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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0039%/8h= +4.3% APRnext payment +$0.05 per $10,000 · paid last 24h +0.017%
Price spread now: SoDEX against QFEX−0.095%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 0.095% cheaper against QFEX than usual: you would sell low and buy high (spread −0.095% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$9 on $10k: about 8.1 days of funding at the current rate (+$1 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX SKHY-USD190.090.0011pay 0.0001% / 1h37m 21s$1.2M$4.1M10x
ShortSoDEX SKHY-USD189.910.0050get 0.0006% / 1h37m 21s$42K$13K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against QFEX. 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
$8.2
Price spread: −0.095% → 0.000%
−$9.47
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$19.27
Costs to cover
0.180%
Break-even
23.5 days
Slippage unknown: QFEX: live order book, 6 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 QFEX live order book, 6 min ago2.36 bp7.4 bp −$78.0 bp −$80doesn'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
edgeX SKHYUSDC−0.0312%4h189.89−0.106%$572K$290K10xas long as short
Coinbase International SKHY-PERP-INTX−0.0104%1h192.84+1.447%$45K$861K10xas long as short
tradeXYZ xyz:SKHY−0.0002%1h190.01−0.042%$158.9M$69.1M10xas long as short
Aster SKHYUSDT0.0000%8h190.03−0.029%$247K$893K50xas long as short
Extended SKHY-USD0.0000%1h189.98−0.056%$55K$7K10xas long as short
Binance SKHYUSDT0.0000%8h190.11+0.011%$199.7M$404.4M50xas long as short
Bybit SKHYUSDT0.0000%8h190.12+0.016%$15.3M$28.6M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h190.11+0.011%$45.3M$73.2M50xas long as short
Gate SKHY_USDT0.0000%8h190.00−0.047%$25.6M$19.5M75xas long as short
Bitget SKHYUSDT0.0000%8h190.15+0.032%$24.4M$28.4M20xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SKHY0.0000%8h190.47+0.201%$1.6M$1.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h189.92−0.089%$23K$213K10xas long as short
SunX SKHY-USDT0.0000%8h190.26+0.089%$696$6.2M10xas long as short
Deribit SKHY_USDC-PERPETUAL0.0000%1h189.98−0.058%$48K$326K10xas long as short
HTX SKHY-USDT0.0000%8h189.89−0.105%$158K$369K50xas long as short
Phemex SKHYUSDT0.0000%8h189.99−0.053%$1.5M$1.1M10xas long as short
QFEX SKHY-USDlong+0.0011%1h190.09long leg$1.2M$4.1M10x
Lighter SKHY+0.0032%1h189.83−0.137%$1.0M$692K10xas long as short
Lighter RH SKHY+0.0032%1h189.85−0.126%$1.1M$1.4M10xas long as short
Arcus SKHY-USD+0.0040%1h190.11+0.011%$59K$164K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h190.06−0.016%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h190.090.000%$200K$257K20xas long as short
Polymarket Perps SKHY-USD+0.0050%1h190.00−0.047%$183K$470K10xas long as short
SoDEX SKHY-USDshort+0.0050%1h189.91−0.095%$42K$13K10x
Ondo Perps SKHY-USD.P+0.0050%1h189.99−0.053%$563K$2.7M10xas long as short
Nado SKHY-PERP+0.0093%1h190.11+0.012%$34K$28K10xas long as short
KuCoin SKHYUSDTM+0.0100%8h190.08−0.005%$1.1M$319K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h190.11+0.011%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h189.85−0.126%$2.2M$435K50xas long as short
Phoenix SKHY+0.0375%1h190.14+0.026%$213K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0690%1h190.00−0.048%$48K$19K20xas long as short