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−0.0005%/8h= −0.6% APRpaid last 24h +0.003%
Price spread now: SunX against QFEX+0.191%7-day average +0.146% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1341.342% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)+0.006%+$1 on $10k
Price spread, last 3 days (all we have)−0.076%−$8 · spread now +0.191%, 7d avg +0.146%
Together, before fees−0.071%−$7 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 0.046% dearer against QFEX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.146%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX SKHY-USD193.220.0005pay 0.0001% / 1h59m 34s$1.2M$4.9M10x
ShortSunX SKHY-USDT193.590get 0.0000% / 8h6h 59m$709$6.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against QFEX. 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
−$1.14
Price spread: +0.191% → +0.146%
$4.6
Slippage, 4 orders
−$116.17
Fee QFEX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$130.72
Costs to cover
1.342%
Break-even
never at this rate
Slippage from QFEX: live order book, 9 min ago; SunX: live order book, 9 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 QFEX live order book, 9 min ago1.81 bp6.8 bp −$710.0 bp −$100doesn't fitdoesn't fit
Sell SunX live order book, 9 min ago29.44 bp72.7 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
edgeX SKHYUSDC−0.0880%4h193.20−0.011%$582K$291K10xas long as short
Nado SKHY-PERP−0.0023%1h193.24+0.012%$44K$20K10xas long as short
Aster SKHYUSDT0.0000%8h193.26+0.020%$249K$890K50xas long as short
Extended SKHY-USD0.0000%1h193.25+0.015%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.28+0.031%$211.5M$385.1M50xas long as short
Bybit SKHYUSDT0.0000%8h193.28+0.031%$15.7M$27.1M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.31+0.047%$47.0M$68.6M50xas long as short
Gate SKHY_USDT0.0000%8h193.23+0.005%$25.8M$18.5M75xas long as short
Variational Omni SKHY0.0000%8h193.13−0.046%$1.7M$2.3Mas long as short
SunX SKHY-USDTshort0.0000%8h193.59+0.191%$709$6.7M10x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SKHY_USDC-PERPETUAL0.0000%1h193.25+0.016%$48K$270K10xas long as short
HTX SKHY-USDT0.0000%8h193.19−0.016%$160K$376K50xas long as short
Phemex SKHYUSDT0.0000%8h193.220.000%$1.5M$1.1M10xas long as short
QFEX SKHY-USDlong+0.0005%1h193.22long leg$1.2M$4.9M10x
Lighter SKHY+0.0032%1h193.18−0.021%$1.0M$654K10xas long as short
Lighter RH SKHY+0.0032%1h193.16−0.031%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h193.25+0.016%$57K$153K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.25+0.016%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.29+0.036%$197K$258K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h193.21−0.005%$163.5M$66.7M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h193.15−0.036%$190K$454K10xas long as short
SoDEX SKHY-USD+0.0050%1h193.18−0.021%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h193.09−0.067%$541K$1.7M10xas long as short
Coinbase International SKHY-PERP-INTX+0.0088%1h193.24+0.010%$54K$870K10xas long as short
KuCoin SKHYUSDTM+0.0100%8h193.29+0.036%$1.1M$279K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.25+0.016%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.19−0.016%$2.2M$446K50xas long as short
Phoenix SKHY+0.0335%1h193.41+0.098%$218K$119K10xas long as short
GRVT SKHY_USDT_Perp+0.0341%8h193.23+0.006%$22K$192K10xas long as short
Bitget SKHYUSDT+0.0428%8h193.28+0.031%$25.7M$26.6M20xas long as short
Kraken Futures PF_SKHYUSD+0.0708%1h193.35+0.070%$51K$17K20xas long as short