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+0.0708%/8h= +77.5% APRpaid last 24h +0.147%
Price spread now: Kraken Futures against SunX−0.121%7-day average · you buy dearer than you sell
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+0.689%+$69 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Kraken Futures is 0.121% cheaper against SunX than usual: you would sell low and buy high (spread −0.121% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$12 on $10k: about 14 hours of funding at the current rate (+$21 a day). At the pace of the last 7 days (+0.689% in total) that is about 30 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SKHY-USDT193.590get 0.0000% / 8h6h 59m$709$6.7M10x
ShortKraken Futures PF_SKHYUSD193.350.0708get 0.0088% / 1h59m 35s$51K$17K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Kraken Futures 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
$148.62
Price spread: −0.121% → 0.000%
−$12.14
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Kraken Futures: 5 bp × 2 orders
−$10
Net
$118.48
Costs to cover
0.180%
Break-even
1.4 days
Slippage unknown: SunX: live order book, 9 min ago; Kraken Futures: no order-book sample. 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 SunX live order book, 9 min ago29.44 bp47.9 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Kraken Futures no order-book sample
Kraken Futures: 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
edgeX SKHYUSDC−0.0880%4h193.20−0.202%$582K$291K10xas long as short
Nado SKHY-PERP−0.0023%1h193.33−0.136%$44K$20K10xas long as short
Aster SKHYUSDT0.0000%8h193.26−0.169%$249K$890K50xas long as short
Extended SKHY-USD0.0000%1h193.25−0.176%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.29−0.155%$211.5M$385.1M50xas long as short
Bybit SKHYUSDT0.0000%8h193.31−0.145%$15.7M$27.1M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.35−0.124%$47.0M$68.6M50xas long as short
Gate SKHY_USDT0.0000%8h193.23−0.186%$25.8M$18.5M75xas long as short
Variational Omni SKHY0.0000%8h193.13−0.237%$1.7M$2.3Mas long as short
SunX SKHY-USDTlong0.0000%8h193.59long leg$709$6.7M10x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SKHY_USDC-PERPETUAL0.0000%1h193.25−0.176%$48K$270K10xas long as short
HTX SKHY-USDT0.0000%8h193.19−0.207%$160K$376K50xas long as short
Phemex SKHYUSDT0.0000%8h193.22−0.191%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0005%1h193.27−0.165%$1.2M$4.9M10xas long as short
Lighter SKHY+0.0032%1h193.18−0.212%$1.0M$654K10xas long as short
Lighter RH SKHY+0.0032%1h193.16−0.222%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h193.25−0.176%$57K$153K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.29−0.155%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.33−0.134%$197K$258K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h193.20−0.201%$163.5M$66.7M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h193.22−0.191%$190K$454K10xas long as short
SoDEX SKHY-USD+0.0050%1h193.18−0.212%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h193.09−0.258%$541K$1.7M10xas long as short
Coinbase International SKHY-PERP-INTX+0.0088%1h193.24−0.181%$54K$870K10xas long as short
KuCoin SKHYUSDTM+0.0100%8h193.29−0.155%$1.1M$279K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.25−0.176%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.19−0.207%$2.2M$446K50xas long as short
Phoenix SKHY+0.0335%1h193.41−0.093%$218K$120K10xas long as short
GRVT SKHY_USDT_Perp+0.0406%8h193.39−0.103%$23K$192K10xas long as short
Bitget SKHYUSDT+0.0428%8h193.25−0.176%$25.7M$26.6M20xas long as short
Kraken Futures PF_SKHYUSDshort+0.0708%1h193.35−0.121%$51K$17K20x