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: Binance against BloFin+0.016%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$250.248% of the position
Funding, last 7 days−0.251%−$25 on $10k
+Price spread, last 4 days (all we have)−0.116%−$12 · spread now +0.016%, 7d avg −0.017%
=The price spread pays, funding is against you. Binance is 0.033% dearer against BloFin than usual: you sell high and buy low (spread +0.016% now, against its 7-day average of −0.017%): +$3 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 22 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SKHY-USDT | 186.32 | 0.0120 | pay 0.0120% / 8h | 51m 03s | $2.2M | $423K | 50x |
| Short | Binance SKHYUSDT | 186.35 | 0 | get 0.0000% / 8h | 51m 03s | $200.2M | $449.9M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. 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: +0.016% → −0.017%
- $3.31
- Slippage, 4 orders
- −$2.81
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$46.69
- Costs to cover
- 0.248%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; Binance: live order book, 8 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 BloFin live order book, 2 min ago | 0.54 bp | 7.3 bp −$7 | 9.5 bp −$95 | 18.0 bp −$1,798 | 43.1 bp −$21.5K |
| Sell Binance live order book, 8 min ago | 0.27 bp | 5.3 bp −$5 | 6.2 bp −$62 | 23.5 bp −$2,349 | 98.6 bp −$49.3K |
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 | −0.1379% | 8h | 186.59 | +0.145% | $25.4M | $32.8M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0889% | 4h | 186.25 | −0.040% | $561K | $290K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0501% | 1h | 186.34 | +0.011% | $49K | $346K | 10x | as long as short |
| Popdex SKHYUSDT | −0.0336% | 1h | 186.30 | −0.011% | $204K | $287K | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.0326% | 1h | 186.32 | 0.000% | $158.4M | $76.8M | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0266% | 1h | 186.44 | +0.062% | $48K | $21K | 20x | as long as short |
| Nado SKHY-PERP | −0.0237% | 1h | 186.53 | +0.112% | $33K | $28K | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0226% | 1h | 186.20 | −0.064% | $180K | $487K | 10x | as long as short |
| Lighter SKHY | −0.0104% | 1h | 186.28 | −0.021% | $974K | $1.2M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 187.58 | +0.676% | $68K | $905K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX SKHY-USD | −0.0061% | 1h | 186.32 | 0.000% | $1.2M | $4.3M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.0056% | 1h | 186.19 | −0.070% | $520K | $2.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0014% | 8h | 186.25 | −0.038% | $1.1M | $325K | 20x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.47 | +0.079% | $224K | $925K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.33 | +0.005% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDTshort | 0.0000% | 8h | 186.35 | +0.016% | $200.2M | $449.9M | 50x | |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.35 | +0.016% | $16.7M | $29.6M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.36 | +0.021% | $44.4M | $79.0M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.32 | 0.000% | $25.5M | $20.9M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.04 | −0.150% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.21 | −0.061% | $22K | $232K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.58 | +0.140% | $683 | $6.1M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.28 | −0.021% | $155K | $363K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.30 | −0.011% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.24 | −0.043% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.17 | −0.081% | $60K | $171K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.37 | +0.027% | — | $32K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.30 | −0.011% | $41K | $12K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.32 | 0.000% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDTlong | +0.0120% | 8h | 186.32 | long leg | $2.2M | $423K | 50x | |
| Phoenix SKHY | +0.0129% | 1h | 186.38 | +0.032% | $209K | $123K | 10x | as long as short |
BloFin SKHY-USDT
Binance SKHYUSDT
Bitget SKHYUSDT
edgeX SKHYUSDC
Deribit SKHY_USDC-PERPETUAL
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Kraken Futures PF_SKHYUSD
Polymarket Perps SKHY-USD
Lighter SKHY
Coinbase International SKHY-PERP-INTX
KuCoin SKHYUSDTM
Aster SKHYUSDT
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 RH SKHY
SoDEX SKHY-USD
Phoenix SKHY