Funding you earn now, next payment 09:00 UTC+0.0291%/8h= +31.9% APRpaid last 24h +0.200%
Price spread now: Coinbase International against edgeX−0.910%77s7-day average +0.137% · you buy dearer than you sell
Net, funding: paid 7d − costs−$102as 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−$390.390% of the position
Funding, last 7 days−0.633%−$63 on $10k
+Price spread, last 4 days (all we have)+1.023%+$102 · spread now −0.910%, 7d avg +0.137%
=Together, before fees+0.390%+ Points / potential airdropedgeX: Active · farm board+$39 on $10k · with fees, hour by hour
Funding pays, the price is against you. Coinbase International is 1.047% cheaper against edgeX than usual: you would sell low and buy high (spread −0.910% now, against its 7-day average of +0.137%). If the spread goes back, that is −$105 on $10k: about 12 days of funding at the current rate (+$9 a day). Mind the row above: over the last 7 days funding on this pair cost −0.633%, so the current rate has only just turned in your favour. The two prices were read 77 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 | 187.79 | −0.0235 | get 0.0118% / 4h | 2h 01m | $566K | $287K | 10x |
| Short | Coinbase International SKHY-PERP-INTX | 186.08 | 0.0056 | get 0.0007% / 1h | 1m 44s | $110K | $772K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Coinbase International 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
- $61.19
- Price spread: −0.910% → +0.137%
- −$104.74
- Slippage, 4 orders
- −$20
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Net
- −$82.55
- Costs to cover
- 0.390%
- Break-even
- 16.4 days
Slippage from edgeX: live order book, 50 min ago; Coinbase International: live order book, 49 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, 50 min ago | 1.08 bp | 5.9 bp −$6 | 10.9 bp −$109 | doesn't fit | doesn't fit |
| Sell Coinbase International live order book, 49 min ago | 8.60 bp | 13.6 bp −$14 | 21.4 bp −$214 | doesn't fit | doesn't fit |
SKHY on 31 exchanges
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 | −0.0639% | 8h | 188.10 | +0.165% | $26.0M | $36.3M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0494% | 1h | 187.97 | +0.096% | $24K | $441K | 10x | as long as short |
| edgeX SKHYUSDClong | −0.0235% | 4h | 187.79 | long leg | $566K | $287K | 10x | |
| KuCoin SKHYUSDTM | −0.0118% | 8h | 188.05 | +0.139% | $1.1M | $461K | 20x | as long as short |
| Nado SKHY-PERP | −0.0023% | 1h | 188.18 | +0.208% | $33K | $28K | 10x | as long as short |
| QFEX SKHY-USD | −0.0005% | 1h | 188.01 | +0.118% | $1.2M | $4.3M | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0004% | 1h | 188.00 | +0.112% | $158.7M | $78.0M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 188.11 | +0.169% | $264K | $912K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 187.99 | +0.107% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 188.06 | +0.145% | $198.6M | $472.6M | 50x | as long as short |
Show all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SKHYUSDT | 0.0000% | 8h | 188.03 | +0.128% | $16.3M | $34.1M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 188.02 | +0.123% | $44.6M | $85.4M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 187.97 | +0.096% | $25.3M | $22.0M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 187.79 | +0.001% | $1.5M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 187.58 | −0.111% | $22K | $245K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 188.23 | +0.235% | $689 | $5.5M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 187.90 | +0.059% | $156K | $376K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 187.91 | +0.064% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 188.03 | +0.128% | $993K | $1.4M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 187.97 | +0.096% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 188.03 | +0.128% | $60K | $132K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.06 | +0.144% | — | $39K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 187.94 | +0.080% | $202K | $307K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 187.99 | +0.107% | $182K | $352K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 187.91 | +0.064% | $42K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 187.84 | +0.027% | $524K | $2.5M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTXshort | +0.0056% | 1h | 186.08 | −0.910% | $110K | $772K | 10x | |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 187.95 | +0.086% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 188.16 | +0.197% | $2.2M | $460K | 50x | as long as short |
| Phoenix SKHY | +0.0257% | 1h | 188.05 | +0.139% | $211K | $123K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0750% | 1h | 187.90 | +0.058% | $51K | $36K | 20x | as long as short |
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Bitget SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
KuCoin SKHYUSDTM
tradeXYZ xyz: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
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD