Funding you earn now, next payment 06:00 UTC+0.0048%/8h= +5.3% APRnext payment +$0.06 per $10,000 · paid last 24h −0.010%
Price spread now: Coinbase International against Popdex+0.616%7-day average +0.110% · 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+$17as in the Price arb table
costs, in and out, $10k−$340.337% of the position
Funding, last 4 days (all we have)−0.045%−$4 on $10k
+Price spread, last 4 days (all we have)−0.712%−$71 · spread now +0.616%, 7d avg +0.110%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Coinbase International is 0.506% dearer against Popdex than usual: you sell high and buy low: +$51 more if the spread goes back to its 7-day average of +0.110%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex SKHYUSDT | 186.60 | −0.0152 | get 0.0019% / 1h | 40m 49s | $197K | $274K | 20x |
| Short | Coinbase International SKHY-PERP-INTX | 187.75 | −0.0104 | pay 0.0013% / 1h | 40m 49s | $63K | $902K | 10x |
Popdex SKHYUSDT
Coinbase International SKHY-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against Popdex. 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
- $10.08
- Price spread: +0.616% → +0.110%
- $50.59
- Slippage, 4 orders
- −$17.34
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- $26.93
- Costs to cover
- 0.337%
- Break-even
- from the start
Slippage from Popdex: live order book, 3 min ago; Coinbase International: 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 Popdex live order book, 3 min ago | 1.07 bp | 5.6 bp −$6 | 10.5 bp −$105 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 3 min ago | 5.89 bp | 10.9 bp −$11 | 19.1 bp −$191 | 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 | 186.82 | +0.118% | $25.0M | $31.7M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0246% | 4h | 187.00 | +0.214% | $564K | $292K | 10x | as long as short |
| Nado SKHY-PERP | −0.0186% | 1h | 186.76 | +0.086% | $33K | $28K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0182% | 1h | 186.73 | +0.070% | $158.5M | $74.3M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0178% | 1h | 186.64 | +0.021% | $48K | $340K | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0172% | 1h | 186.52 | −0.043% | $180K | $487K | 10x | as long as short |
| Popdex SKHYUSDTlong | −0.0152% | 1h | 186.60 | long leg | $197K | $274K | 20x | |
| Kraken Futures PF_SKHYUSD | −0.0139% | 1h | 186.77 | +0.089% | $47K | $19K | 20x | as long as short |
| Lighter SKHY | −0.0136% | 1h | 186.70 | +0.054% | $963K | $1.1M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTXshort | −0.0104% | 1h | 187.75 | +0.616% | $63K | $902K | 10x |
Bitget SKHYUSDT
edgeX SKHYUSDC
Nado SKHY-PERP
tradeXYZ xyz:SKHY
Deribit SKHY_USDC-PERPETUAL
Polymarket Perps SKHY-USD
Kraken Futures PF_SKHYUSD
Lighter SKHYShow 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 | +0.021% | $1.2M | $4.1M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.0037% | 1h | 186.48 | −0.064% | $514K | $2.6M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.90 | +0.160% | $227K | $916K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.54 | −0.033% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.80 | +0.107% | $199.5M | $438.1M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.80 | +0.107% | $15.8M | $29.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.79 | +0.102% | $44.6M | $77.5M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.56 | −0.021% | $25.2M | $20.2M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.53 | −0.036% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.65 | +0.028% | $22K | $228K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.83 | +0.123% | $684 | $6.1M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.48 | −0.064% | $155K | $367K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.62 | +0.011% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.62 | +0.011% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.78 | +0.096% | $58K | $165K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.73 | +0.070% | — | $24K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.62 | +0.011% | $41K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 186.73 | +0.070% | $1.1M | $328K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.52 | −0.043% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.59 | −0.005% | $2.2M | $419K | 50x | as long as short |
| Phoenix SKHY | +0.0213% | 1h | 187.04 | +0.236% | $210K | $115K | 10x | as long as short |
QFEX SKHY-USD
Ondo Perps SKHY-USD.P
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
SoDEX SKHY-USD
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY