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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC0.0000%/8h= 0.0% APRpaid last 24h +0.005%
Price spread now: SunX against Deribit+0.095%7-day average +0.123% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$152as in the Price arb table
costs, in and out, $10k−$1491.490% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.009%+$1 on $10k
Price spread, last 4 days (all we have)+0.049%+$5 · spread now +0.095%, 7d avg +0.123%
Together, before fees+0.058%+$6 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: SunX is 0.028% cheaper against Deribit than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.123%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongDeribit SKHY_USDC-PERPETUAL189.060get 0.0000% / 1h4m 05s$48K$330K10x
ShortSunX SKHY-USDT189.240get 0.0000% / 8h3h 04m$693$6.2M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Deribit. 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
$0
Price spread: +0.095% → +0.123%
−$2.76
Slippage, 4 orders
−$134.04
Fee Deribit: 3.5 bp × 2 orders
−$7
Fee SunX: 4 bp × 2 orders
−$8
Net
−$151.79
Costs to cover
1.490%
Break-even
never at this rate
Slippage from Deribit: live order book, 49 min ago; SunX: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Deribit live order book, 49 min ago4.17 bp9.6 bp −$1012.1 bp −$121doesn't fitdoesn't fit
Sell SunX live order book, 5 min ago29.37 bp72.4 bp −$72doesn't fitdoesn'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
Bitget SKHYUSDT−0.0337%8h189.02−0.021%$24.3M$29.4M20xas long as short
Coinbase International SKHY-PERP-INTX−0.0104%1h189.86+0.423%$36K$876K10xas long as short
edgeX SKHYUSDC−0.0055%4h188.56−0.264%$568K$290K10xas long as short
tradeXYZ xyz:SKHY−0.0015%1h189.02−0.021%$158.6M$70.1M10xas long as short
Aster SKHYUSDT0.0000%8h189.11+0.028%$244K$897K50xas long as short
Extended SKHY-USD0.0000%1h189.01−0.024%$55K$7K10xas long as short
Binance SKHYUSDT0.0000%8h189.07+0.007%$199.5M$412.4M50xas long as short
Bybit SKHYUSDT0.0000%8h189.02−0.021%$15.4M$29.1M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h188.97−0.048%$44.8M$73.8M50xas long as short
Gate SKHY_USDT0.0000%8h189.02−0.021%$25.3M$19.9M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SKHY0.0000%8h188.92−0.073%$1.6M$1.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h188.81−0.130%$22K$216K10xas long as short
SunX SKHY-USDTshort0.0000%8h189.24+0.095%$693$6.2M10x
Deribit SKHY_USDC-PERPETUALlong0.0000%1h189.06long leg$48K$330K10x
HTX SKHY-USDT0.0000%8h188.99−0.037%$157K$370K50xas long as short
Phemex SKHYUSDT0.0000%8h189.08+0.011%$1.5M$1.1M10xas long as short
Lighter SKHY+0.0008%1h188.99−0.037%$996K$747K10xas long as short
QFEX SKHY-USD+0.0011%1h188.94−0.063%$1.2M$4.1M10xas long as short
Nado SKHY-PERP+0.0013%1h188.92−0.075%$33K$28K10xas long as short
Lighter RH SKHY+0.0032%1h188.96−0.053%$1.0M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h188.81−0.132%$58K$164K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h188.95−0.058%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h188.96−0.053%$199K$258K20xas long as short
Polymarket Perps SKHY-USD+0.0050%1h188.90−0.085%$182K$472K10xas long as short
SoDEX SKHY-USD+0.0050%1h188.92−0.074%$42K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h188.78−0.148%$526K$2.6M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h188.97−0.048%$1.1M$311K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h189.060.000%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h188.87−0.100%$2.2M$438K50xas long as short
Phoenix SKHY+0.0375%1h189.01−0.026%$212K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0693%1h189.07+0.006%$48K$19K20xas long as short