Funding you earn now, next payment 08:00 UTC+0.0008%/8h= +0.9% APRpaid last 24h +0.011%
Price spread now: Popdex against Bybit+0.038%7-day average +0.004% · 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−$250.250% of the position
Funding, last 4 days (all we have)+0.015%+$2 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.038%, 7d avg +0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Popdex is 0.034% dearer against Bybit than usual: you sell high and buy low, +$3 on $10k if it goes back to its 7-day average of +0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit SKHYUSDT | 186.11 | 0 | get 0.0000% / 8h | 3m 59s | $15.9M | $30.6M | 100x |
| Short | Popdex SKHYUSDT | 186.18 | 0.0008 | get 0.0001% / 1h | 3m 59s | $204K | $287K | 20x |
Bybit SKHYUSDT
Popdex SKHYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Popdex against Bybit. 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
- $1.68
- Price spread: +0.038% → +0.004%
- $3.37
- Slippage, 4 orders
- −$7.6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Net
- −$19.95
- Costs to cover
- 0.250%
- Break-even
- 90.1 days
Slippage from Bybit: live order book, 5 min ago; Popdex: live order book, 35 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 Bybit live order book, 5 min ago | 0.54 bp | 7.4 bp −$7 | 13.2 bp −$132 | 94.9 bp −$9,489 | doesn't fit |
| Sell Popdex live order book, 35 min ago | 0.80 bp | 4.7 bp −$5 | 8.4 bp −$84 | 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 SKHYUSDT | −0.1247% | 8h | 186.37 | +0.140% | $25.5M | $33.5M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0562% | 4h | 186.21 | +0.053% | $561K | $290K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0266% | 1h | 186.55 | +0.236% | $48K | $21K | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0179% | 1h | 186.21 | +0.054% | $49K | $348K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0125% | 1h | 186.13 | +0.011% | $158.0M | $76.8M | 10x | as long as short |
| Nado SKHY-PERP | −0.0114% | 1h | 186.27 | +0.084% | $33K | $28K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 187.58 | +0.790% | $68K | $788K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0063% | 8h | 186.15 | +0.021% | $1.1M | $351K | 20x | as long as short |
| QFEX SKHY-USD | −0.0061% | 1h | 186.19 | +0.043% | $1.2M | $4.3M | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0037% | 1h | 186.11 | 0.000% | $180K | $486K | 10x | as long as short |
Bitget SKHYUSDT
edgeX SKHYUSDC
Kraken Futures PF_SKHYUSD
Deribit SKHY_USDC-PERPETUAL
tradeXYZ xyz:SKHY
Nado SKHY-PERP
Coinbase International SKHY-PERP-INTX
KuCoin SKHYUSDTM
QFEX SKHY-USD
Polymarket Perps SKHY-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYUSDT | 0.0000% | 8h | 186.27 | +0.085% | $225K | $899K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.08 | −0.017% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.13 | +0.008% | $199.6M | $453.3M | 50x | as long as short |
| Bybit SKHYUSDTlong | 0.0000% | 8h | 186.11 | long leg | $15.9M | $30.6M | 100x | |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.06 | −0.027% | $44.4M | $80.1M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.11 | 0.000% | $25.5M | $21.2M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.18 | +0.038% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.23 | +0.063% | $22K | $239K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.45 | +0.183% | $682 | $6.0M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.07 | −0.021% | $154K | $363K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.16 | +0.027% | $1.5M | $1.1M | 10x | as long as short |
| Popdex SKHYUSDTshort | +0.0008% | 1h | 186.18 | +0.038% | $204K | $287K | 20x | |
| Lighter SKHY | +0.0016% | 1h | 186.20 | +0.048% | $973K | $1.2M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.17 | +0.032% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.16 | +0.027% | $60K | $171K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.19 | +0.043% | — | $32K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.17 | +0.032% | $41K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 186.21 | +0.054% | $520K | $2.6M | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.21 | +0.054% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.19 | +0.043% | $2.2M | $426K | 50x | as long as short |
| Phoenix SKHY | +0.0129% | 1h | 186.40 | +0.156% | $209K | $123K | 10x | as long as short |
Aster SKHYUSDT
Extended SKHY-USD
Binance 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
Arcus SKHY-USD
Vest SKHY-USD-PERP
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY