Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Gate+0.069%7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$18as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$440.440% of the position
Funding, last 7 days+0.263%+$26 on $10k
+Price spread, last 4 days (all we have)−0.032%−$3 · spread now +0.069%, 7d avg +0.023%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.046% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.023%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SKHY_USDT | 188.03 | 0 | get 0.0000% / 8h | 6h 02m | $25.3M | $22.0M | 75x |
| Short | BloFin SKHY-USDT | 188.16 | 0.0120 | get 0.0120% / 8h | 6h 02m | $2.2M | $460K | 50x |
Gate SKHY_USDT
BloFin SKHY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $25.2
- Price spread: +0.069% → +0.023%
- $4.59
- Slippage, 4 orders
- −$17.01
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$14.22
- Costs to cover
- 0.440%
- Break-even
- 10.9 days
Slippage from Gate: live order book, 4 min ago; BloFin: live order book, 3 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 Gate live order book, 4 min ago | 1.60 bp | 11.4 bp −$11 | 23.4 bp −$234 | 30.6 bp −$3,065 | 54.5 bp −$27.2K |
| Sell BloFin live order book, 3 min ago | 0.27 bp | 7.7 bp −$8 | 9.8 bp −$98 | 23.6 bp −$2,365 | 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 | −0.0648% | 8h | 188.10 | +0.037% | $26.0M | $36.2M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0442% | 1h | 187.73 | −0.160% | $24K | $441K | 10x | as long as short |
| edgeX SKHYUSDC | −0.0235% | 4h | 187.79 | −0.128% | $566K | $287K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0120% | 8h | 187.92 | −0.059% | $1.1M | $459K | 20x | as long as short |
| Nado SKHY-PERP | −0.0023% | 1h | 187.90 | −0.069% | $32K | $28K | 10x | as long as short |
| QFEX SKHY-USD | −0.0005% | 1h | 187.63 | −0.213% | $1.2M | $4.3M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 188.02 | −0.007% | $264K | $912K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 187.97 | −0.033% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 188.04 | +0.004% | $198.6M | $472.3M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 188.05 | +0.011% | $16.3M | $34.1M | 100x | as long as short |
Bitget SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
edgeX SKHYUSDC
KuCoin SKHYUSDTM
Nado SKHY-PERP
QFEX SKHY-USD
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDTShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 188.00 | −0.016% | $44.6M | $85.4M | 50x | as long as short |
| Gate SKHY_USDTlong | 0.0000% | 8h | 188.03 | long leg | $25.3M | $22.0M | 75x | |
| Variational Omni SKHY | 0.0000% | 8h | 187.79 | −0.127% | $1.5M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 187.58 | −0.239% | $22K | $245K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 187.96 | −0.037% | $688 | $5.5M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 188.09 | +0.032% | $155K | $376K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 188.15 | +0.064% | $1.5M | $1.1M | 10x | as long as short |
| tradeXYZ xyz:SKHY | +0.0001% | 1h | 188.03 | 0.000% | $158.7M | $78.0M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 188.11 | +0.043% | $993K | $1.4M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 188.01 | −0.011% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 187.65 | −0.202% | $60K | $131K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 187.77 | −0.138% | — | $39K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 187.66 | −0.197% | $200K | $304K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 187.69 | −0.181% | $182K | $352K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 187.86 | −0.090% | $42K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 187.57 | −0.245% | $523K | $2.5M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0056% | 1h | 186.08 | −1.037% | $110K | $772K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 187.84 | −0.101% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDTshort | +0.0120% | 8h | 188.16 | +0.069% | $2.2M | $460K | 50x | |
| Phoenix SKHY | +0.0257% | 1h | 188.05 | +0.011% | $211K | $123K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0751% | 1h | 187.66 | −0.199% | $51K | $36K | 20x | as long as short |
OKX SKHY-USDT-SWAP
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
tradeXYZ xyz:SKHY
Lighter SKHY
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
Coinbase International SKHY-PERP-INTX
Orderly PERP_SKHY_USDC_mythos
Phoenix SKHY
Kraken Futures PF_SKHYUSD