Funding you earn now, next payment 11:00 UTC+0.0091%/8h= +10.0% APRnext payment +$0.11 per $10,000 · paid last 24h +0.014%
Price spread now: SoDEX against tradeXYZ−0.037%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
=Funding pays, the price is against you. SoDEX is 0.037% cheaper against tradeXYZ than usual: you would sell low and buy high (spread −0.037% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 33 hours of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:SKHY | 187.82 | −0.0041 | get 0.0005% / 1h | 42m 14s | $158.6M | $78.1M | 10x |
| Short | SoDEX SKHY-USD | 187.75 | 0.0050 | get 0.0006% / 1h | 42m 14s | $41K | $12K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX against tradeXYZ. 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
- $19.14
- Price spread: −0.037% → 0.000%
- −$3.73
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$10.59
- Costs to cover
- 0.260%
- Break-even
- 10.9 days
Slippage unknown: tradeXYZ: live order book, 11 min ago; SoDEX: no order-book sample. 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 tradeXYZ live order book, 11 min ago | 0.27 bp | 10.1 bp −$10 | 12.2 bp −$122 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0781% | 4h | 187.75 | −0.040% | $566K | $287K | 10x | as long as short |
| Bitget SKHYUSDT | −0.0533% | 8h | 187.88 | +0.032% | $26.1M | $36.5M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0282% | 1h | 187.77 | −0.027% | $42K | $477K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0267% | 1h | 187.41 | −0.219% | $51K | $36K | 20x | as long as short |
| KuCoin SKHYUSDTM | −0.0117% | 8h | 187.85 | +0.016% | $1.1M | $479K | 20x | as long as short |
| Nado SKHY-PERP | −0.0077% | 1h | 187.91 | +0.050% | $32K | $28K | 10x | as long as short |
| tradeXYZ xyz:SKHYlong | −0.0041% | 1h | 187.82 | long leg | $158.6M | $78.1M | 10x | |
| Coinbase International SKHY-PERP-INTX | −0.0040% | 1h | 187.65 | −0.091% | $110K | $768K | 10x | as long as short |
| QFEX SKHY-USD | −0.0013% | 1h | 187.81 | −0.005% | $1.2M | $4.3M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 188.03 | +0.110% | $263K | $913K | 50x | as long as short |
Show all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SKHY-USD | 0.0000% | 1h | 187.81 | −0.005% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 187.89 | +0.039% | $198.1M | $473.6M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 187.89 | +0.037% | $16.5M | $34.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 187.87 | +0.027% | $44.5M | $85.7M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 187.77 | −0.027% | $25.4M | $21.7M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 187.84 | +0.009% | $1.5M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.11 | +0.154% | $23K | $247K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 188.14 | +0.170% | $689 | $5.5M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 187.83 | +0.005% | $156K | $376K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 187.83 | +0.005% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 187.75 | −0.037% | $987K | $1.3M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 187.73 | −0.048% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 187.84 | +0.011% | $60K | $131K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 187.85 | +0.016% | — | $39K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 187.87 | +0.027% | $203K | $308K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 187.86 | +0.021% | $182K | $353K | 10x | as long as short |
| SoDEX SKHY-USDshort | +0.0050% | 1h | 187.75 | −0.037% | $41K | $12K | 10x | |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 187.59 | −0.122% | $525K | $2.5M | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 187.82 | 0.000% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 187.83 | +0.005% | $2.2M | $483K | 50x | as long as short |
| Phoenix SKHY | +0.0255% | 1h | 188.03 | +0.112% | $211K | $123K | 10x | as long as short |
tradeXYZ xyz:SKHY
SoDEX SKHY-USD
edgeX SKHYUSDC
Bitget SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
Kraken Futures PF_SKHYUSD
KuCoin SKHYUSDTM
Coinbase International SKHY-PERP-INTX
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
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
BloFin SKHY-USDT
Phoenix SKHY