Funding you earn now, next payment 08:00 UTC+0.1210%/8h= +132.5% APRnext payment +$12.10 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Bitget−0.170%7-day average −0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$360.355% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 4 days (all we have)+0.116%+$12 · spread now −0.170%, 7d avg −0.033%
=Funding pays, the price is against you. HTX is 0.137% cheaper against Bitget than usual: you would sell low and buy high (spread −0.170% now, against its 7-day average of −0.033%). If the spread goes back, that is −$14 on $10k: about 9 hours of funding at the current rate (+$36 a day).
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 +$12.10 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 | Bitget SKHYUSDT | 187.82 | −0.1210 | get 0.1210% / 8h | 2h 09m | $25.1M | $31.3M | 20x |
| Short | HTX SKHY-USDT | 187.50 | 0 | get 0.0000% / 8h | 2h 09m | $155K | $371K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Bitget. 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
- $254.1
- Price spread: −0.170% → −0.033%
- −$13.7
- Slippage, 4 orders
- −$11.51
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $204.88
- Costs to cover
- 0.355%
- Break-even
- 1.4 days
Slippage from Bitget: live order book, 4 min ago; HTX: live order book, 38 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 Bitget live order book, 4 min ago | 0.27 bp | 8.8 bp −$9 | 16.0 bp −$160 | 22.9 bp −$2,293 | 43.7 bp −$21.8K |
| Sell HTX live order book, 38 min ago | 2.92 bp | 8.9 bp −$9 | 10.7 bp −$107 | 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 SKHYUSDTlong | −0.1210% | 8h | 187.82 | long leg | $25.1M | $31.3M | 20x | |
| edgeX SKHYUSDC | −0.0332% | 4h | 187.06 | −0.405% | $564K | $290K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0229% | 1h | 187.62 | −0.106% | $48K | $336K | 10x | as long as short |
| Nado SKHY-PERP | −0.0146% | 1h | 187.70 | −0.063% | $33K | $28K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0117% | 1h | 187.80 | −0.011% | $159.4M | $74.1M | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0093% | 1h | 187.55 | −0.144% | $181K | $487K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0024% | 1h | 187.32 | −0.266% | $61K | $897K | 10x | as long as short |
| QFEX SKHY-USD | −0.0014% | 1h | 187.56 | −0.138% | $1.2M | $4.1M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.0010% | 1h | 187.65 | −0.091% | $516K | $2.6M | 10x | as long as short |
| Lighter SKHY | −0.0008% | 1h | 187.77 | −0.027% | $930K | $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 | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYUSDT | 0.0000% | 8h | 187.88 | +0.033% | $229K | $916K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 187.73 | −0.049% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 187.83 | +0.005% | $201.5M | $433.7M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 187.89 | +0.037% | $15.9M | $30.2M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 187.87 | +0.027% | $44.7M | $77.4M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 187.83 | +0.005% | $25.3M | $20.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 187.51 | −0.164% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.93 | −0.474% | $22K | $223K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 187.85 | +0.016% | $688 | $6.2M | 10x | as long as short |
| HTX SKHY-USDTshort | 0.0000% | 8h | 187.50 | −0.170% | $155K | $371K | 50x | |
| Phemex SKHYUSDT | 0.0000% | 8h | 187.66 | −0.085% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 187.78 | −0.021% | $1.1M | $1.6M | 10x | as long as short |
| Popdex SKHYUSDT | +0.0032% | 1h | 187.62 | −0.106% | $196K | $273K | 20x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 187.27 | −0.293% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 187.66 | −0.085% | — | $12K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 187.52 | −0.160% | $41K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 187.81 | −0.005% | $1.1M | $322K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 187.64 | −0.096% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 187.63 | −0.101% | $2.1M | $416K | 50x | as long as short |
| Phoenix SKHY | +0.0254% | 1h | 187.27 | −0.293% | $210K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0261% | 1h | 187.68 | −0.073% | $47K | $19K | 20x | as long as short |
Bitget SKHYUSDT
HTX SKHY-USDT
edgeX SKHYUSDC
Deribit SKHY_USDC-PERPETUAL
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
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
SunX SKHY-USDT
Phemex SKHYUSDT
Lighter RH SKHY
Popdex SKHYUSDT
SoDEX SKHY-USD
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD