Funding you earn now, next payment 06:00 UTC+0.0014%/8h= +1.6% APRpaid last 24h +0.001%
Price spread now: Gate against QFEX−0.016%7-day average +0.008% · 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−$43as in the Price arb table
costs, in and out, $10k−$400.402% of the position
Funding, last 4 days (all we have)+0.005%+$1 on $10k
+Price spread, last 7 days−0.005%$0 · spread now −0.016%, 7d avg +0.008%
=Funding pays, the price is against you. Gate is 0.024% cheaper against QFEX than usual: you would sell low and buy high (spread −0.016% now, against its 7-day average of +0.008%). If the spread goes back, that is −$2 on $10k: about 5.6 days of funding at the current rate ($0 a day). At the pace of the last 4 days (+0.005% in total) that is about 17 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX SKHY-USD | 186.15 | −0.0014 | get 0.0002% / 1h | 27m 18s | $1.2M | $4.1M | 10x |
| Short | Gate SKHY_USDT | 186.12 | 0 | get 0.0000% / 8h | 2h 27m | $25.1M | $20.4M | 75x |
QFEX SKHY-USD
Gate SKHY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $2.97
- Price spread: −0.016% → +0.008%
- −$2.39
- Slippage, 4 orders
- −$15.19
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$39.61
- Costs to cover
- 0.402%
- Break-even
- 100.3 days
Slippage from QFEX: live order book, 11 min ago; Gate: live order book, 1 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, 11 min ago | 1.60 bp | 6.6 bp −$7 | 8.5 bp −$85 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 1.08 bp | 11.6 bp −$12 | 33.4 bp −$334 | 53.7 bp −$5,368 | 91.6 bp −$45.8K |
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 | −0.1026% | 8h | 186.36 | +0.113% | $24.7M | $30.5M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0341% | 1h | 186.16 | +0.005% | $48K | $335K | 10x | as long as short |
| edgeX SKHYUSDC | −0.0305% | 4h | 186.80 | +0.347% | $563K | $289K | 10x | as long as short |
| Nado SKHY-PERP | −0.0104% | 1h | 186.21 | +0.033% | $33K | $28K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0080% | 1h | 186.13 | −0.011% | $157.3M | $73.1M | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0062% | 1h | 186.06 | −0.048% | $180K | $487K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0024% | 1h | 186.71 | +0.301% | $47K | $875K | 10x | as long as short |
| Lighter SKHY | −0.0016% | 1h | 186.29 | +0.075% | $914K | $969K | 10x | as long as short |
| QFEX SKHY-USDlong | −0.0014% | 1h | 186.15 | long leg | $1.2M | $4.1M | 10x | |
| Aster SKHYUSDT | 0.0000% | 8h | 186.38 | +0.124% | $228K | $910K | 50x | as long as short |
Bitget SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
edgeX SKHYUSDC
Nado SKHY-PERP
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
Coinbase International SKHY-PERP-INTX
Lighter SKHY
Aster SKHYUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SKHY-USD | 0.0000% | 1h | 186.14 | −0.007% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.32 | +0.091% | $198.4M | $425.8M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.35 | +0.107% | $15.6M | $29.9M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.37 | +0.118% | $44.1M | $75.4M | 50x | as long as short |
| Gate SKHY_USDTshort | 0.0000% | 8h | 186.12 | −0.016% | $25.1M | $20.4M | 75x | |
| Variational Omni SKHY | 0.0000% | 8h | 186.65 | +0.266% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.54 | +0.210% | $22K | $220K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.58 | +0.231% | $683 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.19 | +0.021% | $154K | $371K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.34 | +0.102% | $1.5M | $1.1M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0024% | 1h | 186.07 | −0.043% | $515K | $2.6M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.22 | +0.038% | $1.0M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.49 | +0.183% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.26 | +0.059% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 186.20 | +0.027% | $192K | $271K | 20x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.26 | +0.059% | $41K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 186.28 | +0.070% | $1.1M | $319K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.18 | +0.016% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.29 | +0.075% | $2.2M | $408K | 50x | as long as short |
| Phoenix SKHY | +0.0254% | 1h | 187.06 | +0.489% | $210K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0263% | 1h | 186.21 | +0.032% | $47K | $19K | 20x | as long as short |
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Ondo Perps SKHY-USD.P
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
SoDEX SKHY-USD
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD