Funding arb · Price arb /

SKHY

RWAall SKHY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8hnext payment +$0.00 per $10,000 · paid last 24h +0.025%

Price spread now: Variational Omni against HTX+0.155%7-day average +0.026% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on HTX Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.025%+$3 on $10k

Price spread, last 3 days (all we have)−0.118%−$12 · spread now +0.155%, 7d avg +0.026%

Together, before fees−0.093%+ Points / potential airdropVariational Omni: Active · farm board−$9 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.129% dearer against HTX than usual: you sell high and buy low, +$13 on $10k if it goes back to its 7-day average of +0.026%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX SKHY-USDT	189.16	0	get 0.0000% / 8h	4h 22m	$155K	$381K	50x
Short	Variational Omni SKHY	189.45	0	get 0.0000% / 8h	4h 22m	$1.5M	$2.5M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee Variational OmnibpOrdersPrice spread, now +0.155%Rate

Funding earned: $0
Price spread: +0.155% → +0.026%: $12.94
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $0.94
Costs to cover: 0.120%
Break-even: from the start

Slippage unknown: HTX: live order book, 10 min ago; Variational Omni: RFQ quote, 1 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX live order book, 10 min ago	3.17 bp	9.2 bp −$9	12.7 bp −$127	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 1 min ago	2.25 bp	doesn't fit	7.7 bp −$77	doesn't fit	doesn't fit

SKHY on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX SKHYUSDC	−0.0474%	4h	189.44	+0.146%	$571K	$289K	10x	as long as short
Nado SKHY-PERP	−0.0190%	1h	189.22	+0.034%	$28K	$2K	10x	as long as short
KuCoin SKHYUSDTM	−0.0022%	8h	189.34	+0.095%	$1.1M	$302K	20x	as long as short
tradeXYZ xyz:SKHY	−0.0008%	1h	189.44	+0.148%	$167.1M	$62.3M	10x	as long as short
QFEX SKHY-USD	−0.0006%	1h	189.39	+0.122%	$1.2M	$5.2M	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	189.35	+0.100%	$261K	$840K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	189.46	+0.158%	$55K	$4K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	189.46	+0.161%	$215.1M	$363.3M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	189.46	+0.159%	$16.1M	$25.2M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	189.40	+0.127%	$47.3M	$60.2M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Gate SKHY_USDT	0.0000%	8h	189.37	+0.111%	$26.8M	$16.5M	75x	as long as short
Bitget SKHYUSDT	0.0000%	8h	189.47	+0.164%	$25.6M	$23.7M	20x	as long as short
Variational Omni SKHYshort	0.0000%	8h	189.45	+0.155%	$1.5M	$2.5M	—
GRVT SKHY_USDT_Perp	0.0000%	8h	189.44	+0.146%	$22K	$207K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	189.58	+0.222%	$694	$7.4M	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	0.0000%	1h	189.37	+0.111%	$45K	$205K	10x	as long as short
HTX SKHY-USDTlong	0.0000%	8h	189.16	long leg	$155K	$381K	50x
Phemex SKHYUSDT	0.0000%	8h	188.98	−0.095%	$1.5M	$1.1M	10x	as long as short
Polymarket Perps SKHY-USD	+0.0029%	1h	189.38	+0.116%	$192K	$922K	10x	as long as short
Lighter SKHY	+0.0032%	1h	189.42	+0.137%	$1.0M	$687K	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	189.35	+0.100%	$1.1M	$1.4M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	189.36	+0.106%	$62K	$141K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0044%	1h	189.14	−0.011%	$527K	$846K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	189.46	+0.159%	—	$11K	10x	as long as short
Popdex SKHYUSDT	+0.0048%	1h	189.43	+0.143%	$204K	$232K	20x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	189.44	+0.148%	$42K	$12K	10x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	189.31	+0.079%	$2K	$5K	10x	as long as short
Coinbase International SKHY-PERP-INTX	+0.0112%	1h	189.61	+0.238%	$170K	$670K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	189.28	+0.063%	$2.3M	$364K	50x	as long as short
Phoenix SKHY	+0.0297%	1h	189.68	+0.275%	$214K	$119K	10x	as long as short
Kraken Futures PF_SKHYUSD	+0.0740%	1h	189.41	+0.133%	$50K	$26K	20x	as long as short