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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0032%/8h= −3.5% APRpaid last 24h −0.007%
Price spread now: Variational Omni against Lighter+0.080%7-day average +0.079% · 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 3 days (all we have)−0.002%$0 on $10k
Price spread, last 7 days−0.086%−$9 · spread now +0.080%, 7d avg +0.079%
Together, before fees−0.088%+ Points / potential airdropLighter: Season 3 · Variational Omni: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.079%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter SKHY193.060.0032pay 0.0004% / 1h46m 04s$1.0M$620K10x
ShortVariational Omni SKHY193.220get 0.0000% / 8h7h 46m$1.6M$2.3M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Lighter. 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
−$6.72
Price spread: +0.080% → +0.079%
$0.11
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$6.61
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Lighter: live order book, 5 min ago; Variational Omni: RFQ quote, 3 min ago. 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 Lighter live order book, 5 min ago0.52 bp0.5 bp −$111.7 bp −$117doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 3 min ago2.23 bpdoesn't fit3.9 bp −$39doesn'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
edgeX SKHYUSDC−0.0833%4h192.72−0.175%$581K$290K10xas long as short
Nado SKHY-PERP−0.0065%1h193.14+0.041%$29K$2K10xas long as short
Aster SKHYUSDT0.0000%8h192.86−0.101%$256K$921K50xas long as short
Extended SKHY-USD0.0000%1h193.18+0.062%$56K$6K10xas long as short
Binance SKHYUSDT0.0000%8h193.21+0.080%$213.7M$384.7M50xas long as short
Bybit SKHYUSDT0.0000%8h193.26+0.104%$15.9M$27.4M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.28+0.114%$47.3M$66.5M50xas long as short
Gate SKHY_USDT0.0000%8h193.13+0.036%$26.4M$17.5M75xas long as short
Bitget SKHYUSDT0.0000%8h193.25+0.098%$25.8M$26.6M20xas long as short
Variational Omni SKHYshort0.0000%8h193.22+0.080%$1.6M$2.3M
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.46+0.207%$708$7.0M10xas long as short
HTX SKHY-USDT0.0000%8h193.12+0.031%$160K$396K50xas long as short
Phemex SKHYUSDT0.0000%8h192.97−0.047%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0005%1h193.18+0.062%$1.2M$5.3M10xas long as short
Lighter SKHYlong+0.0032%1h193.06long leg$1.0M$620K10x
Lighter RH SKHY+0.0032%1h193.01−0.026%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h192.99−0.036%$57K$155K10xas long as short
KuCoin SKHYUSDTM+0.0045%8h193.03−0.016%$1.1M$276K20xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.21+0.078%$13K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.24+0.093%$197K$256K20xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h193.25+0.098%$611K$1.6M10xas long as short
Coinbase International SKHY-PERP-INTX+0.0088%1h190.51−1.321%$171K$682K10xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.19+0.067%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.42+0.186%$2.3M$429K50xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0268%1h193.26+0.104%$46K$259K10xas long as short
GRVT SKHY_USDT_Perp+0.0282%8h192.80−0.136%$23K$202K10xas long as short
Phoenix SKHY+0.0335%1h192.35−0.368%$217K$120K10xas long as short
Polymarket Perps SKHY-USD+0.0396%1h193.15+0.047%$200K$416K10xas long as short
tradeXYZ xyz:SKHY+0.0500%1h193.09+0.016%$166.9M$65.2M10xas long as short
Kraken Futures PF_SKHYUSD+0.0708%1h193.25+0.100%$51K$25K20xas long as short
SoDEX SKHY-USD+0.1184%1h193.14+0.041%$43K$13K10xas long as short