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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.1271%/8h= −139.2% APRnext payment $12.71 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against SunX−0.021%7-day average −0.134% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1371.369% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.036%+$4 on $10k
Price spread, last 4 days (all we have)−0.103%−$10 · spread now −0.021%, 7d avg −0.134%
Together, before fees−0.068%−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.113% dearer against SunX than usual: you sell high and buy low (spread −0.021% now, against its 7-day average of −0.134%): +$11 on $10k if it goes back. Holding the pair costs −$38 a day in funding at the current rate, which eats that in about 7 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.036% in total (about 1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about $12.71 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SKHY-USDT186.680get 0.0000% / 8h1h 30m$683$6.1M10x
ShortBitget SKHYUSDT186.64−0.1271pay 0.1271% / 8h1h 30m$25.0M$31.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against SunX. 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
−$266.91
Price spread: −0.021% → −0.134%
$11.28
Slippage, 4 orders
−$116.95
Fee SunX: 4 bp × 2 orders
−$8
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$392.58
Costs to cover
1.369%
Break-even
never at this rate
Slippage from SunX: live order book, 8 min ago; Bitget: live order book, 3 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 SunX live order book, 8 min ago29.49 bp47.9 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Bitget live order book, 3 min ago0.27 bp7.9 bp −$817.2 bp −$17238.5 bp −$3,854doesn'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 SKHYUSDTshort−0.1271%8h186.64−0.021%$25.0M$31.7M20x
edgeX SKHYUSDC−0.0899%4h186.43−0.134%$562K$291K10xas long as short
Deribit SKHY_USDC-PERPETUAL−0.0232%1h186.56−0.064%$49K$342K10xas long as short
Popdex SKHYUSDT−0.0208%1h186.42−0.139%$196K$275K20xas long as short
Nado SKHY-PERP−0.0202%1h186.54−0.072%$33K$28K10xas long as short
tradeXYZ xyz:SKHY−0.0197%1h186.45−0.123%$158.4M$74.7M10xas long as short
Polymarket Perps SKHY-USD−0.0189%1h186.36−0.171%$180K$487K10xas long as short
Kraken Futures PF_SKHYUSD−0.0139%1h186.54−0.074%$47K$19K20xas long as short
Coinbase International SKHY-PERP-INTX−0.0104%1h187.75+0.573%$63K$902K10xas long as short
Lighter SKHY−0.0096%1h186.40−0.150%$953K$1.1M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps SKHY-USD.P−0.0065%1h186.33−0.187%$514K$2.6M10xas long as short
QFEX SKHY-USD−0.0049%1h186.42−0.139%$1.2M$4.2M10xas long as short
Aster SKHYUSDT0.0000%8h186.57−0.059%$226K$918K50xas long as short
Extended SKHY-USD0.0000%1h186.31−0.200%$54K$7K10xas long as short
Binance SKHYUSDT0.0000%8h186.50−0.096%$199.1M$439.9M50xas long as short
Bybit SKHYUSDT0.0000%8h186.49−0.102%$15.9M$29.3M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h186.50−0.096%$44.5M$77.6M50xas long as short
Gate SKHY_USDT0.0000%8h186.38−0.161%$25.5M$20.5M75xas long as short
Variational Omni SKHY0.0000%8h186.43−0.133%$1.6M$1.0Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h186.36−0.171%$22K$228K10xas long as short
SunX SKHY-USDTlong0.0000%8h186.68long leg$683$6.1M10x
HTX SKHY-USDT0.0000%8h186.38−0.161%$155K$367K50xas long as short
Phemex SKHYUSDT0.0000%8h186.49−0.102%$1.5M$1.1M10xas long as short
Lighter RH SKHY+0.0032%1h186.46−0.118%$1.1M$1.6M10xas long as short
Arcus SKHY-USD+0.0040%1h186.34−0.182%$59K$166K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h186.51−0.091%$24K10xas long as short
SoDEX SKHY-USD+0.0050%1h186.47−0.112%$41K$13K10xas long as short
KuCoin SKHYUSDTM+0.0087%8h186.46−0.118%$1.1M$328K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h186.52−0.086%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h186.47−0.112%$2.2M$420K50xas long as short
Phoenix SKHY+0.0213%1h186.61−0.037%$209K$115K10xas long as short