Funding you earn now, next payment 08:00 UTC+0.0749%/8h= +82.1% APRpaid last 24h +0.164%
Price spread now: Bybit against edgeX+0.143%111s7-day average −0.001% · you sell dearer than you buy
Net, funding: paid 7d − costs−$92as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$380.379% of the position
Funding, last 7 days−0.536%−$54 on $10k
+Price spread, last 4 days (all we have)−0.933%−$93 · spread now +0.143%, 7d avg −0.001%
=Together, before fees−1.470%+ Points / potential airdropedgeX: Active · farm board−$147 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Bybit is 0.144% dearer against edgeX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of −0.001%. Mind the row above: over the last 7 days funding on this pair cost −0.536%, so the current rate has only just turned in your favour. The two prices were read 111 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SKHYUSDC | 186.53 | −0.0749 | get 0.0375% / 4h | 33m 44s | $562K | $291K | 10x |
| Short | Bybit SKHYUSDT | 186.80 | 0 | get 0.0000% / 8h | 33m 44s | $16.7M | $29.4M | 100x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against edgeX. 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
- $157.36
- Price spread: +0.143% → −0.001%
- $14.43
- Slippage, 4 orders
- −$17.91
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $133.88
- Costs to cover
- 0.379%
- Break-even
- 1.0 days
Slippage from edgeX: live order book, 5 min ago; Bybit: live order book, 5 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 edgeX live order book, 5 min ago | 5.63 bp | 10.9 bp −$11 | 15.3 bp −$153 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 5 min ago | 0.80 bp | 7.7 bp −$8 | 13.2 bp −$132 | 76.4 bp −$7,645 | 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 | −0.1271% | 8h | 186.88 | +0.186% | $25.4M | $33.1M | 20x | as long as short |
| edgeX SKHYUSDClong | −0.0749% | 4h | 186.53 | long leg | $562K | $291K | 10x | |
| Kraken Futures PF_SKHYUSD | −0.0266% | 1h | 186.79 | +0.135% | $48K | $21K | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.0220% | 1h | 186.72 | +0.100% | $158.6M | $76.9M | 10x | as long as short |
| Nado SKHY-PERP | −0.0182% | 1h | 186.71 | +0.095% | $33K | $28K | 10x | as long as short |
| Popdex SKHYUSDT | −0.0152% | 1h | 186.65 | +0.063% | $205K | $288K | 20x | as long as short |
| Polymarket Perps SKHY-USD | −0.0134% | 1h | 186.58 | +0.025% | $180K | $487K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 187.58 | +0.561% | $68K | $905K | 10x | as long as short |
| QFEX SKHY-USD | −0.0061% | 1h | 186.63 | +0.052% | $1.2M | $4.3M | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0037% | 8h | 186.66 | +0.068% | $1.1M | $328K | 20x | 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 | −0.0018% | 1h | 186.67 | +0.073% | $49K | $347K | 10x | as long as short |
| Lighter SKHY | −0.0016% | 1h | 186.69 | +0.084% | $975K | $1.2M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.73 | +0.105% | $223K | $925K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.78 | +0.130% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.80 | +0.145% | $200.8M | $450.5M | 50x | as long as short |
| Bybit SKHYUSDTshort | 0.0000% | 8h | 186.80 | +0.143% | $16.7M | $29.4M | 100x | |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.73 | +0.105% | $44.7M | $79.8M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.71 | +0.095% | $25.6M | $21.0M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.58 | +0.024% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.65 | +0.063% | $22K | $233K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.95 | +0.223% | $684 | $6.1M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.62 | +0.046% | $155K | $363K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.66 | +0.068% | $1.5M | $1.1M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0018% | 1h | 186.48 | −0.029% | $521K | $2.6M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.68 | +0.079% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.61 | +0.041% | $60K | $171K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.61 | +0.041% | — | $32K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.65 | +0.063% | $41K | $12K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.65 | +0.063% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.61 | +0.041% | $2.2M | $426K | 50x | as long as short |
| Phoenix SKHY | +0.0129% | 1h | 186.78 | +0.132% | $209K | $123K | 10x | as long as short |
edgeX SKHYUSDC
Bybit SKHYUSDT
Bitget SKHYUSDT
Kraken Futures PF_SKHYUSD
tradeXYZ xyz:SKHY
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
Coinbase International SKHY-PERP-INTX
KuCoin SKHYUSDTM
Deribit SKHY_USDC-PERPETUAL
Lighter SKHY
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 RH SKHY
SoDEX SKHY-USD
BloFin SKHY-USDT
Phoenix SKHY