Funding you earn now, next payment 00:00 UTC−0.0921%/8h= −100.9% APRpaid last 24h −0.046%
Price spread now: edgeX against Coinbase International+1.161%77s7-day average −0.122% · you sell dearer than you buy
Net, funding: paid 7d − costs+$38as 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−$410.408% of the position
Funding, last 7 days+0.791%+$79 on $10k
+Price spread, last 3 days (all we have)−1.143%−$114 · spread now +1.161%, 7d avg −0.122%
=Together, before fees−0.352%+ Points / potential airdropedgeX: Active · farm board−$35 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 1.284% dearer against Coinbase International than usual: you sell high and buy low (spread +1.161% now, against its 7-day average of −0.122%): +$128 on $10k if it goes back. Holding the pair costs −$28 a day in funding at the current rate, which eats that in about 4.6 days. Mind the row above: over the last 7 days funding on this pair paid +0.791%, so the current rate has only just turned against you. The two prices were read 77 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 | Coinbase International SKHY-PERP-INTX | 190.51 | 0.0088 | pay 0.0011% / 1h | 45m 58s | $171K | $682K | 10x |
| Short | edgeX SKHYUSDC | 192.72 | −0.0833 | pay 0.0417% / 4h | 3h 45m | $581K | $290K | 10x |
Coinbase International SKHY-PERP-INTX
edgeX SKHYUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against Coinbase International. 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
- −$193.44
- Price spread: +1.161% → −0.122%
- $128.38
- Slippage, 4 orders
- −$21.77
- Fee Coinbase International: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$105.83
- Costs to cover
- 0.408%
- Break-even
- from the start
Slippage from Coinbase International: live order book, 27 min ago; edgeX: live order book, 28 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 Coinbase International live order book, 27 min ago | 8.98 bp | 15.0 bp −$15 | 19.4 bp −$194 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 28 min ago | 1.06 bp | 6.0 bp −$6 | 11.3 bp −$113 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDCshort | −0.0833% | 4h | 192.72 | +1.161% | $581K | $290K | 10x | |
| Nado SKHY-PERP | −0.0065% | 1h | 193.14 | +1.380% | $29K | $2K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 192.86 | +1.236% | $256K | $921K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.18 | +1.402% | $56K | $6K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.21 | +1.420% | $213.7M | $384.7M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.26 | +1.443% | $15.9M | $27.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.28 | +1.454% | $47.3M | $66.5M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.13 | +1.375% | $26.4M | $17.5M | 75x | as long as short |
| Bitget SKHYUSDT | 0.0000% | 8h | 193.25 | +1.438% | $25.8M | $26.6M | 20x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.22 | +1.420% | $1.6M | $2.3M | — | as long as short |
Nado SKHY-PERP
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Bitget SKHYUSDT
Variational Omni SKHYShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 193.46 | +1.548% | $708 | $7.0M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 193.12 | +1.370% | $160K | $396K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 192.97 | +1.291% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0005% | 1h | 193.18 | +1.402% | $1.2M | $5.3M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 193.06 | +1.339% | $1.0M | $620K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 193.01 | +1.312% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 192.99 | +1.302% | $57K | $155K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0045% | 8h | 193.03 | +1.323% | $1.1M | $276K | 20x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.21 | +1.417% | — | $13K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.24 | +1.433% | $197K | $256K | 20x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 193.25 | +1.438% | $611K | $1.6M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTXlong | +0.0088% | 1h | 190.51 | long leg | $171K | $682K | 10x | |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.19 | +1.407% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.42 | +1.527% | $2.3M | $429K | 50x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0268% | 1h | 193.26 | +1.443% | $46K | $259K | 10x | as long as short |
| GRVT SKHY_USDT_Perp | +0.0282% | 8h | 192.80 | +1.201% | $23K | $202K | 10x | as long as short |
| Phoenix SKHY | +0.0335% | 1h | 192.35 | +0.966% | $217K | $120K | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0396% | 1h | 193.15 | +1.386% | $200K | $416K | 10x | as long as short |
| tradeXYZ xyz:SKHY | +0.0500% | 1h | 193.09 | +1.354% | $166.9M | $65.2M | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0708% | 1h | 193.25 | +1.440% | $51K | $25K | 20x | as long as short |
| SoDEX SKHY-USD | +0.1184% | 1h | 193.14 | +1.381% | $43K | $13K | 10x | as long as short |
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Lighter SKHY
Lighter RH SKHY
Arcus SKHY-USD
KuCoin SKHYUSDTM
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Ondo Perps SKHY-USD.P
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
GRVT SKHY_USDT_Perp
Phoenix SKHY
Polymarket Perps SKHY-USD
tradeXYZ xyz:SKHY
Kraken Futures PF_SKHYUSD
SoDEX SKHY-USD