Funding you earn now, next payment 05:00 UTC+0.0072%/8h= +7.9% APRpaid last 24h +0.022%
Price spread now: BloFin against Popdex−0.058%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$220.223% of the position
Funding, last 4 days (all we have)+0.108%+$11 on $10k
+Price spread, last 4 days (all we have)−0.040%−$4 · spread now −0.058%, 7d avg −0.001%
=Funding pays, the price is against you. BloFin is 0.057% cheaper against Popdex than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of −0.001%). If the spread goes back, that is −$6 on $10k: about 2.7 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex SKHYUSDT | 189.96 | 0.0048 | pay 0.0006% / 1h | 37m 48s | $200K | $257K | 20x |
| Short | BloFin SKHY-USDT | 189.85 | 0.0120 | get 0.0120% / 8h | 3h 37m | $2.2M | $435K | 50x |
Popdex SKHYUSDT
BloFin SKHY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $15.12
- Price spread: −0.058% → −0.001%
- −$5.73
- Slippage, 4 orders
- −$3.91
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$12.92
- Costs to cover
- 0.223%
- Break-even
- 13.0 days
Slippage from Popdex: live order book, 16 min ago; BloFin: live order book, 5 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, 16 min ago | 0.78 bp | 4.5 bp −$4 | 9.1 bp −$91 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.52 bp | 6.5 bp −$7 | 8.2 bp −$82 | 20.9 bp −$2,089 | doesn't fit |
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 | −0.0799% | 4h | 190.46 | +0.262% | $574K | $290K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 192.84 | +1.516% | $45K | $861K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0003% | 1h | 189.88 | −0.042% | $158.8M | $69.1M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 189.99 | +0.017% | $247K | $893K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 189.89 | −0.039% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 189.97 | +0.004% | $199.6M | $404.3M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 189.96 | 0.000% | $15.3M | $28.6M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 190.02 | +0.032% | $45.2M | $72.9M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 189.94 | −0.011% | $25.6M | $19.5M | 75x | as long as short |
| Bitget SKHYUSDT | 0.0000% | 8h | 189.98 | +0.011% | $24.4M | $28.4M | 20x | as long as short |
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
tradeXYZ xyz:SKHY
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Bitget SKHYUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKHY | 0.0000% | 8h | 190.47 | +0.269% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 190.25 | +0.151% | $22K | $211K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 190.26 | +0.158% | $696 | $6.2M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 189.98 | +0.011% | $48K | $326K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 189.89 | −0.037% | $158K | $369K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 189.99 | +0.016% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0011% | 1h | 189.98 | +0.011% | $1.2M | $4.1M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 189.83 | −0.068% | $1.0M | $692K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 189.85 | −0.058% | $1.1M | $1.4M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 190.21 | +0.132% | $59K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 189.98 | +0.011% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDTlong | +0.0048% | 1h | 189.96 | long leg | $200K | $257K | 20x | |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 189.89 | −0.037% | $183K | $470K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 189.91 | −0.026% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 189.99 | +0.016% | $563K | $2.7M | 10x | as long as short |
| Nado SKHY-PERP | +0.0097% | 1h | 190.01 | +0.027% | $34K | $28K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 189.96 | 0.000% | $1.1M | $319K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 189.95 | −0.005% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDTshort | +0.0120% | 8h | 189.85 | −0.058% | $2.2M | $435K | 50x | |
| Phoenix SKHY | +0.0375% | 1h | 190.44 | +0.253% | $213K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0690% | 1h | 190.00 | +0.020% | $48K | $19K | 20x | as long as short |
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Lighter SKHY
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
Nado SKHY-PERP
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
Phoenix SKHY
Kraken Futures PF_SKHYUSD