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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0362%/8h= +39.6% APRpaid last 24h +0.179%
Price spread now: Ondo Perps against edgeX+0.053%7-day average −0.025% · you sell dearer than you buy
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 7 days−0.470%−$47 on $10k
Price spread, last 4 days (all we have)−0.223%−$22 · spread now +0.053%, 7d avg −0.025%
Together, before fees−0.692%+ Points / potential airdropedgeX: Active · Ondo Perps: Active · farm board−$69 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Ondo Perps is 0.078% dearer against edgeX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.025%. Mind the row above: over the last 7 days funding on this pair cost −0.470%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SKHYUSDC189.89−0.0312get 0.0156% / 4h3h 37m$572K$290K10x
ShortOndo Perps SKHY-USD.P189.990.0050get 0.0006% / 1h37m 29s$563K$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$76.01
Price spread: +0.053% → −0.025%
$7.82
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$69.83
Costs to cover
0.140%
Break-even
0.6 days
Slippage unknown: edgeX: live order book, 16 min ago; Ondo Perps: 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 edgeX live order book, 16 min ago1.04 bp5.9 bp −$611.0 bp −$110doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
Ondo Perps: 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 SKHYUSDClong−0.0312%4h189.89long leg$572K$290K10x
Coinbase International SKHY-PERP-INTX−0.0104%1h192.84+1.554%$45K$861K10xas long as short
tradeXYZ xyz:SKHY−0.0003%1h189.88−0.005%$158.8M$69.1M10xas long as short
Aster SKHYUSDT0.0000%8h189.96+0.038%$247K$893K50xas long as short
Extended SKHY-USD0.0000%1h189.98+0.050%$55K$7K10xas long as short
Binance SKHYUSDT0.0000%8h190.10+0.110%$199.7M$404.3M50xas long as short
Bybit SKHYUSDT0.0000%8h190.12+0.122%$15.3M$28.6M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h190.08+0.101%$45.3M$72.9M50xas long as short
Gate SKHY_USDT0.0000%8h190.01+0.064%$25.6M$19.5M75xas long as short
Bitget SKHYUSDT0.0000%8h190.08+0.101%$24.4M$28.4M20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SKHY0.0000%8h190.47+0.307%$1.6M$1.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h189.92+0.017%$23K$213K10xas long as short
SunX SKHY-USDT0.0000%8h190.26+0.196%$696$6.2M10xas long as short
Deribit SKHY_USDC-PERPETUAL0.0000%1h189.98+0.048%$48K$326K10xas long as short
HTX SKHY-USDT0.0000%8h189.89+0.001%$158K$369K50xas long as short
Phemex SKHYUSDT0.0000%8h189.99+0.053%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0011%1h190.09+0.106%$1.2M$4.1M10xas long as short
Lighter SKHY+0.0032%1h189.83−0.031%$1.0M$692K10xas long as short
Lighter RH SKHY+0.0032%1h189.85−0.020%$1.1M$1.4M10xas long as short
Arcus SKHY-USD+0.0040%1h190.11+0.117%$59K$164K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h190.06+0.090%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h190.09+0.106%$200K$257K20xas long as short
Polymarket Perps SKHY-USD+0.0050%1h189.89+0.001%$183K$470K10xas long as short
SoDEX SKHY-USD+0.0050%1h189.91+0.011%$42K$13K10xas long as short
Ondo Perps SKHY-USD.Pshort+0.0050%1h189.99+0.053%$563K$2.7M10x
Nado SKHY-PERP+0.0093%1h190.11+0.118%$34K$28K10xas long as short
KuCoin SKHYUSDTM+0.0100%8h189.96+0.038%$1.1M$319K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h189.95+0.032%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h189.85−0.020%$2.2M$435K50xas long as short
Phoenix SKHY+0.0375%1h190.44+0.290%$213K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0690%1h190.00+0.058%$48K$19K20xas long as short