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: OKX against BloFin0.000%7-day average −0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$24as in the Price arb table
costs, in and out, $10k−$250.249% of the position
Funding, last 7 days−0.207%−$21 on $10k
+Price spread, last 4 days (all we have)−0.025%−$2 · spread now 0.000%, 7d avg −0.013%
=The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin SKHY-USDT | 190.16 | 0.0120 | pay 0.0120% / 8h | 3h 37m | $2.2M | $436K | 50x |
| Short | OKX SKHY-USDT-SWAP | 190.16 | 0 | get 0.0000% / 8h | 3h 37m | $45.1M | $73.2M | 50x |
BloFin SKHY-USDT
OKX SKHY-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BloFin. 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
- −$25.2
- Price spread: 0.000% → −0.013%
- $1.26
- Slippage, 4 orders
- −$2.92
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$48.86
- Costs to cover
- 0.249%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 6 min ago; OKX: live order book, 2 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, 6 min ago | 0.52 bp | 7.3 bp −$7 | 8.9 bp −$89 | 9.1 bp −$912 | 14.6 bp −$7,310 |
| Sell OKX live order book, 2 min ago | 0.26 bp | 5.6 bp −$6 | 8.1 bp −$81 | 30.4 bp −$3,040 | 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 SKHYUSDC | −0.0312% | 4h | 189.89 | −0.143% | $572K | $290K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 192.84 | +1.409% | $45K | $861K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0002% | 1h | 190.01 | −0.079% | $158.9M | $69.1M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 190.13 | −0.015% | $247K | $893K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 190.06 | −0.054% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 190.18 | +0.009% | $199.8M | $404.4M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 190.18 | +0.011% | $15.3M | $28.6M | 100x | as long as short |
| OKX SKHY-USDT-SWAPshort | 0.0000% | 8h | 190.16 | 0.000% | $45.1M | $73.2M | 50x | |
| Gate SKHY_USDT | 0.0000% | 8h | 190.00 | −0.084% | $25.6M | $19.5M | 75x | as long as short |
| Bitget SKHYUSDT | 0.0000% | 8h | 190.19 | +0.016% | $24.5M | $28.4M | 20x | as long as short |
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
tradeXYZ xyz:SKHY
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
Gate SKHY_USDT
Bitget SKHYUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKHY | 0.0000% | 8h | 190.47 | +0.164% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 189.92 | −0.126% | $23K | $213K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 190.35 | +0.100% | $697 | $6.2M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 190.11 | −0.026% | $48K | $326K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 190.03 | −0.068% | $159K | $369K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 190.20 | +0.021% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0011% | 1h | 190.09 | −0.037% | $1.2M | $4.1M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 190.02 | −0.074% | $1.0M | $692K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 190.05 | −0.058% | $1.1M | $1.4M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 190.11 | −0.026% | $59K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 190.06 | −0.053% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 190.09 | −0.037% | $200K | $257K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 190.00 | −0.084% | $183K | $470K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 189.99 | −0.089% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 189.99 | −0.089% | $563K | $2.7M | 10x | as long as short |
| Nado SKHY-PERP | +0.0093% | 1h | 190.11 | −0.024% | $34K | $28K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 190.18 | +0.011% | $1.1M | $319K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 190.11 | −0.026% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDTlong | +0.0120% | 8h | 190.16 | long leg | $2.2M | $436K | 50x | |
| Phoenix SKHY | +0.0375% | 1h | 190.14 | −0.011% | $213K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0689% | 1h | 190.13 | −0.014% | $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
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
Nado SKHY-PERP
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
Phoenix SKHY
Kraken Futures PF_SKHYUSD