Funding arb · Price arb /

SKHY

RWAall SKHY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 01:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against SunX−0.217%7-day average — · you buy dearer than you sell

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

Long on SunX Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.217% cheaper against SunX than usual: you would sell low and buy high (spread −0.217% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$22 on $10k: about 16 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SKHY-USDT	193.12	0	get 0.0000% / 8h	7h 48m	$707	$7.1M	10x
Short	Vest SKHY-USD-PERP	192.70	0.0046	get 0.0006% / 1h	48m 52s	—	$13K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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 VestbpOrdersPrice spread, now −0.217%Rate

Funding earned: $9.59
Price spread: −0.217% → 0.000%: −$21.75
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: −$22.16
Costs to cover: 0.100%
Break-even: 23.2 days

Slippage unknown: SunX: live order book, 10 min ago; Vest: no order-book sample. 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, 10 min ago	29.50 bp	47.6 bp −$48	doesn't fit	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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
edgeX SKHYUSDC	−0.0915%	4h	192.39	−0.376%	$580K	$289K	10x	as long as short
Nado SKHY-PERP	−0.0090%	1h	192.84	−0.147%	$29K	$2K	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	192.60	−0.271%	$255K	$905K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	192.81	−0.161%	$56K	$6K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	192.92	−0.104%	$213.8M	$384.3M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	193.01	−0.057%	$15.8M	$27.4M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	192.99	−0.067%	$47.8M	$63.8M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	192.78	−0.176%	$26.4M	$17.4M	75x	as long as short
Bitget SKHYUSDT	0.0000%	8h	192.64	−0.249%	$25.5M	$26.2M	20x	as long as short
Variational Omni SKHY	0.0000%	8h	192.48	−0.334%	$1.6M	$2.4M	—	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SKHY-USDTlong	0.0000%	8h	193.12	long leg	$707	$7.1M	10x
Deribit SKHY_USDC-PERPETUAL	0.0000%	1h	192.83	−0.150%	$46K	$259K	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	192.74	−0.197%	$159K	$393K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	192.85	−0.140%	$1.5M	$1.1M	10x	as long as short
QFEX SKHY-USD	+0.0005%	1h	192.71	−0.212%	$1.2M	$5.3M	10x	as long as short
Lighter SKHY	+0.0032%	1h	192.72	−0.207%	$1.0M	$619K	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	192.74	−0.197%	$1.1M	$1.5M	10x	as long as short
KuCoin SKHYUSDTM	+0.0033%	8h	192.66	−0.238%	$1.1M	$272K	20x	as long as short
Arcus SKHY-USD	+0.0040%	1h	192.32	−0.414%	$57K	$154K	10x	as long as short
Vest SKHY-USD-PERPshort	+0.0046%	1h	192.70	−0.217%	—	$13K	10x
Popdex SKHYUSDT	+0.0048%	1h	192.71	−0.212%	$197K	$256K	20x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	192.31	−0.419%	$536K	$1.4M	10x	as long as short
GRVT SKHY_USDT_Perp	+0.0053%	8h	192.35	−0.399%	$22K	$202K	10x	as long as short
Coinbase International SKHY-PERP-INTX	+0.0088%	1h	190.51	−1.351%	$171K	$682K	10x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	192.75	−0.192%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	192.83	−0.150%	$2.2M	$428K	50x	as long as short
Phoenix SKHY	+0.0335%	1h	192.35	−0.399%	$217K	$120K	10x	as long as short
Polymarket Perps SKHY-USD	+0.0586%	1h	192.77	−0.181%	$193K	$389K	10x	as long as short
tradeXYZ xyz:SKHY	+0.0686%	1h	192.70	−0.217%	$166.6M	$64.6M	10x	as long as short
Kraken Futures PF_SKHYUSD	+0.0710%	1h	192.85	−0.142%	$51K	$25K	20x	as long as short
SoDEX SKHY-USD	+0.0953%	1h	192.72	−0.207%	$43K	$13K	10x	as long as short