Funding arb · Price arb /

SKHY

RWAall SKHY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 12:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: Aster against Vest+0.084%7-day average — · you sell dearer than you buy

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

Long on Vest Short on Aster

What this pair did over the last

the charts below follow

Funding, last 4 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 · Aster: Stage 5 · farm boardneeds both histories

The price spread pays, funding is against you. Aster is 0.084% dearer against Vest than usual: you sell high and buy low (spread +0.084% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 6.1 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SKHY-USD-PERP	187.11	0.0046	pay 0.0006% / 1h	7m 45s	—	$40K	10x
Short	Aster SKHYUSDT	187.27	0	get 0.0000% / 8h	4h 07m	$257K	$919K	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against Vest. 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 VestbpFee AsterbpOrdersPrice spread, now +0.084%Rate

Funding earned: −$9.59
Price spread: +0.084% → 0.000%: $8.42
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Aster: 4 bp × 2 orders: −$8
Net: −$11.18
Costs to cover: 0.100%
Break-even: never at this rate

Slippage unknown: Vest: no order-book sample; Aster: live order book, 33 min ago. 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 Vest no order-book sample	—	—	—	—	—
Sell Aster live order book, 33 min ago	0.53 bp	7.1 bp −$7	doesn't fit	doesn't fit	doesn't fit

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 exchanges

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
Kraken Futures PF_SKHYUSD	−0.2064%	1h	187.03	−0.041%	$49K	$36K	20x	as long as short
edgeX SKHYUSDC	−0.0459%	4h	187.18	+0.037%	$564K	$285K	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	−0.0231%	1h	187.18	+0.037%	$53K	$495K	10x	as long as short
KuCoin SKHYUSDTM	−0.0223%	8h	187.05	−0.032%	$1.1M	$555K	20x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0096%	1h	187.22	+0.059%	$110K	$727K	10x	as long as short
Nado SKHY-PERP	−0.0051%	1h	187.31	+0.109%	$32K	$28K	10x	as long as short
QFEX SKHY-USD	−0.0013%	1h	187.10	−0.005%	$1.2M	$4.2M	10x	as long as short
tradeXYZ xyz:SKHY	−0.0007%	1h	187.17	+0.032%	$157.9M	$76.9M	10x	as long as short
Aster SKHYUSDTshort	0.0000%	8h	187.27	+0.084%	$257K	$919K	50x
Extended SKHY-USD	0.0000%	1h	187.13	+0.009%	$54K	$7K	10x	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance SKHYUSDT	0.0000%	8h	187.21	+0.052%	$196.5M	$470.4M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	187.32	+0.112%	$16.8M	$33.9M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	187.17	+0.032%	$44.4M	$85.0M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	187.10	−0.005%	$25.3M	$21.9M	75x	as long as short
Bitget SKHYUSDT	0.0000%	8h	187.39	+0.150%	$26.0M	$36.4M	20x	as long as short
Variational Omni SKHY	0.0000%	8h	187.05	−0.030%	$1.5M	$848K	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	187.14	+0.016%	$23K	$258K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	187.42	+0.166%	$686	$5.1M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	187.13	+0.011%	$153K	$384K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	187.14	+0.016%	$1.5M	$1.1M	10x	as long as short
Lighter SKHY	+0.0032%	1h	187.09	−0.011%	$977K	$1.4M	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	187.04	−0.037%	$1.1M	$1.5M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	187.12	+0.005%	$60K	$132K	10x	as long as short
Vest SKHY-USD-PERPlong	+0.0046%	1h	187.11	long leg	—	$40K	10x
Popdex SKHYUSDT	+0.0048%	1h	187.15	+0.021%	$202K	$326K	20x	as long as short
Polymarket Perps SKHY-USD	+0.0050%	1h	187.05	−0.032%	$182K	$332K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	187.14	+0.016%	$41K	$12K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	187.00	−0.059%	$522K	$2.4M	10x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	187.15	+0.021%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	187.14	+0.016%	$2.2M	$504K	50x	as long as short
Phoenix SKHY	+0.0298%	1h	187.49	+0.203%	$210K	$123K	10x	as long as short