Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Gate against Phemex0.000%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$114as in the Funding arb table
Net, price: spread back to 7d avg − costs−$112as in the Price arb table
costs, in and out, $10k−$1141.143% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 3 days (all we have)−0.005%−$1 · spread now 0.000%, 7d avg −0.021%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.021% dearer against Phemex than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SKHYUSDT | 188.99 | 0 | get 0.0000% / 8h | 1h 06m | $1.5M | $1.1M | 10x |
| Short | Gate SKHY_USDT | 188.99 | 0 | get 0.0000% / 8h | 1h 06m | $26.0M | $17.9M | 75x |
Phemex SKHYUSDT
Gate SKHY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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: 0.000% → −0.021%
- $2.13
- Slippage, 4 orders
- −$87.26
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$112.13
- Costs to cover
- 1.143%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 1 min ago; Gate: live order book, 2 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, 1 min ago | 2.12 bp | 42.6 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 2 min ago | 1.32 bp | 11.7 bp −$12 | 22.1 bp −$221 | 63.6 bp −$6,362 | 118.9 bp −$59.4K |
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 | −0.0365% | 4h | 188.96 | −0.017% | $570K | $289K | 10x | as long as short |
| Nado SKHY-PERP | −0.0043% | 1h | 188.99 | −0.001% | $28K | $2K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0031% | 8h | 188.85 | −0.074% | $1.1M | $303K | 20x | as long as short |
| QFEX SKHY-USD | −0.0001% | 1h | 188.97 | −0.011% | $1.2M | $5.2M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 188.97 | −0.010% | $250K | $902K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 188.95 | −0.023% | $55K | $4K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 189.00 | +0.004% | $211.8M | $379.2M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 189.02 | +0.016% | $15.8M | $26.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 189.02 | +0.016% | $46.9M | $60.7M | 50x | as long as short |
| Gate SKHY_USDTshort | 0.0000% | 8h | 188.99 | 0.000% | $26.0M | $17.9M | 75x |
edgeX SKHYUSDC
Nado SKHY-PERP
KuCoin SKHYUSDTM
QFEX SKHY-USD
Aster SKHYUSDT
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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDT | 0.0000% | 8h | 189.00 | +0.005% | $25.6M | $25.2M | 20x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 188.97 | −0.011% | $1.5M | $2.5M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 189.09 | +0.053% | $22K | $214K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.20 | +0.111% | $692 | $7.3M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 188.96 | −0.016% | $45K | $237K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 188.93 | −0.032% | $155K | $400K | 50x | as long as short |
| Phemex SKHYUSDTlong | 0.0000% | 8h | 188.99 | long leg | $1.5M | $1.1M | 10x | |
| Lighter SKHY | +0.0032% | 1h | 188.95 | −0.021% | $1.0M | $717K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 188.88 | −0.058% | $1.1M | $1.4M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 188.99 | 0.000% | $56K | $156K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.96 | −0.016% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 189.02 | +0.016% | $202K | $241K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 188.95 | −0.021% | $164.6M | $64.9M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 188.90 | −0.048% | $186K | $923K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 188.97 | −0.011% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 189.06 | +0.037% | $542K | $996K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 188.98 | −0.005% | $2K | $5K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 188.91 | −0.042% | $2.2M | $431K | 50x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0240% | 1h | 188.78 | −0.111% | $168K | $685K | 10x | as long as short |
| Phoenix SKHY | +0.0297% | 1h | 189.19 | +0.106% | $213K | $128K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0871% | 1h | 189.09 | +0.052% | $50K | $24K | 20x | as long as short |
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
tradeXYZ xyz:SKHY
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