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: BloFin against Bybit+0.011%102s7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$8as 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−$290.287% of the position
Funding, last 7 days+0.210%+$21 on $10k
+Price spread, last 4 days (all we have)−0.005%−$1 · spread now +0.011%, 7d avg +0.004%
=The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate. The two prices were read 102 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 | Bybit SKHYUSDT | 188.84 | 0 | get 0.0000% / 8h | 3h 05m | $15.4M | $29.1M | 100x |
| Short | BloFin SKHY-USDT | 188.86 | 0.0120 | get 0.0120% / 8h | 3h 05m | $2.2M | $437K | 50x |
Bybit SKHYUSDT
BloFin SKHY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Bybit. 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: +0.011% → +0.004%
- $0.66
- Slippage, 4 orders
- −$5.68
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$2.82
- Costs to cover
- 0.287%
- Break-even
- 7.8 days
Slippage from Bybit: live order book, 3 min ago; BloFin: 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 Bybit live order book, 3 min ago | 0.53 bp | 7.2 bp −$7 | 11.1 bp −$111 | 71.9 bp −$7,193 | doesn't fit |
| Sell BloFin live order book, 2 min ago | 0.26 bp | 6.6 bp −$7 | 9.8 bp −$98 | 23.7 bp −$2,367 | 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 | −0.0318% | 8h | 188.91 | +0.037% | $24.3M | $29.4M | 20x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 189.86 | +0.540% | $36K | $876K | 10x | as long as short |
| edgeX SKHYUSDC | −0.0055% | 4h | 188.56 | −0.148% | $568K | $290K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0017% | 1h | 188.78 | −0.032% | $158.4M | $70.0M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 188.82 | −0.008% | $244K | $895K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 188.70 | −0.076% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 188.79 | −0.026% | $199.2M | $412.3M | 50x | as long as short |
| Bybit SKHYUSDTlong | 0.0000% | 8h | 188.84 | long leg | $15.4M | $29.1M | 100x | |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 188.82 | −0.011% | $44.7M | $73.7M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 188.72 | −0.064% | $25.2M | $19.9M | 75x | as long as short |
Bitget SKHYUSDT
Coinbase International SKHY-PERP-INTX
edgeX SKHYUSDC
tradeXYZ xyz:SKHY
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
OKX SKHY-USDT-SWAP
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 | +0.043% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.81 | −0.014% | $22K | $216K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.28 | +0.233% | $693 | $6.2M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 189.00 | +0.085% | $48K | $330K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 188.92 | +0.042% | $157K | $370K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 189.05 | +0.111% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0008% | 1h | 188.75 | −0.048% | $995K | $747K | 10x | as long as short |
| QFEX SKHY-USD | +0.0011% | 1h | 188.80 | −0.021% | $1.2M | $4.1M | 10x | as long as short |
| Nado SKHY-PERP | +0.0014% | 1h | 188.90 | +0.033% | $33K | $28K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 188.77 | −0.037% | $1.0M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 188.80 | −0.021% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.87 | +0.016% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 188.80 | −0.021% | $199K | $257K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 188.69 | −0.079% | $182K | $472K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 188.90 | +0.032% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 188.78 | −0.032% | $526K | $2.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 188.83 | −0.005% | $1.1M | $312K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 189.04 | +0.106% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDTshort | +0.0120% | 8h | 188.86 | +0.011% | $2.2M | $437K | 50x | |
| Phoenix SKHY | +0.0375% | 1h | 189.01 | +0.090% | $212K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0693% | 1h | 189.02 | +0.095% | $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
Phoenix SKHY
Kraken Futures PF_SKHYUSD