Funding you earn now, next payment 04:00 UTC−0.1000%/8h= −109.5% APRpaid last 24h −0.061%
Price spread now: edgeX against BloFin+0.004%7-day average −0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs+$22as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$250.249% of the position
Funding, last 7 days+0.469%+$47 on $10k
+Price spread, last 3 days (all we have)−0.028%−$3 · spread now +0.004%, 7d avg −0.018%
=Together, before fees+0.441%+ Points / potential airdropedgeX: Active · farm board+$44 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.023% dearer against BloFin than usual: you sell high and buy low (spread +0.004% now, against its 7-day average of −0.018%): +$2 on $10k if it goes back. Holding the pair costs −$30 a day in funding at the current rate, which eats that in about 2 hours. Mind the row above: over the last 7 days funding on this pair paid +0.469%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.469% in total (about 24.4% a year). A funding rate is set anew for every payment. 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 | BloFin SKHY-USDT | 193.19 | 0.0120 | pay 0.0120% / 8h | 7h 00m | $2.2M | $446K | 50x |
| Short | edgeX SKHYUSDC | 193.20 | −0.0880 | pay 0.0440% / 4h | 3h 00m | $582K | $291K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against BloFin. 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
- −$209.95
- Price spread: +0.004% → −0.018%
- $2.26
- Slippage, 4 orders
- −$3.89
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$232.59
- Costs to cover
- 0.249%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 2 min ago; edgeX: live order book, 8 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 BloFin live order book, 2 min ago | 0.26 bp | 6.8 bp −$7 | 8.2 bp −$82 | 15.6 bp −$1,564 | 40.7 bp −$20.3K |
| Sell edgeX live order book, 8 min ago | 1.03 bp | 5.8 bp −$6 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDCshort | −0.0880% | 4h | 193.20 | +0.004% | $582K | $291K | 10x | |
| Nado SKHY-PERP | −0.0023% | 1h | 193.33 | +0.071% | $44K | $20K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.21 | +0.012% | $249K | $890K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.25 | +0.031% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.30 | +0.059% | $211.5M | $385.1M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.35 | +0.083% | $15.7M | $27.1M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.39 | +0.104% | $47.0M | $68.7M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.26 | +0.036% | $25.8M | $18.9M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.13 | −0.030% | $1.7M | $2.3M | — | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 193.45 | +0.135% | $708 | $6.7M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 193.10 | −0.047% | $48K | $270K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 193.10 | −0.047% | $160K | $376K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.14 | −0.026% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0005% | 1h | 193.27 | +0.041% | $1.2M | $4.9M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 193.26 | +0.036% | $1.0M | $699K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 193.19 | 0.000% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 193.25 | +0.031% | $57K | $153K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.29 | +0.052% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.33 | +0.072% | $197K | $258K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 193.28 | +0.047% | $163.6M | $66.7M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 193.22 | +0.016% | $190K | $454K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 193.13 | −0.031% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 193.39 | +0.104% | $541K | $1.7M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0088% | 1h | 193.24 | +0.026% | $54K | $870K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 193.31 | +0.062% | $1.1M | $279K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.10 | −0.047% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDTlong | +0.0120% | 8h | 193.19 | long leg | $2.2M | $446K | 50x | |
| Phoenix SKHY | +0.0335% | 1h | 193.41 | +0.114% | $218K | $120K | 10x | as long as short |
| GRVT SKHY_USDT_Perp | +0.0406% | 8h | 193.39 | +0.104% | $23K | $192K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0427% | 8h | 193.24 | +0.026% | $25.6M | $26.9M | 20x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0708% | 1h | 193.15 | −0.022% | $51K | $17K | 20x | as long as short |
BloFin SKHY-USDT
edgeX SKHYUSDC
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Coinbase International SKHY-PERP-INTX
KuCoin SKHYUSDTM
Phoenix SKHY
GRVT SKHY_USDT_Perp
Bitget SKHYUSDT
Kraken Futures PF_SKHYUSD