Funding you earn now, next payment 10:00 UTC−0.0048%/8h= −5.3% APRpaid last 24h −0.010%
Price spread now: HTX against Popdex−0.059%7-day average −0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$290.286% of the position
Funding, last 4 days (all we have)−0.047%−$5 on $10k
+Price spread, last 4 days (all we have)−0.266%−$27 · spread now −0.059%, 7d avg −0.034%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and HTX is 0.025% cheaper against Popdex than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.034%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex SKHYUSDT | 186.65 | 0.0048 | pay 0.0006% / 1h | 56m 24s | $202K | $299K | 20x |
| Short | HTX SKHY-USDT | 186.54 | 0 | get 0.0000% / 8h | 6h 56m | $155K | $377K | 50x |
Popdex SKHYUSDT
HTX SKHY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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: −0.059% → −0.034%
- −$2.48
- Slippage, 4 orders
- −$10.17
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$41.13
- Costs to cover
- 0.286%
- Break-even
- never at this rate
Slippage from Popdex: live order book, 37 min ago; HTX: live order book, 37 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, 37 min ago | 0.81 bp | 5.2 bp −$5 | 10.9 bp −$109 | doesn't fit | doesn't fit |
| Sell HTX live order book, 37 min ago | 1.36 bp | 11.2 bp −$11 | 21.7 bp −$217 | 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 | −0.0984% | 8h | 186.67 | +0.011% | $25.7M | $35.4M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0405% | 4h | 186.37 | −0.150% | $562K | $289K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0182% | 8h | 186.60 | −0.027% | $1.1M | $401K | 20x | as long as short |
| QFEX SKHY-USD | −0.0005% | 1h | 186.60 | −0.027% | $1.2M | $4.3M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.58 | −0.037% | $266K | $949K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.57 | −0.044% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.61 | −0.021% | $197.6M | $468.4M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.60 | −0.027% | $16.0M | $33.5M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.56 | −0.048% | $44.3M | $83.1M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.59 | −0.032% | $25.6M | $21.3M | 75x | as long as short |
Bitget SKHYUSDT
edgeX SKHYUSDC
KuCoin SKHYUSDTM
QFEX SKHY-USD
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKHY | 0.0000% | 8h | 186.05 | −0.321% | $1.5M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.06 | −0.317% | $22K | $247K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.89 | +0.129% | $684 | $5.7M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 186.54 | −0.059% | $47K | $355K | 10x | as long as short |
| HTX SKHY-USDTshort | 0.0000% | 8h | 186.54 | −0.059% | $155K | $377K | 50x | |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.61 | −0.021% | $1.5M | $1.1M | 10x | as long as short |
| Nado SKHY-PERP | +0.0027% | 1h | 186.68 | +0.014% | $32K | $28K | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 186.62 | −0.016% | $993K | $1.3M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.62 | −0.016% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.60 | −0.027% | $60K | $173K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.58 | −0.038% | — | $39K | 10x | as long as short |
| Popdex SKHYUSDTlong | +0.0048% | 1h | 186.65 | long leg | $202K | $299K | 20x | |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 186.60 | −0.027% | $158.0M | $78.4M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 186.61 | −0.021% | $180K | $451K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 186.48 | −0.091% | $516K | $2.6M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0056% | 1h | 186.08 | −0.305% | $110K | $887K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.59 | −0.032% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.57 | −0.043% | $2.1M | $461K | 50x | as long as short |
| Phoenix SKHY | +0.0215% | 1h | 186.25 | −0.214% | $209K | $123K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0271% | 1h | 186.53 | −0.064% | $41K | $12K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0755% | 1h | 186.66 | +0.007% | $48K | $20K | 20x | as long as short |
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
Phemex SKHYUSDT
Nado SKHY-PERP
Lighter SKHY
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
Ondo Perps SKHY-USD.P
Coinbase International SKHY-PERP-INTX
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
SoDEX SKHY-USD
Kraken Futures PF_SKHYUSD