Funding you earn now, next payment 00:00 UTC−0.0088%/8h= −9.6% APRpaid last 24h −0.021%
Price spread now: HTX against Coinbase International+0.578%7-day average −0.140% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs+$25as in the Price arb table
costs, in and out, $10k−$470.466% of the position
Funding, last 7 days+0.091%+$9 on $10k
+Price spread, last 3 days (all we have)−0.585%−$58 · spread now +0.578%, 7d avg −0.140%
=The price spread pays, funding is against you. HTX is 0.718% dearer against Coinbase International than usual: you sell high and buy low (spread +0.578% now, against its 7-day average of −0.140%): +$72 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 27 days. Mind the row above: over the last 7 days funding on this pair paid +0.091%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Coinbase International SKHY-PERP-INTX | 192.17 | 0.0088 | pay 0.0011% / 1h | 24m 35s | $117K | $803K | 10x |
| Short | HTX SKHY-USDT | 193.28 | 0 | get 0.0000% / 8h | 7h 24m | $160K | $386K | 50x |
Coinbase International SKHY-PERP-INTX
HTX SKHY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Coinbase International. 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
- −$18.48
- Price spread: +0.578% → −0.140%
- $71.77
- Slippage, 4 orders
- −$24.63
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $6.67
- Costs to cover
- 0.466%
- Break-even
- from the start
Slippage from Coinbase International: live order book, 49 min ago; HTX: live order book, 49 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 Coinbase International live order book, 49 min ago | 8.98 bp | 15.0 bp −$15 | 19.4 bp −$194 | doesn't fit | doesn't fit |
| Sell HTX live order book, 49 min ago | 2.38 bp | 8.4 bp −$8 | 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 | −0.0214% | 4h | 193.23 | +0.553% | $583K | $289K | 10x | as long as short |
| Nado SKHY-PERP | −0.0002% | 1h | 193.15 | +0.509% | $29K | $2K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 192.89 | +0.372% | $248K | $921K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.12 | +0.493% | $56K | $6K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.16 | +0.515% | $212.6M | $382.6M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.18 | +0.526% | $15.7M | $27.1M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.22 | +0.546% | $46.9M | $67.7M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.10 | +0.484% | $25.9M | $18.3M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.27 | +0.574% | $1.6M | $2.3M | — | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 193.61 | +0.749% | $709 | $6.8M | 10x | as long as short |
edgeX SKHYUSDC
Nado SKHY-PERP
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
SunX SKHY-USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX SKHY-USDTshort | 0.0000% | 8h | 193.28 | +0.578% | $160K | $386K | 50x | |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.23 | +0.552% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0005% | 1h | 193.09 | +0.479% | $1.2M | $4.9M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 193.08 | +0.474% | $1.0M | $667K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 193.06 | +0.463% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 193.11 | +0.489% | $57K | $153K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.14 | +0.505% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.16 | +0.515% | $197K | $256K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 193.20 | +0.536% | $190K | $454K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 193.26 | +0.567% | $555K | $1.7M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0060% | 1h | 193.31 | +0.593% | $47K | $268K | 10x | as long as short |
| tradeXYZ xyz:SKHY | +0.0071% | 1h | 193.08 | +0.474% | $165.3M | $64.5M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTXlong | +0.0088% | 1h | 192.17 | long leg | $117K | $803K | 10x | |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 193.06 | +0.463% | $1.1M | $277K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.27 | +0.572% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.29 | +0.583% | $2.2M | $446K | 50x | as long as short |
| SoDEX SKHY-USD | +0.0125% | 1h | 193.26 | +0.567% | $43K | $13K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0201% | 8h | 193.16 | +0.515% | $25.7M | $26.5M | 20x | as long as short |
| Phoenix SKHY | +0.0335% | 1h | 192.76 | +0.307% | $217K | $120K | 10x | as long as short |
| GRVT SKHY_USDT_Perp | +0.0479% | 8h | 193.36 | +0.618% | $23K | $195K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0707% | 1h | 193.44 | +0.662% | $51K | $22K | 20x | as long as short |
Phemex SKHYUSDT
QFEX SKHY-USD
Lighter SKHY
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
Ondo Perps SKHY-USD.P
Deribit SKHY_USDC-PERPETUAL
tradeXYZ xyz:SKHY
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
SoDEX SKHY-USD
Bitget SKHYUSDT
Phoenix SKHY
GRVT SKHY_USDT_Perp
Kraken Futures PF_SKHYUSD