Funding you earn now, next payment 04:00 UTC−0.1112%/8h= −121.8% APRpaid last 24h −0.025%
Price spread now: edgeX against Bitget+0.037%54s7-day average −0.005% · you sell dearer than you buy
Net, funding: paid 7d − costs+$37as 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−$290.294% of the position
Funding, last 7 days+0.664%+$66 on $10k
+Price spread, last 4 days (all we have)+0.689%+$69 · spread now +0.037%, 7d avg −0.005%
=Together, before fees+1.353%+ Points / potential airdropedgeX: Active · farm board+$135 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.043% dearer against Bitget than usual: you sell high and buy low (spread +0.037% now, against its 7-day average of −0.005%): +$4 on $10k if it goes back. Holding the pair costs −$33 a day in funding at the current rate, which eats that in about 3 hours. Mind the row above: over the last 7 days funding on this pair paid +0.664%, so the current rate has only just turned against you. The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.664% in total (about 34.6% a year). A funding rate is set anew for every payment. 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 | Bitget SKHYUSDT | 192.81 | 0.0188 | pay 0.0188% / 8h | 5h 58m | $25.5M | $26.4M | 20x |
| Short | edgeX SKHYUSDC | 192.88 | −0.0924 | pay 0.0462% / 4h | 1h 58m | $581K | $291K | 10x |
Bitget SKHYUSDT
edgeX SKHYUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$233.52
- Price spread: +0.037% → −0.005%
- $4.27
- Slippage, 4 orders
- −$8.36
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$258.61
- Costs to cover
- 0.294%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; edgeX: 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 Bitget live order book, 5 min ago | 0.52 bp | 9.3 bp −$9 | 14.7 bp −$147 | 23.4 bp −$2,336 | 40.0 bp −$20.0K |
| Sell edgeX live order book, 5 min ago | 1.04 bp | 5.9 bp −$6 | 11.2 bp −$112 | doesn't fit | doesn't fit |
SKHY on 30 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 SKHYUSDCshort | −0.0924% | 4h | 192.88 | +0.037% | $581K | $291K | 10x | |
| Coinbase International SKHY-PERP-INTX | −0.0032% | 1h | 192.90 | +0.047% | $45K | $874K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 192.98 | +0.090% | $248K | $890K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.03 | +0.112% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.14 | +0.171% | $208.8M | $385.5M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.12 | +0.161% | $15.7M | $27.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.16 | +0.182% | $46.8M | $69.1M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.03 | +0.114% | $25.8M | $18.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 192.91 | +0.053% | $1.6M | $1.4M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 192.94 | +0.066% | $23K | $193K | 10x | as long as short |
Coinbase International SKHY-PERP-INTX
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 193.18 | +0.192% | $707 | $6.4M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 192.83 | +0.010% | $160K | $368K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 192.87 | +0.031% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0004% | 1h | 193.06 | +0.130% | $1.2M | $4.4M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.94 | +0.067% | $1.0M | $684K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.95 | +0.073% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 192.79 | −0.010% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 192.73 | −0.041% | — | $11K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.13 | +0.166% | $198K | $256K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 192.95 | +0.073% | $162.1M | $66.3M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 192.61 | −0.104% | $188K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 192.80 | −0.005% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 193.01 | +0.104% | $557K | $2.0M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0061% | 1h | 192.86 | +0.026% | $48K | $278K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 193.00 | +0.099% | $1.1M | $288K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 192.76 | −0.026% | $2K | $4K | 10x | as long as short |
| Nado SKHY-PERP | +0.0140% | 1h | 192.68 | −0.070% | $38K | $26K | 10x | as long as short |
| Bitget SKHYUSDTlong | +0.0188% | 8h | 192.81 | long leg | $25.5M | $26.4M | 20x | |
| Phoenix SKHY | +0.0331% | 1h | 193.00 | +0.099% | $216K | $122K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0546% | 1h | 192.90 | +0.044% | $51K | $17K | 20x | as long as short |
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Lighter SKHY
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
Deribit SKHY_USDC-PERPETUAL
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
Nado SKHY-PERP
Phoenix SKHY
Kraken Futures PF_SKHYUSD