Funding you earn now, next payment 03:00 UTC+0.0149%/8h= +16.3% APRpaid last 24h −0.014%
Price spread now: Bitget against Popdex+0.057%7-day average 0.000% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$21as in the Price arb table
costs, in and out, $10k−$270.266% of the position
Funding, last 4 days (all we have)−0.041%−$4 on $10k
+Price spread, last 4 days (all we have)−0.030%−$3 · spread now +0.057%, 7d avg 0.000%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bitget is 0.057% dearer against Popdex than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of 0.000%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex SKHYUSDT | 192.29 | 0.0048 | pay 0.0006% / 1h | 46m 29s | $197K | $255K | 20x |
| Short | Bitget SKHYUSDT | 192.40 | 0.0197 | get 0.0197% / 8h | 5h 46m | $25.5M | $26.4M | 20x |
Popdex SKHYUSDT
Bitget SKHYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Popdex. 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
- $31.29
- Price spread: +0.057% → 0.000%
- $5.67
- Slippage, 4 orders
- −$8.18
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $10.39
- Costs to cover
- 0.266%
- Break-even
- 4.7 days
Slippage from Popdex: live order book, 17 min ago; Bitget: live order book, 2 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 Popdex live order book, 17 min ago | 1.04 bp | 4.6 bp −$5 | 8.5 bp −$85 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 0.78 bp | 7.9 bp −$8 | 14.9 bp −$149 | 19.9 bp −$1,985 | 40.7 bp −$20.4K |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0716% | 4h | 192.85 | +0.291% | $581K | $291K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0032% | 1h | 192.90 | +0.317% | $45K | $874K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 192.31 | +0.010% | $247K | $890K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 192.23 | −0.032% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 192.27 | −0.010% | $207.4M | $385.9M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 192.30 | +0.005% | $15.7M | $27.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 192.31 | +0.010% | $46.7M | $69.0M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 192.23 | −0.031% | $25.8M | $18.9M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.08 | +0.409% | $1.6M | $1.3M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 193.09 | +0.416% | $22K | $193K | 10x | as long as short |
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_PerpShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 192.64 | +0.182% | $705 | $6.4M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 192.34 | +0.026% | $160K | $368K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 192.35 | +0.031% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0004% | 1h | 192.30 | +0.005% | $1.2M | $4.3M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0010% | 1h | 192.38 | +0.047% | $48K | $286K | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.20 | −0.047% | $1.0M | $687K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.23 | −0.031% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 192.60 | +0.161% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 192.36 | +0.036% | — | $11K | 10x | as long as short |
| Popdex SKHYUSDTlong | +0.0048% | 1h | 192.29 | long leg | $197K | $255K | 20x | |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 192.22 | −0.036% | $161.5M | $66.4M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 192.22 | −0.036% | $188K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 192.36 | +0.036% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 192.22 | −0.036% | $567K | $2.1M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 192.32 | +0.016% | $1.1M | $290K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 192.28 | −0.005% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 192.34 | +0.026% | — | $444K | 50x | as long as short |
| Nado SKHY-PERP | +0.0133% | 1h | 192.33 | +0.023% | $38K | $26K | 10x | as long as short |
| Bitget SKHYUSDTshort | +0.0197% | 8h | 192.40 | +0.057% | $25.5M | $26.4M | 20x | |
| Phoenix SKHY | +0.0332% | 1h | 192.94 | +0.338% | $216K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0547% | 1h | 192.45 | +0.084% | $51K | $17K | 20x | as long as short |
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Deribit SKHY_USDC-PERPETUAL
Lighter SKHY
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Nado SKHY-PERP
Phoenix SKHY
Kraken Futures PF_SKHYUSD