Funding you earn now, next payment 10:00 UTC+0.0005%/8h= +0.5% APRpaid last 24h +0.003%
Price spread now: Gate against QFEX−0.021%7-day average +0.009% · 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−$46as in the Price arb table
costs, in and out, $10k−$430.433% of the position
Funding, last 4 days (all we have)+0.007%+$1 on $10k
+Price spread, last 7 days+0.021%+$2 · spread now −0.021%, 7d avg +0.009%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.030% cheaper against QFEX than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX SKHY-USD | 187.90 | −0.0005 | get 0.0001% / 1h | 5m 29s | $1.2M | $4.3M | 10x |
| Short | Gate SKHY_USDT | 187.86 | 0 | get 0.0000% / 8h | 6h 05m | $25.2M | $21.9M | 75x |
QFEX SKHY-USD
Gate SKHY_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against QFEX. 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
- $1.02
- Price spread: −0.021% → +0.009%
- −$3.02
- Slippage, 4 orders
- −$18.3
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$45.3
- Costs to cover
- 0.433%
- Break-even
- 316.4 days
Slippage from QFEX: live order book, 6 min ago; Gate: 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 QFEX live order book, 6 min ago | 1.61 bp | 6.6 bp −$7 | 7.5 bp −$75 | 19.7 bp −$1,973 | doesn't fit |
| Sell Gate live order book, 2 min ago | 1.60 bp | 18.7 bp −$19 | 31.5 bp −$315 | 72.2 bp −$7,220 | 110.9 bp −$55.4K |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0877% | 4h | 187.11 | −0.422% | $564K | $286K | 10x | as long as short |
| Bitget SKHYUSDT | −0.0658% | 8h | 187.99 | +0.048% | $26.0M | $36.1M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0229% | 1h | 187.66 | −0.128% | $24K | $440K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0121% | 8h | 187.82 | −0.043% | $1.1M | $453K | 20x | as long as short |
| Nado SKHY-PERP | −0.0019% | 1h | 187.86 | −0.021% | $32K | $28K | 10x | as long as short |
| QFEX SKHY-USDlong | −0.0005% | 1h | 187.90 | long leg | $1.2M | $4.3M | 10x | |
| Aster SKHYUSDT | 0.0000% | 8h | 187.96 | +0.029% | $265K | $912K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 187.82 | −0.042% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 187.91 | +0.006% | $198.4M | $470.9M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 187.92 | +0.011% | $16.3M | $34.0M | 100x | as long as short |
edgeX SKHYUSDC
Bitget SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
KuCoin SKHYUSDTM
Nado SKHY-PERP
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 | 187.88 | −0.011% | $44.6M | $84.8M | 50x | as long as short |
| Gate SKHY_USDTshort | 0.0000% | 8h | 187.86 | −0.021% | $25.2M | $21.9M | 75x | |
| Variational Omni SKHY | 0.0000% | 8h | 187.79 | −0.058% | $1.5M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 187.58 | −0.170% | $22K | $245K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 188.15 | +0.133% | $689 | $5.5M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 187.72 | −0.096% | $155K | $376K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 187.81 | −0.048% | $1.5M | $1.1M | 10x | as long as short |
| tradeXYZ xyz:SKHY | +0.0005% | 1h | 187.87 | −0.016% | $158.6M | $77.9M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 187.90 | 0.000% | $997K | $1.3M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 187.83 | −0.037% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 187.89 | −0.005% | $60K | $130K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 187.87 | −0.016% | — | $39K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 187.97 | +0.037% | $202K | $301K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 187.88 | −0.011% | $182K | $352K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 187.33 | −0.303% | $41K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 187.65 | −0.133% | $523K | $2.5M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0056% | 1h | 186.08 | −0.969% | $110K | $774K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 187.78 | −0.064% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 187.39 | −0.271% | $2.2M | $457K | 50x | as long as short |
| Phoenix SKHY | +0.0257% | 1h | 186.95 | −0.506% | $209K | $123K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0751% | 1h | 187.60 | −0.158% | $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
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD