SKHY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0120%/8h= −13.1% APRnext payment −$1.20 per $10,000 · paid last 24h −0.036%

Price spread now: Gate against BloFin−0.062%93s7-day average −0.025% · you buy dearer than you sell

Net, funding: paid 7d − costs−$60as 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−$360.364% of the position

Long on BloFin Short on Gate

What this pair did over the last

the charts below follow

Funding, last 7 days−0.231%−$23 on $10k

Price spread, last 4 days (all we have)+0.025%+$2 · spread now −0.062%, 7d avg −0.025%

Together, before fees−0.206%−$21 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Gate is 0.037% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.025%). Swap the legs. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BloFin SKHY-USDT	192.71	0.0120	pay 0.0120% / 8h	4h 05m	$2.3M	$437K	50x
Short	Gate SKHY_USDT	192.59	0	get 0.0000% / 8h	4h 05m	$25.8M	$19.0M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Gate against BloFin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BloFinbpFee GatebpOrdersPrice spread, now −0.062%Rate

Funding earned: −$25.2
Price spread: −0.062% → −0.025%: −$3.7
Slippage, 4 orders: −$9.42
Fee BloFin: 6 bp × 2 orders: −$12
Fee Gate: 7.5 bp × 2 orders: −$15
Net: −$65.33
Costs to cover: 0.364%
Break-even: never at this rate

Slippage from BloFin: live order book, 2 min ago; Gate: 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 BloFin live order book, 2 min ago	0.26 bp	6.3 bp −$6	7.6 bp −$76	18.0 bp −$1,798	doesn't fit
Sell Gate live order book, 3 min ago	1.56 bp	11.2 bp −$11	23.6 bp −$236	62.6 bp −$6,261	117.6 bp −$58.8K

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 SKHYUSDC	−0.0608%	4h	192.72	+0.006%	$581K	$290K	10x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0048%	1h	192.84	+0.067%	$45K	$861K	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	192.66	−0.025%	$248K	$889K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	192.60	−0.056%	$56K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	192.61	−0.054%	$203.1M	$394.7M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	192.59	−0.062%	$15.6M	$27.7M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	192.61	−0.052%	$46.7M	$70.0M	50x	as long as short
Gate SKHY_USDTshort	0.0000%	8h	192.59	−0.062%	$25.8M	$19.0M	75x
Variational Omni SKHY	0.0000%	8h	192.60	−0.056%	$1.6M	$1.1M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	192.71	+0.002%	$22K	$206K	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SKHY-USDT	0.0000%	8h	192.91	+0.104%	$706	$6.2M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	192.56	−0.078%	$161K	$370K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	192.70	−0.005%	$1.5M	$1.1M	10x	as long as short
QFEX SKHY-USD	+0.0015%	1h	192.58	−0.067%	$1.2M	$3.9M	10x	as long as short
Lighter SKHY	+0.0032%	1h	192.57	−0.073%	$1.0M	$704K	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	192.56	−0.078%	$1.1M	$1.6M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	192.79	+0.042%	$59K	$161K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	192.68	−0.016%	—	$12K	10x	as long as short
Popdex SKHYUSDT	+0.0048%	1h	192.61	−0.052%	$202K	$256K	20x	as long as short
tradeXYZ xyz:SKHY	+0.0050%	1h	192.57	−0.073%	$161.0M	$67.9M	10x	as long as short
Polymarket Perps SKHY-USD	+0.0050%	1h	192.55	−0.083%	$188K	$456K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	192.65	−0.031%	$43K	$13K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	192.56	−0.078%	$576K	$2.4M	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	+0.0062%	1h	192.66	−0.026%	$49K	$323K	10x	as long as short
KuCoin SKHYUSDTM	+0.0100%	8h	192.68	−0.016%	$1.1M	$319K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	192.66	−0.026%	$2K	$4K	10x	as long as short
Bitget SKHYUSDT	+0.0101%	8h	192.68	−0.016%	$25.2M	$26.9M	20x	as long as short
BloFin SKHY-USDTlong	+0.0120%	8h	192.71	long leg	$2.3M	$437K	50x
Nado SKHY-PERP	+0.0148%	1h	192.65	−0.029%	$38K	$26K	10x	as long as short
Phoenix SKHY	+0.0372%	1h	193.19	+0.249%	$216K	$124K	10x	as long as short
Kraken Futures PF_SKHYUSD	+0.1060%	1h	192.67	−0.023%	$49K	$19K	20x	as long as short