Funding you earn now, next payment 05:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h −0.002%
Price spread now: QFEX against Gate+0.126%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$380.382% of the position
Funding, last 4 days (all we have)−0.005%−$1 on $10k
+Price spread, last 7 days−0.103%−$10 · spread now +0.126%, 7d avg −0.008%
=Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and QFEX is 0.134% dearer against Gate than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.008%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SKHY_USDT | 190.60 | 0 | get 0.0000% / 8h | 3h 49m | $25.7M | $19.2M | 75x |
| Short | QFEX SKHY-USD | 190.84 | 0.0011 | get 0.0001% / 1h | 49m 02s | $1.2M | $4.0M | 10x |
Gate SKHY_USDT
QFEX SKHY-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- $2.3
- Price spread: +0.126% → −0.008%
- $13.35
- Slippage, 4 orders
- −$13.24
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$22.58
- Costs to cover
- 0.382%
- Break-even
- 75.7 days
Slippage from Gate: live order book, 5 min ago; QFEX: 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 Gate live order book, 5 min ago | 1.30 bp | 11.4 bp −$11 | 24.4 bp −$244 | 31.8 bp −$3,185 | 56.9 bp −$28.4K |
| Sell QFEX live order book, 4 min ago | 1.83 bp | 6.8 bp −$7 | 8.8 bp −$88 | 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 | −0.0312% | 4h | 191.61 | +0.532% | $578K | $290K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 192.84 | +1.175% | $45K | $861K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0020% | 1h | 190.54 | −0.031% | $159.3M | $68.7M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 190.77 | +0.088% | $248K | $891K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 190.81 | +0.109% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 190.65 | +0.026% | $200.7M | $400.4M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 190.61 | +0.005% | $15.4M | $28.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 190.58 | −0.010% | $46.0M | $72.2M | 50x | as long as short |
| Gate SKHY_USDTlong | 0.0000% | 8h | 190.60 | long leg | $25.7M | $19.2M | 75x | |
| Bitget SKHYUSDT | 0.0000% | 8h | 190.84 | +0.126% | $24.4M | $28.0M | 20x | as long as short |
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
tradeXYZ xyz:SKHY
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Bitget SKHYUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKHY | 0.0000% | 8h | 191.43 | +0.436% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 191.64 | +0.546% | $22K | $209K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 191.16 | +0.294% | $700 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 190.70 | +0.052% | $159K | $370K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 190.77 | +0.089% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USDshort | +0.0011% | 1h | 190.84 | +0.126% | $1.2M | $4.0M | 10x | |
| Lighter SKHY | +0.0032% | 1h | 190.61 | +0.005% | $1.0M | $691K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 190.55 | −0.026% | $1.1M | $1.4M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 191.29 | +0.362% | $59K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 190.87 | +0.142% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 190.86 | +0.136% | $201K | $257K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 190.75 | +0.079% | $182K | $460K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 190.72 | +0.063% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 190.84 | +0.126% | $549K | $2.5M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 190.82 | +0.115% | $1.1M | $322K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 190.84 | +0.126% | $2K | $4K | 10x | as long as short |
| Nado SKHY-PERP | +0.0116% | 1h | 190.83 | +0.119% | $34K | $28K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 190.70 | +0.052% | $2.2M | $435K | 50x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0327% | 1h | 190.87 | +0.142% | $48K | $325K | 10x | as long as short |
| Phoenix SKHY | +0.0375% | 1h | 191.05 | +0.236% | $214K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0686% | 1h | 190.87 | +0.140% | $48K | $19K | 20x | as long as short |
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
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
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
Nado SKHY-PERP
BloFin SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
Phoenix SKHY
Kraken Futures PF_SKHYUSD