Funding arb · Price arb /

SKHY

RWAall SKHY markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: Variational Omni against Vest+0.027%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 Variational Omni

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 days—no price history on both exchanges yet

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

The price spread pays, funding is against you. Variational Omni is 0.027% dearer against Vest than usual: you sell high and buy low (spread +0.027% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.0 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest SKHY-USD-PERP	188.87	0.0046	pay 0.0006% / 1h	5m 28s	—	$12K	10x
Short	Variational Omni SKHY	188.92	0	get 0.0000% / 8h	3h 05m	$1.6M	$1.1M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni 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 Variational OmnibpOrdersPrice spread, now +0.027%Rate

Funding earned: −$9.59
Price spread: +0.027% → 0.000%: $2.75
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Variational Omni: 0 bp × 2 orders: $0
Net: −$8.84
Costs to cover: 0.020%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; Variational Omni: RFQ quote, 4 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 Variational Omni RFQ quote, 4 min ago	2.25 bp	doesn't fit	3.0 bp −$30	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 venues

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
Bitget SKHYUSDT	−0.0318%	8h	188.91	+0.021%	$24.3M	$29.4M	20x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0104%	1h	189.86	+0.524%	$36K	$876K	10x	as long as short
edgeX SKHYUSDC	−0.0055%	4h	188.56	−0.163%	$568K	$290K	10x	as long as short
tradeXYZ xyz:SKHY	−0.0017%	1h	188.78	−0.048%	$158.4M	$70.0M	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	188.82	−0.024%	$244K	$895K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	188.70	−0.092%	$55K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	188.79	−0.042%	$199.2M	$412.3M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	188.84	−0.016%	$15.4M	$29.1M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	188.82	−0.026%	$44.7M	$73.7M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	188.72	−0.079%	$25.2M	$19.9M	75x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Variational Omni SKHYshort	0.0000%	8h	188.92	+0.027%	$1.6M	$1.1M	—
GRVT SKHY_USDT_Perp	0.0000%	8h	188.81	−0.030%	$22K	$216K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	189.28	+0.217%	$693	$6.2M	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	0.0000%	1h	189.00	+0.069%	$48K	$330K	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	188.92	+0.026%	$157K	$370K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	189.05	+0.095%	$1.5M	$1.1M	10x	as long as short
Lighter SKHY	+0.0008%	1h	188.75	−0.064%	$995K	$747K	10x	as long as short
QFEX SKHY-USD	+0.0011%	1h	188.80	−0.037%	$1.2M	$4.1M	10x	as long as short
Nado SKHY-PERP	+0.0014%	1h	188.90	+0.018%	$33K	$28K	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	188.77	−0.053%	$1.0M	$1.5M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	188.80	−0.037%	$58K	$164K	10x	as long as short
Vest SKHY-USD-PERPlong	+0.0046%	1h	188.87	long leg	—	$12K	10x
Popdex SKHYUSDT	+0.0048%	1h	188.80	−0.037%	$199K	$257K	20x	as long as short
Polymarket Perps SKHY-USD	+0.0050%	1h	188.69	−0.095%	$182K	$472K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	188.90	+0.016%	$42K	$13K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	188.78	−0.048%	$526K	$2.6M	10x	as long as short
KuCoin SKHYUSDTM	+0.0100%	8h	188.83	−0.021%	$1.1M	$312K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	189.04	+0.090%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	188.86	−0.005%	$2.2M	$437K	50x	as long as short
Phoenix SKHY	+0.0375%	1h	189.01	+0.074%	$212K	$124K	10x	as long as short
Kraken Futures PF_SKHYUSD	+0.0693%	1h	189.02	+0.079%	$48K	$19K	20x	as long as short