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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0874%/8h= −95.6% APRpaid last 24h −0.025%
Price spread now: edgeX against SunX−0.117%7-day average −0.149% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$130as in the Price arb table
costs, in and out, $10k−$1331.327% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.700%+$70 on $10k
Price spread, last 3 days (all we have)−0.020%−$2 · spread now −0.117%, 7d avg −0.149%
Together, before fees+0.680%+ Points / potential airdropedgeX: Active · farm board+$68 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.032% dearer against SunX than usual: you sell high and buy low (spread −0.117% now, against its 7-day average of −0.149%): +$3 on $10k if it goes back. Holding the pair costs −$26 a day in funding at the current rate, which eats that in about 3 hours. Mind the row above: over the last 7 days funding on this pair paid +0.700%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SKHY-USDT192.920get 0.0000% / 8h6h 37m$706$6.6M10x
ShortedgeX SKHYUSDC192.69−0.0874pay 0.0437% / 4h2h 37m$581K$290K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against SunX. 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
−$183.44
Price spread: −0.117% → −0.149%
$3.19
Slippage, 4 orders
−$115.7
Fee SunX: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$312.95
Costs to cover
1.327%
Break-even
never at this rate
Slippage from SunX: live order book, 12 min ago; edgeX: live order book, 31 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 SunX live order book, 12 min ago29.48 bp48.0 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 31 min ago1.03 bp5.8 bp −$610.7 bp −$107doesn'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 SKHYUSDCshort−0.0874%4h192.69−0.117%$581K$290K10x
Coinbase International SKHY-PERP-INTX−0.0072%1h192.90−0.010%$45K$874K10xas long as short
Aster SKHYUSDT0.0000%8h192.70−0.115%$248K$890K50xas long as short
Extended SKHY-USD0.0000%1h192.61−0.163%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h192.62−0.156%$210.0M$385.3M50xas long as short
Bybit SKHYUSDT0.0000%8h192.61−0.161%$15.6M$27.2M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h192.57−0.181%$46.7M$69.0M50xas long as short
Gate SKHY_USDT0.0000%8h192.57−0.181%$25.7M$18.8M75xas long as short
Variational Omni SKHY0.0000%8h192.94+0.008%$1.6M$2.2Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h192.71−0.108%$22K$192K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDTlong0.0000%8h192.92long leg$706$6.6M10x
Deribit SKHY_USDC-PERPETUAL0.0000%1h192.60−0.166%$48K$270K10xas long as short
HTX SKHY-USDT0.0000%8h192.63−0.150%$160K$376K50xas long as short
Phemex SKHYUSDT0.0000%8h192.58−0.176%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0002%1h192.64−0.145%$1.2M$4.6M10xas long as short
Nado SKHY-PERP+0.0026%1h192.72−0.105%$42K$21K10xas long as short
Lighter SKHY+0.0032%1h192.48−0.228%$1.0M$683K10xas long as short
Lighter RH SKHY+0.0032%1h192.45−0.244%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h192.77−0.078%$57K$154K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h192.66−0.135%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h192.66−0.135%$197K$257K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h192.58−0.176%$162.6M$65.3M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h192.55−0.192%$188K$456K10xas long as short
SoDEX SKHY-USD+0.0050%1h192.60−0.166%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h192.91−0.005%$533K$1.8M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h192.64−0.145%$1.1M$280K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h192.68−0.124%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.08+0.083%$2.3M$445K50xas long as short
Phoenix SKHY+0.0331%1h192.96+0.021%$216K$123K10xas long as short
Bitget SKHYUSDT+0.0353%8h192.70−0.114%$25.5M$26.4M20xas long as short
Kraken Futures PF_SKHYUSD+0.0707%1h192.68−0.126%$51K$17K20xas long as short