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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0104%/8h= +11.4% APRpaid last 24h −0.008%
Price spread now: Variational Omni against Coinbase International−1.062%7-day average −0.112% · you buy dearer than you sell
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)+0.020%+$2 on $10k
Price spread, last 4 days (all we have)+1.003%+$100 · spread now −1.062%, 7d avg −0.112%
Together, before fees+1.023%+ Points / potential airdropVariational Omni: Active · farm board+$102 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.950% cheaper against Coinbase International than usual: you would sell low and buy high (spread −1.062% now, against its 7-day average of −0.112%). If the spread goes back, that is −$95 on $10k: about 30 days of funding at the current rate (+$3 a day). At the pace of the last 4 days (+0.020% in total) that is about 6 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongCoinbase International SKHY-PERP-INTX192.84−0.0104get 0.0013% / 1h41m 38s$45K$861K10x
ShortVariational Omni SKHY190.790get 0.0000% / 8h3h 41m$1.6M$1.1M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Coinbase International. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$21.84
Price spread: −1.062% → −0.112%
−$95.04
Slippage, 4 orders
no order book: not counted
Fee Coinbase International: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$83.2
Costs to cover
0.100%
Break-even
33.7 days
Slippage unknown: Coinbase International: live order book, 12 min ago; Variational Omni: RFQ quote, 2 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 Coinbase International live order book, 12 min ago5.22 bp10.9 bp −$1117.9 bp −$179doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 2 min ago2.23 bpdoesn't fit3.5 bp −$35doesn'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 SKHYUSDC−0.0981%4h190.66−1.129%$575K$290K10xas long as short
Coinbase International SKHY-PERP-INTXlong−0.0104%1h192.84long leg$45K$861K10x
Aster SKHYUSDT0.0000%8h190.67−1.126%$248K$892K50xas long as short
Extended SKHY-USD0.0000%1h190.52−1.204%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h190.50−1.214%$200.2M$402.9M50xas long as short
Bybit SKHYUSDT0.0000%8h190.49−1.219%$15.4M$28.5M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h190.49−1.219%$45.5M$72.9M50xas long as short
Gate SKHY_USDT0.0000%8h190.48−1.224%$25.6M$19.4M75xas long as short
Bitget SKHYUSDT0.0000%8h190.75−1.084%$24.5M$28.3M20xas long as short
Variational Omni SKHYshort0.0000%8h190.79−1.062%$1.6M$1.1M
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
GRVT SKHY_USDT_Perp0.0000%8h190.68−1.121%$22K$211K10xas long as short
SunX SKHY-USDT0.0000%8h191.19−0.856%$700$6.2M10xas long as short
HTX SKHY-USDT0.0000%8h190.80−1.058%$159K$369K50xas long as short
Phemex SKHYUSDT0.0000%8h191.05−0.928%$1.5M$1.1M10xas long as short
tradeXYZ xyz:SKHY+0.0004%1h190.53−1.198%$159.3M$69.1M10xas long as short
QFEX SKHY-USD+0.0011%1h190.42−1.255%$1.2M$4.0M10xas long as short
Lighter SKHY+0.0032%1h190.48−1.224%$1.0M$691K10xas long as short
Lighter RH SKHY+0.0032%1h190.49−1.219%$1.1M$1.4M10xas long as short
Arcus SKHY-USD+0.0040%1h190.67−1.125%$59K$164K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h190.80−1.058%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h190.52−1.203%$200K$257K20xas long as short
Polymarket Perps SKHY-USD+0.0050%1h190.79−1.063%$182K$460K10xas long as short
SoDEX SKHY-USD+0.0050%1h190.78−1.068%$42K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h190.51−1.208%$563K$2.6M10xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0064%1h190.88−1.016%$48K$325K10xas long as short
KuCoin SKHYUSDTM+0.0100%8h190.69−1.115%$1.1M$321K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h190.89−1.011%$2K$4K10xas long as short
Nado SKHY-PERP+0.0106%1h190.85−1.033%$34K$28K10xas long as short
BloFin SKHY-USDT+0.0120%8h190.73−1.094%$2.2M$436K50xas long as short
Phoenix SKHY+0.0375%1h190.77−1.073%$214K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0686%1h191.00−0.953%$48K$19K20xas long as short