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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0674%/8h= +73.8% APRpaid last 24h +0.211%
Price spread now: Lighter RH against edgeX+0.073%7-day average −0.077% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$2as in the Price arb table
costs, in and out, $10k−$170.170% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.522%−$52 on $10k
Price spread, last 4 days (all we have)−0.546%−$55 · spread now +0.073%, 7d avg −0.077%
Together, before fees−1.068%+ Points / potential airdropedgeX: Active · Lighter RH: Points live · farm board−$107 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$20 a day on $10k at the current rate, and Lighter RH is 0.150% dearer against edgeX than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of −0.077%. Mind the row above: over the last 7 days funding on this pair cost −0.522%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX SKHYUSDC184.75−0.0642get 0.0321% / 4h3h 19m$557K$290K10x
ShortLighter RH SKHY184.880.0032get 0.0004% / 1h19m 37s$1.1M$1.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter RH against edgeX. 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
$141.51
Price spread: +0.073% → −0.077%
$14.98
Slippage, 4 orders
−$8.05
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Lighter RH: 0 bp × 2 orders
$0
Net
$139.44
Costs to cover
0.170%
Break-even
0.1 days
Slippage from edgeX: live order book, 14 min ago; Lighter RH: live order book, 3 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 edgeX live order book, 14 min ago1.36 bp6.2 bp −$611.4 bp −$114doesn't fitdoesn't fit
Sell Lighter RH live order book, 3 min ago1.90 bp2.5 bp −$212.1 bp −$121doesn'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−0.1144%8h185.06+0.170%$25.5M$35.2M20xas long as short
edgeX SKHYUSDClong−0.0642%4h184.75long leg$557K$290K10x
KuCoin SKHYUSDTM−0.0243%8h184.80+0.030%$1.1M$376K20xas long as short
tradeXYZ xyz:SKHY−0.0051%1h184.92+0.095%$156.7M$78.0M10xas long as short
GRVT SKHY_USDT_Perp−0.0050%8h184.75+0.001%$22K$246K10xas long as short
Extended SKHY-USD−0.0048%1h184.89+0.079%$54K$7K10xas long as short
Binance SKHYUSDT−0.0041%8h184.93+0.101%$196.1M$465.1M50xas long as short
Nado SKHY-PERP−0.0030%1h184.95+0.113%$32K$28K10xas long as short
QFEX SKHY-USD−0.0028%1h184.96+0.116%$1.2M$4.3M10xas long as short
Variational Omni SKHY−0.0022%8h184.84+0.050%$1.6M$1.0Mas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SKHYUSDT0.0000%8h184.68−0.038%$265K$951K50xas long as short
Bybit SKHYUSDT0.0000%8h184.95+0.111%$16.0M$33.3M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h184.96+0.116%$43.8M$81.8M50xas long as short
Gate SKHY_USDT0.0000%8h184.89+0.078%$25.5M$21.8M75xas long as short
SunX SKHY-USDT0.0000%8h185.08+0.181%$677$5.9M10xas long as short
Deribit SKHY_USDC-PERPETUAL0.0000%1h184.94+0.105%$47K$354K10xas long as short
HTX SKHY-USDT0.0000%8h184.72−0.014%$153K$375K50xas long as short
Phemex SKHYUSDT0.0000%8h184.88+0.073%$1.5M$1.1M10xas long as short
Coinbase International SKHY-PERP-INTX+0.0024%1h183.79−0.517%$66K$750K10xas long as short
Lighter SKHY+0.0032%1h184.94+0.105%$983K$1.3M10xas long as short
Lighter RH SKHYshort+0.0032%1h184.88+0.073%$1.1M$1.5M10x
Arcus SKHY-USD+0.0040%1h184.88+0.073%$59K$173K10xas long as short
Ondo Perps SKHY-USD.P+0.0046%1h184.88+0.073%$510K$2.6M10xas long as short
Vest SKHY-USD-PERP+0.0046%1h184.74−0.003%$38K10xas long as short
Popdex SKHYUSDT+0.0048%1h184.98+0.127%$199K$295K20xas long as short
Polymarket Perps SKHY-USD+0.0050%1h184.75+0.002%$179K$451K10xas long as short
SoDEX SKHY-USD+0.0050%1h184.76+0.008%$41K$12K10xas long as short
BloFin SKHY-USDT+0.0067%8h184.83+0.046%$2.1M$446K50xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h184.76+0.008%$2K$4K10xas long as short
Kraken Futures PF_SKHYUSD+0.0171%1h184.94+0.107%$48K$20K20xas long as short
Phoenix SKHY+0.0215%1h184.57−0.095%$207K$123K10xas long as short