Funding you earn now, next payment 08:00 UTC−0.0981%/8h= −107.4% APRpaid last 24h −0.164%
Price spread now: edgeX against Binance+0.232%50s7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs+$35as 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−$220.224% of the position
Funding, last 7 days+0.577%+$58 on $10k
+Price spread, last 4 days (all we have)−0.115%−$12 · spread now +0.232%, 7d avg +0.012%
=Together, before fees+0.462%+ Points / potential airdropedgeX: Active · farm board+$46 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.220% dearer against Binance than usual: you sell high and buy low (spread +0.232% now, against its 7-day average of +0.012%): +$22 on $10k if it goes back. Holding the pair costs −$29 a day in funding at the current rate, which eats that in about 18 hours. Mind the row above: over the last 7 days funding on this pair paid +0.577%, so the current rate has only just turned against you. The two prices were read 50 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 0.577% in total (about 30.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SKHYUSDT | 190.22 | 0 | get 0.0000% / 8h | 3h 40m | $199.9M | $403.2M | 50x |
| Short | edgeX SKHYUSDC | 190.66 | −0.0981 | pay 0.0490% / 4h | 3h 40m | $575K | $290K | 10x |
Binance SKHYUSDT
edgeX SKHYUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Binance. 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
- −$205.93
- Price spread: +0.232% → +0.012%
- $21.99
- Slippage, 4 orders
- −$3.41
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$206.36
- Costs to cover
- 0.224%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; edgeX: live order book, 13 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 Binance live order book, 3 min ago | 0.26 bp | 5.3 bp −$5 | 7.5 bp −$75 | 17.6 bp −$1,758 | 63.0 bp −$31.5K |
| Sell edgeX live order book, 13 min ago | 1.04 bp | 5.9 bp −$6 | 11.1 bp −$111 | doesn't fit | 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 SKHYUSDCshort | −0.0981% | 4h | 190.66 | +0.232% | $575K | $290K | 10x | |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 192.84 | +1.377% | $45K | $861K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 190.25 | +0.017% | $247K | $893K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 190.16 | −0.030% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDTlong | 0.0000% | 8h | 190.22 | long leg | $199.9M | $403.2M | 50x | |
| Bybit SKHYUSDT | 0.0000% | 8h | 190.20 | −0.011% | $15.4M | $28.5M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 190.21 | −0.005% | $45.4M | $72.8M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 190.23 | +0.005% | $25.6M | $19.4M | 75x | as long as short |
| Bitget SKHYUSDT | 0.0000% | 8h | 190.52 | +0.158% | $24.4M | $28.3M | 20x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 190.47 | +0.132% | $1.6M | $1.1M | — | as long as short |
Coinbase International SKHY-PERP-INTX
Aster SKHYUSDT
Extended SKHY-USD
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Bitget SKHYUSDT
Variational Omni SKHYShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 190.68 | +0.241% | $22K | $211K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 190.67 | +0.236% | $698 | $6.2M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 190.39 | +0.089% | $48K | $326K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 190.45 | +0.121% | $159K | $369K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 190.61 | +0.205% | $1.5M | $1.1M | 10x | as long as short |
| tradeXYZ xyz:SKHY | +0.0004% | 1h | 190.13 | −0.047% | $159.0M | $69.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0011% | 1h | 190.42 | +0.105% | $1.2M | $4.0M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 190.10 | −0.063% | $1.0M | $691K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 190.12 | −0.053% | $1.1M | $1.4M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 190.54 | +0.168% | $59K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 190.51 | +0.152% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 190.52 | +0.158% | $200K | $257K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 190.38 | +0.084% | $182K | $460K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 190.36 | +0.073% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 190.43 | +0.110% | $563K | $2.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 190.24 | +0.010% | $1.1M | $320K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 190.41 | +0.100% | $2K | $4K | 10x | as long as short |
| Nado SKHY-PERP | +0.0105% | 1h | 190.63 | +0.218% | $34K | $28K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 190.36 | +0.073% | $2.2M | $435K | 50x | as long as short |
| Phoenix SKHY | +0.0375% | 1h | 190.77 | +0.289% | $214K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0688% | 1h | 190.50 | +0.149% | $48K | $19K | 20x | as long as short |
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
tradeXYZ xyz:SKHY
QFEX SKHY-USD
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
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
Nado SKHY-PERP
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD