Funding you earn now, next payment 08:00 UTC+0.0401%/8h= +43.9% APRpaid last 24h +0.164%
Price spread now: OKX against edgeX−0.087%61s7-day average −0.009% · you buy dearer than you sell
Net, funding: paid 7d − costs−$87as 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−$340.339% of the position
Funding, last 7 days−0.534%−$53 on $10k
+Price spread, last 4 days (all we have)−0.060%−$6 · spread now −0.087%, 7d avg −0.009%
=Together, before fees−0.594%+ Points / potential airdropedgeX: Active · farm board−$59 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.078% cheaper against edgeX than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of −0.009%). If the spread goes back, that is −$8 on $10k: about 16 hours of funding at the current rate (+$12 a day). Mind the row above: over the last 7 days funding on this pair cost −0.534%, so the current rate has only just turned in your favour. The two prices were read 61 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 | edgeX SKHYUSDC | 186.36 | −0.0401 | get 0.0201% / 4h | 1h 14m | $562K | $291K | 10x |
| Short | OKX SKHY-USDT-SWAP | 186.20 | 0 | get 0.0000% / 8h | 1h 14m | $44.4M | $77.6M | 50x |
edgeX SKHYUSDC
OKX SKHY-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against edgeX. 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
- $84.25
- Price spread: −0.087% → −0.009%
- −$7.79
- Slippage, 4 orders
- −$14.91
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $42.55
- Costs to cover
- 0.339%
- Break-even
- 3.5 days
Slippage from edgeX: live order book, 29 min ago; OKX: 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 edgeX live order book, 29 min ago | 5.62 bp | 11.1 bp −$11 | 19.1 bp −$191 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.27 bp | 6.7 bp −$7 | 9.0 bp −$90 | 35.4 bp −$3,545 | 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 | −0.1326% | 8h | 186.88 | +0.278% | $25.2M | $31.9M | 20x | as long as short |
| edgeX SKHYUSDClong | −0.0401% | 4h | 186.36 | long leg | $562K | $291K | 10x | |
| Popdex SKHYUSDT | −0.0192% | 1h | 186.24 | −0.066% | $197K | $275K | 20x | as long as short |
| Nado SKHY-PERP | −0.0190% | 1h | 186.31 | −0.026% | $33K | $28K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0179% | 1h | 186.37 | +0.004% | $158.5M | $75.1M | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0167% | 1h | 186.27 | −0.049% | $180K | $487K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0139% | 1h | 186.23 | −0.072% | $48K | $21K | 20x | as long as short |
| Lighter SKHY | −0.0104% | 1h | 186.13 | −0.125% | $953K | $1.2M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 187.75 | +0.745% | $63K | $901K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0072% | 1h | 186.17 | −0.103% | $49K | $343K | 10x | as long as short |
Bitget SKHYUSDT
Popdex SKHYUSDT
Nado SKHY-PERP
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
Kraken Futures PF_SKHYUSD
Lighter SKHY
Coinbase International SKHY-PERP-INTX
Deribit SKHY_USDC-PERPETUALShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX SKHY-USD | −0.0049% | 1h | 186.22 | −0.076% | $1.2M | $4.2M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.0047% | 1h | 186.42 | +0.031% | $514K | $2.6M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.38 | +0.010% | $225K | $919K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.15 | −0.113% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.27 | −0.051% | $198.7M | $440.6M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.28 | −0.044% | $15.9M | $28.9M | 100x | as long as short |
| OKX SKHY-USDT-SWAPshort | 0.0000% | 8h | 186.20 | −0.087% | $44.4M | $77.6M | 50x | |
| Gate SKHY_USDT | 0.0000% | 8h | 186.23 | −0.071% | $25.5M | $20.6M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.16 | −0.107% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.52 | +0.083% | $22K | $230K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.42 | +0.031% | $682 | $6.1M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.08 | −0.151% | $154K | $367K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.24 | −0.066% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.16 | −0.108% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.31 | −0.028% | $60K | $168K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.99 | +0.337% | — | $25K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.20 | −0.087% | $41K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0056% | 8h | 186.29 | −0.039% | $1.1M | $325K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.16 | −0.108% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.22 | −0.076% | $2.1M | $421K | 50x | as long as short |
| Phoenix SKHY | +0.0213% | 1h | 186.52 | +0.085% | $209K | $115K | 10x | as long as short |
QFEX SKHY-USD
Ondo Perps SKHY-USD.P
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
SoDEX SKHY-USD
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY