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−0.0326%/8h= −35.7% APRpaid last 24h −0.164%
Price spread now: edgeX against SunX−0.107%46s7-day average −0.148% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1421.424% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.557%+$56 on $10k
Price spread, last 4 days (all we have)−0.046%−$5 · spread now −0.107%, 7d avg −0.148%
Together, before fees+0.512%+ Points / potential airdropedgeX: Active · farm board+$51 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.042% dearer against SunX than usual: you sell high and buy low (spread −0.107% now, against its 7-day average of −0.148%): +$4 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 10 hours. Mind the row above: over the last 7 days funding on this pair paid +0.557%, so the current rate has only just turned against you. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SKHY-USDT186.390get 0.0000% / 8h59m 19s$682$6.1M10x
ShortedgeX SKHYUSDC186.19−0.0326pay 0.0163% / 4h59m 19s$561K$292K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$68.43
Price spread: −0.107% → −0.148%
$4.16
Slippage, 4 orders
−$125.36
Fee SunX: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$206.63
Costs to cover
1.424%
Break-even
never at this rate
Slippage from SunX: live order book, 10 min ago; edgeX: live order book, 44 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, 10 min ago29.69 bp47.9 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 44 min ago5.62 bp10.5 bp −$1015.9 bp −$159doesn'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
Bitget SKHYUSDT−0.1337%8h186.30−0.048%$25.2M$32.6M20xas long as short
tradeXYZ xyz:SKHY−0.0367%1h185.91−0.258%$157.9M$76.7M10xas long as short
edgeX SKHYUSDCshort−0.0326%4h186.19−0.107%$561K$292K10x
Polymarket Perps SKHY-USD−0.0305%1h185.85−0.290%$180K$487K10xas long as short
Nado SKHY-PERP−0.0227%1h186.01−0.205%$33K$28K10xas long as short
Deribit SKHY_USDC-PERPETUAL−0.0180%1h186.15−0.129%$49K$345K10xas long as short
Kraken Futures PF_SKHYUSD−0.0139%1h186.24−0.082%$48K$21K20xas long as short
Coinbase International SKHY-PERP-INTX−0.0104%1h187.58+0.638%$68K$905K10xas long as short
Lighter SKHY−0.0096%1h186.00−0.209%$973K$1.2M10xas long as short
Popdex SKHYUSDT−0.0080%1h185.86−0.284%$203K$284K20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX SKHY-USD−0.0049%1h185.88−0.274%$1.2M$4.3M10xas long as short
Ondo Perps SKHY-USD.P−0.0022%1h186.09−0.161%$520K$2.6M10xas long as short
Aster SKHYUSDT0.0000%8h186.12−0.145%$223K$925K50xas long as short
Extended SKHY-USD0.0000%1h185.99−0.216%$54K$7K10xas long as short
Binance SKHYUSDT0.0000%8h185.93−0.247%$199.5M$448.3M50xas long as short
Bybit SKHYUSDT0.0000%8h185.96−0.231%$16.5M$29.7M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h185.88−0.274%$44.5M$78.6M50xas long as short
Gate SKHY_USDT0.0000%8h185.95−0.236%$25.5M$20.7M75xas long as short
Variational Omni SKHY0.0000%8h186.16−0.122%$1.6M$1.0Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h186.25−0.078%$22K$231K10xas long as short
SunX SKHY-USDTlong0.0000%8h186.39long leg$682$6.1M10x
HTX SKHY-USDT0.0000%8h186.04−0.188%$154K$366K50xas long as short
Phemex SKHYUSDT0.0000%8h186.12−0.145%$1.5M$1.1M10xas long as short
KuCoin SKHYUSDTM+0.0008%8h186.09−0.161%$1.1M$325K20xas long as short
Lighter RH SKHY+0.0032%1h185.99−0.215%$1.1M$1.7M10xas long as short
Arcus SKHY-USD+0.0040%1h186.17−0.118%$60K$170K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h185.99−0.215%$32K10xas long as short
SoDEX SKHY-USD+0.0050%1h186.10−0.156%$41K$12K10xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h185.99−0.215%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h186.19−0.107%$2.2M$422K50xas long as short
Phoenix SKHY+0.0213%1h186.34−0.027%$209K$114K10xas long as short