Funding arb · Price arb /

SKHY

RWAall SKHY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.018%

Price spread now: Variational Omni against Bitget+0.043%7-day average +0.001% · you sell dearer than you buy

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

Long on Bitget Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)+0.018%+$2 on $10k

Price spread, last 7 days−0.070%−$7 · spread now +0.043%, 7d avg +0.001%

Together, before fees−0.052%+ Points / potential airdropVariational Omni: Active · farm board−$5 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 0.041% dearer against Bitget than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.001%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget SKHYUSDT	189.71	0	get 0.0000% / 8h	44m 17s	$25.4M	$25.6M	20x
Short	Variational Omni SKHY	189.79	0	get 0.0000% / 8h	44m 17s	$1.6M	$2.6M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Bitget. 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 BitgetbpFee Variational OmnibpOrdersPrice spread, now +0.043%Rate

Funding earned: $0
Price spread: +0.043% → +0.001%: $4.15
Slippage, 4 orders: no order book: not counted
Fee Bitget: 6 bp × 2 orders: −$12
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$7.85
Costs to cover: 0.120%
Break-even: never at this rate

Slippage unknown: Bitget: live order book, 5 min ago; Variational Omni: RFQ quote, 5 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 Bitget live order book, 5 min ago	0.53 bp	7.5 bp −$8	11.9 bp −$119	18.5 bp −$1,851	35.0 bp −$17.5K
Sell Variational Omni RFQ quote, 5 min ago	2.21 bp	doesn't fit	4.7 bp −$47	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
edgeX SKHYUSDC	−0.0261%	4h	189.71	0.000%	$572K	$290K	10x	as long as short
Nado SKHY-PERP	−0.0080%	1h	189.68	−0.014%	$28K	$2K	10x	as long as short
KuCoin SKHYUSDTM	−0.0014%	8h	189.53	−0.095%	$1.1M	$290K	20x	as long as short
QFEX SKHY-USD	0.0000%	1h	189.66	−0.026%	$1.2M	$5.2M	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	189.43	−0.146%	$251K	$903K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	189.64	−0.035%	$55K	$4K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	189.70	−0.007%	$212.5M	$379.3M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	189.74	+0.016%	$15.5M	$27.0M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	189.73	+0.011%	$47.3M	$61.4M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	189.68	−0.016%	$26.1M	$17.8M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget SKHYUSDTlong	0.0000%	8h	189.71	long leg	$25.4M	$25.6M	20x
Variational Omni SKHYshort	0.0000%	8h	189.79	+0.043%	$1.6M	$2.6M	—
GRVT SKHY_USDT_Perp	0.0000%	8h	189.77	+0.032%	$22K	$212K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	189.99	+0.148%	$695	$7.3M	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	0.0000%	1h	189.68	−0.016%	$45K	$238K	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	189.67	−0.021%	$155K	$400K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	189.71	0.000%	$1.5M	$1.1M	10x	as long as short
Lighter SKHY	+0.0032%	1h	189.65	−0.032%	$1.0M	$688K	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	189.60	−0.058%	$1.1M	$1.4M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	189.71	0.000%	$56K	$156K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	189.68	−0.016%	—	$12K	10x	as long as short
tradeXYZ xyz:SKHY	+0.0046%	1h	189.65	−0.032%	$165.1M	$65.0M	10x	as long as short
Popdex SKHYUSDT	+0.0048%	1h	189.70	−0.005%	$203K	$240K	20x	as long as short
Polymarket Perps SKHY-USD	+0.0050%	1h	189.63	−0.042%	$187K	$923K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	189.67	−0.021%	$42K	$13K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	189.75	+0.021%	$559K	$1.1M	10x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	189.71	0.000%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	189.69	−0.011%	$2.2M	$395K	50x	as long as short
Coinbase International SKHY-PERP-INTX	+0.0128%	1h	189.84	+0.069%	$169K	$684K	10x	as long as short
Phoenix SKHY	+0.0380%	1h	189.95	+0.127%	$214K	$128K	10x	as long as short
Kraken Futures PF_SKHYUSD	+0.0950%	1h	189.83	+0.063%	$50K	$24K	20x	as long as short