Funding arb · Price arb /

SKHY

RWAall SKHY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: SunX against Vest+0.149%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Vest Short on SunX

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

The price spread pays, funding is against you. SunX is 0.149% dearer against Vest than usual: you sell high and buy low (spread +0.149% now, against zero (this spread has no 7-day history yet)): +$15 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 11 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SKHY-USD-PERP	187.82	0.0046	pay 0.0006% / 1h	42m 55s	—	$39K	10x
Short	SunX SKHY-USDT	188.10	0	get 0.0000% / 8h	5h 42m	$688	$5.5M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Vest. 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

Position, each leg$Hold fordaysFee VestbpFee SunXbpOrdersPrice spread, now +0.149%Rate

Funding earned: −$9.59
Price spread: +0.149% → 0.000%: $14.91
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee SunX: 4 bp × 2 orders: −$8
Net: −$4.68
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; SunX: live order book, 9 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Vest no order-book sample	—	—	—	—	—
Sell SunX live order book, 9 min ago	29.44 bp	72.5 bp −$72	doesn't fit	doesn't fit	doesn't fit

Vest: 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 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX SKHYUSDC	−0.0781%	4h	187.75	−0.040%	$566K	$287K	10x	as long as short
Bitget SKHYUSDT	−0.0541%	8h	187.93	+0.059%	$26.1M	$36.5M	20x	as long as short
Kraken Futures PF_SKHYUSD	−0.0267%	1h	187.39	−0.230%	$51K	$37K	20x	as long as short
Deribit SKHY_USDC-PERPETUAL	−0.0123%	1h	187.69	−0.069%	$42K	$476K	10x	as long as short
KuCoin SKHYUSDTM	−0.0117%	8h	187.79	−0.016%	$1.1M	$478K	20x	as long as short
Nado SKHY-PERP	−0.0085%	1h	187.80	−0.009%	$32K	$28K	10x	as long as short
tradeXYZ xyz:SKHY	−0.0045%	1h	187.74	−0.043%	$158.6M	$78.1M	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0040%	1h	187.65	−0.091%	$110K	$768K	10x	as long as short
QFEX SKHY-USD	−0.0013%	1h	187.75	−0.037%	$1.2M	$4.3M	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	187.98	+0.087%	$263K	$913K	50x	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended SKHY-USD	0.0000%	1h	187.75	−0.039%	$55K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	187.89	+0.037%	$198.1M	$473.7M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	187.91	+0.048%	$16.5M	$34.3M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	187.87	+0.027%	$44.5M	$85.7M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	187.84	+0.011%	$25.4M	$21.7M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	187.84	+0.009%	$1.5M	$1.1M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	188.11	+0.154%	$23K	$247K	10x	as long as short
SunX SKHY-USDTshort	0.0000%	8h	188.10	+0.149%	$688	$5.5M	10x
HTX SKHY-USDT	0.0000%	8h	187.78	−0.021%	$155K	$376K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	187.82	0.000%	$1.5M	$1.1M	10x	as long as short
Lighter SKHY	+0.0032%	1h	187.71	−0.059%	$987K	$1.3M	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	187.69	−0.069%	$1.1M	$1.5M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	187.77	−0.027%	$60K	$131K	10x	as long as short
Vest SKHY-USD-PERPlong	+0.0046%	1h	187.82	long leg	—	$39K	10x
Popdex SKHYUSDT	+0.0048%	1h	187.83	+0.005%	$203K	$308K	20x	as long as short
Polymarket Perps SKHY-USD	+0.0050%	1h	187.75	−0.037%	$182K	$353K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	187.77	−0.027%	$41K	$12K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	187.59	−0.122%	$525K	$2.5M	10x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	187.83	+0.005%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	187.83	+0.005%	$2.2M	$483K	50x	as long as short
Phoenix SKHY	+0.0255%	1h	188.03	+0.112%	$211K	$123K	10x	as long as short