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−0.0045%/8h= −4.9% APRnext payment $0.06 per $10,000 · paid last 24h −0.018%
Price spread now: QFEX against SoDEX+0.072%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. QFEX is 0.072% dearer against SoDEX than usual: you sell high and buy low (spread +0.072% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 5.4 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX SKHY-USD193.130.0050pay 0.0006% / 1h0m 26s$43K$13K10x
ShortQFEX SKHY-USD193.270.0005get 0.0001% / 1h0m 26s$1.2M$4.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against SoDEX. 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
−$9.36
Price spread: +0.072% → 0.000%
$7.25
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$20.11
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; QFEX: 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 SoDEX no order-book sample
Sell QFEX live order book, 8 min ago1.81 bp6.8 bp −$77.7 bp −$77doesn't fitdoesn't fit
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−0.0880%4h193.20+0.035%$582K$291K10xas long as short
Nado SKHY-PERP−0.0023%1h193.33+0.102%$44K$20K10xas long as short
Aster SKHYUSDT0.0000%8h193.20+0.035%$249K$890K50xas long as short
Extended SKHY-USD0.0000%1h193.25+0.062%$56K$7K10xas long as short
Binance SKHYUSDT0.0000%8h193.28+0.078%$211.5M$385.1M50xas long as short
Bybit SKHYUSDT0.0000%8h193.29+0.083%$15.7M$27.1M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h193.33+0.104%$47.0M$68.6M50xas long as short
Gate SKHY_USDT0.0000%8h193.24+0.057%$25.8M$18.9M75xas long as short
Variational Omni SKHY0.0000%8h193.13+0.001%$1.7M$2.3Mas long as short
SunX SKHY-USDT0.0000%8h193.45+0.166%$708$6.7M10xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Deribit SKHY_USDC-PERPETUAL0.0000%1h193.10−0.016%$48K$270K10xas long as short
HTX SKHY-USDT0.0000%8h193.10−0.016%$160K$376K50xas long as short
Phemex SKHYUSDT0.0000%8h193.14+0.005%$1.5M$1.1M10xas long as short
QFEX SKHY-USDshort+0.0005%1h193.27+0.072%$1.2M$4.9M10x
Lighter SKHY+0.0032%1h193.26+0.067%$1.0M$699K10xas long as short
Lighter RH SKHY+0.0032%1h193.19+0.031%$1.1M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h193.25+0.062%$57K$153K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h193.29+0.083%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h193.33+0.104%$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+0.047%$190K$454K10xas long as short
SoDEX SKHY-USDlong+0.0050%1h193.13long leg$43K$13K10x
Ondo Perps SKHY-USD.P+0.0050%1h193.39+0.135%$541K$1.7M10xas long as short
Coinbase International SKHY-PERP-INTX+0.0088%1h193.24+0.057%$54K$870K10xas long as short
KuCoin SKHYUSDTM+0.0100%8h193.29+0.083%$1.1M$279K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h193.25+0.062%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h193.19+0.031%$2.2M$446K50xas long as short
Phoenix SKHY+0.0335%1h193.41+0.145%$218K$120K10xas long as short
GRVT SKHY_USDT_Perp+0.0406%8h193.39+0.135%$23K$192K10xas long as short
Bitget SKHYUSDT+0.0427%8h193.24+0.057%$25.6M$26.9M20xas long as short
Kraken Futures PF_SKHYUSD+0.0708%1h193.15+0.009%$51K$17K20xas long as short