Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Binance+0.031%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$260.262% of the position
Funding, last 7 days+0.252%+$25 on $10k
+Price spread, last 4 days (all we have)−0.063%−$6 · spread now +0.031%, 7d avg +0.014%
=The price spread sits at its 7-day average of +0.014%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SKHYUSDT | 188.20 | 0 | get 0.0000% / 8h | 5h 48m | $198.6M | $473.1M | 50x |
| Short | BloFin SKHY-USDT | 188.26 | 0.0120 | get 0.0120% / 8h | 5h 48m | $2.2M | $469K | 50x |
Binance SKHYUSDT
BloFin SKHY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $25.2
- Price spread: +0.031% → +0.014%
- $1.67
- Slippage, 4 orders
- −$4.16
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $0.71
- Costs to cover
- 0.262%
- Break-even
- 6.8 days
Slippage from Binance: live order book, 3 min ago; BloFin: live order book, 2 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, 3 min ago | 0.27 bp | 5.8 bp −$6 | 7.3 bp −$73 | 22.8 bp −$2,282 | 89.2 bp −$44.6K |
| Sell BloFin live order book, 2 min ago | 1.33 bp | 7.6 bp −$8 | 9.5 bp −$95 | 20.0 bp −$1,996 | 34.2 bp −$17.1K |
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 | |
|---|---|---|---|---|---|---|---|---|
| Deribit SKHY_USDC-PERPETUAL | −0.0865% | 1h | 188.21 | +0.004% | $32K | $457K | 10x | as long as short |
| Bitget SKHYUSDT | −0.0570% | 8h | 188.20 | −0.001% | $26.1M | $36.4M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0493% | 4h | 188.17 | −0.015% | $567K | $286K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0266% | 1h | 187.89 | −0.166% | $51K | $36K | 20x | as long as short |
| KuCoin SKHYUSDTM | −0.0107% | 8h | 188.19 | −0.006% | $1.1M | $475K | 20x | as long as short |
| Nado SKHY-PERP | −0.0099% | 1h | 188.43 | +0.120% | $33K | $28K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0079% | 1h | 188.18 | −0.012% | $158.9M | $78.1M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0040% | 1h | 187.65 | −0.293% | $110K | $777K | 10x | as long as short |
| QFEX SKHY-USD | −0.0013% | 1h | 188.25 | +0.026% | $1.2M | $4.3M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 188.27 | +0.035% | $264K | $913K | 50x | as long as short |
Deribit SKHY_USDC-PERPETUAL
Bitget SKHYUSDT
edgeX SKHYUSDC
Kraken Futures PF_SKHYUSD
KuCoin SKHYUSDTM
Nado SKHY-PERP
tradeXYZ xyz:SKHY
Coinbase International SKHY-PERP-INTX
QFEX SKHY-USD
Aster SKHYUSDTShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SKHY-USD | 0.0000% | 1h | 188.14 | −0.035% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDTlong | 0.0000% | 8h | 188.20 | long leg | $198.6M | $473.1M | 50x | |
| Bybit SKHYUSDT | 0.0000% | 8h | 188.19 | −0.006% | $16.5M | $34.2M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 188.18 | −0.012% | $44.6M | $85.8M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 188.18 | −0.012% | $25.4M | $21.7M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 188.18 | −0.013% | $1.5M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.20 | +0.001% | $22K | $244K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 188.52 | +0.169% | $690 | $5.5M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 188.25 | +0.026% | $156K | $376K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 188.33 | +0.068% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 188.18 | −0.012% | $990K | $1.3M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 188.14 | −0.033% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 188.04 | −0.086% | $60K | $131K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.37 | +0.089% | — | $39K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 188.26 | +0.031% | $203K | $309K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 188.24 | +0.020% | $183K | $353K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 188.28 | +0.041% | $42K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 188.22 | +0.010% | $525K | $2.5M | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 188.30 | +0.052% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDTshort | +0.0120% | 8h | 188.26 | +0.031% | $2.2M | $469K | 50x | |
| Phoenix SKHY | +0.0255% | 1h | 188.46 | +0.137% | $211K | $123K | 10x | as long as short |
Extended SKHY-USD
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
Orderly PERP_SKHY_USDC_mythos
Phoenix SKHY