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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.03 per $10,000 · paid last 24h +0.001%
Price spread now: SoDEX against Popdex−0.170%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. SoDEX is 0.170% cheaper against Popdex than usual: you would sell low and buy high (spread −0.170% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 22 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPopdex SKHYUSDT188.120.0024pay 0.0003% / 1h7m 31s$197K$273K20x
ShortSoDEX SKHY-USD187.800.0050get 0.0006% / 1h7m 31s$41K$13K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Popdex. 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
$5.46
Price spread: −0.170% → 0.000%
−$17.01
Slippage, 4 orders
no order book: not counted
Fee Popdex: 3.2 bp × 2 orders
−$6.4
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$25.95
Costs to cover
0.144%
Break-even
40.3 days
Slippage unknown: Popdex: live order book, 41 min ago; SoDEX: no order-book sample. 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 Popdex live order book, 41 min ago2.38 bp6.1 bp −$69.6 bp −$96doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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
Bitget SKHYUSDT−0.1179%8h188.04−0.043%$25.2M$31.4M20xas long as short
Deribit SKHY_USDC-PERPETUAL−0.0388%1h187.92−0.106%$48K$336K10xas long as short
edgeX SKHYUSDC−0.0375%4h187.52−0.318%$565K$290K10xas long as short
Nado SKHY-PERP−0.0146%1h188.00−0.062%$33K$28K10xas long as short
tradeXYZ xyz:SKHY−0.0119%1h188.01−0.058%$159.5M$74.1M10xas long as short
Polymarket Perps SKHY-USD−0.0095%1h187.78−0.181%$181K$487K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0024%1h187.32−0.425%$61K$897K10xas long as short
QFEX SKHY-USD−0.0014%1h188.06−0.032%$1.2M$4.1M10xas long as short
Lighter SKHY−0.0008%1h188.01−0.058%$931K$1.1M10xas long as short
Ondo Perps SKHY-USD.P−0.0006%1h187.65−0.250%$516K$2.6M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster SKHYUSDT0.0000%8h188.10−0.012%$229K$916K50xas long as short
Extended SKHY-USD0.0000%1h187.99−0.067%$55K$7K10xas long as short
Binance SKHYUSDT0.0000%8h188.09−0.016%$201.8M$434.3M50xas long as short
Bybit SKHYUSDT0.0000%8h188.16+0.021%$16.0M$30.4M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h188.14+0.011%$44.8M$77.6M50xas long as short
Gate SKHY_USDT0.0000%8h188.03−0.048%$25.4M$20.8M75xas long as short
Variational Omni SKHY0.0000%8h187.51−0.323%$1.6M$1.0Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h187.67−0.242%$22K$223K10xas long as short
SunX SKHY-USDT0.0000%8h188.10−0.011%$688$6.2M10xas long as short
HTX SKHY-USDT0.0000%8h187.71−0.218%$156K$371K50xas long as short
Phemex SKHYUSDT0.0000%8h187.88−0.128%$1.5M$1.1M10xas long as short
Popdex SKHYUSDTlong+0.0024%1h188.12long leg$197K$273K20x
Lighter RH SKHY+0.0032%1h187.96−0.085%$1.1M$1.6M10xas long as short
Arcus SKHY-USD+0.0040%1h187.64−0.255%$58K$164K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h187.94−0.096%$12K10xas long as short
SoDEX SKHY-USDshort+0.0050%1h187.80−0.170%$41K$13K10x
KuCoin SKHYUSDTM+0.0100%8h188.01−0.058%$1.1M$323K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h187.91−0.112%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h187.68−0.234%$2.1M$416K50xas long as short
Phoenix SKHY+0.0254%1h188.02−0.053%$211K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0260%1h187.95−0.093%$47K$19K20xas long as short