Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Aster against Phemex−0.049%7-day average +0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$125as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1231.231% of the position
Funding, last 7 days−0.019%−$2 on $10k
+Price spread, last 3 days (all we have)+0.093%+$9 · spread now −0.049%, 7d avg +0.005%
=Together, before fees+0.074%+ Points / potential airdropAster: Stage 5 · farm board+$7 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Aster is 0.055% cheaper against Phemex than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of +0.005%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SKHYUSDT | 192.95 | 0 | get 0.0000% / 8h | 6h 34m | $1.5M | $1.1M | 10x |
| Short | Aster SKHYUSDT | 192.85 | 0 | get 0.0000% / 8h | 6h 34m | $248K | $890K | 50x |
Phemex SKHYUSDT
Aster SKHYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Phemex. 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
- $0
- Price spread: −0.049% → +0.005%
- −$5.46
- Slippage, 4 orders
- −$103.13
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$128.58
- Costs to cover
- 1.231%
- Break-even
- never at this rate
Slippage from Phemex: live order book, 4 min ago; Aster: live order book, 34 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 Phemex live order book, 4 min ago | 2.85 bp | 57.2 bp −$57 | doesn't fit | doesn't fit | doesn't fit |
| Sell Aster live order book, 34 min ago | 1.03 bp | 7.1 bp −$7 | 37.7 bp −$377 | doesn't fit | doesn't fit |
SKHY on 30 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0874% | 4h | 192.69 | −0.133% | $581K | $290K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 192.90 | −0.026% | $45K | $874K | 10x | as long as short |
| Aster SKHYUSDTshort | 0.0000% | 8h | 192.85 | −0.049% | $248K | $890K | 50x | |
| Extended SKHY-USD | 0.0000% | 1h | 192.85 | −0.050% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 192.94 | −0.007% | $210.3M | $384.8M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 192.97 | +0.010% | $15.6M | $27.2M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 192.98 | +0.016% | $46.8M | $69.1M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 192.88 | −0.036% | $25.8M | $18.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 192.76 | −0.101% | $1.6M | $2.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 192.71 | −0.123% | $22K | $192K | 10x | as long as short |
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 193.19 | +0.124% | $707 | $6.6M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 192.89 | −0.031% | $48K | $271K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 192.84 | −0.057% | $160K | $376K | 50x | as long as short |
| Phemex SKHYUSDTlong | 0.0000% | 8h | 192.95 | long leg | $1.5M | $1.1M | 10x | |
| QFEX SKHY-USD | +0.0002% | 1h | 192.85 | −0.052% | $1.2M | $4.6M | 10x | as long as short |
| Nado SKHY-PERP | +0.0031% | 1h | 192.89 | −0.031% | $42K | $21K | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.81 | −0.073% | $1.0M | $684K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.84 | −0.057% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 192.79 | −0.083% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 192.85 | −0.052% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 192.90 | −0.026% | $197K | $257K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 192.88 | −0.036% | $163.1M | $65.7M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 192.80 | −0.078% | $188K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 192.87 | −0.041% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 192.62 | −0.171% | $535K | $1.8M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 192.83 | −0.062% | $1.1M | $280K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 192.87 | −0.041% | $2K | $4K | 10x | as long as short |
| Phoenix SKHY | +0.0331% | 1h | 192.96 | +0.005% | $216K | $123K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0335% | 8h | 192.93 | −0.010% | $25.5M | $26.3M | 20x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0706% | 1h | 192.98 | +0.014% | $51K | $17K | 20x | as long as short |
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
QFEX SKHY-USD
Nado SKHY-PERP
Lighter SKHY
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
Phoenix SKHY
Bitget SKHYUSDT
Kraken Futures PF_SKHYUSD