Funding you earn now, next payment 07:00 UTC−0.0152%/8h= −16.6% APRpaid last 24h +0.014%
Price spread now: Popdex against GRVT−0.028%7-day average −0.016% · 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−$27as in the Price arb table
costs, in and out, $10k−$260.256% of the position
Funding, last 4 days (all we have)+0.033%+$3 on $10k
+Price spread, last 4 days (all we have)−0.048%−$5 · spread now −0.028%, 7d avg −0.016%
=Together, before fees−0.014%+ Points / potential airdropGRVT: Active · farm board−$1 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT SKHY_USDT_Perp | 186.65 | 0 | get 0.0000% / 8h | 1h 41m | $22K | $228K | 10x |
| Short | Popdex SKHYUSDT | 186.60 | −0.0152 | pay 0.0019% / 1h | 41m 04s | $197K | $274K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex against GRVT. 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
- −$31.92
- Price spread: −0.028% → −0.016%
- −$1.18
- Slippage, 4 orders
- −$10.24
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$58.74
- Costs to cover
- 0.256%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 1 min ago; Popdex: 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 GRVT live order book, 1 min ago | 1.07 bp | 6.1 bp −$6 | 10.8 bp −$108 | doesn't fit | doesn't fit |
| Sell Popdex live order book, 3 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 | −0.1134% | 8h | 186.75 | +0.053% | $25.0M | $31.7M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0246% | 4h | 187.00 | +0.186% | $564K | $292K | 10x | as long as short |
| Nado SKHY-PERP | −0.0186% | 1h | 186.76 | +0.059% | $33K | $28K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0183% | 1h | 186.58 | −0.038% | $158.3M | $74.3M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0178% | 1h | 186.64 | −0.006% | $48K | $340K | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0172% | 1h | 186.52 | −0.070% | $180K | $487K | 10x | as long as short |
| Popdex SKHYUSDTshort | −0.0152% | 1h | 186.60 | −0.028% | $197K | $274K | 20x | |
| Lighter SKHY | −0.0144% | 1h | 186.56 | −0.049% | $962K | $1.1M | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0139% | 1h | 186.77 | +0.061% | $47K | $19K | 20x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 187.75 | +0.589% | $63K | $902K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX SKHY-USD | −0.0049% | 1h | 186.64 | −0.006% | $1.2M | $4.1M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.0037% | 1h | 186.48 | −0.092% | $514K | $2.6M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.75 | +0.054% | $226K | $916K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.51 | −0.076% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.57 | −0.044% | $199.3M | $438.1M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.59 | −0.033% | $15.8M | $29.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.58 | −0.038% | $44.6M | $77.4M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.56 | −0.049% | $25.2M | $20.2M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.90 | +0.134% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perplong | 0.0000% | 8h | 186.65 | long leg | $22K | $228K | 10x | |
| SunX SKHY-USDT | 0.0000% | 8h | 186.83 | +0.096% | $684 | $6.1M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.48 | −0.092% | $155K | $367K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.62 | −0.017% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.53 | −0.065% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.78 | +0.069% | $58K | $165K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.73 | +0.042% | — | $24K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.62 | −0.017% | $41K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 186.72 | +0.037% | $1.1M | $328K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.52 | −0.070% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.59 | −0.033% | $2.2M | $419K | 50x | as long as short |
| Phoenix SKHY | +0.0213% | 1h | 187.04 | +0.208% | $210K | $115K | 10x | as long as short |
GRVT SKHY_USDT_Perp
Popdex SKHYUSDT
Bitget SKHYUSDT
edgeX SKHYUSDC
tradeXYZ xyz:SKHY
Deribit SKHY_USDC-PERPETUAL
Polymarket Perps SKHY-USD
Lighter SKHY
Kraken Futures PF_SKHYUSD
Coinbase International SKHY-PERP-INTX
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter RH SKHY
SoDEX SKHY-USD
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Phoenix SKHY