Funding you earn now, next payment 04:00 UTC+0.0048%/8h= +5.3% APRpaid last 24h +0.014%
Price spread now: Popdex against Binance+0.014%7-day average −0.002% · 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−$22as in the Price arb table
costs, in and out, $10k−$230.232% of the position
Funding, last 4 days (all we have)+0.023%+$2 on $10k
+Price spread, last 4 days (all we have)+0.104%+$10 · spread now +0.014%, 7d avg −0.002%
=The price spread sits at its 7-day average of −0.002%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SKHYUSDT | 192.70 | 0 | get 0.0000% / 8h | 4h 07m | $203.4M | $394.6M | 50x |
| Short | Popdex SKHYUSDT | 192.73 | 0.0048 | get 0.0006% / 1h | 7m 16s | $202K | $256K | 20x |
Binance SKHYUSDT
Popdex SKHYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex against Binance. 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
- $10.08
- Price spread: +0.014% → −0.002%
- $1.65
- Slippage, 4 orders
- −$6.78
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$11.46
- Costs to cover
- 0.232%
- Break-even
- 15.0 days
Slippage from Binance: live order book, 6 min ago; Popdex: live order book, 52 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 Binance live order book, 6 min ago | 0.26 bp | 6.1 bp −$6 | 8.6 bp −$86 | 20.6 bp −$2,058 | 102.8 bp −$51.4K |
| Sell Popdex live order book, 52 min ago | 1.55 bp | 5.7 bp −$6 | 7.9 bp −$79 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0671% | 4h | 192.99 | +0.151% | $582K | $290K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0048% | 1h | 192.84 | +0.072% | $45K | $861K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 192.73 | +0.014% | $248K | $889K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 192.64 | −0.030% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDTlong | 0.0000% | 8h | 192.70 | long leg | $203.4M | $394.6M | 50x | |
| Bybit SKHYUSDT | 0.0000% | 8h | 192.71 | +0.004% | $15.7M | $27.7M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 192.75 | +0.025% | $46.7M | $70.0M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 192.67 | −0.017% | $25.8M | $19.0M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 192.95 | +0.128% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 193.07 | +0.191% | $22K | $206K | 10x | as long as short |
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Aster SKHYUSDT
Extended SKHY-USD
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_PerpShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 193.05 | +0.181% | $707 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 192.66 | −0.022% | $161K | $369K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 192.78 | +0.040% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0015% | 1h | 192.73 | +0.014% | $1.2M | $3.9M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.62 | −0.043% | $1.0M | $704K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.61 | −0.048% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 192.94 | +0.123% | $60K | $161K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 192.76 | +0.030% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDTshort | +0.0048% | 1h | 192.73 | +0.014% | $202K | $256K | 20x | |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 192.64 | −0.032% | $161.1M | $67.8M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 192.66 | −0.022% | $188K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 192.76 | +0.030% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 192.78 | +0.040% | $577K | $2.4M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0061% | 1h | 192.71 | +0.004% | $49K | $323K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 192.72 | +0.009% | $1.1M | $318K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 192.71 | +0.004% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 192.71 | +0.004% | $2.3M | $437K | 50x | as long as short |
| Bitget SKHYUSDT | +0.0121% | 8h | 192.82 | +0.061% | $25.2M | $26.9M | 20x | as long as short |
| Nado SKHY-PERP | +0.0148% | 1h | 192.81 | +0.058% | $38K | $26K | 10x | as long as short |
| Phoenix SKHY | +0.0372% | 1h | 193.19 | +0.253% | $216K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.1060% | 1h | 192.74 | +0.019% | $49K | $19K | 20x | as long as short |
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Lighter SKHY
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
Deribit SKHY_USDC-PERPETUAL
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Bitget SKHYUSDT
Nado SKHY-PERP
Phoenix SKHY
Kraken Futures PF_SKHYUSD