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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0290%/8h= +31.7% APRnext payment +$0.36 per $10,000 · paid last 24h +0.076%
Price spread now: Phoenix against Vest+0.062%58s7-day average · you sell dearer than you buy
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVest: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Phoenix is 0.062% dearer against Vest than usual: you sell high and buy low: +$6 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVest SKHY-USD-PERP193.290.0046pay 0.0006% / 1h0m 21s$12K10x
ShortPhoenix SKHY193.410.0335get 0.0042% / 1h0m 21s$218K$120K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phoenix 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

Funding earned
$60.81
Price spread: +0.062% → 0.000%
$6.21
Slippage, 4 orders
no order book: not counted
Fee Vest: 1 bp × 2 orders
−$2
Fee Phoenix: 3.5 bp × 2 orders
−$7
Net
$58.02
Costs to cover
0.090%
Break-even
0.3 days
Slippage unknown: Vest: no order-book sample; Phoenix: live order book, 67 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 Vest no order-book sample
Sell Phoenix live order book, 67 min ago3.15 bp11.0 bp −$1123.2 bp −$232doesn't fitdoesn'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 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−0.0880%4h193.20−0.047%$582K$291K10xas long as short
Nado SKHY-PERP−0.0023%1h193.33+0.019%$44K$20K10xas long as short
Aster SKHYUSDT0.0000%8h193.20−0.048%$249K$890K50xas long as short
Extended SKHY-USD0.0000%1h193.25−0.021%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.28−0.005%$211.5M$385.1M50xas long as short
Bybit SKHYUSDT0.0000%8h193.290.000%$15.7M$27.1M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.33+0.021%$47.0M$68.6M50xas long as short
Gate SKHY_USDT0.0000%8h193.24−0.026%$25.8M$18.9M75xas long as short
Variational Omni SKHY0.0000%8h193.13−0.082%$1.7M$2.3Mas long as short
SunX SKHY-USDT0.0000%8h193.45+0.083%$708$6.7M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SKHY_USDC-PERPETUAL0.0000%1h193.10−0.098%$48K$270K10xas long as short
HTX SKHY-USDT0.0000%8h193.10−0.098%$160K$376K50xas long as short
Phemex SKHYUSDT0.0000%8h193.14−0.078%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0005%1h193.27−0.010%$1.2M$4.9M10xas long as short
Lighter SKHY+0.0032%1h193.26−0.016%$1.0M$699K10xas long as short
Lighter RH SKHY+0.0032%1h193.19−0.052%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h193.25−0.021%$57K$153K10xas long as short
Vest SKHY-USD-PERPlong+0.0046%1h193.29long leg$12K10x
Popdex SKHYUSDT+0.0048%1h193.33+0.021%$197K$258K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h193.26−0.016%$163.5M$66.7M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h193.22−0.036%$190K$454K10xas long as short
SoDEX SKHY-USD+0.0050%1h193.13−0.083%$43K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h193.39+0.052%$541K$1.7M10xas long as short
Coinbase International SKHY-PERP-INTX+0.0088%1h193.24−0.026%$54K$870K10xas long as short
KuCoin SKHYUSDTM+0.0100%8h193.290.000%$1.1M$279K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.25−0.021%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.19−0.052%$2.2M$446K50xas long as short
Phoenix SKHYshort+0.0335%1h193.41+0.062%$218K$120K10x
GRVT SKHY_USDT_Perp+0.0406%8h193.39+0.052%$23K$192K10xas long as short
Bitget SKHYUSDT+0.0427%8h193.24−0.026%$25.6M$26.9M20xas long as short
Kraken Futures PF_SKHYUSD+0.0708%1h193.15−0.073%$51K$17K20xas long as short