SKHY

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC−0.0712%/8h= −78.0% APRnext payment −$7.12 per $10,000 · paid last 24h −0.161%

Price spread now: Bitget against BloFin+0.016%75s7-day average +0.006% · you sell dearer than you buy

Net, funding: paid 7d − costs−$67as 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−$320.324% of the position

Long on BloFin Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days−0.348%−$35 on $10k

Price spread, last 4 days (all we have)−0.005%−$1 · spread now +0.016%, 7d avg +0.006%

Together, before fees−0.353%−$35 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: −$21 a day on $10k at the current rate. The two prices were read 75 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 -0.348% in total (about -18.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.12 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SKHY-USDT	188.26	0.0120	pay 0.0120% / 8h	5h 51m	$2.2M	$466K	50x
Short	Bitget SKHYUSDT	188.29	−0.0592	pay 0.0592% / 8h	5h 51m	$26.1M	$36.4M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee BitgetbpOrdersPrice spread, now +0.016%Rate

Funding earned: −$149.52
Price spread: +0.016% → +0.006%: $1.01
Slippage, 4 orders: −$8.41
Fee BloFin: 6 bp × 2 orders: −$12
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$180.92
Costs to cover: 0.324%
Break-even: never at this rate

Slippage from BloFin: live order book, 4 min ago; Bitget: 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 BloFin live order book, 4 min ago	1.33 bp	8.3 bp −$8	9.1 bp −$91	17.2 bp −$1,724	38.7 bp −$19.3K
Sell Bitget live order book, 5 min ago	0.53 bp	7.6 bp −$8	15.8 bp −$158	44.2 bp −$4,423	doesn't fit

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
Bitget SKHYUSDTshort	−0.0592%	8h	188.29	+0.016%	$26.1M	$36.4M	20x
Kraken Futures PF_SKHYUSD	−0.0266%	1h	187.80	−0.243%	$51K	$36K	20x	as long as short
Deribit SKHY_USDC-PERPETUAL	−0.0228%	1h	188.24	−0.011%	$27K	$448K	10x	as long as short
KuCoin SKHYUSDTM	−0.0107%	8h	188.17	−0.048%	$1.1M	$470K	20x	as long as short
Nado SKHY-PERP	−0.0076%	1h	188.20	−0.033%	$33K	$28K	10x	as long as short
tradeXYZ xyz:SKHY	−0.0049%	1h	188.22	−0.021%	$158.9M	$78.0M	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0040%	1h	187.65	−0.324%	$110K	$779K	10x	as long as short
edgeX SKHYUSDC	−0.0040%	4h	187.78	−0.257%	$566K	$285K	10x	as long as short
QFEX SKHY-USD	−0.0013%	1h	188.04	−0.117%	$1.2M	$4.3M	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	188.18	−0.043%	$264K	$912K	50x	as long as short

Show all 31 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Extended SKHY-USD	0.0000%	1h	188.13	−0.068%	$55K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	188.18	−0.043%	$198.5M	$473.1M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	188.19	−0.037%	$16.5M	$34.2M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	188.21	−0.027%	$44.5M	$85.8M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	188.15	−0.058%	$25.3M	$21.6M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	187.90	−0.193%	$1.5M	$1.0M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	188.14	−0.064%	$22K	$244K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	188.49	+0.122%	$690	$5.5M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	188.09	−0.090%	$156K	$376K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	188.22	−0.021%	$1.5M	$1.1M	10x	as long as short
Lighter SKHY	+0.0032%	1h	188.20	−0.032%	$993K	$1.3M	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	188.15	−0.058%	$1.1M	$1.5M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	188.05	−0.112%	$60K	$131K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	188.19	−0.037%	—	$39K	10x	as long as short
Popdex SKHYUSDT	+0.0048%	1h	188.12	−0.074%	$203K	$308K	20x	as long as short
Polymarket Perps SKHY-USD	+0.0050%	1h	188.07	−0.101%	$183K	$353K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	188.18	−0.042%	$42K	$12K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	188.11	−0.080%	$524K	$2.5M	10x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	188.18	−0.042%	$2K	$4K	10x	as long as short
BloFin SKHY-USDTlong	+0.0120%	8h	188.26	long leg	$2.2M	$466K	50x
Phoenix SKHY	+0.0255%	1h	188.35	+0.048%	$211K	$123K	10x	as long as short