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−0.0048%/8h= −5.3% APRpaid last 24h +0.010%
Price spread now: Coinbase International against Variational Omni−0.057%7-day average +0.109% · 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 3 days (all we have)−0.019%−$2 on $10k
Price spread, last 4 days (all we have)+0.178%+$18 · spread now −0.057%, 7d avg +0.109%
Together, before fees+0.160%+ Points / potential airdropVariational Omni: Active · farm board+$16 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Coinbase International is 0.166% cheaper against Variational Omni than usual: you would sell low and buy high (−$17 if the spread goes back to its 7-day average of +0.109%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni SKHY192.950get 0.0000% / 8h4h 08m$1.6M$1.1M
ShortCoinbase International SKHY-PERP-INTX192.84−0.0048pay 0.0006% / 1h8m 38s$45K$861K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Coinbase International against Variational Omni. 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
−$10.08
Price spread: −0.057% → +0.109%
−$16.6
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Coinbase International: 5 bp × 2 orders
−$10
Net
−$36.68
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, just now; Coinbase International: live order book, 50 min ago. 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 Variational Omni RFQ quote, just now2.23 bpdoesn't fit4.9 bp −$49doesn't fitdoesn't fit
Sell Coinbase International live order book, 50 min ago5.95 bp11.9 bp −$1215.2 bp −$152doesn'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 SKHYUSDC−0.0671%4h192.99+0.023%$582K$290K10xas long as short
Coinbase International SKHY-PERP-INTXshort−0.0048%1h192.84−0.057%$45K$861K10x
Aster SKHYUSDT0.0000%8h192.93−0.011%$249K$889K50xas long as short
Extended SKHY-USD0.0000%1h192.83−0.064%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h192.92−0.016%$203.6M$394.4M50xas long as short
Bybit SKHYUSDT0.0000%8h192.89−0.031%$15.7M$27.7M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h192.91−0.020%$46.7M$70.0M50xas long as short
Gate SKHY_USDT0.0000%8h192.86−0.046%$25.8M$19.0M75xas long as short
Variational Omni SKHYlong0.0000%8h192.95long leg$1.6M$1.1M
GRVT SKHY_USDT_Perp0.0000%8h193.07+0.063%$22K$206K10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SKHY-USDT0.0000%8h193.23+0.145%$707$6.2M10xas long as short
HTX SKHY-USDT0.0000%8h192.91−0.020%$161K$369K50xas long as short
Phemex SKHYUSDT0.0000%8h192.96+0.006%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0015%1h192.82−0.067%$1.2M$3.9M10xas long as short
Lighter SKHY+0.0032%1h192.84−0.057%$1.0M$704K10xas long as short
Lighter RH SKHY+0.0032%1h192.83−0.062%$1.1M$1.6M10xas long as short
Arcus SKHY-USD+0.0040%1h193.01+0.031%$60K$161K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h192.98+0.016%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h192.84−0.057%$202K$256K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h192.85−0.051%$161.2M$67.8M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h192.89−0.031%$189K$456K10xas long as short
SoDEX SKHY-USD+0.0050%1h192.94−0.005%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h192.78−0.088%$577K$2.4M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h192.94−0.005%$1.1M$317K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h192.94−0.005%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.06+0.057%$2.3M$438K50xas long as short
Bitget SKHYUSDT+0.0128%8h193.02+0.037%$25.2M$26.9M20xas long as short
Nado SKHY-PERP+0.0148%1h193.03+0.044%$38K$26K10xas long as short
Deribit SKHY_USDC-PERPETUAL+0.0217%1h193.00+0.026%$49K$322K10xas long as short
Phoenix SKHY+0.0372%1h193.19+0.125%$216K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.1058%1h193.02+0.038%$49K$19K20xas long as short