Funding you earn now, next payment 10:00 UTC−0.0090%/8h= −9.9% APRnext payment −$0.11 per $10,000 · paid last 24h −0.016%
Price spread now: Coinbase International against SoDEX−0.122%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Coinbase International is 0.122% cheaper against SoDEX than usual: you would sell low and buy high (−$12 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX SKHY-USD | 187.88 | 0.0050 | pay 0.0006% / 1h | 45m 49s | $41K | $12K | 10x |
| Short | Coinbase International SKHY-PERP-INTX | 187.65 | −0.0040 | pay 0.0005% / 1h | 45m 49s | $110K | $768K | 10x |
SoDEX SKHY-USD
Coinbase International SKHY-PERP-INTXFunding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International against SoDEX. 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
- −$18.9
- Price spread: −0.122% → 0.000%
- −$12.24
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$49.14
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: SoDEX: no order-book sample; Coinbase International: live order book, 65 min ago. Net counts fees only.
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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Coinbase International live order book, 65 min ago | 8.60 bp | 13.6 bp −$14 | 21.4 bp −$214 | doesn't fit | doesn't fit |
SoDEX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
SKHY on 31 exchanges
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 | −0.0559% | 8h | 187.82 | −0.032% | $26.1M | $36.4M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0495% | 1h | 187.82 | −0.032% | $39K | $471K | 10x | as long as short |
| edgeX SKHYUSDC | −0.0493% | 4h | 188.17 | +0.156% | $567K | $286K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0267% | 1h | 187.47 | −0.216% | $51K | $37K | 20x | as long as short |
| KuCoin SKHYUSDTM | −0.0113% | 8h | 187.94 | +0.032% | $1.1M | $476K | 20x | as long as short |
| Nado SKHY-PERP | −0.0105% | 1h | 188.11 | +0.124% | $33K | $28K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0075% | 1h | 187.77 | −0.059% | $158.6M | $78.1M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTXshort | −0.0040% | 1h | 187.65 | −0.122% | $110K | $768K | 10x | |
| QFEX SKHY-USD | −0.0013% | 1h | 187.84 | −0.021% | $1.2M | $4.3M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 187.95 | +0.036% | $264K | $913K | 50x | as long as short |
Bitget SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
edgeX SKHYUSDC
Kraken Futures PF_SKHYUSD
KuCoin SKHYUSDTM
Nado SKHY-PERP
tradeXYZ xyz:SKHY
QFEX SKHY-USD
Aster SKHYUSDTShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SKHY-USD | 0.0000% | 1h | 187.73 | −0.077% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 187.80 | −0.043% | $198.2M | $473.5M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 187.72 | −0.085% | $16.5M | $34.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 187.75 | −0.069% | $44.5M | $85.6M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 187.72 | −0.085% | $25.3M | $21.7M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 188.18 | +0.158% | $1.5M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.31 | +0.228% | $23K | $247K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 188.24 | +0.192% | $689 | $5.5M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 187.80 | −0.043% | $155K | $376K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 187.87 | −0.005% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0024% | 1h | 187.71 | −0.090% | $987K | $1.3M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 187.68 | −0.106% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 187.89 | +0.005% | $60K | $131K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.01 | +0.069% | — | $39K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 187.91 | +0.016% | $203K | $309K | 20x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 188.22 | +0.181% | $525K | $2.5M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 187.90 | +0.011% | $182K | $353K | 10x | as long as short |
| SoDEX SKHY-USDlong | +0.0050% | 1h | 187.88 | long leg | $41K | $12K | 10x | |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 187.89 | +0.005% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 188.06 | +0.096% | $2.2M | $481K | 50x | as long as short |
| Phoenix SKHY | +0.0255% | 1h | 188.46 | +0.309% | $211K | $123K | 10x | as long as short |
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
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Ondo Perps SKHY-USD.P
Polymarket Perps SKHY-USD
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY