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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.009%
Price spread now: Deribit against SunX−0.155%7-day average −0.121% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1491.490% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.010%−$1 on $10k
Price spread, last 3 days (all we have)+0.035%+$4 · spread now −0.155%, 7d avg −0.121%
Together, before fees+0.025%+$3 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Deribit is 0.034% cheaper against SunX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.121%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SKHY-USDT193.420get 0.0000% / 8h5h 55m$708$6.4M10x
ShortDeribit SKHY_USDC-PERPETUAL193.120get 0.0000% / 1h55m 18s$48K$281K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Deribit 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
$0
Price spread: −0.155% → −0.121%
−$3.36
Slippage, 4 orders
−$133.95
Fee SunX: 4 bp × 2 orders
−$8
Fee Deribit: 3.5 bp × 2 orders
−$7
Net
−$152.31
Costs to cover
1.490%
Break-even
never at this rate
Slippage from SunX: live order book, 4 min ago; Deribit: live order book, 8 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, 4 min ago29.48 bp48.2 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Deribit live order book, 8 min ago5.96 bp17.1 bp −$1720.2 bp −$202doesn't fitdoesn't fit

SKHY on 30 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−0.0410%4h193.08−0.176%$582K$289K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0032%1h192.90−0.269%$45K$874K10xas long as short
Aster SKHYUSDT0.0000%8h193.10−0.164%$248K$890K50xas long as short
Extended SKHY-USD0.0000%1h193.06−0.186%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.12−0.153%$208.8M$385.5M50xas long as short
Bybit SKHYUSDT0.0000%8h193.15−0.140%$15.7M$27.3M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.11−0.160%$46.9M$69.3M50xas long as short
Gate SKHY_USDT0.0000%8h193.06−0.186%$25.8M$18.8M75xas long as short
Variational Omni SKHY0.0000%8h192.98−0.226%$1.6M$1.4Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h193.12−0.155%$23K$194K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDTlong0.0000%8h193.42long leg$708$6.4M10x
Deribit SKHY_USDC-PERPETUALshort0.0000%1h193.12−0.155%$48K$281K10x
HTX SKHY-USDT0.0000%8h193.02−0.207%$160K$368K50xas long as short
Phemex SKHYUSDT0.0000%8h193.09−0.171%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0004%1h193.03−0.202%$1.2M$4.3M10xas long as short
Lighter SKHY+0.0032%1h193.04−0.196%$1.0M$684K10xas long as short
Lighter RH SKHY+0.0032%1h193.03−0.202%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h192.96−0.238%$57K$154K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.09−0.171%$11K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.13−0.150%$198K$255K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h193.05−0.191%$162.2M$66.4M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h193.02−0.207%$189K$456K10xas long as short
SoDEX SKHY-USD+0.0050%1h193.05−0.191%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h193.00−0.217%$569K$2.1M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h193.06−0.186%$1.1M$290K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.11−0.160%$2K$4K10xas long as short
Nado SKHY-PERP+0.0130%1h193.08−0.177%$38K$26K10xas long as short
Bitget SKHYUSDT+0.0202%8h193.07−0.181%$25.6M$26.4M20xas long as short
Phoenix SKHY+0.0331%1h193.18−0.124%$216K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0545%1h193.26−0.085%$51K$17K20xas long as short