Funding you earn now, next payment 22:00 UTC+0.0003%/8h= +0.3% APRpaid last 24h +0.010%
Price spread now: Bitget against QFEX+0.011%7-day average +0.035% · 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−$35as in the Price arb table
costs, in and out, $10k−$330.327% of the position
Funding, last 3 days (all we have)+0.012%+$1 on $10k
+Price spread, last 7 days+0.011%+$1 · spread now +0.011%, 7d avg +0.035%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.024% cheaper against QFEX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.035%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX SKHY-USD | 188.42 | −0.0003 | get 0.0000% / 1h | 4m 18s | $1.2M | $5.2M | 10x |
| Short | Bitget SKHYUSDT | 188.44 | 0 | get 0.0000% / 8h | 2h 04m | $25.3M | $25.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against QFEX. 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
- $0.59
- Price spread: +0.011% → +0.035%
- −$2.45
- Slippage, 4 orders
- −$10.75
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$34.6
- Costs to cover
- 0.327%
- Break-even
- 419.0 days
Slippage from QFEX: live order book, 9 min ago; Bitget: 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 QFEX live order book, 9 min ago | 1.33 bp | 6.3 bp −$6 | 7.4 bp −$74 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 0.26 bp | 10.0 bp −$10 | 18.1 bp −$181 | 26.4 bp −$2,641 | 44.8 bp −$22.4K |
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 | −0.0107% | 4h | 188.38 | −0.020% | $568K | $289K | 10x | as long as short |
| Nado SKHY-PERP | −0.0071% | 1h | 188.46 | +0.019% | $28K | $2K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0053% | 8h | 188.39 | −0.016% | $1.1M | $316K | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.0011% | 1h | 188.41 | −0.005% | $164.2M | $64.8M | 10x | as long as short |
| QFEX SKHY-USDlong | −0.0003% | 1h | 188.42 | long leg | $1.2M | $5.2M | 10x | |
| Aster SKHYUSDT | 0.0000% | 8h | 188.42 | −0.001% | $250K | $901K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 188.45 | +0.014% | $55K | $4K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 188.48 | +0.032% | $211.1M | $378.7M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 188.50 | +0.042% | $15.8M | $26.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 188.46 | +0.021% | $46.8M | $60.6M | 50x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SKHY_USDT | 0.0000% | 8h | 188.44 | +0.011% | $26.0M | $17.9M | 75x | as long as short |
| Bitget SKHYUSDTshort | 0.0000% | 8h | 188.44 | +0.011% | $25.3M | $25.0M | 20x | |
| Variational Omni SKHY | 0.0000% | 8h | 188.38 | −0.023% | $1.5M | $2.5M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.38 | −0.021% | $22K | $221K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 188.75 | +0.175% | $691 | $7.4M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 188.51 | +0.048% | $45K | $226K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 188.43 | +0.005% | $154K | $399K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 188.48 | +0.032% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 188.43 | +0.005% | $1.0M | $714K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 188.37 | −0.027% | $1.1M | $1.4M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 188.44 | +0.011% | $55K | $157K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.41 | −0.005% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 188.49 | +0.037% | $202K | $241K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 188.35 | −0.037% | $186K | $923K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 188.42 | 0.000% | $42K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 188.32 | −0.053% | $523K | $909K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 188.45 | +0.016% | $2K | $5K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 188.40 | −0.011% | $2.2M | $432K | 50x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0184% | 1h | 188.65 | +0.122% | $168K | $677K | 10x | as long as short |
| Phoenix SKHY | +0.0297% | 1h | 188.52 | +0.053% | $213K | $128K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0615% | 1h | 188.62 | +0.104% | $50K | $24K | 20x | as long as short |
Bitget SKHYUSDT
edgeX SKHYUSDC
KuCoin SKHYUSDTM
tradeXYZ xyz:SKHY
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
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
BloFin SKHY-USDT
Coinbase International SKHY-PERP-INTX
Phoenix SKHY
Kraken Futures PF_SKHYUSD