Funding you earn now, next payment 12:00 UTC−0.0796%/8h= −87.2% APRpaid last 24h −0.201%
Price spread now: edgeX against Gate+0.104%97s7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs+$19as 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−$360.364% of the position
Funding, last 7 days+0.550%+$55 on $10k
+Price spread, last 4 days (all we have)+0.129%+$13 · spread now +0.104%, 7d avg +0.021%
=Together, before fees+0.680%+ Points / potential airdropedgeX: Active · farm board+$68 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.083% dearer against Gate than usual: you sell high and buy low (spread +0.104% now, against its 7-day average of +0.021%): +$8 on $10k if it goes back. Holding the pair costs −$24 a day in funding at the current rate, which eats that in about 8 hours. Mind the row above: over the last 7 days funding on this pair paid +0.550%, so the current rate has only just turned against you. The two prices were read 97 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.550% in total (about 28.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SKHY_USDT | 187.50 | 0 | get 0.0000% / 8h | 4h 53m | $25.3M | $21.3M | 75x |
| Short | edgeX SKHYUSDC | 187.69 | −0.0796 | pay 0.0398% / 4h | 53m 45s | $566K | $285K | 10x |
Gate SKHY_USDT
edgeX SKHYUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$167.17
- Price spread: +0.104% → +0.021%
- $8.26
- Slippage, 4 orders
- −$12.41
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$195.33
- Costs to cover
- 0.364%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; edgeX: live order book, 53 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, 3 min ago | 1.07 bp | 11.7 bp −$12 | 19.4 bp −$194 | 28.9 bp −$2,888 | 52.8 bp −$26.4K |
| Sell edgeX live order book, 53 min ago | 1.07 bp | 6.0 bp −$6 | 11.4 bp −$114 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_SKHYUSD | −0.2058% | 1h | 187.58 | +0.040% | $50K | $36K | 20x | as long as short |
| edgeX SKHYUSDCshort | −0.0796% | 4h | 187.69 | +0.104% | $566K | $285K | 10x | |
| Deribit SKHY_USDC-PERPETUAL | −0.0549% | 1h | 187.56 | +0.032% | $52K | $496K | 10x | as long as short |
| Bitget SKHYUSDT | −0.0271% | 8h | 187.67 | +0.091% | $26.1M | $36.5M | 20x | as long as short |
| KuCoin SKHYUSDTM | −0.0204% | 8h | 187.66 | +0.085% | $1.1M | $517K | 20x | as long as short |
| Nado SKHY-PERP | −0.0134% | 1h | 187.76 | +0.136% | $32K | $28K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0096% | 1h | 187.65 | +0.080% | $110K | $735K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0075% | 1h | 187.58 | +0.043% | $158.4M | $77.1M | 10x | as long as short |
| Lighter SKHY | −0.0032% | 1h | 187.53 | +0.016% | $981K | $1.4M | 10x | as long as short |
| Binance SKHYUSDT | −0.0018% | 8h | 187.60 | +0.051% | $197.5M | $471.9M | 50x | as long as short |
Kraken Futures PF_SKHYUSD
Deribit SKHY_USDC-PERPETUAL
Bitget SKHYUSDT
KuCoin SKHYUSDTM
Nado SKHY-PERP
Coinbase International SKHY-PERP-INTX
tradeXYZ xyz:SKHY
Lighter SKHY
Binance SKHYUSDTShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SKHY-USD | −0.0016% | 1h | 187.55 | +0.027% | $55K | $7K | 10x | as long as short |
| QFEX SKHY-USD | −0.0013% | 1h | 187.64 | +0.075% | $1.2M | $4.2M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 187.58 | +0.042% | $260K | $916K | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 187.59 | +0.048% | $16.4M | $33.9M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 187.57 | +0.037% | $44.5M | $85.5M | 50x | as long as short |
| Gate SKHY_USDTlong | 0.0000% | 8h | 187.50 | long leg | $25.3M | $21.3M | 75x | |
| Variational Omni SKHY | 0.0000% | 8h | 187.58 | +0.040% | $1.5M | $951K | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 187.76 | +0.139% | $22K | $255K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 187.97 | +0.251% | $688 | $5.4M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 187.62 | +0.064% | $154K | $383K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 187.63 | +0.069% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 187.52 | +0.011% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 187.65 | +0.080% | $60K | $131K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0046% | 1h | 187.50 | 0.000% | $523K | $2.5M | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 187.70 | +0.107% | — | $40K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 187.71 | +0.112% | $201K | $310K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 187.63 | +0.069% | $182K | $342K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 187.64 | +0.075% | $41K | $12K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 187.66 | +0.085% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0104% | 8h | 187.69 | +0.101% | $2.2M | $491K | 50x | as long as short |
| Phoenix SKHY | +0.0255% | 1h | 188.00 | +0.267% | $211K | $123K | 10x | as long as short |
Extended SKHY-USD
QFEX SKHY-USD
Aster SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter RH SKHY
Arcus SKHY-USD
Ondo Perps SKHY-USD.P
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY