Funding you earn now, next payment 10:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.002%
Price spread now: tradeXYZ against Aster−0.060%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$390.389% of the position
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.060%, 7d avg −0.030%
=Together, before fees−0.037%+ Points / potential airdropAster: Stage 5 · tradeXYZ: Active · farm board−$4 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.030% cheaper against Aster than usual: you would sell low and buy high (spread −0.060% now, against its 7-day average of −0.030%). If the spread goes back, that is −$3 on $10k: about 2.0 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SKHYUSDT | 186.45 | 0 | get 0.0000% / 8h | 6h 55m | $266K | $949K | 50x |
| Short | tradeXYZ xyz:SKHY | 186.34 | 0.0050 | get 0.0006% / 1h | 55m 22s | $157.8M | $78.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against Aster. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.5
- Price spread: −0.060% → −0.030%
- −$3.04
- Slippage, 4 orders
- −$12.91
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$31.45
- Costs to cover
- 0.389%
- Break-even
- 28.0 days
Slippage from Aster: live order book, 38 min ago; tradeXYZ: live order book, 5 min ago.
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 Aster live order book, 38 min ago | 1.09 bp | 8.4 bp −$8 | 8.8 bp −$88 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 5 min ago | 0.27 bp | 10.6 bp −$11 | 12.5 bp −$125 | doesn't fit | doesn't fit |
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 | −0.0978% | 8h | 186.19 | −0.141% | $25.6M | $35.5M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0196% | 4h | 186.52 | +0.036% | $562K | $289K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0180% | 8h | 186.37 | −0.044% | $1.1M | $402K | 20x | as long as short |
| QFEX SKHY-USD | −0.0005% | 1h | 186.33 | −0.065% | $1.2M | $4.3M | 10x | as long as short |
| Aster SKHYUSDTlong | 0.0000% | 8h | 186.45 | long leg | $266K | $949K | 50x | |
| Extended SKHY-USD | 0.0000% | 1h | 186.30 | −0.083% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.33 | −0.066% | $197.3M | $468.3M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.28 | −0.092% | $15.7M | $33.6M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.29 | −0.087% | $44.3M | $83.1M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.32 | −0.071% | $25.5M | $21.3M | 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 SKHY | 0.0000% | 8h | 186.51 | +0.030% | $1.5M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.66 | +0.112% | $22K | $249K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.53 | +0.042% | $683 | $5.7M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 186.29 | −0.087% | $47K | $355K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.50 | +0.026% | $155K | $377K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.53 | +0.042% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 186.49 | +0.020% | $992K | $1.3M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.31 | −0.076% | $1.1M | $1.5M | 10x | as long as short |
| Nado SKHY-PERP | +0.0035% | 1h | 186.33 | −0.068% | $32K | $28K | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.28 | −0.092% | $59K | $173K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.37 | −0.044% | — | $39K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 186.32 | −0.071% | $201K | $298K | 20x | as long as short |
| tradeXYZ xyz:SKHYshort | +0.0050% | 1h | 186.34 | −0.060% | $157.8M | $78.5M | 10x | |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 186.34 | −0.060% | $180K | $451K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 186.48 | +0.015% | $516K | $2.6M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0056% | 1h | 186.08 | −0.200% | $110K | $887K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0079% | 1h | 186.29 | −0.087% | $41K | $12K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.41 | −0.023% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.57 | +0.063% | $2.1M | $461K | 50x | as long as short |
| Phoenix SKHY | +0.0215% | 1h | 186.73 | +0.149% | $209K | $123K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0756% | 1h | 186.37 | −0.045% | $48K | $20K | 20x | as long as short |
Aster SKHYUSDT
tradeXYZ xyz:SKHY
Bitget SKHYUSDT
edgeX SKHYUSDC
KuCoin SKHYUSDTM
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
Coinbase International SKHY-PERP-INTX
SoDEX SKHY-USD
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD