Funding you earn now, next payment 06:00 UTC−0.0105%/8h= −11.5% APRnext payment −$0.13 per $10,000 · paid last 24h +0.009%
Price spread now: tradeXYZ against QFEX+0.075%49s7-day average −0.009% · 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—prices read too far apart to compare
costs, in and out, $10k−$340.337% of the position
Funding, last 4 days (all we have)+0.025%+$2 on $10k
+Price spread, last 7 days−0.097%−$10 · spread now +0.075%, 7d avg −0.009%
=Together, before fees−0.073%+ Points / potential airdroptradeXYZ: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.084% dearer against QFEX than usual: you sell high and buy low (spread +0.075% now, against its 7-day average of −0.009%): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.7 days. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX SKHY-USD | 187.87 | −0.0014 | get 0.0002% / 1h | 7m 45s | $1.2M | $4.1M | 10x |
| Short | tradeXYZ xyz:SKHY | 188.01 | −0.0119 | pay 0.0015% / 1h | 7m 45s | $159.5M | $74.1M | 10x |
QFEX SKHY-USD
tradeXYZ xyz:SKHYFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$22.11
- Price spread: +0.075% → −0.009%
- $8.38
- Slippage, 4 orders
- −$5.69
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$47.43
- Costs to cover
- 0.337%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 6 min ago; tradeXYZ: live order book, 12 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, 6 min ago | 1.87 bp | 6.9 bp −$7 | 8.4 bp −$84 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 12 min ago | 0.27 bp | 10.2 bp −$10 | 11.6 bp −$116 | 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 | −0.1192% | 8h | 188.02 | +0.080% | $25.2M | $31.4M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0388% | 1h | 187.92 | +0.027% | $48K | $336K | 10x | as long as short |
| edgeX SKHYUSDC | −0.0375% | 4h | 187.52 | −0.185% | $565K | $290K | 10x | as long as short |
| Nado SKHY-PERP | −0.0146% | 1h | 188.00 | +0.071% | $33K | $28K | 10x | as long as short |
| tradeXYZ xyz:SKHYshort | −0.0119% | 1h | 188.01 | +0.075% | $159.5M | $74.1M | 10x | |
| Polymarket Perps SKHY-USD | −0.0095% | 1h | 187.78 | −0.048% | $181K | $487K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0024% | 1h | 187.32 | −0.293% | $61K | $897K | 10x | as long as short |
| QFEX SKHY-USDlong | −0.0014% | 1h | 187.87 | long leg | $1.2M | $4.1M | 10x | |
| Ondo Perps SKHY-USD.P | −0.0010% | 1h | 187.65 | −0.117% | $516K | $2.6M | 10x | as long as short |
| Lighter SKHY | −0.0008% | 1h | 188.01 | +0.075% | $931K | $1.1M | 10x | as long as short |
Bitget SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
edgeX SKHYUSDC
Nado SKHY-PERP
Polymarket Perps SKHY-USD
Coinbase International SKHY-PERP-INTX
Ondo Perps SKHY-USD.P
Lighter SKHYShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYUSDT | 0.0000% | 8h | 188.07 | +0.106% | $229K | $916K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 187.89 | +0.008% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 188.04 | +0.092% | $201.7M | $434.3M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 188.00 | +0.069% | $15.9M | $30.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 188.03 | +0.085% | $44.8M | $77.6M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 187.96 | +0.048% | $25.3M | $20.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 187.51 | −0.190% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 187.67 | −0.109% | $22K | $223K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 188.10 | +0.122% | $688 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 187.71 | −0.085% | $156K | $371K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 187.88 | +0.005% | $1.5M | $1.1M | 10x | as long as short |
| Popdex SKHYUSDT | +0.0024% | 1h | 187.93 | +0.032% | $197K | $273K | 20x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 187.96 | +0.048% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 187.52 | −0.186% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 187.94 | +0.037% | — | $12K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 187.80 | −0.037% | $41K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 187.90 | +0.016% | $1.1M | $323K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 187.91 | +0.021% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 187.68 | −0.101% | $2.1M | $416K | 50x | as long as short |
| Phoenix SKHY | +0.0254% | 1h | 188.02 | +0.080% | $211K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0260% | 1h | 187.95 | +0.040% | $47K | $19K | 20x | as long as short |
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
Popdex SKHYUSDT
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
SoDEX SKHY-USD
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD