Funding you earn now, next payment 04:00 UTC−0.0072%/8h= −7.8% APRpaid last 24h −0.028%
Price spread now: tradeXYZ against BloFin−0.036%7-day average −0.027% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$320.319% of the position
Funding, last 7 days−0.278%−$28 on $10k
+Price spread, last 4 days (all we have)+0.071%+$7 · spread now −0.036%, 7d avg −0.027%
=Together, before fees−0.207%+ Points / potential airdroptradeXYZ: Active · farm board−$21 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.027%, so right now this pair is about funding alone: −$2 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 | 193.10 | 0.0120 | pay 0.0120% / 8h | 4h 34m | $2.2M | $437K | 50x |
| Short | tradeXYZ xyz:SKHY | 193.03 | 0.0048 | get 0.0006% / 1h | 34m 59s | $161.5M | $67.7M | 10x |
BloFin SKHY-USDT
tradeXYZ xyz:SKHYFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$15.03
- Price spread: −0.036% → −0.027%
- −$0.94
- Slippage, 4 orders
- −$1.9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$47.87
- Costs to cover
- 0.319%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 3 min ago; tradeXYZ: 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, 3 min ago | 0.26 bp | 6.3 bp −$6 | 7.2 bp −$72 | 14.4 bp −$1,438 | doesn't fit |
| Sell tradeXYZ live order book, 5 min ago | 0.52 bp | 9.5 bp −$10 | 11.3 bp −$113 | 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 | −0.0308% | 4h | 193.10 | +0.003% | $582K | $290K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0048% | 1h | 192.84 | −0.135% | $45K | $861K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.10 | −0.002% | $249K | $889K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.05 | −0.025% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.10 | +0.001% | $204.4M | $392.7M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.11 | +0.005% | $15.7M | $27.5M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.11 | +0.005% | $46.6M | $69.9M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.09 | −0.005% | $25.8M | $18.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.08 | −0.010% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 193.12 | +0.010% | $23K | $201K | 10x | as long as short |
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_PerpShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 193.40 | +0.155% | $708 | $6.3M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 193.06 | −0.021% | $161K | $367K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.13 | +0.016% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0015% | 1h | 193.08 | −0.010% | $1.2M | $4.1M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 193.00 | −0.052% | $1.0M | $686K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.98 | −0.062% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 193.03 | −0.036% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.08 | −0.010% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.12 | +0.010% | $201K | $255K | 20x | as long as short |
| tradeXYZ xyz:SKHYshort | +0.0048% | 1h | 193.03 | −0.036% | $161.5M | $67.7M | 10x | |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 193.00 | −0.052% | $189K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 193.09 | −0.005% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 193.06 | −0.021% | $574K | $2.3M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0061% | 1h | 193.12 | +0.010% | $49K | $316K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 193.06 | −0.021% | $1.1M | $305K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.13 | +0.016% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDTlong | +0.0120% | 8h | 193.10 | long leg | $2.2M | $437K | 50x | |
| Nado SKHY-PERP | +0.0138% | 1h | 193.11 | +0.005% | $38K | $26K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0158% | 8h | 193.15 | +0.026% | $25.3M | $26.9M | 20x | as long as short |
| Phoenix SKHY | +0.0372% | 1h | 193.09 | −0.005% | $216K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.1058% | 1h | 193.18 | +0.042% | $49K | $19K | 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
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
Bitget SKHYUSDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD