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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0004%/8h= +0.4% APRpaid last 24h −0.002%
Price spread now: QFEX against SunX−0.166%7-day average −0.146% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$135as in the Price arb table
costs, in and out, $10k−$1331.326% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.006%−$1 on $10k
Price spread, last 3 days (all we have)+0.051%+$5 · spread now −0.166%, 7d avg −0.146%
Together, before fees+0.046%+$5 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SKHY-USDT193.170get 0.0000% / 8h5h 48m$707$6.4M10x
ShortQFEX SKHY-USD192.850.0004get 0.0000% / 1h48m 50s$1.2M$4.3M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$0.81
Price spread: −0.166% → −0.146%
−$1.95
Slippage, 4 orders
−$114.55
Fee SunX: 4 bp × 2 orders
−$8
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$133.7
Costs to cover
1.326%
Break-even
1167.6 days
Slippage from SunX: live order book, 10 min ago; QFEX: 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 SunX live order book, 10 min ago29.48 bp48.2 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell QFEX live order book, 4 min ago1.04 bp6.0 bp −$66.9 bp −$69doesn't fitdoesn't fit

SKHY on 30 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−0.0107%4h193.03−0.073%$582K$290K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0032%1h192.90−0.140%$45K$874K10xas long as short
Aster SKHYUSDT0.0000%8h192.74−0.222%$248K$890K50xas long as short
Extended SKHY-USD0.0000%1h192.69−0.249%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h192.66−0.262%$208.1M$385.3M50xas long as short
Bybit SKHYUSDT0.0000%8h192.66−0.264%$15.7M$27.3M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h192.64−0.274%$46.8M$69.1M50xas long as short
Gate SKHY_USDT0.0000%8h192.69−0.248%$25.8M$18.9M75xas long as short
Variational Omni SKHY0.0000%8h193.08−0.048%$1.6M$1.3Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h193.09−0.041%$22K$193K10xas long as short
Show all 30 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDTlong0.0000%8h193.17long leg$707$6.4M10x
HTX SKHY-USDT0.0000%8h192.80−0.192%$160K$368K50xas long as short
Phemex SKHYUSDT0.0000%8h192.98−0.098%$1.5M$1.1M10xas long as short
QFEX SKHY-USDshort+0.0004%1h192.85−0.166%$1.2M$4.3M10x
Lighter SKHY+0.0032%1h192.64−0.274%$1.0M$686K10xas long as short
Lighter RH SKHY+0.0032%1h192.66−0.264%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h192.99−0.093%$57K$154K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h192.91−0.135%$11K10xas long as short
Popdex SKHYUSDT+0.0048%1h192.91−0.135%$198K$255K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h192.66−0.264%$161.8M$66.4M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h192.78−0.202%$188K$456K10xas long as short
SoDEX SKHY-USD+0.0050%1h192.83−0.176%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h192.91−0.135%$569K$2.1M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h192.75−0.217%$1.1M$290K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h192.88−0.150%$2K$4K10xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0113%1h192.86−0.160%$48K$285K10xas long as short
Nado SKHY-PERP+0.0127%1h192.85−0.165%$38K$26K10xas long as short
Bitget SKHYUSDT+0.0218%8h192.90−0.140%$25.6M$26.4M20xas long as short
Phoenix SKHY+0.0332%1h193.23+0.031%$216K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0546%1h192.97−0.102%$51K$17K20xas long as short