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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0003%/8h= −0.4% APRpaid last 24h +0.008%
Price spread now: tradeXYZ against SunX−0.153%7-day average −0.164% · you buy dearer than you sell
Net, funding: paid 7d − costs−$144as in the Funding arb table
Net, price: spread back to 7d avg − costs−$139as in the Price arb table
costs, in and out, $10k−$1401.397% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.041%−$4 on $10k
Price spread, last 4 days (all we have)0.000%$0 · spread now −0.153%, 7d avg −0.164%
Together, before fees−0.041%+ Points / potential airdroptradeXYZ: Active · farm board−$4 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SKHY-USDT189.160get 0.0000% / 8h2h 45m$692$6.2M10x
ShorttradeXYZ xyz:SKHY188.87−0.0003pay 0.0000% / 1h45m 46s$158.4M$70.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$0.72
Price spread: −0.153% → −0.164%
$1.06
Slippage, 4 orders
−$113.75
Fee SunX: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$139.4
Costs to cover
1.397%
Break-even
never at this rate
Slippage from SunX: live order book, 3 min ago; tradeXYZ: live order book, 4 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, 3 min ago29.61 bp47.6 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell tradeXYZ live order book, 4 min ago0.26 bp9.5 bp −$1010.8 bp −$108doesn'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−0.0528%8h188.94−0.116%$24.4M$29.7M20xas long as short
edgeX SKHYUSDC−0.0291%4h188.98−0.093%$570K$291K10xas long as short
Deribit SKHY_USDC-PERPETUAL−0.0068%1h188.83−0.174%$48K$334K10xas long as short
Nado SKHY-PERP−0.0056%1h188.93−0.121%$33K$28K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0024%1h188.72−0.233%$46K$882K10xas long as short
QFEX SKHY-USD−0.0014%1h188.87−0.153%$1.2M$4.1M10xas long as short
Lighter SKHY−0.0008%1h188.81−0.185%$1.0M$741K10xas long as short
tradeXYZ xyz:SKHYshort−0.0003%1h188.87−0.153%$158.4M$70.6M10x
Aster SKHYUSDT0.0000%8h188.96−0.103%$243K$897K50xas long as short
Extended SKHY-USD0.0000%1h188.80−0.190%$55K$7K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance SKHYUSDT0.0000%8h188.94−0.116%$200.1M$416.2M50xas long as short
Bybit SKHYUSDT0.0000%8h188.98−0.095%$15.5M$29.5M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h188.93−0.122%$45.0M$74.4M50xas long as short
Gate SKHY_USDT0.0000%8h188.81−0.185%$25.2M$20.1M75xas long as short
Variational Omni SKHY0.0000%8h188.80−0.189%$1.6M$986Kas long as short
GRVT SKHY_USDT_Perp0.0000%8h189.15−0.004%$22K$218K10xas long as short
SunX SKHY-USDTlong0.0000%8h189.16long leg$692$6.2M10x
HTX SKHY-USDT0.0000%8h188.78−0.201%$156K$368K50xas long as short
Phemex SKHYUSDT0.0000%8h188.79−0.196%$1.5M$1.1M10xas long as short
Polymarket Perps SKHY-USD+0.0027%1h188.73−0.227%$190K$480K10xas long as short
Lighter RH SKHY+0.0032%1h188.81−0.185%$1.0M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h188.83−0.174%$58K$164K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h188.84−0.169%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h188.81−0.185%$199K$259K20xas long as short
SoDEX SKHY-USD+0.0050%1h188.77−0.206%$42K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h188.57−0.312%$525K$2.6M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h188.86−0.159%$1.1M$315K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h188.80−0.190%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h188.62−0.285%$2.2M$440K50xas long as short
Phoenix SKHY+0.0254%1h189.30+0.074%$212K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0259%1h188.79−0.195%$48K$19K20xas long as short