Funding you earn now, next payment 08:00 UTC−0.1271%/8h= −139.2% APRnext payment −$12.71 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against SunX−0.021%7-day average −0.134% · you buy dearer than you sell
Net, funding: paid 7d − costs−$133as in the Funding arb table
Net, price: spread back to 7d avg − costs−$126as in the Price arb table
costs, in and out, $10k−$1371.369% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)−0.103%−$10 · spread now −0.021%, 7d avg −0.134%
=The price spread pays, funding is against you. Bitget is 0.113% dearer against SunX than usual: you sell high and buy low (spread −0.021% now, against its 7-day average of −0.134%): +$11 on $10k if it goes back. Holding the pair costs −$38 a day in funding at the current rate, which eats that in about 7 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.036% in total (about 1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$12.71 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SKHY-USDT | 186.68 | 0 | get 0.0000% / 8h | 1h 30m | $683 | $6.1M | 10x |
| Short | Bitget SKHYUSDT | 186.64 | −0.1271 | pay 0.1271% / 8h | 1h 30m | $25.0M | $31.7M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against SunX. 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
- −$266.91
- Price spread: −0.021% → −0.134%
- $11.28
- Slippage, 4 orders
- −$116.95
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$392.58
- Costs to cover
- 1.369%
- Break-even
- never at this rate
Slippage from SunX: live order book, 8 min ago; Bitget: live order book, 3 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 SunX live order book, 8 min ago | 29.49 bp | 47.9 bp −$48 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 0.27 bp | 7.9 bp −$8 | 17.2 bp −$172 | 38.5 bp −$3,854 | 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 SKHYUSDTshort | −0.1271% | 8h | 186.64 | −0.021% | $25.0M | $31.7M | 20x | |
| edgeX SKHYUSDC | −0.0899% | 4h | 186.43 | −0.134% | $562K | $291K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0232% | 1h | 186.56 | −0.064% | $49K | $342K | 10x | as long as short |
| Popdex SKHYUSDT | −0.0208% | 1h | 186.42 | −0.139% | $196K | $275K | 20x | as long as short |
| Nado SKHY-PERP | −0.0202% | 1h | 186.54 | −0.072% | $33K | $28K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0197% | 1h | 186.45 | −0.123% | $158.4M | $74.7M | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0189% | 1h | 186.36 | −0.171% | $180K | $487K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0139% | 1h | 186.54 | −0.074% | $47K | $19K | 20x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 187.75 | +0.573% | $63K | $902K | 10x | as long as short |
| Lighter SKHY | −0.0096% | 1h | 186.40 | −0.150% | $953K | $1.1M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps SKHY-USD.P | −0.0065% | 1h | 186.33 | −0.187% | $514K | $2.6M | 10x | as long as short |
| QFEX SKHY-USD | −0.0049% | 1h | 186.42 | −0.139% | $1.2M | $4.2M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.57 | −0.059% | $226K | $918K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.31 | −0.200% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.50 | −0.096% | $199.1M | $439.9M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.49 | −0.102% | $15.9M | $29.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.50 | −0.096% | $44.5M | $77.6M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.38 | −0.161% | $25.5M | $20.5M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.43 | −0.133% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.36 | −0.171% | $22K | $228K | 10x | as long as short |
| SunX SKHY-USDTlong | 0.0000% | 8h | 186.68 | long leg | $683 | $6.1M | 10x | |
| HTX SKHY-USDT | 0.0000% | 8h | 186.38 | −0.161% | $155K | $367K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.49 | −0.102% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.46 | −0.118% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.34 | −0.182% | $59K | $166K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.51 | −0.091% | — | $24K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.47 | −0.112% | $41K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0087% | 8h | 186.46 | −0.118% | $1.1M | $328K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.52 | −0.086% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.47 | −0.112% | $2.2M | $420K | 50x | as long as short |
| Phoenix SKHY | +0.0213% | 1h | 186.61 | −0.037% | $209K | $115K | 10x | as long as short |
SunX SKHY-USDT
Bitget SKHYUSDT
edgeX SKHYUSDC
Deribit SKHY_USDC-PERPETUAL
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
Kraken Futures PF_SKHYUSD
Coinbase International SKHY-PERP-INTX
Lighter SKHY
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter RH SKHY
SoDEX SKHY-USD
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Phoenix SKHY