoslong+0.0100%8h186.54long leg$2K$4K10x
BloFin SKHY-USDT+0.0120%8h186.29−0.134%$2.2M$408K50xas long as short
Phoenix SKHY+0.0254%1h187.06+0.279%$210K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0262%1h186.60+0.031%$47K$19K20xas long as short