Funding you earn now, next payment 08:00 UTC+0.0352%/8h= +38.5% APRnext payment +$3.52 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against Bitget+0.032%56s7-day average −0.033% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as 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−$400.399% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 4 days (all we have)−0.105%−$10 · spread now +0.032%, 7d avg −0.033%
=Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and HTX is 0.065% dearer against Bitget than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.033%. The two prices were read 56 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 -0.036% in total (about -1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.52 per $10,000. 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 | Bitget SKHYUSDT | 188.93 | −0.0352 | get 0.0352% / 8h | 3h 03m | $24.3M | $29.4M | 20x |
| Short | HTX SKHY-USDT | 188.99 | 0 | get 0.0000% / 8h | 3h 03m | $157K | $370K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
HTX against Bitget. 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
- $73.92
- Price spread: +0.032% → −0.033%
- $6.53
- Slippage, 4 orders
- −$15.9
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- $40.54
- Costs to cover
- 0.399%
- Break-even
- 3.2 days
Slippage from Bitget: live order book, 6 min ago; HTX: live order book, 50 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 Bitget live order book, 6 min ago | 0.53 bp | 8.9 bp −$9 | 16.7 bp −$167 | 24.0 bp −$2,396 | 41.9 bp −$21.0K |
| Sell HTX live order book, 50 min ago | 1.83 bp | 10.4 bp −$10 | 14.3 bp −$143 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDTlong | −0.0352% | 8h | 188.93 | long leg | $24.3M | $29.4M | 20x | |
| edgeX SKHYUSDC | −0.0232% | 4h | 188.78 | −0.080% | $569K | $291K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 189.86 | +0.492% | $36K | $876K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0017% | 1h | 188.79 | −0.074% | $158.4M | $70.1M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 188.89 | −0.023% | $244K | $897K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 188.73 | −0.105% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 188.79 | −0.076% | $199.1M | $412.5M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 188.81 | −0.064% | $15.4M | $29.1M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 188.79 | −0.074% | $44.8M | $73.7M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 188.81 | −0.064% | $25.3M | $19.9M | 75x | as long as short |
Show 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 | −0.004% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.86 | −0.035% | $22K | $216K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.13 | +0.106% | $692 | $6.2M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 188.82 | −0.058% | $48K | $331K | 10x | as long as short |
| HTX SKHY-USDTshort | 0.0000% | 8h | 188.99 | +0.032% | $157K | $370K | 50x | |
| Phemex SKHYUSDT | 0.0000% | 8h | 189.08 | +0.079% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0008% | 1h | 188.79 | −0.074% | $995K | $747K | 10x | as long as short |
| QFEX SKHY-USD | +0.0011% | 1h | 188.82 | −0.058% | $1.2M | $4.1M | 10x | as long as short |
| Nado SKHY-PERP | +0.0012% | 1h | 189.01 | +0.043% | $33K | $28K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 188.79 | −0.074% | $1.0M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 188.84 | −0.048% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.89 | −0.021% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 188.84 | −0.048% | $199K | $259K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 188.75 | −0.095% | $182K | $472K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 188.82 | −0.058% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 188.78 | −0.079% | $526K | $2.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 188.88 | −0.026% | $1.1M | $311K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 188.82 | −0.058% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 188.87 | −0.032% | $2.2M | $438K | 50x | as long as short |
| Phoenix SKHY | +0.0375% | 1h | 189.01 | +0.042% | $212K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0694% | 1h | 188.85 | −0.045% | $48K | $19K | 20x | as long as short |
Bitget SKHYUSDT
HTX SKHY-USDT
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
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD