Funding you earn now, next payment 03:00 UTC+0.0002%/8h= +0.2% APRnext payment +$0.00 per $10,000 · paid last 24h −0.007%
Price spread now: tradeXYZ against Popdex−0.083%7-day average −0.029% · 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−$36as in the Price arb table
costs, in and out, $10k−$300.305% of the position
Funding, last 4 days (all we have)−0.030%−$3 on $10k
+Price spread, last 4 days (all we have)−0.069%−$7 · spread now −0.083%, 7d avg −0.029%
=Together, before fees−0.099%+ Points / potential airdroptradeXYZ: Active · 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: tradeXYZ is 0.054% cheaper against Popdex than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.029%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex SKHYUSDT | 192.70 | 0.0048 | pay 0.0006% / 1h | 24m 51s | $199K | $256K | 20x |
| Short | tradeXYZ xyz:SKHY | 192.54 | 0.0050 | get 0.0006% / 1h | 24m 51s | $161.1M | $67.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $0.42
- Price spread: −0.083% → −0.029%
- −$5.42
- Slippage, 4 orders
- −$6.06
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$35.46
- Costs to cover
- 0.305%
- Break-even
- 598.0 days
Slippage from Popdex: live order book, 39 min ago; tradeXYZ: live order book, 4 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, 39 min ago | 1.04 bp | 4.6 bp −$5 | 8.5 bp −$85 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 4 min ago | 0.78 bp | 9.8 bp −$10 | 10.9 bp −$109 | 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 | −0.0894% | 4h | 192.62 | −0.042% | $581K | $289K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0032% | 1h | 192.90 | +0.104% | $45K | $874K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 192.65 | −0.026% | $248K | $890K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 192.61 | −0.045% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 192.68 | −0.010% | $206.1M | $389.8M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 192.71 | +0.005% | $15.7M | $27.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 192.73 | +0.016% | $46.6M | $69.3M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 192.66 | −0.021% | $25.8M | $19.0M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 192.70 | −0.002% | $1.6M | $1.2M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 192.68 | −0.010% | $23K | $195K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 192.94 | +0.125% | $706 | $6.4M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 192.63 | −0.036% | $160K | $368K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 192.62 | −0.042% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0004% | 1h | 192.67 | −0.016% | $1.2M | $4.3M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.48 | −0.114% | $1.0M | $688K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.50 | −0.104% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 192.70 | 0.000% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 192.69 | −0.005% | — | $11K | 10x | as long as short |
| Popdex SKHYUSDTlong | +0.0048% | 1h | 192.70 | long leg | $199K | $256K | 20x | |
| tradeXYZ xyz:SKHYshort | +0.0050% | 1h | 192.54 | −0.083% | $161.1M | $67.2M | 10x | |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 192.61 | −0.047% | $188K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 192.63 | −0.036% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 192.65 | −0.026% | $584K | $2.2M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0062% | 1h | 192.60 | −0.052% | $49K | $295K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 192.65 | −0.026% | $1.1M | $290K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 192.68 | −0.010% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 192.59 | −0.057% | $2.2M | $445K | 50x | as long as short |
| Bitget SKHYUSDT | +0.0135% | 8h | 192.75 | +0.026% | $25.4M | $26.7M | 20x | as long as short |
| Nado SKHY-PERP | +0.0167% | 1h | 192.74 | +0.022% | $38K | $26K | 10x | as long as short |
| Phoenix SKHY | +0.0332% | 1h | 192.88 | +0.093% | $216K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0547% | 1h | 192.76 | +0.033% | $51K | $17K | 20x | as long as short |
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
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 SKHY
Lighter RH SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Deribit SKHY_USDC-PERPETUAL
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Bitget SKHYUSDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD