Funding arb · Price arb /

SKHY

RWAall SKHY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%

Price spread now: Variational Omni against Aster−0.102%7-day average +0.019% · you buy dearer than you sell

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

Long on Aster Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.014%+$1 on $10k

Price spread, last 4 days (all we have)+0.404%+$40 · spread now −0.102%, 7d avg +0.019%

Together, before fees+0.419%+ Points / potential airdropAster: Stage 5 · Variational Omni: Active · farm board+$42 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Variational Omni is 0.121% cheaper against Aster than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.019%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster SKHYUSDT	186.35	0	get 0.0000% / 8h	1h 14m	$225K	$919K	50x
Short	Variational Omni SKHY	186.16	0	get 0.0000% / 8h	1h 14m	$1.6M	$1.0M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Aster. 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 AsterbpFee Variational OmnibpOrdersPrice spread, now −0.102%Rate

Funding earned: $0
Price spread: −0.102% → +0.019%: −$12.14
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$20.14
Costs to cover: 0.080%
Break-even: never at this rate

Slippage unknown: Aster: live order book, 28 min ago; Variational Omni: RFQ quote, 4 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 Aster live order book, 28 min ago	1.07 bp	7.2 bp −$7	22.6 bp −$226	doesn't fit	doesn't fit
Sell Variational Omni RFQ quote, 4 min ago	2.25 bp	doesn't fit	6.9 bp −$69	doesn't fit	doesn't fit

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
Bitget SKHYUSDT	−0.1318%	8h	186.43	+0.041%	$25.1M	$31.9M	20x	as long as short
edgeX SKHYUSDC	−0.0401%	4h	186.36	+0.005%	$562K	$291K	10x	as long as short
Popdex SKHYUSDT	−0.0200%	1h	186.18	−0.093%	$197K	$275K	20x	as long as short
Nado SKHY-PERP	−0.0192%	1h	186.25	−0.053%	$33K	$28K	10x	as long as short
tradeXYZ xyz:SKHY	−0.0187%	1h	186.22	−0.071%	$158.2M	$74.8M	10x	as long as short
Polymarket Perps SKHY-USD	−0.0170%	1h	186.08	−0.147%	$180K	$487K	10x	as long as short
Kraken Futures PF_SKHYUSD	−0.0139%	1h	186.23	−0.067%	$48K	$21K	20x	as long as short
Lighter SKHY	−0.0104%	1h	186.16	−0.104%	$953K	$1.2M	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0104%	1h	187.75	+0.750%	$63K	$901K	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	−0.0072%	1h	186.17	−0.098%	$49K	$343K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps SKHY-USD.P	−0.0050%	1h	186.42	+0.036%	$514K	$2.6M	10x	as long as short
QFEX SKHY-USD	−0.0049%	1h	186.15	−0.109%	$1.2M	$4.2M	10x	as long as short
Aster SKHYUSDTlong	0.0000%	8h	186.35	long leg	$225K	$919K	50x
Extended SKHY-USD	0.0000%	1h	186.13	−0.122%	$54K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	186.22	−0.073%	$198.7M	$440.6M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	186.27	−0.045%	$15.9M	$28.9M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	186.25	−0.055%	$44.4M	$77.6M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	186.26	−0.050%	$25.5M	$20.6M	75x	as long as short
Variational Omni SKHYshort	0.0000%	8h	186.16	−0.102%	$1.6M	$1.0M	—
GRVT SKHY_USDT_Perp	0.0000%	8h	186.52	+0.088%	$22K	$230K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	186.42	+0.036%	$682	$6.1M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	186.08	−0.147%	$154K	$367K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	186.24	−0.061%	$1.5M	$1.1M	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	186.19	−0.088%	$1.1M	$1.6M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	186.37	+0.009%	$60K	$168K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	186.24	−0.061%	—	$25K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	186.20	−0.082%	$41K	$13K	10x	as long as short
KuCoin SKHYUSDTM	+0.0057%	8h	186.29	−0.034%	$1.1M	$325K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	186.16	−0.104%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	186.22	−0.071%	$2.1M	$421K	50x	as long as short
Phoenix SKHY	+0.0213%	1h	186.52	+0.090%	$209K	$115K	10x	as long as short