Funding you earn now, next payment 16:00 UTC+0.0984%/8h= +107.7% APRnext payment +$9.84 per $10,000 · paid last 24h +0.125%
Price spread now: OKX against Bitget−0.016%7-day average −0.006% · you buy dearer than you sell
Net, funding: paid 7d − costs−$17as in the Funding arb table
Net, price: spread back to 7d avg − costs−$29as in the Price arb table
costs, in and out, $10k−$280.281% of the position
Funding, last 7 days+0.109%+$11 on $10k
+Price spread, last 7 days+0.021%+$2 · spread now −0.016%, 7d avg −0.006%
=The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: +$30 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.109% in total (about 5.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.84 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 | 186.59 | −0.0984 | get 0.0984% / 8h | 6h 56m | $25.7M | $35.4M | 20x |
| Short | OKX SKHY-USDT-SWAP | 186.56 | 0 | get 0.0000% / 8h | 6h 56m | $44.3M | $83.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $206.64
- Price spread: −0.016% → −0.006%
- −$1.01
- Slippage, 4 orders
- −$6.1
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $177.53
- Costs to cover
- 0.281%
- Break-even
- 1.0 days
Slippage from Bitget: live order book, 3 min ago; OKX: live order book, 3 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, 3 min ago | 0.27 bp | 8.6 bp −$9 | 12.3 bp −$123 | 15.8 bp −$1,578 | 32.4 bp −$16.2K |
| Sell OKX live order book, 3 min ago | 0.27 bp | 6.4 bp −$6 | 8.4 bp −$84 | 46.0 bp −$4,599 | 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 | −0.0984% | 8h | 186.59 | long leg | $25.7M | $35.4M | 20x | |
| edgeX SKHYUSDC | −0.0405% | 4h | 186.37 | −0.118% | $562K | $289K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0182% | 8h | 186.60 | +0.005% | $1.1M | $401K | 20x | as long as short |
| QFEX SKHY-USD | −0.0005% | 1h | 186.60 | +0.005% | $1.2M | $4.3M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.55 | −0.023% | $266K | $949K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.52 | −0.036% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.60 | +0.005% | $197.6M | $468.4M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.58 | −0.005% | $15.9M | $33.5M | 100x | as long as short |
| OKX SKHY-USDT-SWAPshort | 0.0000% | 8h | 186.56 | −0.016% | $44.3M | $83.2M | 50x | |
| Gate SKHY_USDT | 0.0000% | 8h | 186.59 | 0.000% | $25.6M | $21.3M | 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 | 186.05 | −0.289% | $1.5M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.06 | −0.285% | $22K | $247K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.83 | +0.129% | $684 | $5.7M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 186.61 | +0.011% | $47K | $355K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.50 | −0.048% | $155K | $377K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.53 | −0.032% | $1.5M | $1.1M | 10x | as long as short |
| Nado SKHY-PERP | +0.0027% | 1h | 186.68 | +0.046% | $32K | $28K | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 186.57 | −0.011% | $993K | $1.3M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.53 | −0.032% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.60 | +0.005% | $60K | $173K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.58 | −0.005% | — | $39K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 186.65 | +0.032% | $202K | $299K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 186.60 | +0.005% | $158.0M | $78.4M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 186.61 | +0.011% | $180K | $451K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 186.48 | −0.059% | $516K | $2.6M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0056% | 1h | 186.08 | −0.273% | $110K | $887K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.59 | 0.000% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.57 | −0.011% | $2.1M | $461K | 50x | as long as short |
| Phoenix SKHY | +0.0215% | 1h | 186.25 | −0.182% | $209K | $123K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0271% | 1h | 186.55 | −0.021% | $41K | $12K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0754% | 1h | 186.72 | +0.068% | $48K | $20K | 20x | as long as short |
Bitget SKHYUSDT
OKX SKHY-USDT-SWAP
edgeX SKHYUSDC
KuCoin SKHYUSDTM
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
Coinbase International SKHY-PERP-INTX
BloFin SKHY-USDT
Phoenix SKHY
SoDEX SKHY-USD
Kraken Futures PF_SKHYUSD