Funding you earn now, next payment 08:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Gate−0.005%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$14as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$370.370% of the position
Funding, last 7 days+0.231%+$23 on $10k
+Price spread, last 3 days (all we have)+0.050%+$5 · spread now −0.005%, 7d avg +0.028%
=Funding pays, the price is against you. BloFin is 0.033% cheaper against Gate than usual: you would sell low and buy high (spread −0.005% now, against its 7-day average of +0.028%). If the spread goes back, that is −$3 on $10k: about 22 hours of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SKHY_USDT | 192.89 | 0 | get 0.0000% / 8h | 7h 28m | $25.9M | $18.2M | 75x |
| Short | BloFin SKHY-USDT | 192.88 | 0.0120 | get 0.0120% / 8h | 7h 28m | $2.2M | $426K | 50x |
Gate SKHY_USDT
BloFin SKHY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $25.2
- Price spread: −0.005% → +0.028%
- −$3.3
- Slippage, 4 orders
- −$10.02
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$15.13
- Costs to cover
- 0.370%
- Break-even
- 11.2 days
Slippage from Gate: live order book, 5 min ago; BloFin: 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 Gate live order book, 5 min ago | 0.26 bp | 12.7 bp −$13 | 21.9 bp −$219 | 27.2 bp −$2,720 | 53.9 bp −$26.9K |
| Sell BloFin live order book, 5 min ago | 0.52 bp | 6.5 bp −$7 | 8.1 bp −$81 | 22.3 bp −$2,231 | 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 | −0.0393% | 4h | 192.47 | −0.218% | $580K | $291K | 10x | as long as short |
| Nado SKHY-PERP | −0.0006% | 1h | 192.91 | +0.011% | $29K | $2K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 192.74 | −0.076% | $248K | $921K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 192.91 | +0.010% | $56K | $6K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 192.99 | +0.052% | $212.4M | $381.7M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.06 | +0.088% | $15.7M | $27.1M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.08 | +0.099% | $47.0M | $67.3M | 50x | as long as short |
| Gate SKHY_USDTlong | 0.0000% | 8h | 192.89 | long leg | $25.9M | $18.2M | 75x | |
| Variational Omni SKHY | 0.0000% | 8h | 192.49 | −0.210% | $1.6M | $2.3M | — | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 193.11 | +0.114% | $707 | $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
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-USDT | 0.0000% | 8h | 192.71 | −0.093% | $160K | $386K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 192.88 | −0.005% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0005% | 1h | 192.89 | 0.000% | $1.2M | $4.9M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.85 | −0.021% | $1.0M | $666K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.82 | −0.036% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 192.65 | −0.124% | $57K | $153K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 192.91 | +0.010% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 192.96 | +0.036% | $197K | $256K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 192.94 | +0.026% | $190K | $454K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 192.79 | −0.052% | $552K | $1.7M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0061% | 1h | 192.83 | −0.031% | $47K | $267K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0071% | 1h | 192.67 | −0.114% | $43K | $13K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0088% | 1h | 192.17 | −0.373% | $117K | $803K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 192.85 | −0.021% | $1.1M | $275K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 192.79 | −0.052% | $2K | $4K | 10x | as long as short |
| tradeXYZ xyz:SKHY | +0.0103% | 1h | 192.87 | −0.010% | $165.6M | $64.0M | 10x | as long as short |
| BloFin SKHY-USDTshort | +0.0120% | 8h | 192.88 | −0.005% | $2.2M | $426K | 50x | |
| Bitget SKHYUSDT | +0.0131% | 8h | 192.84 | −0.026% | $25.6M | $26.5M | 20x | as long as short |
| Phoenix SKHY | +0.0335% | 1h | 192.76 | −0.067% | $217K | $120K | 10x | as long as short |
| GRVT SKHY_USDT_Perp | +0.0378% | 8h | 192.50 | −0.205% | $22K | $197K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0709% | 1h | 192.90 | +0.005% | $51K | $25K | 20x | as long as short |
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
Ondo Perps SKHY-USD.P
Deribit SKHY_USDC-PERPETUAL
SoDEX SKHY-USD
Coinbase International SKHY-PERP-INTX
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
tradeXYZ xyz:SKHY
Bitget SKHYUSDT
Phoenix SKHY
GRVT SKHY_USDT_Perp
Kraken Futures PF_SKHYUSD