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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0113%/8h= −12.4% APRnext payment $1.13 per $10,000 · paid last 24h +0.001%
Price spread now: KuCoin against SunX−0.159%7-day average −0.155% · you buy dearer than you sell
Net, funding: paid 7d − costs−$169as in the Funding arb table
Net, price: spread back to 7d avg − costs−$169as in the Price arb table
costs, in and out, $10k−$1681.684% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.009%−$1 on $10k
Price spread, last 4 days (all we have)+0.007%+$1 · spread now −0.159%, 7d avg −0.155%
Together, before fees−0.002%$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.155%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SKHY-USDT188.240get 0.0000% / 8h5h 45m$689$5.5M10x
ShortKuCoin SKHYUSDTM187.94−0.0113pay 0.0113% / 8h5h 45m$1.1M$476K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
−$23.73
Price spread: −0.159% → −0.155%
−$0.48
Slippage, 4 orders
−$148.36
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$192.56
Costs to cover
1.684%
Break-even
never at this rate
Slippage from SunX: live order book, 6 min ago; KuCoin: live order book, 2 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, 6 min ago29.44 bp47.9 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 2 min ago2.13 bp27.3 bp −$27doesn't fitdoesn't fitdoesn't fit

SKHY on 31 exchanges

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−0.0559%8h187.82−0.223%$26.1M$36.4M20xas long as short
Deribit SKHY_USDC-PERPETUAL−0.0495%1h187.82−0.223%$39K$471K10xas long as short
edgeX SKHYUSDC−0.0493%4h188.17−0.035%$567K$286K10xas long as short
Kraken Futures PF_SKHYUSD−0.0267%1h187.47−0.407%$51K$37K20xas long as short
KuCoin SKHYUSDTMshort−0.0113%8h187.94−0.159%$1.1M$476K20x
Nado SKHY-PERP−0.0105%1h188.11−0.068%$33K$28K10xas long as short
tradeXYZ xyz:SKHY−0.0075%1h187.77−0.250%$158.6M$78.1M10xas long as short
Coinbase International SKHY-PERP-INTX−0.0040%1h187.65−0.313%$110K$768K10xas long as short
QFEX SKHY-USD−0.0013%1h187.84−0.212%$1.2M$4.3M10xas long as short
Aster SKHYUSDT0.0000%8h187.95−0.156%$264K$913K50xas long as short
Show all 31 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Extended SKHY-USD0.0000%1h187.73−0.268%$55K$7K10xas long as short
Binance SKHYUSDT0.0000%8h187.80−0.234%$198.2M$473.5M50xas long as short
Bybit SKHYUSDT0.0000%8h187.72−0.276%$16.5M$34.3M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h187.75−0.260%$44.5M$85.6M50xas long as short
Gate SKHY_USDT0.0000%8h187.72−0.276%$25.3M$21.7M75xas long as short
Variational Omni SKHY0.0000%8h188.18−0.033%$1.5M$1.0Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h188.31+0.036%$23K$247K10xas long as short
SunX SKHY-USDTlong0.0000%8h188.24long leg$689$5.5M10x
HTX SKHY-USDT0.0000%8h187.80−0.234%$155K$376K50xas long as short
Phemex SKHYUSDT0.0000%8h187.87−0.197%$1.5M$1.1M10xas long as short
Lighter SKHY+0.0024%1h187.71−0.282%$987K$1.3M10xas long as short
Lighter RH SKHY+0.0032%1h187.68−0.297%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h187.89−0.186%$60K$131K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h188.01−0.122%$39K10xas long as short
Popdex SKHYUSDT+0.0048%1h187.91−0.175%$203K$309K20xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h188.22−0.011%$525K$2.5M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h187.90−0.181%$182K$353K10xas long as short
SoDEX SKHY-USD+0.0050%1h187.88−0.191%$41K$12K10xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h187.89−0.186%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h188.06−0.096%$2.2M$481K50xas long as short
Phoenix SKHY+0.0255%1h188.46+0.117%$211K$123K10xas long as short