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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.031%
Price spread now: SoDEX against Deribit−0.036%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. SoDEX is 0.036% cheaper against Deribit than usual: you would sell low and buy high (spread −0.036% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 2.4 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit SKHY_USDC-PERPETUAL193.290get 0.0000% / 1h59m 20s$48K$270K10x
ShortSoDEX SKHY-USD193.220.0050get 0.0006% / 1h59m 20s$43K$13K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Deribit. 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
$10.5
Price spread: −0.036% → 0.000%
−$3.62
Slippage, 4 orders
no order book: not counted
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$8.12
Costs to cover
0.150%
Break-even
12.4 days
Slippage unknown: Deribit: live order book, 9 min ago; SoDEX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 9 min ago8.79 bp12.3 bp −$1216.8 bp −$168doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX SKHYUSDC−0.0880%4h193.20−0.047%$582K$291K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0072%1h193.24−0.026%$54K$870K10xas long as short
Nado SKHY-PERP−0.0023%1h193.24−0.024%$44K$20K10xas long as short
Aster SKHYUSDT0.0000%8h193.28−0.007%$249K$890K50xas long as short
Extended SKHY-USD0.0000%1h193.25−0.020%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.30+0.004%$211.5M$385.1M50xas long as short
Bybit SKHYUSDT0.0000%8h193.290.000%$15.7M$27.1M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.32+0.016%$46.9M$68.6M50xas long as short
Gate SKHY_USDT0.0000%8h193.27−0.010%$25.8M$18.5M75xas long as short
Variational Omni SKHY0.0000%8h193.13−0.082%$1.7M$2.3Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.59+0.155%$709$6.7M10xas long as short
Deribit SKHY_USDC-PERPETUALlong0.0000%1h193.29long leg$48K$270K10x
HTX SKHY-USDT0.0000%8h193.26−0.016%$160K$376K50xas long as short
Phemex SKHYUSDT0.0000%8h193.17−0.062%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0005%1h193.22−0.036%$1.2M$4.9M10xas long as short
Lighter SKHY+0.0032%1h193.18−0.057%$1.0M$654K10xas long as short
Lighter RH SKHY+0.0032%1h193.16−0.067%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h193.25−0.021%$57K$153K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.25−0.021%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.290.000%$197K$258K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h193.21−0.041%$163.5M$66.7M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h193.15−0.072%$190K$454K10xas long as short
SoDEX SKHY-USDshort+0.0050%1h193.22−0.036%$43K$13K10x
Ondo Perps SKHY-USD.P+0.0050%1h193.09−0.103%$541K$1.7M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h193.30+0.005%$1.1M$279K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.32+0.016%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.19−0.052%$2.2M$446K50xas long as short
Phoenix SKHY+0.0335%1h193.41+0.062%$218K$119K10xas long as short
GRVT SKHY_USDT_Perp+0.0341%8h193.23−0.030%$22K$192K10xas long as short
Bitget SKHYUSDT+0.0428%8h193.290.000%$25.7M$26.6M20xas long as short
Kraken Futures PF_SKHYUSD+0.0705%1h193.32+0.014%$51K$17K20xas long as short