SKHY

Alert: funding

Alert: spread

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: Gate against BloFin−0.218%528s7-day average −0.027% · you buy dearer than you sell

Net, funding: paid 7d − costs−$64as 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−$410.407% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.231%−$23 on $10k

Price spread, last 3 days (all we have)+0.168%+$17 · spread now −0.218%, 7d avg −0.027%

Together, before fees−0.063%−$6 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.190% cheaper against BloFin than usual: you would sell low and buy high (−$19 if the spread goes back to its 7-day average of −0.027%). Swap the legs. The two prices were read 528 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	BloFin SKHY-USDT	193.08	0.0120	pay 0.0120% / 8h	6h 40m	$2.3M	$445K	50x
Short	Gate SKHY_USDT	192.66	0	get 0.0000% / 8h	6h 40m	$25.8M	$18.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate 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 GatebpOrdersPrice spread, now −0.218%Rate

Funding earned: −$25.2
Price spread: −0.218% → −0.027%: −$19.01
Slippage, 4 orders: −$13.67
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$84.88
Costs to cover: 0.407%
Break-even: never at this rate

Slippage from BloFin: live order book, 13 min ago; Gate: live order book, 4 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, 13 min ago	0.52 bp	6.5 bp −$7	7.2 bp −$72	15.4 bp −$1,539	doesn't fit
Sell Gate live order book, 4 min ago	1.30 bp	14.8 bp −$15	26.7 bp −$267	64.6 bp −$6,459	120.2 bp −$60.1K

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	−0.0332%	4h	192.69	−0.203%	$581K	$289K	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0072%	1h	192.90	−0.093%	$45K	$874K	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	192.69	−0.203%	$248K	$890K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	192.66	−0.216%	$56K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	192.73	−0.181%	$210.3M	$384.8M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	192.75	−0.171%	$15.6M	$27.2M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	192.75	−0.171%	$46.8M	$69.0M	50x	as long as short
Gate SKHY_USDTshort	0.0000%	8h	192.66	−0.218%	$25.8M	$18.8M	75x
Variational Omni SKHY	0.0000%	8h	192.94	−0.075%	$1.6M	$2.2M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	192.90	−0.092%	$22K	$191K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SKHY-USDT	0.0000%	8h	193.00	−0.041%	$706	$6.6M	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	0.0000%	1h	192.69	−0.202%	$48K	$270K	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	192.67	−0.212%	$160K	$376K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	192.73	−0.181%	$1.5M	$1.1M	10x	as long as short
QFEX SKHY-USD	+0.0002%	1h	192.66	−0.218%	$1.2M	$4.6M	10x	as long as short
Nado SKHY-PERP	+0.0018%	1h	192.69	−0.202%	$42K	$21K	10x	as long as short
Lighter SKHY	+0.0032%	1h	192.59	−0.254%	$1.0M	$680K	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	192.60	−0.249%	$1.1M	$1.5M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	192.86	−0.114%	$57K	$154K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	192.76	−0.166%	—	$12K	10x	as long as short
Popdex SKHYUSDT	+0.0048%	1h	192.71	−0.192%	$197K	$256K	20x	as long as short
tradeXYZ xyz:SKHY	+0.0050%	1h	192.66	−0.218%	$162.8M	$66.7M	10x	as long as short
Polymarket Perps SKHY-USD	+0.0050%	1h	192.64	−0.228%	$188K	$456K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	192.74	−0.176%	$43K	$13K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	192.91	−0.088%	$533K	$1.8M	10x	as long as short
KuCoin SKHYUSDTM	+0.0100%	8h	192.75	−0.171%	$1.1M	$279K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	192.72	−0.186%	$2K	$4K	10x	as long as short
BloFin SKHY-USDTlong	+0.0120%	8h	193.08	long leg	$2.3M	$445K	50x
Phoenix SKHY	+0.0331%	1h	193.14	+0.031%	$216K	$123K	10x	as long as short
Bitget SKHYUSDT	+0.0377%	8h	192.86	−0.114%	$25.5M	$26.4M	20x	as long as short
Kraken Futures PF_SKHYUSD	+0.0707%	1h	192.72	−0.189%	$51K	$17K	20x	as long as short