Funding you earn now, next payment 10:00 UTC+0.0012%/8h= +1.3% APRpaid last 24h +0.002%
Price spread now: tradeXYZ against Gate+0.011%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$420.419% of the position
Funding, last 7 days−0.037%−$4 on $10k
+Price spread, last 7 days−0.026%−$3 · spread now +0.011%, 7d avg −0.017%
=Together, before fees−0.063%+ Points / potential airdroptradeXYZ: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and tradeXYZ is 0.028% dearer against Gate than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.017%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SKHY_USDT | 186.76 | 0 | get 0.0000% / 8h | 6h 09m | $25.2M | $21.8M | 75x |
| Short | tradeXYZ xyz:SKHY | 186.78 | 0.0012 | get 0.0002% / 1h | 9m 48s | $158.0M | $77.2M | 10x |
Gate SKHY_USDT
tradeXYZ xyz:SKHYFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $2.58
- Price spread: +0.011% → −0.017%
- $2.79
- Slippage, 4 orders
- −$8.92
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$36.55
- Costs to cover
- 0.419%
- Break-even
- 106.2 days
Slippage from Gate: live order book, 2 min ago; tradeXYZ: live order book, 3 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, 2 min ago | 0.54 bp | 12.4 bp −$12 | 18.1 bp −$181 | 24.0 bp −$2,399 | 46.1 bp −$23.1K |
| Sell tradeXYZ live order book, 3 min ago | 0.27 bp | 9.3 bp −$9 | 10.0 bp −$100 | doesn't fit | doesn't fit |
SKHY on 31 exchanges
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 | −0.0686% | 8h | 186.85 | +0.048% | $25.8M | $35.8M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0232% | 1h | 186.75 | −0.005% | $24K | $440K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0132% | 8h | 186.78 | +0.011% | $1.1M | $449K | 20x | as long as short |
| edgeX SKHYUSDC | −0.0128% | 4h | 186.63 | −0.070% | $562K | $291K | 10x | as long as short |
| Nado SKHY-PERP | −0.0010% | 1h | 186.91 | +0.080% | $32K | $28K | 10x | as long as short |
| QFEX SKHY-USD | −0.0005% | 1h | 186.82 | +0.032% | $1.2M | $4.3M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.77 | +0.007% | $263K | $910K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.73 | −0.014% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.81 | +0.024% | $197.4M | $467.2M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.82 | +0.032% | $16.2M | $33.9M | 100x | as long as short |
Bitget SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
KuCoin SKHYUSDTM
edgeX SKHYUSDC
Nado SKHY-PERP
QFEX SKHY-USD
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDTShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.85 | +0.048% | $44.3M | $83.8M | 50x | as long as short |
| Gate SKHY_USDTlong | 0.0000% | 8h | 186.76 | long leg | $25.2M | $21.8M | 75x | |
| Variational Omni SKHY | 0.0000% | 8h | 186.84 | +0.044% | $1.5M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.84 | +0.043% | $22K | $251K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 187.10 | +0.182% | $685 | $5.6M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.75 | −0.005% | $155K | $375K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.82 | +0.032% | $1.5M | $1.1M | 10x | as long as short |
| tradeXYZ xyz:SKHYshort | +0.0012% | 1h | 186.78 | +0.011% | $158.0M | $77.2M | 10x | |
| Lighter SKHY | +0.0032% | 1h | 186.76 | 0.000% | $985K | $1.3M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.71 | −0.027% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.77 | +0.005% | $60K | $129K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.87 | +0.059% | — | $39K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 186.83 | +0.037% | $199K | $299K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 186.74 | −0.011% | $180K | $365K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.79 | +0.016% | $41K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 186.68 | −0.043% | $522K | $2.5M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0056% | 1h | 186.08 | −0.364% | $110K | $779K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.80 | +0.021% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.90 | +0.075% | $2.2M | $454K | 50x | as long as short |
| Phoenix SKHY | +0.0257% | 1h | 186.87 | +0.059% | $209K | $123K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0754% | 1h | 186.72 | −0.021% | $51K | $36K | 20x | as long as short |
OKX SKHY-USDT-SWAP
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
Coinbase International SKHY-PERP-INTX
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD