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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0405%/8h= +44.3% APRpaid last 24h +0.201%
Price spread now: Aster against edgeX+0.095%80s7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$85as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$310.314% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.541%−$54 on $10k
Price spread, last 4 days (all we have)−0.511%−$51 · spread now +0.095%, 7d avg +0.004%
Together, before fees−1.052%+ Points / potential airdropedgeX: Active · Aster: Stage 5 · farm board−$105 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Aster is 0.090% dearer against edgeX than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.004%. Mind the row above: over the last 7 days funding on this pair cost −0.541%, so the current rate has only just turned in your favour. The two prices were read 80 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SKHYUSDC186.37−0.0405get 0.0202% / 4h2h 56m$562K$289K10x
ShortAster SKHYUSDT186.550get 0.0000% / 8h6h 56m$266K$949K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Aster against edgeX. 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
$84.97
Price spread: +0.095% → +0.004%
$9.02
Slippage, 4 orders
−$14.36
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Aster: 4 bp × 2 orders
−$8
Net
$62.63
Costs to cover
0.314%
Break-even
1.8 days
Slippage from edgeX: live order book, 38 min ago; Aster: live order book, 37 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 38 min ago1.36 bp6.2 bp −$611.4 bp −$114doesn't fitdoesn't fit
Sell Aster live order book, 37 min ago1.09 bp10.7 bp −$11doesn't fitdoesn'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
Bitget SKHYUSDT−0.0984%8h186.59+0.118%$25.7M$35.4M20xas long as short
edgeX SKHYUSDClong−0.0405%4h186.37long leg$562K$289K10x
KuCoin SKHYUSDTM−0.0182%8h186.60+0.124%$1.1M$401K20xas long as short
QFEX SKHY-USD−0.0005%1h186.60+0.124%$1.2M$4.3M10xas long as short
Aster SKHYUSDTshort0.0000%8h186.55+0.095%$266K$949K50x
Extended SKHY-USD0.0000%1h186.52+0.082%$54K$7K10xas long as short
Binance SKHYUSDT0.0000%8h186.60+0.124%$197.6M$468.4M50xas long as short
Bybit SKHYUSDT0.0000%8h186.58+0.113%$15.9M$33.5M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h186.56+0.102%$44.3M$83.2M50xas long as short
Gate SKHY_USDT0.0000%8h186.59+0.118%$25.6M$21.3M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SKHY0.0000%8h186.05−0.171%$1.5M$1.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h186.06−0.167%$22K$247K10xas long as short
SunX SKHY-USDT0.0000%8h186.83+0.247%$684$5.7M10xas long as short
Deribit SKHY_USDC-PERPETUAL0.0000%1h186.61+0.129%$47K$355K10xas long as short
HTX SKHY-USDT0.0000%8h186.50+0.070%$155K$377K50xas long as short
Phemex SKHYUSDT0.0000%8h186.53+0.086%$1.5M$1.1M10xas long as short
Nado SKHY-PERP+0.0027%1h186.68+0.164%$32K$28K10xas long as short
Lighter SKHY+0.0032%1h186.57+0.107%$993K$1.3M10xas long as short
Lighter RH SKHY+0.0032%1h186.53+0.086%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h186.60+0.124%$60K$173K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h186.58+0.113%$39K10xas long as short
Popdex SKHYUSDT+0.0048%1h186.65+0.150%$202K$299K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h186.60+0.124%$158.0M$78.4M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h186.61+0.129%$180K$451K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h186.48+0.059%$516K$2.6M10xas long as short
Coinbase International SKHY-PERP-INTX+0.0056%1h186.08−0.155%$110K$887K10xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h186.59+0.118%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h186.57+0.107%$2.1M$461K50xas long as short
Phoenix SKHY+0.0215%1h186.25−0.064%$209K$123K10xas long as short
SoDEX SKHY-USD+0.0271%1h186.55+0.097%$41K$12K10xas long as short
Kraken Futures PF_SKHYUSD+0.0754%1h186.72+0.186%$48K$20K20xas long as short