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+0.0749%/8h= +82.1% APRpaid last 24h +0.164%
Price spread now: Bybit against edgeX+0.143%111s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$380.379% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.536%−$54 on $10k
Price spread, last 4 days (all we have)−0.933%−$93 · spread now +0.143%, 7d avg −0.001%
Together, before fees−1.470%+ Points / potential airdropedgeX: Active · farm board−$147 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Bybit is 0.144% dearer against edgeX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.001%. Mind the row above: over the last 7 days funding on this pair cost −0.536%, so the current rate has only just turned in your favour. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SKHYUSDC186.53−0.0749get 0.0375% / 4h33m 44s$562K$291K10x
ShortBybit SKHYUSDT186.800get 0.0000% / 8h33m 44s$16.7M$29.4M100x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit 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
$157.36
Price spread: +0.143% → −0.001%
$14.43
Slippage, 4 orders
−$17.91
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$133.88
Costs to cover
0.379%
Break-even
1.0 days
Slippage from edgeX: live order book, 5 min ago; Bybit: live order book, 5 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, 5 min ago5.63 bp10.9 bp −$1115.3 bp −$153doesn't fitdoesn't fit
Sell Bybit live order book, 5 min ago0.80 bp7.7 bp −$813.2 bp −$13276.4 bp −$7,645doesn'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−0.1271%8h186.88+0.186%$25.4M$33.1M20xas long as short
edgeX SKHYUSDClong−0.0749%4h186.53long leg$562K$291K10x
Kraken Futures PF_SKHYUSD−0.0266%1h186.79+0.135%$48K$21K20xas long as short
tradeXYZ xyz:SKHY−0.0220%1h186.72+0.100%$158.6M$76.9M10xas long as short
Nado SKHY-PERP−0.0182%1h186.71+0.095%$33K$28K10xas long as short
Popdex SKHYUSDT−0.0152%1h186.65+0.063%$205K$288K20xas long as short
Polymarket Perps SKHY-USD−0.0134%1h186.58+0.025%$180K$487K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0072%1h187.58+0.561%$68K$905K10xas long as short
QFEX SKHY-USD−0.0061%1h186.63+0.052%$1.2M$4.3M10xas long as short
KuCoin SKHYUSDTM−0.0037%8h186.66+0.068%$1.1M$328K20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SKHY_USDC-PERPETUAL−0.0018%1h186.67+0.073%$49K$347K10xas long as short
Lighter SKHY−0.0016%1h186.69+0.084%$975K$1.2M10xas long as short
Aster SKHYUSDT0.0000%8h186.73+0.105%$223K$925K50xas long as short
Extended SKHY-USD0.0000%1h186.78+0.130%$54K$7K10xas long as short
Binance SKHYUSDT0.0000%8h186.80+0.145%$200.8M$450.5M50xas long as short
Bybit SKHYUSDTshort0.0000%8h186.80+0.143%$16.7M$29.4M100x
OKX SKHY-USDT-SWAP0.0000%8h186.73+0.105%$44.7M$79.8M50xas long as short
Gate SKHY_USDT0.0000%8h186.71+0.095%$25.6M$21.0M75xas long as short
Variational Omni SKHY0.0000%8h186.58+0.024%$1.6M$1.0Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h186.65+0.063%$22K$233K10xas long as short
SunX SKHY-USDT0.0000%8h186.95+0.223%$684$6.1M10xas long as short
HTX SKHY-USDT0.0000%8h186.62+0.046%$155K$363K50xas long as short
Phemex SKHYUSDT0.0000%8h186.66+0.068%$1.5M$1.1M10xas long as short
Ondo Perps SKHY-USD.P+0.0018%1h186.48−0.029%$521K$2.6M10xas long as short
Lighter RH SKHY+0.0032%1h186.68+0.079%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h186.61+0.041%$60K$171K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h186.61+0.041%$32K10xas long as short
SoDEX SKHY-USD+0.0050%1h186.65+0.063%$41K$12K10xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h186.65+0.063%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h186.61+0.041%$2.2M$426K50xas long as short
Phoenix SKHY+0.0129%1h186.78+0.132%$209K$123K10xas long as short