SKHY

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0080%/8h= −8.8% APRnext payment −$0.10 per $10,000 · paid last 24h +0.010%

Price spread now: Popdex against Coinbase International−0.666%7-day average −0.110% · 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−$89as in the Price arb table

costs, in and out, $10k−$340.337% of the position

Long on Coinbase International Short on Popdex

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.045%+$4 on $10k

Price spread, last 4 days (all we have)+0.762%+$76 · spread now −0.666%, 7d avg −0.110%

Together, before fees+0.806%+$81 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Popdex is 0.555% cheaper against Coinbase International than usual: you would sell low and buy high (−$56 if the spread goes back to its 7-day average of −0.110%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Coinbase International SKHY-PERP-INTX	187.75	−0.0104	get 0.0013% / 1h	27m 23s	$63K	$902K	10x
Short	Popdex SKHYUSDT	186.50	−0.0184	pay 0.0023% / 1h	27m 23s	$197K	$275K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Popdex 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 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 Coinbase InternationalbpFee PopdexbpOrdersPrice spread, now −0.666%Rate

Funding earned: −$16.8
Price spread: −0.666% → −0.110%: −$55.54
Slippage, 4 orders: −$17.34
Fee Coinbase International: 5 bp × 2 orders: −$10
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Net: −$106.07
Costs to cover: 0.337%
Break-even: never at this rate

Slippage from Coinbase International: live order book, 16 min ago; Popdex: live order book, 16 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, 16 min ago	5.89 bp	11.3 bp −$11	18.6 bp −$186	doesn't fit	doesn't fit
Sell Popdex live order book, 16 min ago	1.07 bp	5.9 bp −$6	9.4 bp −$94	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
Bitget SKHYUSDT	−0.1291%	8h	186.75	−0.533%	$25.1M	$31.7M	20x	as long as short
edgeX SKHYUSDC	−0.0625%	4h	186.55	−0.637%	$562K	$289K	10x	as long as short
Nado SKHY-PERP	−0.0193%	1h	186.70	−0.557%	$33K	$28K	10x	as long as short
tradeXYZ xyz:SKHY	−0.0187%	1h	186.54	−0.644%	$158.5M	$74.7M	10x	as long as short
Popdex SKHYUSDTshort	−0.0184%	1h	186.50	−0.666%	$197K	$275K	20x
Polymarket Perps SKHY-USD	−0.0173%	1h	186.42	−0.708%	$180K	$487K	10x	as long as short
Kraken Futures PF_SKHYUSD	−0.0139%	1h	186.51	−0.660%	$47K	$19K	20x	as long as short
Deribit SKHY_USDC-PERPETUAL	−0.0125%	1h	186.55	−0.639%	$49K	$343K	10x	as long as short
Coinbase International SKHY-PERP-INTXlong	−0.0104%	1h	187.75	long leg	$63K	$902K	10x
Lighter SKHY	−0.0072%	1h	186.54	−0.644%	$954K	$1.1M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps SKHY-USD.P	−0.0050%	1h	186.32	−0.762%	$514K	$2.6M	10x	as long as short
QFEX SKHY-USD	−0.0049%	1h	186.50	−0.666%	$1.2M	$4.2M	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	186.65	−0.586%	$226K	$919K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	186.48	−0.679%	$54K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	186.52	−0.655%	$199.1M	$439.8M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	186.56	−0.634%	$15.9M	$29.3M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	186.52	−0.655%	$44.6M	$77.6M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	186.54	−0.644%	$25.5M	$20.5M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	186.43	−0.702%	$1.6M	$1.0M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	186.39	−0.724%	$22K	$229K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	186.80	−0.506%	$684	$6.1M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	186.54	−0.644%	$155K	$366K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	186.61	−0.607%	$1.5M	$1.1M	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	186.51	−0.660%	$1.1M	$1.6M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	186.47	−0.682%	$59K	$166K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	186.60	−0.613%	—	$24K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	186.51	−0.660%	$41K	$13K	10x	as long as short
KuCoin SKHYUSDTM	+0.0084%	8h	186.49	−0.671%	$1.1M	$329K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	186.54	−0.644%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	186.58	−0.623%	$2.2M	$420K	50x	as long as short
Phoenix SKHY	+0.0213%	1h	186.53	−0.650%	$209K	$115K	10x	as long as short