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

SKHY

RWAall SKHY markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against SunX−0.085%7-day average −0.136% · you buy dearer than you sell
Net, funding: paid 7d − costs−$210as in the Funding arb table
Net, price: spread back to 7d avg − costs−$205as in the Price arb table
costs, in and out, $10k−$2102.098% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days0.000%$0 on $10k
Price spread, last 4 days (all we have)−0.086%−$9 · spread now −0.085%, 7d avg −0.136%
Together, before fees−0.086%−$9 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.051% dearer against SunX than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of −0.136%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX SKHY-USDT189.240get 0.0000% / 8h3h 03m$693$6.2M10x
ShortPhemex SKHYUSDT189.080get 0.0000% / 8h3h 03m$1.5M$1.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Phemex against SunX. 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
$0
Price spread: −0.085% → −0.136%
$5.15
Slippage, 4 orders
−$189.77
Fee SunX: 4 bp × 2 orders
−$8
Fee Phemex: 6 bp × 2 orders
−$12
Net
−$204.62
Costs to cover
2.098%
Break-even
never at this rate
Slippage from SunX: live order book, 5 min ago; Phemex: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 5 min ago29.37 bp47.8 bp −$48doesn't fitdoesn't fitdoesn't fit
Sell Phemex live order book, 4 min ago0.79 bp45.6 bp −$46doesn't fitdoesn't fitdoesn't fit

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−0.0352%8h188.92−0.169%$24.3M$29.4M20xas long as short
Coinbase International SKHY-PERP-INTX−0.0104%1h189.86+0.328%$36K$876K10xas long as short
edgeX SKHYUSDC−0.0055%4h188.56−0.359%$568K$290K10xas long as short
tradeXYZ xyz:SKHY−0.0016%1h188.85−0.206%$158.4M$70.1M10xas long as short
Aster SKHYUSDT0.0000%8h188.92−0.167%$244K$897K50xas long as short
Extended SKHY-USD0.0000%1h188.80−0.234%$55K$7K10xas long as short
Binance SKHYUSDT0.0000%8h188.90−0.181%$199.3M$412.4M50xas long as short
Bybit SKHYUSDT0.0000%8h188.87−0.196%$15.4M$29.1M100xas long as short
OKX SKHY-USDT-SWAP0.0000%8h188.83−0.217%$44.8M$73.7M50xas long as short
Gate SKHY_USDT0.0000%8h188.81−0.227%$25.3M$19.9M75xas long as short
Show all 31 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Variational Omni SKHY0.0000%8h188.92−0.168%$1.6M$1.1Mas long as short
GRVT SKHY_USDT_Perp0.0000%8h188.81−0.225%$22K$216K10xas long as short
SunX SKHY-USDTlong0.0000%8h189.24long leg$693$6.2M10x
Deribit SKHY_USDC-PERPETUAL0.0000%1h189.06−0.095%$48K$330K10xas long as short
HTX SKHY-USDT0.0000%8h188.99−0.132%$157K$370K50xas long as short
Phemex SKHYUSDTshort0.0000%8h189.08−0.085%$1.5M$1.1M10x
Lighter SKHY+0.0008%1h188.79−0.238%$995K$747K10xas long as short
QFEX SKHY-USD+0.0011%1h188.94−0.159%$1.2M$4.1M10xas long as short
Nado SKHY-PERP+0.0013%1h188.92−0.170%$33K$28K10xas long as short
Lighter RH SKHY+0.0032%1h188.79−0.238%$1.0M$1.5M10xas long as short
Arcus SKHY-USD+0.0040%1h188.84−0.211%$58K$164K10xas long as short
Vest SKHY-USD-PERP+0.0046%1h188.95−0.153%$12K10xas long as short
Popdex SKHYUSDT+0.0048%1h188.96−0.148%$199K$258K20xas long as short
Polymarket Perps SKHY-USD+0.0050%1h188.90−0.180%$182K$472K10xas long as short
SoDEX SKHY-USD+0.0050%1h188.92−0.169%$42K$13K10xas long as short
Ondo Perps SKHY-USD.P+0.0050%1h188.78−0.243%$526K$2.6M10xas long as short
KuCoin SKHYUSDTM+0.0100%8h188.88−0.190%$1.1M$311K20xas long as short
Orderly PERP_SKHY_USDC_mythos+0.0100%8h189.06−0.095%$2K$4K10xas long as short
BloFin SKHY-USDT+0.0120%8h188.87−0.196%$2.2M$438K50xas long as short
Phoenix SKHY+0.0375%1h189.01−0.122%$212K$124K10xas long as short
Kraken Futures PF_SKHYUSD+0.0693%1h189.07−0.089%$48K$19K20xas long as short