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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0722%/8h= −79.1% APRpaid last 24h −0.164%
Price spread now: edgeX against Variational Omni+0.117%7-day average −0.006% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.260%+$26 on $10k
Price spread, last 4 days (all we have)−0.090%−$9 · spread now +0.117%, 7d avg −0.006%
Together, before fees+0.169%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board+$17 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.123% dearer against Variational Omni than usual: you sell high and buy low (spread +0.117% now, against its 7-day average of −0.006%): +$12 on $10k if it goes back. Holding the pair costs −$22 a day in funding at the current rate, which eats that in about 14 hours. Mind the row above: over the last 4 days funding on this pair paid +0.260%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SKHY189.800get 0.0000% / 8h3h 23m$1.6M$1.1M
ShortedgeX SKHYUSDC190.02−0.0722pay 0.0361% / 4h3h 23m$573K$289K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Variational Omni. 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
−$151.61
Price spread: +0.117% → −0.006%
$12.29
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$148.32
Costs to cover
0.090%
Break-even
from the start
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; edgeX: live order book, 30 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 1 min ago2.21 bpdoesn't fit6.1 bp −$61doesn't fitdoesn't fit
Sell edgeX live order book, 30 min ago1.04 bp5.9 bp −$611.1 bp −$111doesn'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
edgeX SKHYUSDCshort−0.0722%4h190.02+0.117%$573K$289K10x
Coinbase International SKHY-PERP-INTX−0.0104%1h189.86+0.032%$36K$876K10xas long as short
tradeXYZ xyz:SKHY−0.0026%1h189.40−0.211%$158.7M$69.6M10xas long as short
Deribit SKHY_USDC-PERPETUAL−0.0014%1h189.41−0.205%$48K$328K10xas long as short
Aster SKHYUSDT0.0000%8h189.73−0.034%$246K$894K50xas long as short
Extended SKHY-USD0.0000%1h189.38−0.223%$55K$7K10xas long as short
Binance SKHYUSDT0.0000%8h189.44−0.191%$199.7M$408.0M50xas long as short
Bybit SKHYUSDT0.0000%8h189.47−0.174%$15.3M$28.7M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h189.37−0.226%$45.0M$73.2M50xas long as short
Gate SKHY_USDT0.0000%8h189.40−0.211%$25.4M$19.7M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget SKHYUSDT0.0000%8h189.64−0.084%$24.3M$29.0M20xas long as short
Variational Omni SKHYlong0.0000%8h189.80long leg$1.6M$1.1M
GRVT SKHY_USDT_Perp0.0000%8h189.69−0.060%$22K$215K10xas long as short
SunX SKHY-USDT0.0000%8h189.72−0.042%$694$6.2M10xas long as short
HTX SKHY-USDT0.0000%8h189.35−0.237%$158K$368K50xas long as short
Phemex SKHYUSDT0.0000%8h189.35−0.237%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0011%1h189.43−0.195%$1.2M$4.1M10xas long as short
Lighter SKHY+0.0016%1h189.30−0.263%$999K$709K10xas long as short
Lighter RH SKHY+0.0032%1h189.33−0.248%$1.1M$1.4M10xas long as short
Nado SKHY-PERP+0.0039%1h189.57−0.123%$33K$28K10xas long as short
Arcus SKHY-USD+0.0040%1h189.79−0.005%$59K$164K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h189.54−0.137%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h189.39−0.216%$200K$257K20xas long as short
Polymarket Perps SKHY-USD+0.0050%1h189.31−0.258%$183K$470K10xas long as short
SoDEX SKHY-USD+0.0050%1h189.38−0.221%$42K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h189.44−0.190%$529K$2.6M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h189.64−0.084%$1.1M$317K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h189.53−0.142%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h189.34−0.242%$2.2M$436K50xas long as short
Phoenix SKHY+0.0375%1h189.85+0.026%$213K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0691%1h189.47−0.173%$48K$19K20xas long as short