data as of
Settings8H · net · $10k
Price arb /

SKHY

RWAall SKHY markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$41
spread now−0.176%7d average−0.169%fees + slippage, in and out−$40spread needed0.402%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix SKHY187.430.0297pay 0.0037% / 1h1m 49s$211K$104K10x
ShorttradeXYZ xyz:SKHY187.100.0007get 0.0001% / 1h1m 49s$170.6M$55.7M10x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$17.61
Funding while held
−$8.68
Slippage, 4 orders
−$15.21
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$66.49
Spread needed to break even
0.402%
Slippage from Phoenix: live order book, 35 min ago; tradeXYZ: live order book, 10 min ago.

Cost of waiting

funding view
Funding /8h
−0.0289%
Per $10,000 a day
$8.68
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix live order book, 35 min ago3.19 bp10.6 bp −$1122.3 bp −$223doesn't fitdoesn't fit
Sell tradeXYZ live order book, 10 min ago0.27 bp9.7 bp −$1012.0 bp −$120doesn't fitdoesn't fit

SKHY price on every exchange

against the cheapest. Click to use as the short leg.

SKHY on 30 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
HTX SKHY-USDT−0.240%0.0000%8h$153K$376K50xas long as short
Polymarket Perps SKHY-USD−0.235%+0.0050%1h$189K$922K10xas long as short
Ondo Perps SKHY-USD.P−0.229%+0.0050%1h$517K$831K10xas long as short
Lighter RH SKHY−0.219%+0.0032%1h$1.1M$1.4M10xas long as short
Arcus SKHY-USD−0.208%+0.0040%1h$62K$137K10xas long as short
QFEX SKHY-USD−0.203%−0.0014%1h$1.2M$5.0M10xas long as short
Popdex SKHYUSDT−0.197%+0.0048%1h$200K$221K20xas long as short
Vest SKHY-USD-PERP−0.197%+0.0046%1h$10K10xas long as short
SoDEX SKHY-USD−0.192%+0.0050%1h$41K$12K10xas long as short
OKX SKHY-USDT-SWAP−0.187%0.0000%8h$46.8M$57.5M50xas long as short
Show all 30 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Phemex SKHYUSDT−0.187%0.0000%8h$1.5M$1.1M10xas long as short
Nado SKHY-PERP−0.183%−0.0090%1h$28K$1K10xas long as short
Lighter SKHY−0.181%+0.0032%1h$1.0M$675K10xas long as short
tradeXYZ xyz:SKHYshort−0.176%+0.0007%1h$170.6M$55.7M10x
Orderly PERP_SKHY_USDC_mythos−0.171%+0.0100%8h$2K$5K10xas long as short
BloFin SKHY-USDT−0.171%+0.0120%8h$2.2M$346K50xas long as short
Binance SKHYUSDT−0.163%0.0000%8h$214.0M$341.0M50xas long as short
Gate SKHY_USDT−0.160%0.0000%8h$26.5M$15.2M75xas long as short
Deribit SKHY_USDC-PERPETUAL−0.160%0.0000%1h$44K$190K10xas long as short
Extended SKHY-USD−0.159%0.0000%1h$55K$2K10xas long as short
Aster SKHYUSDT−0.155%0.0000%8h$246K$779K50xas long as short
KuCoin SKHYUSDTM−0.155%+0.0090%8h$1.1M$297K20xas long as short
Bitget SKHYUSDT−0.155%0.0000%8h$25.4M$22.5M20xas long as short
Bybit SKHYUSDT−0.133%0.0000%8h$15.9M$23.5M100xas long as short
Kraken Futures PF_SKHYUSD−0.130%+0.0640%1h$49K$25K20xas long as short
edgeX SKHYUSDC−0.066%−0.0318%4h$565K$289K10xas long as short
SunX SKHY-USDT−0.043%0.0000%8h$686$7.3M10xas long as short
Phoenix SKHYlong0.000%+0.0297%1h$211K$104K10x
Variational Omni SKHY+0.017%0.0000%8h$1.5M$2.6Mas long as short
Coinbase International SKHY-PERP-INTX+0.299%−0.0080%1h$111K$604K10xas long as short