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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.013%
Price spread now: Ondo Perps against SunX−0.129%7-day average −0.161% · 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+0.092%+$9 on $10k
Price spread, last 4 days (all we have)+0.030%+$3 · spread now −0.129%, 7d avg −0.161%
Together, before fees+0.122%+ Points / potential airdropOndo Perps: Active · farm board+$12 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Ondo Perps is 0.033% dearer against SunX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.161%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SKHY-USDT186.450get 0.0000% / 8h4m 05s$682$6.0M10x
ShortOndo Perps SKHY-USD.P186.210.0050get 0.0006% / 1h4m 05s$520K$2.6M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps 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
$10.58
Price spread: −0.129% → −0.161%
$3.27
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$0.86
Costs to cover
0.130%
Break-even
6.4 days
Slippage unknown: SunX: live order book, 5 min ago; Ondo Perps: 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, 5 min ago29.49 bp47.9 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
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−0.1247%8h186.37−0.043%$25.5M$33.5M20xas long as short
edgeX SKHYUSDC−0.0562%4h186.21−0.129%$561K$290K10xas long as short
Kraken Futures PF_SKHYUSD−0.0266%1h186.55+0.053%$48K$21K20xas long as short
Deribit SKHY_USDC-PERPETUAL−0.0179%1h186.21−0.129%$49K$348K10xas long as short
tradeXYZ xyz:SKHY−0.0125%1h186.13−0.172%$158.0M$76.8M10xas long as short
Nado SKHY-PERP−0.0114%1h186.27−0.099%$33K$28K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0072%1h187.58+0.606%$68K$788K10xas long as short
KuCoin SKHYUSDTM−0.0063%8h186.15−0.161%$1.1M$351K20xas long as short
QFEX SKHY-USD−0.0061%1h186.19−0.139%$1.2M$4.3M10xas long as short
Polymarket Perps SKHY-USD−0.0037%1h186.11−0.182%$180K$486K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SKHYUSDT0.0000%8h186.27−0.098%$225K$899K50xas long as short
Extended SKHY-USD0.0000%1h186.08−0.200%$54K$7K10xas long as short
Binance SKHYUSDT0.0000%8h186.13−0.174%$199.6M$453.3M50xas long as short
Bybit SKHYUSDT0.0000%8h186.11−0.182%$15.9M$30.6M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h186.06−0.209%$44.4M$80.1M50xas long as short
Gate SKHY_USDT0.0000%8h186.11−0.182%$25.5M$21.2M75xas long as short
Variational Omni SKHY0.0000%8h186.18−0.145%$1.6M$1.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h186.23−0.120%$22K$239K10xas long as short
SunX SKHY-USDTlong0.0000%8h186.45long leg$682$6.0M10x
HTX SKHY-USDT0.0000%8h186.07−0.204%$154K$363K50xas long as short
Phemex SKHYUSDT0.0000%8h186.16−0.156%$1.5M$1.1M10xas long as short
Popdex SKHYUSDT+0.0008%1h186.18−0.145%$204K$287K20xas long as short
Lighter SKHY+0.0016%1h186.20−0.134%$973K$1.2M10xas long as short
Lighter RH SKHY+0.0032%1h186.17−0.150%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h186.16−0.156%$60K$171K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h186.19−0.139%$32K10xas long as short
SoDEX SKHY-USD+0.0050%1h186.17−0.150%$41K$12K10xas long as short
Ondo Perps SKHY-USD.Pshort+0.0050%1h186.21−0.129%$520K$2.6M10x
Orderly PERP_SKHY_USDC_mythos+0.0100%8h186.21−0.129%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h186.19−0.139%$2.2M$426K50xas long as short
Phoenix SKHY+0.0129%1h186.40−0.027%$209K$123K10xas long as short