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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0098%/8h= −10.8% APRpaid last 24h −0.120%
Price spread now: edgeX against SoDEX−0.044%75s7-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 fees+ Points / potential airdropedgeX: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and edgeX is 0.044% cheaper against SoDEX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SKHY-USD193.050.0050pay 0.0006% / 1h36m 18s$43K$13K10x
ShortedgeX SKHYUSDC192.97−0.0048pay 0.0024% / 4h36m 18s$582K$290K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against SoDEX. 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
−$20.63
Price spread: −0.044% → 0.000%
−$4.4
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$42.02
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; edgeX: live order book, 22 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 SoDEX no order-book sample
Sell edgeX live order book, 22 min ago1.29 bp6.3 bp −$611.6 bp −$116doesn't fitdoesn't fit
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
edgeX SKHYUSDCshort−0.0048%4h192.97−0.044%$582K$290K10x
Coinbase International SKHY-PERP-INTX−0.0048%1h192.84−0.109%$45K$861K10xas long as short
Aster SKHYUSDT0.0000%8h193.10+0.025%$249K$889K50xas long as short
Extended SKHY-USD0.0000%1h193.06+0.006%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.13+0.041%$204.4M$392.7M50xas long as short
Bybit SKHYUSDT0.0000%8h193.12+0.036%$15.7M$27.5M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.11+0.031%$46.6M$69.9M50xas long as short
Gate SKHY_USDT0.0000%8h193.07+0.010%$25.8M$18.8M75xas long as short
Variational Omni SKHY0.0000%8h193.09+0.020%$1.6M$1.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h193.09+0.020%$22K$201K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.41+0.186%$708$6.3M10xas long as short
HTX SKHY-USDT0.0000%8h193.050.000%$161K$367K50xas long as short
Phemex SKHYUSDT0.0000%8h193.13+0.041%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0015%1h193.09+0.021%$1.2M$4.1M10xas long as short
Lighter SKHY+0.0032%1h192.99−0.031%$1.0M$686K10xas long as short
Lighter RH SKHY+0.0032%1h192.98−0.036%$1.1M$1.6M10xas long as short
Arcus SKHY-USD+0.0040%1h193.02−0.016%$57K$154K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.08+0.016%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.10+0.026%$201K$255K20xas long as short
tradeXYZ xyz:SKHY+0.0048%1h193.00−0.026%$161.4M$67.7M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h193.02−0.016%$189K$456K10xas long as short
SoDEX SKHY-USDlong+0.0050%1h193.05long leg$43K$13K10x
Ondo Perps SKHY-USD.P+0.0050%1h193.03−0.010%$574K$2.3M10xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0061%1h193.15+0.052%$49K$316K10xas long as short
KuCoin SKHYUSDTM+0.0100%8h193.06+0.005%$1.1M$304K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.11+0.031%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.13+0.041%$2.2M$437K50xas long as short
Nado SKHY-PERP+0.0139%1h193.12+0.035%$38K$26K10xas long as short
Bitget SKHYUSDT+0.0159%8h193.15+0.052%$25.3M$26.9M20xas long as short
Phoenix SKHY+0.0372%1h193.09+0.021%$216K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.1058%1h193.18+0.067%$50K$18K20xas long as short