Funding you earn now, next payment 05:00 UTC−0.0017%/8h= −1.8% APRpaid last 24h +0.009%
Price spread now: tradeXYZ against Binance+0.002%7-day average −0.046% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$320.316% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 7 days−0.036%−$4 · spread now +0.002%, 7d avg −0.046%
=Together, before fees−0.060%+ Points / potential airdroptradeXYZ: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.048% dearer against Binance than usual: you sell high and buy low (spread +0.002% now, against its 7-day average of −0.046%): +$5 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 9.4 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SKHYUSDT | 188.79 | 0 | get 0.0000% / 8h | 3h 03m | $199.1M | $412.5M | 50x |
| Short | tradeXYZ xyz:SKHY | 188.79 | −0.0017 | pay 0.0002% / 1h | 3m 24s | $158.4M | $70.1M | 10x |
Binance SKHYUSDT
tradeXYZ xyz:SKHYFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$3.55
- Price spread: +0.002% → −0.046%
- $4.75
- Slippage, 4 orders
- −$3.57
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$30.37
- Costs to cover
- 0.316%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 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 Binance live order book, 10 min ago | 0.26 bp | 5.3 bp −$5 | 6.4 bp −$64 | 23.3 bp −$2,333 | 78.5 bp −$39.2K |
| Sell tradeXYZ live order book, 5 min ago | 1.06 bp | 10.1 bp −$10 | 11.0 bp −$110 | 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 | −0.0352% | 8h | 188.93 | +0.076% | $24.3M | $29.4M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0232% | 4h | 188.78 | −0.003% | $569K | $291K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 189.86 | +0.569% | $36K | $876K | 10x | as long as short |
| tradeXYZ xyz:SKHYshort | −0.0017% | 1h | 188.79 | +0.002% | $158.4M | $70.1M | 10x | |
| Aster SKHYUSDT | 0.0000% | 8h | 188.89 | +0.053% | $244K | $897K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 188.73 | −0.029% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDTlong | 0.0000% | 8h | 188.79 | long leg | $199.1M | $412.5M | 50x | |
| Bybit SKHYUSDT | 0.0000% | 8h | 188.81 | +0.013% | $15.4M | $29.1M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 188.79 | +0.002% | $44.8M | $73.7M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 188.81 | +0.013% | $25.3M | $19.9M | 75x | as long as short |
Bitget SKHYUSDT
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Aster SKHYUSDT
Extended SKHY-USD
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKHY | 0.0000% | 8h | 188.92 | +0.072% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.86 | +0.041% | $22K | $216K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.13 | +0.182% | $692 | $6.2M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 188.82 | +0.018% | $48K | $331K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 188.99 | +0.108% | $157K | $370K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 189.08 | +0.156% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0008% | 1h | 188.79 | +0.002% | $995K | $747K | 10x | as long as short |
| QFEX SKHY-USD | +0.0011% | 1h | 188.82 | +0.018% | $1.2M | $4.1M | 10x | as long as short |
| Nado SKHY-PERP | +0.0012% | 1h | 189.01 | +0.119% | $33K | $28K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 188.79 | +0.002% | $1.0M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 188.84 | +0.028% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.89 | +0.055% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 188.84 | +0.028% | $199K | $259K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 188.75 | −0.019% | $182K | $472K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 188.82 | +0.018% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 188.78 | −0.003% | $526K | $2.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 188.88 | +0.050% | $1.1M | $311K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 188.82 | +0.018% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 188.87 | +0.044% | $2.2M | $438K | 50x | as long as short |
| Phoenix SKHY | +0.0375% | 1h | 189.01 | +0.118% | $212K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0694% | 1h | 188.85 | +0.031% | $48K | $19K | 20x | as long as short |
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
QFEX SKHY-USD
Nado SKHY-PERP
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD