Funding you earn now, next payment 08:00 UTC−0.0061%/8h= −6.6% APRpaid last 24h −0.002%
Price spread now: QFEX against GRVT+0.061%7-day average −0.032% · 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−$18as in the Price arb table
costs, in and out, $10k−$270.269% of the position
Funding, last 4 days (all we have)−0.023%−$2 on $10k
+Price spread, last 4 days (all we have)−0.852%−$85 · spread now +0.061%, 7d avg −0.032%
=Together, before fees−0.875%+ Points / potential airdropGRVT: Active · farm board−$87 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.093% dearer against GRVT than usual: you sell high and buy low (spread +0.061% now, against its 7-day average of −0.032%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.1 days. At the pace of the last 4 days (−0.023% in total) that is about 15 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT SKHY_USDT_Perp | 186.21 | 0 | get 0.0000% / 8h | 50m 54s | $22K | $232K | 10x |
| Short | QFEX SKHY-USD | 186.32 | −0.0061 | pay 0.0008% / 1h | 50m 54s | $1.2M | $4.3M | 10x |
GRVT SKHY_USDT_Perp
QFEX SKHY-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX 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
- −$12.75
- Price spread: +0.061% → −0.032%
- $9.3
- Slippage, 4 orders
- −$7.86
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$30.31
- Costs to cover
- 0.269%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 52 min ago; QFEX: live order book, 8 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, 52 min ago | 1.07 bp | 6.1 bp −$6 | 10.8 bp −$108 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 8 min ago | 1.35 bp | 6.4 bp −$6 | 9.6 bp −$96 | 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 | −0.1379% | 8h | 186.61 | +0.217% | $25.4M | $32.8M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0889% | 4h | 186.25 | +0.021% | $561K | $290K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0501% | 1h | 186.34 | +0.072% | $49K | $346K | 10x | as long as short |
| Popdex SKHYUSDT | −0.0336% | 1h | 186.30 | +0.050% | $204K | $287K | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.0319% | 1h | 186.36 | +0.083% | $158.4M | $76.8M | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0266% | 1h | 186.44 | +0.123% | $48K | $21K | 20x | as long as short |
| Nado SKHY-PERP | −0.0237% | 1h | 186.53 | +0.174% | $33K | $28K | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0226% | 1h | 186.20 | −0.003% | $180K | $487K | 10x | as long as short |
| Lighter SKHY | −0.0104% | 1h | 186.28 | +0.040% | $974K | $1.2M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 187.58 | +0.738% | $68K | $905K | 10x | as long as short |
Bitget SKHYUSDT
edgeX SKHYUSDC
Deribit SKHY_USDC-PERPETUAL
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Kraken Futures PF_SKHYUSD
Nado SKHY-PERP
Polymarket Perps SKHY-USD
Lighter SKHY
Coinbase International SKHY-PERP-INTXShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX SKHY-USDshort | −0.0061% | 1h | 186.32 | +0.061% | $1.2M | $4.3M | 10x | |
| Ondo Perps SKHY-USD.P | −0.0056% | 1h | 186.19 | −0.009% | $520K | $2.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0014% | 8h | 186.25 | +0.023% | $1.1M | $325K | 20x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.48 | +0.144% | $224K | $925K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.33 | +0.067% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.37 | +0.088% | $200.3M | $449.9M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.35 | +0.077% | $16.7M | $29.6M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.36 | +0.083% | $44.4M | $79.0M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.34 | +0.072% | $25.5M | $20.9M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.25 | +0.023% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perplong | 0.0000% | 8h | 186.21 | long leg | $22K | $232K | 10x | |
| SunX SKHY-USDT | 0.0000% | 8h | 186.58 | +0.201% | $683 | $6.1M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.28 | +0.040% | $155K | $363K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.30 | +0.050% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.24 | +0.018% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.17 | −0.019% | $60K | $171K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.37 | +0.088% | — | $32K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.30 | +0.050% | $41K | $12K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.32 | +0.061% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.32 | +0.061% | $2.2M | $423K | 50x | as long as short |
| Phoenix SKHY | +0.0129% | 1h | 186.38 | +0.093% | $209K | $123K | 10x | as long as short |
Ondo Perps SKHY-USD.P
KuCoin SKHYUSDTM
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
Arcus SKHY-USD
Vest SKHY-USD-PERP
SoDEX SKHY-USD
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY