Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.011%
Price spread now: Aster against Phemex−0.048%7-day average +0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$120as in the Funding arb table
Net, price: spread back to 7d avg − costs−$123as in the Price arb table
costs, in and out, $10k−$1181.180% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 3 days (all we have)+0.123%+$12 · spread now −0.048%, 7d avg +0.007%
=Together, before fees+0.104%+ Points / potential airdropAster: Stage 5 · farm board+$10 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.055% cheaper against Phemex than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.007%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SKHYUSDT | 188.55 | 0 | get 0.0000% / 8h | 2h 00m | $1.5M | $1.1M | 10x |
| Short | Aster SKHYUSDT | 188.46 | 0 | get 0.0000% / 8h | 2h 00m | $250K | $901K | 50x |
Phemex SKHYUSDT
Aster SKHYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Phemex. 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
- $0
- Price spread: −0.048% → +0.007%
- −$5.49
- Slippage, 4 orders
- −$97.99
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$123.48
- Costs to cover
- 1.180%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 3 min ago; Aster: live order book, 22 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 Phemex live order book, 3 min ago | 6.37 bp | 46.4 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 22 min ago | 1.06 bp | 7.5 bp −$7 | 124.2 bp −$1,242 | 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 | −0.0226% | 4h | 188.48 | −0.039% | $568K | $291K | 10x | as long as short |
| Nado SKHY-PERP | −0.0071% | 1h | 188.47 | −0.041% | $28K | $2K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0045% | 8h | 188.41 | −0.074% | $1.1M | $317K | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.0009% | 1h | 188.44 | −0.058% | $164.2M | $64.9M | 10x | as long as short |
| QFEX SKHY-USD | −0.0003% | 1h | 188.50 | −0.027% | $1.2M | $5.2M | 10x | as long as short |
| Aster SKHYUSDTshort | 0.0000% | 8h | 188.46 | −0.048% | $250K | $901K | 50x | |
| Extended SKHY-USD | 0.0000% | 1h | 188.47 | −0.043% | $55K | $4K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 188.49 | −0.031% | $211.0M | $378.7M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 188.50 | −0.027% | $15.8M | $26.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 188.51 | −0.021% | $46.8M | $60.6M | 50x | as long as short |
edgeX SKHYUSDC
Nado SKHY-PERP
KuCoin SKHYUSDTM
tradeXYZ xyz:SKHY
QFEX SKHY-USD
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SKHY_USDT | 0.0000% | 8h | 188.47 | −0.042% | $26.0M | $17.9M | 75x | as long as short |
| Bitget SKHYUSDT | 0.0000% | 8h | 188.48 | −0.037% | $25.3M | $25.0M | 20x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 188.49 | −0.033% | $1.5M | $2.5M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.42 | −0.070% | $22K | $221K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 188.76 | +0.111% | $691 | $7.4M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 188.53 | −0.011% | $45K | $226K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 188.44 | −0.058% | $154K | $400K | 50x | as long as short |
| Phemex SKHYUSDTlong | 0.0000% | 8h | 188.55 | long leg | $1.5M | $1.1M | 10x | |
| Lighter SKHY | +0.0032% | 1h | 188.43 | −0.064% | $1.0M | $714K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 188.38 | −0.090% | $1.1M | $1.4M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 188.46 | −0.048% | $56K | $157K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.49 | −0.032% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 188.50 | −0.027% | $202K | $241K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 188.34 | −0.111% | $186K | $923K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 188.50 | −0.027% | $42K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 188.37 | −0.095% | $524K | $909K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 188.49 | −0.032% | $2K | $5K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 188.47 | −0.042% | $2.2M | $432K | 50x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0184% | 1h | 188.65 | +0.053% | $168K | $677K | 10x | as long as short |
| Phoenix SKHY | +0.0297% | 1h | 188.67 | +0.064% | $213K | $128K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0615% | 1h | 188.53 | −0.010% | $50K | $24K | 20x | as long as short |
Gate SKHY_USDT
Bitget SKHYUSDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
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
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Coinbase International SKHY-PERP-INTX
Phoenix SKHY
Kraken Futures PF_SKHYUSD