Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Bitget+0.032%75s7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$310.306% of the position
Funding, last 7 days+0.196%+$20 on $10k
+Price spread, last 4 days (all we have)−0.051%−$5 · spread now +0.032%, 7d avg 0.000%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.032% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of 0.000%. The two prices were read 75 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SKHYUSDT | 189.96 | 0 | get 0.0000% / 8h | 3h 26m | $24.4M | $28.7M | 20x |
| Short | BloFin SKHY-USDT | 190.02 | 0.0120 | get 0.0120% / 8h | 3h 26m | $2.2M | $437K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bitget. 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: +0.032% → 0.000%
- $3.17
- Slippage, 4 orders
- −$6.6
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$2.23
- Costs to cover
- 0.306%
- Break-even
- 7.6 days
Slippage from Bitget: live order book, 3 min ago; BloFin: live order book, 7 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 Bitget live order book, 3 min ago | 0.26 bp | 8.3 bp −$8 | 13.7 bp −$137 | 24.9 bp −$2,491 | 45.1 bp −$22.6K |
| Sell BloFin live order book, 7 min ago | 0.26 bp | 7.3 bp −$7 | 8.5 bp −$85 | 19.4 bp −$1,936 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0999% | 4h | 190.13 | +0.088% | $573K | $289K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0119% | 1h | 189.83 | −0.068% | $48K | $328K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 189.86 | −0.053% | $36K | $876K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0027% | 1h | 189.85 | −0.058% | $159.1M | $69.6M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 190.00 | +0.020% | $246K | $893K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 189.78 | −0.097% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 189.83 | −0.068% | $200.1M | $407.3M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 189.84 | −0.063% | $15.3M | $28.6M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 189.83 | −0.068% | $45.1M | $73.3M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 189.88 | −0.042% | $25.6M | $19.6M | 75x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDTlong | 0.0000% | 8h | 189.96 | long leg | $24.4M | $28.7M | 20x | |
| Variational Omni SKHY | 0.0000% | 8h | 189.80 | −0.084% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 190.15 | +0.102% | $22K | $214K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 190.12 | +0.084% | $696 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 189.79 | −0.089% | $158K | $369K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 189.88 | −0.042% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0011% | 1h | 189.82 | −0.074% | $1.2M | $4.1M | 10x | as long as short |
| Lighter SKHY | +0.0016% | 1h | 189.77 | −0.100% | $1.0M | $704K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 189.81 | −0.079% | $1.1M | $1.4M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 190.08 | +0.063% | $59K | $164K | 10x | as long as short |
| Nado SKHY-PERP | +0.0042% | 1h | 189.99 | +0.013% | $34K | $28K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 189.96 | 0.000% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 189.86 | −0.053% | $200K | $258K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 189.76 | −0.105% | $183K | $470K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 189.86 | −0.053% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 190.17 | +0.111% | $529K | $2.7M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 189.96 | 0.000% | $1.1M | $318K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 189.88 | −0.042% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDTshort | +0.0120% | 8h | 190.02 | +0.032% | $2.2M | $437K | 50x | |
| Phoenix SKHY | +0.0375% | 1h | 190.40 | +0.232% | $213K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0690% | 1h | 189.88 | −0.044% | $48K | $19K | 20x | as long as short |
Bitget SKHYUSDT
BloFin SKHY-USDT
edgeX SKHYUSDC
Deribit SKHY_USDC-PERPETUAL
Coinbase International SKHY-PERP-INTX
tradeXYZ xyz:SKHY
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
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
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
KuCoin SKHYUSDTM
Phoenix SKHY
Kraken Futures PF_SKHYUSD