Funding you earn now, next payment 03:00 UTC−0.0116%/8h= −12.7% APRpaid last 24h −0.038%
Price spread now: QFEX against BloFin−0.026%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$260.263% of the position
Funding, last 4 days (all we have)−0.163%−$16 on $10k
+Price spread, last 4 days (all we have)+0.180%+$18 · spread now −0.026%, 7d avg −0.015%
=The price spread sits at its 7-day average of −0.015%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SKHY-USDT | 193.22 | 0.0120 | pay 0.0120% / 8h | 5h 03m | $2.3M | $438K | 50x |
| Short | QFEX SKHY-USD | 193.17 | 0.0004 | get 0.0000% / 1h | 3m 56s | $1.2M | $4.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$24.39
- Price spread: −0.026% → −0.015%
- −$1.1
- Slippage, 4 orders
- −$4.29
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$51.78
- Costs to cover
- 0.263%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 4 min ago; QFEX: 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, 4 min ago | 0.52 bp | 6.7 bp −$7 | 8.0 bp −$80 | 12.8 bp −$1,285 | 38.0 bp −$19.0K |
| Sell QFEX live order book, 4 min ago | 1.55 bp | 6.6 bp −$7 | 8.9 bp −$89 | doesn't fit | 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 | −0.0964% | 4h | 193.03 | −0.099% | $582K | $291K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0032% | 1h | 192.90 | −0.166% | $45K | $874K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.09 | −0.066% | $249K | $889K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.16 | −0.030% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.20 | −0.010% | $205.4M | $393.4M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.20 | −0.010% | $15.8M | $27.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.16 | −0.031% | $46.7M | $70.0M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.14 | −0.041% | $25.8M | $19.1M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.16 | −0.032% | $1.6M | $1.2M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 192.98 | −0.123% | $22K | $198K | 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 | 193.51 | +0.150% | $708 | $6.3M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 193.05 | −0.088% | $161K | $368K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.21 | −0.005% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USDshort | +0.0004% | 1h | 193.17 | −0.026% | $1.2M | $4.3M | 10x | |
| Lighter SKHY | +0.0032% | 1h | 193.09 | −0.067% | $1.0M | $696K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 193.07 | −0.078% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 193.10 | −0.062% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.17 | −0.026% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.20 | −0.010% | $201K | $257K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 193.09 | −0.067% | $161.6M | $67.5M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 193.09 | −0.067% | $189K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 193.16 | −0.031% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 192.99 | −0.119% | $567K | $2.2M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 193.07 | −0.078% | $1.1M | $297K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.17 | −0.026% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDTlong | +0.0120% | 8h | 193.22 | long leg | $2.3M | $438K | 50x | |
| Deribit SKHY_USDC-PERPETUAL | +0.0164% | 1h | 193.22 | 0.000% | $49K | $306K | 10x | as long as short |
| Nado SKHY-PERP | +0.0169% | 1h | 193.21 | −0.006% | $38K | $26K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0188% | 8h | 193.22 | 0.000% | $25.4M | $26.9M | 20x | as long as short |
| Phoenix SKHY | +0.0332% | 1h | 193.15 | −0.036% | $216K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0545% | 1h | 193.29 | +0.036% | $51K | $17K | 20x | as long as short |
BloFin SKHY-USDT
edgeX SKHYUSDC
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_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
KuCoin SKHYUSDTM
Deribit SKHY_USDC-PERPETUAL
Bitget SKHYUSDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD