Funding you earn now, next payment 05:00 UTC−0.0638%/8h= −69.8% APRpaid last 24h −0.162%
Price spread now: edgeX against QFEX+0.117%7-day average +0.011% · 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−$14as in the Price arb table
costs, in and out, $10k−$250.245% of the position
Funding, last 4 days (all we have)+0.308%+$31 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now +0.117%, 7d avg +0.011%
=Together, before fees+0.370%+ Points / potential airdropedgeX: Active · farm board+$37 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.107% dearer against QFEX than usual: you sell high and buy low (spread +0.117% now, against its 7-day average of +0.011%): +$11 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 13 hours. Mind the row above: over the last 4 days funding on this pair paid +0.308%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX SKHY-USD | 189.47 | 0.0011 | pay 0.0001% / 1h | 18m 53s | $1.2M | $4.1M | 10x |
| Short | edgeX SKHYUSDC | 189.69 | −0.0627 | pay 0.0313% / 4h | 3h 18m | $572K | $291K | 10x |
QFEX SKHY-USD
edgeX SKHYUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$133.93
- Price spread: +0.117% → +0.011%
- $10.67
- Slippage, 4 orders
- −$5.53
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$147.79
- Costs to cover
- 0.245%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 5 min ago; edgeX: live order book, 35 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, 5 min ago | 1.32 bp | 6.3 bp −$6 | 9.0 bp −$90 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 35 min ago | 1.04 bp | 5.9 bp −$6 | 11.1 bp −$111 | 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 SKHYUSDCshort | −0.0627% | 4h | 189.69 | +0.117% | $572K | $291K | 10x | |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 189.86 | +0.206% | $36K | $876K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0019% | 1h | 189.24 | −0.121% | $158.6M | $69.7M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 189.36 | −0.059% | $245K | $894K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 189.29 | −0.096% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 189.29 | −0.095% | $199.6M | $409.0M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 189.28 | −0.100% | $15.4M | $28.8M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 189.20 | −0.143% | $44.9M | $73.3M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 189.27 | −0.106% | $25.3M | $19.8M | 75x | as long as short |
| Bitget SKHYUSDT | 0.0000% | 8h | 189.45 | −0.011% | $24.2M | $29.1M | 20x | as long as short |
Coinbase International SKHY-PERP-INTX
tradeXYZ xyz:SKHY
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Bitget SKHYUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKHY | 0.0000% | 8h | 189.71 | +0.128% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 189.69 | +0.114% | $22K | $216K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.76 | +0.153% | $695 | $6.2M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 189.47 | 0.000% | $48K | $328K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 189.40 | −0.037% | $158K | $369K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 189.45 | −0.011% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USDlong | +0.0011% | 1h | 189.47 | long leg | $1.2M | $4.1M | 10x | |
| Lighter SKHY | +0.0024% | 1h | 189.27 | −0.106% | $998K | $717K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 189.36 | −0.058% | $1.0M | $1.5M | 10x | as long as short |
| Nado SKHY-PERP | +0.0033% | 1h | 189.53 | +0.033% | $33K | $28K | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 189.56 | +0.048% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 189.53 | +0.032% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 189.51 | +0.021% | $200K | $257K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 189.38 | −0.048% | $183K | $470K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 189.43 | −0.021% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 189.62 | +0.079% | $528K | $2.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 189.41 | −0.032% | $1.1M | $315K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 189.46 | −0.005% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 189.45 | −0.011% | $2.2M | $436K | 50x | as long as short |
| Phoenix SKHY | +0.0375% | 1h | 189.58 | +0.058% | $212K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0691% | 1h | 189.53 | +0.032% | $48K | $19K | 20x | as long as short |
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Nado SKHY-PERP
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD