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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.014%
Price spread now: SunX against Ondo Perps+0.031%7-day average +0.159% · 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 7 days−0.083%−$8 on $10k
Price spread, last 3 days (all we have)+0.061%+$6 · spread now +0.031%, 7d avg +0.159%
Together, before fees−0.022%+ Points / potential airdropOndo Perps: Active · farm board−$2 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SunX is 0.128% cheaper against Ondo Perps than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of +0.159%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps SKHY-USD.P193.390.0050pay 0.0006% / 1h0m 26s$541K$1.7M10x
ShortSunX SKHY-USDT193.450get 0.0000% / 8h7h 00m$708$6.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Ondo Perps. 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
−$10.58
Price spread: +0.031% → +0.159%
−$12.77
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$36.36
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; SunX: live order book, 8 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 Ondo Perps no order-book sample
Sell SunX live order book, 8 min ago29.44 bp72.7 bp −$73doesn't fitdoesn't fitdoesn't fit
Ondo Perps: 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%4h193.20−0.099%$582K$291K10xas long as short
Nado SKHY-PERP−0.0023%1h193.33−0.033%$44K$20K10xas long as short
Aster SKHYUSDT0.0000%8h193.20−0.099%$249K$890K50xas long as short
Extended SKHY-USD0.0000%1h193.25−0.072%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.28−0.057%$211.5M$385.1M50xas long as short
Bybit SKHYUSDT0.0000%8h193.29−0.052%$15.7M$27.1M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.33−0.031%$47.0M$68.6M50xas long as short
Gate SKHY_USDT0.0000%8h193.24−0.078%$25.8M$18.9M75xas long as short
Variational Omni SKHY0.0000%8h193.13−0.134%$1.7M$2.3Mas long as short
SunX SKHY-USDTshort0.0000%8h193.45+0.031%$708$6.7M10x
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SKHY_USDC-PERPETUAL0.0000%1h193.10−0.150%$48K$270K10xas long as short
HTX SKHY-USDT0.0000%8h193.10−0.150%$160K$376K50xas long as short
Phemex SKHYUSDT0.0000%8h193.14−0.129%$1.5M$1.1M10xas long as short
QFEX SKHY-USD+0.0005%1h193.27−0.062%$1.2M$4.9M10xas long as short
Lighter SKHY+0.0032%1h193.26−0.067%$1.0M$699K10xas long as short
Lighter RH SKHY+0.0032%1h193.19−0.103%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h193.25−0.072%$57K$153K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.29−0.052%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.33−0.031%$197K$258K20xas long as short
tradeXYZ xyz:SKHY+0.0050%1h193.26−0.067%$163.5M$66.7M10xas long as short
Polymarket Perps SKHY-USD+0.0050%1h193.22−0.088%$190K$454K10xas long as short
SoDEX SKHY-USD+0.0050%1h193.13−0.134%$43K$13K10xas long as short
Ondo Perps SKHY-USD.Plong+0.0050%1h193.39long leg$541K$1.7M10x
Coinbase International SKHY-PERP-INTX+0.0088%1h193.24−0.078%$54K$870K10xas long as short
KuCoin SKHYUSDTM+0.0100%8h193.29−0.052%$1.1M$279K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.25−0.072%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.19−0.103%$2.2M$446K50xas long as short
Phoenix SKHY+0.0335%1h193.41+0.010%$218K$120K10xas long as short
GRVT SKHY_USDT_Perp+0.0406%8h193.390.000%$23K$192K10xas long as short
Bitget SKHYUSDT+0.0427%8h193.24−0.078%$25.6M$26.9M20xas long as short
Kraken Futures PF_SKHYUSD+0.0708%1h193.15−0.125%$51K$17K20xas long as short