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: OKX against Binance−0.055%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$19as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$230.233% of the position
Funding, last 7 days+0.044%+$4 on $10k
+Price spread, last 7 days+0.066%+$7 · spread now −0.055%, 7d avg −0.004%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: OKX is 0.051% cheaper against Binance than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.004%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SKHYUSDT | 189.07 | 0 | get 0.0000% / 8h | 3h 03m | $199.5M | $412.4M | 50x |
| Short | OKX SKHY-USDT-SWAP | 188.97 | 0 | get 0.0000% / 8h | 3h 03m | $44.8M | $73.8M | 50x |
Binance SKHYUSDT
OKX SKHY-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $0
- Price spread: −0.055% → −0.004%
- −$5.09
- Slippage, 4 orders
- −$3.27
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$28.35
- Costs to cover
- 0.233%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; OKX: 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 Binance live order book, 10 min ago | 0.26 bp | 5.3 bp −$5 | 6.4 bp −$64 | 23.3 bp −$2,333 | 78.5 bp −$39.2K |
| Sell OKX live order book, 5 min ago | 0.26 bp | 5.6 bp −$6 | 8.0 bp −$80 | 30.4 bp −$3,041 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDT | −0.0337% | 8h | 189.02 | −0.028% | $24.3M | $29.4M | 20x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 189.86 | +0.416% | $36K | $876K | 10x | as long as short |
| edgeX SKHYUSDC | −0.0055% | 4h | 188.56 | −0.271% | $568K | $290K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0015% | 1h | 189.02 | −0.028% | $158.6M | $70.1M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 189.11 | +0.021% | $244K | $897K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 189.01 | −0.031% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDTlong | 0.0000% | 8h | 189.07 | long leg | $199.5M | $412.4M | 50x | |
| Bybit SKHYUSDT | 0.0000% | 8h | 189.02 | −0.028% | $15.4M | $29.1M | 100x | as long as short |
| OKX SKHY-USDT-SWAPshort | 0.0000% | 8h | 188.97 | −0.055% | $44.8M | $73.8M | 50x | |
| Gate SKHY_USDT | 0.0000% | 8h | 189.02 | −0.028% | $25.3M | $19.9M | 75x | as long as short |
Bitget SKHYUSDT
Coinbase International SKHY-PERP-INTX
edgeX SKHYUSDC
tradeXYZ xyz:SKHY
Aster SKHYUSDT
Extended SKHY-USD
Bybit SKHYUSDT
Gate SKHY_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKHY | 0.0000% | 8h | 188.92 | −0.080% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.81 | −0.137% | $22K | $216K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.24 | +0.088% | $693 | $6.2M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 189.06 | −0.007% | $48K | $330K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 188.99 | −0.044% | $157K | $370K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 189.08 | +0.003% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0008% | 1h | 188.99 | −0.044% | $996K | $747K | 10x | as long as short |
| QFEX SKHY-USD | +0.0011% | 1h | 188.94 | −0.071% | $1.2M | $4.1M | 10x | as long as short |
| Nado SKHY-PERP | +0.0013% | 1h | 188.92 | −0.082% | $33K | $28K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 188.96 | −0.060% | $1.0M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 188.81 | −0.139% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.95 | −0.065% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 188.96 | −0.060% | $199K | $258K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 188.90 | −0.092% | $182K | $472K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 188.92 | −0.081% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 188.78 | −0.155% | $526K | $2.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 188.97 | −0.055% | $1.1M | $311K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 189.06 | −0.007% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 188.87 | −0.108% | $2.2M | $438K | 50x | as long as short |
| Phoenix SKHY | +0.0375% | 1h | 189.01 | −0.034% | $212K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0693% | 1h | 189.07 | −0.001% | $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
Lighter SKHY
QFEX SKHY-USD
Nado SKHY-PERP
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
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD