Funding arb · Price arb /

SKHY

RWAall SKHY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC+0.0046%/8h= +5.0% APRpaid last 24h +0.014%

Price spread now: Vest against SunX−0.147%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on Vest

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Funding pays, the price is against you. Vest is 0.147% cheaper against SunX than usual: you would sell low and buy high (spread −0.147% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 11 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SKHY-USDT	190.26	0	get 0.0000% / 8h	3h 37m	$696	$6.2M	10x
Short	Vest SKHY-USD-PERP	189.98	0.0046	get 0.0006% / 1h	37m 46s	—	$12K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Vest 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

Position, each leg$Hold fordaysFee SunXbpFee VestbpOrdersPrice spread, now −0.147%Rate

Funding earned: $9.59
Price spread: −0.147% → 0.000%: −$14.72
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee Vest: 1 bp × 2 orders: −$2
Net: −$15.12
Costs to cover: 0.100%
Break-even: 18.0 days

Slippage unknown: SunX: live order book, 11 min ago; Vest: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 11 min ago	29.31 bp	47.8 bp −$48	doesn't fit	doesn't fit	doesn't fit
Sell Vest no order-book sample	—	—	—	—	—

Vest: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX SKHYUSDC	−0.0799%	4h	190.46	+0.103%	$574K	$290K	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0104%	1h	192.84	+1.356%	$45K	$861K	10x	as long as short
tradeXYZ xyz:SKHY	−0.0003%	1h	189.88	−0.200%	$158.8M	$69.1M	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	189.99	−0.141%	$247K	$893K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	189.89	−0.196%	$55K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	189.97	−0.154%	$199.6M	$404.3M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	189.96	−0.158%	$15.3M	$28.6M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	190.02	−0.126%	$45.2M	$72.9M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	189.94	−0.168%	$25.6M	$19.5M	75x	as long as short
Bitget SKHYUSDT	0.0000%	8h	189.98	−0.147%	$24.4M	$28.4M	20x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SKHY	0.0000%	8h	190.47	+0.111%	$1.6M	$1.1M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	190.25	−0.007%	$22K	$211K	10x	as long as short
SunX SKHY-USDTlong	0.0000%	8h	190.26	long leg	$696	$6.2M	10x
Deribit SKHY_USDC-PERPETUAL	0.0000%	1h	189.98	−0.147%	$48K	$326K	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	189.89	−0.194%	$158K	$369K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	189.99	−0.142%	$1.5M	$1.1M	10x	as long as short
QFEX SKHY-USD	+0.0011%	1h	189.98	−0.147%	$1.2M	$4.1M	10x	as long as short
Lighter SKHY	+0.0032%	1h	189.83	−0.226%	$1.0M	$692K	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	189.85	−0.215%	$1.1M	$1.4M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	190.21	−0.026%	$59K	$164K	10x	as long as short
Vest SKHY-USD-PERPshort	+0.0046%	1h	189.98	−0.147%	—	$12K	10x
Popdex SKHYUSDT	+0.0048%	1h	189.96	−0.158%	$200K	$257K	20x	as long as short
Polymarket Perps SKHY-USD	+0.0050%	1h	189.89	−0.194%	$183K	$470K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	189.91	−0.184%	$42K	$13K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	189.99	−0.142%	$563K	$2.7M	10x	as long as short
Nado SKHY-PERP	+0.0097%	1h	190.01	−0.131%	$34K	$28K	10x	as long as short
KuCoin SKHYUSDTM	+0.0100%	8h	189.96	−0.158%	$1.1M	$319K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	189.95	−0.163%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	189.85	−0.215%	$2.2M	$435K	50x	as long as short
Phoenix SKHY	+0.0375%	1h	190.44	+0.095%	$213K	$124K	10x	as long as short
Kraken Futures PF_SKHYUSD	+0.0690%	1h	190.00	−0.137%	$48K	$19K	20x	as long as short