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 OKX+0.021%7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$4as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$250.247% of the position
Funding, last 7 days+0.207%+$21 on $10k
+Price spread, last 4 days (all we have)+0.015%+$1 · spread now +0.021%, 7d avg +0.011%
=The price spread sits at its 7-day average of +0.011%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX SKHY-USDT-SWAP | 186.15 | 0 | get 0.0000% / 8h | 4m 38s | $44.4M | $80.1M | 50x |
| Short | BloFin SKHY-USDT | 186.19 | 0.0120 | get 0.0120% / 8h | 4m 38s | $2.2M | $426K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against OKX. 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: +0.021% → +0.011%
- $1.09
- Slippage, 4 orders
- −$2.71
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $1.58
- Costs to cover
- 0.247%
- Break-even
- 6.6 days
Slippage from OKX: live order book, 4 min ago; BloFin: 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 OKX live order book, 4 min ago | 0.27 bp | 6.1 bp −$6 | 7.8 bp −$78 | 48.0 bp −$4,804 | doesn't fit |
| Sell BloFin live order book, 3 min ago | 0.27 bp | 6.3 bp −$6 | 8.3 bp −$83 | 15.3 bp −$1,530 | 40.0 bp −$20.0K |
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 | −0.1247% | 8h | 186.40 | +0.134% | $25.5M | $33.5M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0562% | 4h | 186.21 | +0.032% | $561K | $290K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0266% | 1h | 186.44 | +0.155% | $48K | $21K | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.0125% | 1h | 186.15 | 0.000% | $158.0M | $76.8M | 10x | as long as short |
| Nado SKHY-PERP | −0.0114% | 1h | 186.27 | +0.062% | $33K | $28K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 187.58 | +0.768% | $68K | $791K | 10x | as long as short |
| QFEX SKHY-USD | −0.0061% | 1h | 186.19 | +0.021% | $1.2M | $4.3M | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0059% | 8h | 186.16 | +0.005% | $1.1M | $351K | 20x | as long as short |
| Polymarket Perps SKHY-USD | −0.0037% | 1h | 186.17 | +0.011% | $180K | $486K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.29 | +0.076% | $225K | $899K | 50x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SKHY-USD | 0.0000% | 1h | 186.11 | −0.019% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.18 | +0.016% | $199.7M | $453.2M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.17 | +0.011% | $16.0M | $30.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAPlong | 0.0000% | 8h | 186.15 | long leg | $44.4M | $80.1M | 50x | |
| Gate SKHY_USDT | 0.0000% | 8h | 186.14 | −0.005% | $25.5M | $21.2M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.18 | +0.016% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.23 | +0.041% | $22K | $239K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.48 | +0.177% | $683 | $6.0M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 186.28 | +0.070% | $49K | $348K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.14 | −0.005% | $154K | $363K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.19 | +0.021% | $1.5M | $1.1M | 10x | as long as short |
| Popdex SKHYUSDT | +0.0008% | 1h | 186.18 | +0.016% | $204K | $287K | 20x | as long as short |
| Lighter SKHY | +0.0016% | 1h | 186.14 | −0.005% | $972K | $1.2M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.10 | −0.027% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.16 | +0.005% | $60K | $171K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.19 | +0.021% | — | $32K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.20 | +0.027% | $41K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 186.21 | +0.032% | $520K | $2.6M | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.26 | +0.059% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDTshort | +0.0120% | 8h | 186.19 | +0.021% | $2.2M | $426K | 50x | |
| Phoenix SKHY | +0.0129% | 1h | 186.40 | +0.134% | $209K | $123K | 10x | as long as short |
OKX SKHY-USDT-SWAP
BloFin SKHY-USDT
Bitget SKHYUSDT
edgeX SKHYUSDC
Kraken Futures PF_SKHYUSD
tradeXYZ xyz:SKHY
Coinbase International SKHY-PERP-INTX
KuCoin SKHYUSDTM
Polymarket Perps SKHY-USD
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Popdex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
SoDEX SKHY-USD
Phoenix SKHY