Funding arb · Price arb /

SKHY

RWAall SKHY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.1371%/8h= −150.1% APRpaid last 24h −0.014%

Price spread now: Bitget against Vest+0.129%7-day average — · you sell dearer than you buy

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

Long on Vest Short on Bitget

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

The price spread pays, funding is against you. Bitget is 0.129% dearer against Vest than usual: you sell high and buy low (spread +0.129% now, against zero (this spread has no 7-day history yet)): +$13 on $10k if it goes back. Holding the pair costs −$41 a day in funding at the current rate, which eats that in about 8 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SKHY-USD-PERP	186.22	0.0046	pay 0.0006% / 1h	1m 28s	—	$32K	10x
Short	Bitget SKHYUSDT	186.46	−0.1325	pay 0.1325% / 8h	1h 01m	$25.2M	$32.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Vest. 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 VestbpFee BitgetbpOrdersPrice spread, now +0.129%Rate

Funding earned: −$287.84
Price spread: +0.129% → 0.000%: $12.89
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$288.95
Costs to cover: 0.140%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Bitget: live order book, 2 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 Vest no order-book sample	—	—	—	—	—
Sell Bitget live order book, 2 min ago	0.54 bp	8.7 bp −$9	16.9 bp −$169	28.7 bp −$2,871	doesn't fit

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
Bitget SKHYUSDTshort	−0.1325%	8h	186.46	+0.129%	$25.2M	$32.6M	20x
Popdex SKHYUSDT	−0.0208%	1h	186.26	+0.021%	$203K	$284K	20x	as long as short
tradeXYZ xyz:SKHY	−0.0199%	1h	186.21	−0.005%	$158.3M	$76.4M	10x	as long as short
edgeX SKHYUSDC	−0.0197%	4h	186.21	−0.005%	$561K	$291K	10x	as long as short
Nado SKHY-PERP	−0.0197%	1h	186.37	+0.082%	$33K	$28K	10x	as long as short
Polymarket Perps SKHY-USD	−0.0166%	1h	186.15	−0.038%	$180K	$487K	10x	as long as short
Kraken Futures PF_SKHYUSD	−0.0139%	1h	186.33	+0.060%	$48K	$21K	20x	as long as short
Lighter SKHY	−0.0104%	1h	186.17	−0.027%	$974K	$1.2M	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0104%	1h	187.58	+0.730%	$68K	$905K	10x	as long as short
Ondo Perps SKHY-USD.P	−0.0074%	1h	186.13	−0.048%	$520K	$2.6M	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	186.23	+0.005%	$1.2M	$4.2M	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	186.35	+0.071%	$224K	$925K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	186.21	−0.005%	$54K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	186.24	+0.011%	$199.9M	$447.9M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	186.27	+0.027%	$16.5M	$29.7M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	186.25	+0.016%	$44.6M	$78.4M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	186.26	+0.021%	$25.6M	$20.9M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	186.54	+0.173%	$1.6M	$1.0M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	186.15	−0.038%	$22K	$231K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	186.51	+0.156%	$683	$6.1M	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	0.0000%	1h	186.37	+0.081%	$49K	$345K	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	186.23	+0.005%	$154K	$366K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	186.30	+0.043%	$1.5M	$1.1M	10x	as long as short
KuCoin SKHYUSDTM	+0.0015%	8h	186.33	+0.059%	$1.1M	$325K	20x	as long as short
Lighter RH SKHY	+0.0032%	1h	186.16	−0.032%	$1.1M	$1.7M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	186.29	+0.038%	$60K	$170K	10x	as long as short
Vest SKHY-USD-PERPlong	+0.0046%	1h	186.22	long leg	—	$32K	10x
SoDEX SKHY-USD	+0.0050%	1h	186.22	0.000%	$41K	$12K	10x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	186.24	+0.011%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	186.19	−0.016%	$2.2M	$422K	50x	as long as short
Phoenix SKHY	+0.0213%	1h	186.34	+0.064%	$209K	$115K	10x	as long as short