Funding you earn now, next payment 16:00 UTC−0.1274%/8h= −139.5% APRnext payment −$12.74 per $10,000 · paid last 24h −0.125%
Price spread now: Bitget against Binance−0.006%7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$270.274% of the position
Funding, last 7 days−0.096%−$10 on $10k
+Price spread, last 7 days+0.016%+$2 · spread now −0.006%, 7d avg +0.001%
=The price spread sits at its 7-day average of +0.001%, so right now this pair is about funding alone: −$38 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.096% in total (about -5.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$12.74 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SKHYUSDT | 185.28 | 0 | get 0.0000% / 8h | 7h 46m | $198.4M | $459.0M | 50x |
| Short | Bitget SKHYUSDT | 185.27 | −0.1274 | pay 0.1274% / 8h | 7h 46m | $25.5M | $34.4M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$267.54
- Price spread: −0.006% → +0.001%
- −$0.73
- Slippage, 4 orders
- −$5.45
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$295.71
- Costs to cover
- 0.274%
- Break-even
- never at this rate
Slippage from Binance: live order book, 12 min ago; Bitget: live order book, 3 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 Binance live order book, 12 min ago | 0.27 bp | 5.7 bp −$6 | 7.5 bp −$75 | 25.1 bp −$2,506 | 114.6 bp −$57.3K |
| Sell Bitget live order book, 3 min ago | 0.54 bp | 8.0 bp −$8 | 17.1 bp −$171 | 31.8 bp −$3,179 | 47.1 bp −$23.5K |
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 SKHYUSDTshort | −0.1274% | 8h | 185.27 | −0.006% | $25.5M | $34.4M | 20x | |
| GRVT SKHY_USDT_Perp | −0.0520% | 8h | 185.54 | +0.140% | $22K | $242K | 10x | as long as short |
| edgeX SKHYUSDC | −0.0474% | 4h | 185.46 | +0.098% | $559K | $291K | 10x | as long as short |
| Bybit SKHYUSDT | −0.0310% | 8h | 185.26 | −0.011% | $16.5M | $32.3M | 100x | as long as short |
| KuCoin SKHYUSDTM | −0.0191% | 8h | 185.37 | +0.048% | $1.1M | $360K | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0181% | 1h | 185.32 | +0.021% | $48K | $351K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0174% | 1h | 185.31 | +0.016% | $157.4M | $77.4M | 10x | as long as short |
| Nado SKHY-PERP | −0.0124% | 1h | 185.47 | +0.101% | $33K | $28K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.0114% | 1h | 185.19 | −0.049% | $514K | $2.6M | 10x | as long as short |
| Lighter SKHY | −0.0096% | 1h | 185.19 | −0.049% | $986K | $1.2M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex SKHYUSDT | −0.0048% | 1h | 185.37 | +0.048% | $201K | $286K | 20x | as long as short |
| QFEX SKHY-USD | −0.0028% | 1h | 185.33 | +0.027% | $1.2M | $4.3M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 185.49 | +0.111% | $224K | $914K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 185.26 | −0.011% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDTlong | 0.0000% | 8h | 185.28 | long leg | $198.4M | $459.0M | 50x | |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 185.23 | −0.027% | $43.9M | $81.3M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 185.35 | +0.037% | $25.6M | $20.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 185.49 | +0.115% | $1.6M | $1.0M | — | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 185.63 | +0.188% | $679 | $6.0M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 185.30 | +0.010% | $154K | $363K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 185.29 | +0.005% | $1.5M | $1.1M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0024% | 1h | 187.58 | +1.241% | $68K | $788K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 185.17 | −0.060% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 185.33 | +0.027% | $60K | $171K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 185.35 | +0.037% | — | $33K | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 185.42 | +0.075% | $179K | $451K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 185.29 | +0.005% | $41K | $12K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 185.39 | +0.059% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 185.38 | +0.054% | $2.1M | $432K | 50x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0171% | 1h | 185.39 | +0.058% | $48K | $20K | 20x | as long as short |
| Phoenix SKHY | +0.0215% | 1h | 185.67 | +0.210% | $208K | $123K | 10x | as long as short |
Binance SKHYUSDT
Bitget SKHYUSDT
GRVT SKHY_USDT_Perp
edgeX SKHYUSDC
Bybit SKHYUSDT
KuCoin SKHYUSDTM
Deribit SKHY_USDC-PERPETUAL
tradeXYZ xyz:SKHY
Lighter SKHY
Popdex SKHYUSDT
Aster SKHYUSDT
Extended SKHY-USD
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Coinbase International SKHY-PERP-INTX
Lighter RH SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
BloFin SKHY-USDT
Kraken Futures PF_SKHYUSD
Phoenix SKHY