Funding arb · Price arb /

SKHY

RWAall SKHY markets

Swap Backtest

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: Variational Omni against SunX+0.144%7-day average −0.143% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.025%+$3 on $10k

Price spread, last 4 days (all we have)−0.298%−$30 · spread now +0.144%, 7d avg −0.143%

Together, before fees−0.273%+ Points / potential airdropVariational Omni: Active · farm board−$27 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: Variational Omni is 0.287% dearer against SunX than usual: you sell high and buy low, +$29 on $10k if it goes back to its 7-day average of −0.143%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SKHY-USDT	187.81	0	get 0.0000% / 8h	1h 56m	$687	$6.1M	10x
Short	Variational Omni SKHY	188.08	0	get 0.0000% / 8h	1h 56m	$1.6M	$1.0M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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

Position, each leg$Hold fordaysFee SunXbpFee Variational OmnibpOrdersPrice spread, now +0.144%Rate

Funding earned: $0
Price spread: +0.144% → −0.143%: $28.7
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $20.7
Costs to cover: 0.080%
Break-even: from the start

Slippage unknown: SunX: live order book, 13 min ago; Variational Omni: RFQ quote, 3 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 13 min ago	64.58 bp	82.6 bp −$83	doesn't fit	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 3 min ago	2.26 bp	doesn't fit	4.2 bp −$42	doesn't fit	doesn't fit

SKHY on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SKHYUSDT	−0.1064%	8h	187.76	−0.027%	$25.2M	$31.5M	20x	as long as short
Deribit SKHY_USDC-PERPETUAL	−0.0443%	1h	187.59	−0.117%	$48K	$337K	10x	as long as short
edgeX SKHYUSDC	−0.0439%	4h	187.85	+0.019%	$566K	$290K	10x	as long as short
Polymarket Perps SKHY-USD	−0.0210%	1h	187.50	−0.165%	$181K	$487K	10x	as long as short
tradeXYZ xyz:SKHY	−0.0209%	1h	187.60	−0.112%	$159.1M	$74.3M	10x	as long as short
Nado SKHY-PERP	−0.0196%	1h	187.79	−0.012%	$33K	$28K	10x	as long as short
Kraken Futures PF_SKHYUSD	−0.0138%	1h	187.54	−0.143%	$47K	$19K	20x	as long as short
Lighter SKHY	−0.0120%	1h	187.54	−0.144%	$929K	$1.1M	10x	as long as short
Popdex SKHYUSDT	−0.0112%	1h	187.60	−0.112%	$196K	$273K	20x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0104%	1h	187.75	−0.032%	$63K	$902K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SKHY-USD	−0.0049%	1h	187.60	−0.112%	$1.2M	$4.1M	10x	as long as short
Ondo Perps SKHY-USD.P	−0.0014%	1h	187.96	+0.080%	$517K	$2.6M	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	187.60	−0.114%	$227K	$916K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	187.52	−0.154%	$55K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	187.58	−0.125%	$201.1M	$435.4M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	187.62	−0.101%	$15.9M	$30.4M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	187.56	−0.133%	$44.7M	$77.5M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	187.55	−0.138%	$25.3M	$20.1M	75x	as long as short
Variational Omni SKHYshort	0.0000%	8h	188.08	+0.144%	$1.6M	$1.0M	—
GRVT SKHY_USDT_Perp	0.0000%	8h	188.05	+0.126%	$22K	$225K	10x	as long as short
SunX SKHY-USDTlong	0.0000%	8h	187.81	long leg	$687	$6.1M	10x
HTX SKHY-USDT	0.0000%	8h	187.53	−0.149%	$156K	$370K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	187.52	−0.154%	$1.5M	$1.1M	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	187.54	−0.144%	$1.1M	$1.6M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	187.81	0.000%	$58K	$164K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	187.77	−0.021%	—	$22K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	187.50	−0.165%	$41K	$13K	10x	as long as short
KuCoin SKHYUSDTM	+0.0100%	8h	187.77	−0.021%	$1.1M	$327K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	187.62	−0.101%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	187.65	−0.085%	$2.1M	$419K	50x	as long as short
Phoenix SKHY	+0.0254%	1h	188.26	+0.240%	$211K	$115K	10x	as long as short