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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0042%/8h= +4.6% APRpaid last 24h −0.014%
Price spread now: SunX against Ondo Perps+0.242%7-day average +0.163% · 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−0.091%−$9 on $10k
Price spread, last 4 days (all we have)−0.150%−$15 · spread now +0.242%, 7d avg +0.163%
Together, before fees−0.241%+ Points / potential airdropOndo Perps: Active · farm board−$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SunX is 0.079% dearer against Ondo Perps than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.163%. Mind the row above: over the last 7 days funding on this pair cost −0.091%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps SKHY-USD.P186.07−0.0042get 0.0005% / 1h38m 13s$514K$2.6M10x
ShortSunX SKHY-USDT186.520get 0.0000% / 8h1h 38m$683$6.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Ondo Perps. 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
$8.74
Price spread: +0.242% → +0.163%
$7.88
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
$3.61
Costs to cover
0.130%
Break-even
4.1 days
Slippage unknown: Ondo Perps: no order-book sample; SunX: live order book, 11 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 Ondo Perps no order-book sample
Sell SunX live order book, 11 min ago29.57 bp72.7 bp −$73doesn't fitdoesn't fitdoesn't fit
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
Bitget SKHYUSDT−0.1179%8h186.47+0.215%$24.9M$31.7M20xas long as short
edgeX SKHYUSDC−0.0809%4h186.57+0.266%$562K$290K10xas long as short
Deribit SKHY_USDC-PERPETUAL−0.0715%1h186.27+0.107%$49K$341K10xas long as short
tradeXYZ xyz:SKHY−0.0197%1h186.27+0.107%$158.2M$74.2M10xas long as short
Nado SKHY-PERP−0.0195%1h186.42+0.189%$33K$28K10xas long as short
Popdex SKHYUSDT−0.0192%1h186.21+0.075%$196K$274K20xas long as short
Polymarket Perps SKHY-USD−0.0190%1h186.15+0.043%$180K$487K10xas long as short
Lighter SKHY−0.0144%1h186.26+0.102%$961K$1.1M10xas long as short
Kraken Futures PF_SKHYUSD−0.0139%1h186.36+0.156%$47K$19K20xas long as short
Coinbase International SKHY-PERP-INTX−0.0104%1h187.75+0.903%$63K$902K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX SKHY-USD−0.0049%1h186.22+0.081%$1.2M$4.1M10xas long as short
Ondo Perps SKHY-USD.Plong−0.0042%1h186.07long leg$514K$2.6M10x
Aster SKHYUSDT0.0000%8h186.56+0.262%$226K$916K50xas long as short
Extended SKHY-USD0.0000%1h186.20+0.068%$54K$7K10xas long as short
Binance SKHYUSDT0.0000%8h186.32+0.134%$198.9M$438.5M50xas long as short
Bybit SKHYUSDT0.0000%8h186.37+0.161%$15.8M$29.3M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h186.35+0.150%$44.5M$77.4M50xas long as short
Gate SKHY_USDT0.0000%8h186.25+0.097%$25.5M$20.4M75xas long as short
Variational Omni SKHY0.0000%8h186.53+0.248%$1.6M$1.0Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h186.59+0.280%$22K$228K10xas long as short
SunX SKHY-USDTshort0.0000%8h186.52+0.242%$683$6.1M10x
HTX SKHY-USDT0.0000%8h186.19+0.064%$154K$367K50xas long as short
Phemex SKHYUSDT0.0000%8h186.34+0.145%$1.5M$1.1M10xas long as short
Lighter RH SKHY+0.0032%1h186.27+0.107%$1.1M$1.6M10xas long as short
Arcus SKHY-USD+0.0040%1h186.51+0.236%$58K$165K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h186.41+0.183%$24K10xas long as short
SoDEX SKHY-USD+0.0050%1h186.25+0.097%$41K$13K10xas long as short
KuCoin SKHYUSDTM+0.0100%8h186.42+0.188%$1.1M$328K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h186.28+0.113%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h186.25+0.097%$2.2M$419K50xas long as short
Phoenix SKHY+0.0213%1h187.04+0.521%$210K$115K10xas long as short