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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: SunX against Phemex+0.166%7-day average +0.137% · you sell dearer than you buy
Net, funding: paid 7d − costs−$219as in the Funding arb table
Net, price: spread back to 7d avg − costs−$216as in the Price arb table
costs, in and out, $10k−$2192.194% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.003%$0 · spread now +0.166%, 7d avg +0.137%
Together, before fees−0.003%$0 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: SunX is 0.030% dearer against Phemex than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.137%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhemex SKHYUSDT186.570get 0.0000% / 8h1h 24m$1.5M$1.1M10x
ShortSunX SKHY-USDT186.880get 0.0000% / 8h1h 24m$684$6.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Phemex. 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
$0
Price spread: +0.166% → +0.137%
$2.96
Slippage, 4 orders
−$199.36
Fee Phemex: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$216.39
Costs to cover
2.194%
Break-even
never at this rate
Slippage from Phemex: live order book, 3 min ago; SunX: live order book, 4 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 Phemex live order book, 3 min ago3.75 bp46.0 bp −$46doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 4 min ago29.70 bp72.9 bp −$73doesn't fitdoesn'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
Bitget SKHYUSDT−0.1300%8h186.82+0.134%$25.0M$31.7M20xas long as short
edgeX SKHYUSDC−0.0762%4h186.50−0.039%$562K$290K10xas long as short
Deribit SKHY_USDC-PERPETUAL−0.0286%1h186.61+0.021%$49K$343K10xas long as short
Nado SKHY-PERP−0.0188%1h186.72+0.083%$33K$28K10xas long as short
tradeXYZ xyz:SKHY−0.0180%1h186.69+0.064%$158.6M$74.7M10xas long as short
Popdex SKHYUSDT−0.0168%1h186.70+0.070%$197K$275K20xas long as short
Polymarket Perps SKHY-USD−0.0165%1h186.60+0.016%$180K$487K10xas long as short
Kraken Futures PF_SKHYUSD−0.0139%1h186.57+0.002%$47K$19K20xas long as short
Coinbase International SKHY-PERP-INTX−0.0104%1h187.75+0.632%$63K$902K10xas long as short
Lighter SKHY−0.0072%1h186.56−0.005%$954K$1.1M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX SKHY-USD−0.0049%1h186.67+0.054%$1.2M$4.2M10xas long as short
Ondo Perps SKHY-USD.P−0.0038%1h186.39−0.096%$515K$2.6M10xas long as short
Aster SKHYUSDT0.0000%8h186.74+0.090%$226K$919K50xas long as short
Extended SKHY-USD0.0000%1h186.58+0.003%$54K$7K10xas long as short
Binance SKHYUSDT0.0000%8h186.68+0.059%$199.2M$439.8M50xas long as short
Bybit SKHYUSDT0.0000%8h186.73+0.086%$15.9M$29.3M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h186.68+0.059%$44.6M$77.7M50xas long as short
Gate SKHY_USDT0.0000%8h186.62+0.027%$25.6M$20.5M75xas long as short
Variational Omni SKHY0.0000%8h186.64+0.039%$1.6M$1.0Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h186.51−0.032%$22K$230K10xas long as short
SunX SKHY-USDTshort0.0000%8h186.88+0.166%$684$6.1M10x
HTX SKHY-USDT0.0000%8h186.50−0.038%$155K$366K50xas long as short
Phemex SKHYUSDTlong0.0000%8h186.57long leg$1.5M$1.1M10x
Lighter RH SKHY+0.0032%1h186.54−0.016%$1.1M$1.6M10xas long as short
Arcus SKHY-USD+0.0040%1h186.51−0.032%$59K$165K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h186.72+0.080%$24K10xas long as short
SoDEX SKHY-USD+0.0050%1h186.59+0.011%$41K$13K10xas long as short
KuCoin SKHYUSDTM+0.0081%8h186.60+0.016%$1.1M$327K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h186.61+0.021%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h186.58+0.005%$2.2M$421K50xas long as short
Phoenix SKHY+0.0213%1h186.53−0.021%$209K$115K10xas long as short