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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against SunX−0.150%7-day average −0.136% · you buy dearer than you sell
Net, funding: paid 7d − costs−$212as in the Funding arb table
Net, price: spread back to 7d avg − costs−$213as in the Price arb table
costs, in and out, $10k−$2122.116% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.012%−$1 · spread now −0.150%, 7d avg −0.136%
Together, before fees−0.012%−$1 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SKHY-USDT186.580get 0.0000% / 8h50m 40s$683$6.1M10x
ShortPhemex SKHYUSDT186.300get 0.0000% / 8h50m 40s$1.5M$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex 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: −0.150% → −0.136%
−$1.43
Slippage, 4 orders
−$191.56
Fee SunX: 4 bp × 2 orders
−$8
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$212.99
Costs to cover
2.116%
Break-even
never at this rate
Slippage from SunX: live order book, 8 min ago; Phemex: 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, 8 min ago29.56 bp48.1 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Phemex live order book, 2 min ago2.42 bp45.0 bp −$45doesn't fitdoesn'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−0.1377%8h186.61+0.016%$25.4M$32.8M20xas long as short
edgeX SKHYUSDC−0.0889%4h186.25−0.179%$561K$290K10xas long as short
Deribit SKHY_USDC-PERPETUAL−0.0501%1h186.34−0.129%$49K$346K10xas long as short
Popdex SKHYUSDT−0.0336%1h186.30−0.150%$204K$287K20xas long as short
tradeXYZ xyz:SKHY−0.0319%1h186.36−0.118%$158.4M$76.8M10xas long as short
Kraken Futures PF_SKHYUSD−0.0266%1h186.44−0.077%$48K$21K20xas long as short
Nado SKHY-PERP−0.0237%1h186.53−0.027%$33K$28K10xas long as short
Polymarket Perps SKHY-USD−0.0226%1h186.20−0.204%$180K$487K10xas long as short
Lighter SKHY−0.0104%1h186.34−0.129%$974K$1.2M10xas long as short
Coinbase International SKHY-PERP-INTX−0.0072%1h187.58+0.536%$68K$905K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX SKHY-USD−0.0061%1h186.32−0.139%$1.2M$4.3M10xas long as short
Ondo Perps SKHY-USD.P−0.0044%1h186.24−0.182%$520K$2.6M10xas long as short
KuCoin SKHYUSDTM−0.0015%8h186.29−0.155%$1.1M$326K20xas long as short
Aster SKHYUSDT0.0000%8h186.51−0.037%$224K$925K50xas long as short
Extended SKHY-USD0.0000%1h186.33−0.134%$54K$7K10xas long as short
Binance SKHYUSDT0.0000%8h186.38−0.107%$200.3M$449.9M50xas long as short
Bybit SKHYUSDT0.0000%8h186.37−0.113%$16.7M$29.6M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h186.39−0.102%$44.4M$79.1M50xas long as short
Gate SKHY_USDT0.0000%8h186.38−0.107%$25.5M$20.9M75xas long as short
Variational Omni SKHY0.0000%8h186.25−0.178%$1.6M$1.0Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h186.21−0.200%$22K$232K10xas long as short
SunX SKHY-USDTlong0.0000%8h186.58long leg$683$6.1M10x
HTX SKHY-USDT0.0000%8h186.28−0.161%$155K$363K50xas long as short
Phemex SKHYUSDTshort0.0000%8h186.30−0.150%$1.5M$1.1M10x
Lighter RH SKHY+0.0032%1h186.33−0.134%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h186.22−0.193%$60K$171K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h186.37−0.113%$32K10xas long as short
SoDEX SKHY-USD+0.0050%1h186.30−0.150%$41K$12K10xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h186.32−0.139%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h186.32−0.139%$2.2M$423K50xas long as short
Phoenix SKHY+0.0129%1h186.38−0.107%$209K$123K10xas long as short