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 Phemex+0.119%7-day average +0.136% · you sell dearer than you buy
Net, funding: paid 7d − costs−$216as in the Funding arb table
Net, price: spread back to 7d avg − costs−$218as in the Price arb table
costs, in and out, $10k−$2162.164% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 3 days (all we have)+0.042%+$4 · spread now +0.119%, 7d avg +0.136%
Together, before fees+0.042%+$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex SKHYUSDT192.740get 0.0000% / 8h6h 38m$1.5M$1.1M10x
ShortSunX SKHY-USDT192.970get 0.0000% / 8h6h 38m$706$6.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Phemex. 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: +0.119% → +0.136%
−$1.63
Slippage, 4 orders
−$196.41
Fee Phemex: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$218.05
Costs to cover
2.164%
Break-even
never at this rate
Slippage from Phemex: live order book, 4 min ago; SunX: live order book, 10 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 Phemex live order book, 4 min ago2.33 bp54.8 bp −$55doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 10 min ago29.48 bp72.9 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
edgeX SKHYUSDC−0.0332%4h192.69−0.026%$581K$289K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0072%1h192.90+0.083%$45K$874K10xas long as short
Aster SKHYUSDT0.0000%8h192.74−0.002%$248K$890K50xas long as short
Extended SKHY-USD0.0000%1h192.65−0.047%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h192.70−0.022%$210.0M$385.2M50xas long as short
Bybit SKHYUSDT0.0000%8h192.71−0.016%$15.6M$27.2M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h192.84+0.052%$46.8M$69.0M50xas long as short
Gate SKHY_USDT0.0000%8h192.69−0.026%$25.8M$18.8M75xas long as short
Variational Omni SKHY0.0000%8h192.94+0.101%$1.6M$2.2Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h192.94+0.104%$22K$192K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDTshort0.0000%8h192.97+0.119%$706$6.6M10x
Deribit SKHY_USDC-PERPETUAL0.0000%1h192.740.000%$48K$270K10xas long as short
HTX SKHY-USDT0.0000%8h192.80+0.031%$160K$376K50xas long as short
Phemex SKHYUSDTlong0.0000%8h192.74long leg$1.5M$1.1M10x
QFEX SKHY-USD+0.0002%1h192.63−0.057%$1.2M$4.6M10xas long as short
Nado SKHY-PERP+0.0022%1h192.66−0.044%$42K$21K10xas long as short
Lighter SKHY+0.0032%1h192.66−0.042%$1.0M$683K10xas long as short
Lighter RH SKHY+0.0032%1h192.62−0.062%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h192.81+0.036%$57K$154K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h192.70−0.021%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h192.68−0.031%$197K$256K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h192.740.000%$162.9M$65.2M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h192.60−0.073%$188K$456K10xas long as short
SoDEX SKHY-USD+0.0050%1h192.69−0.026%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h192.91+0.088%$533K$1.8M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h192.72−0.010%$1.1M$279K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h192.740.000%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.08+0.176%$2.3M$445K50xas long as short
Phoenix SKHY+0.0331%1h192.94+0.104%$216K$123K10xas long as short
Bitget SKHYUSDT+0.0368%8h192.82+0.042%$25.5M$26.4M20xas long as short
Kraken Futures PF_SKHYUSD+0.0707%1h192.74+0.001%$51K$17K20xas long as short