Funding you earn now, next payment 12:00 UTC+0.0300%/8h= +32.8% APRpaid last 24h +0.201%
Price spread now: Binance against edgeX+0.234%70s7-day average −0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs−$77as 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−$230.228% of the position
Funding, last 7 days−0.539%−$54 on $10k
+Price spread, last 4 days (all we have)−0.339%−$34 · spread now +0.234%, 7d avg −0.011%
=Together, before fees−0.878%+ Points / potential airdropedgeX: Active · farm board−$88 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and Binance is 0.245% dearer against edgeX than usual: you sell high and buy low: +$24 more if the spread goes back to its 7-day average of −0.011%. Mind the row above: over the last 7 days funding on this pair cost −0.539%, so the current rate has only just turned in your favour. The two prices were read 70 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 | edgeX SKHYUSDC | 186.22 | −0.0300 | get 0.0150% / 4h | 2h 16m | $561K | $291K | 10x |
| Short | Binance SKHYUSDT | 186.66 | 0 | get 0.0000% / 8h | 6h 16m | $197.2M | $467.3M | 50x |
edgeX SKHYUSDC
Binance SKHYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against edgeX. 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
- $62.98
- Price spread: +0.234% → −0.011%
- $24.48
- Slippage, 4 orders
- −$3.84
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $64.63
- Costs to cover
- 0.228%
- Break-even
- from the start
Slippage from edgeX: live order book, 35 min ago; Binance: live order book, 5 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 edgeX live order book, 35 min ago | 1.08 bp | 5.9 bp −$6 | 10.9 bp −$109 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.27 bp | 5.3 bp −$5 | 7.1 bp −$71 | 18.9 bp −$1,889 | 76.2 bp −$38.1K |
SKHY on 31 exchanges
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 | −0.0722% | 8h | 186.69 | +0.250% | $25.9M | $35.7M | 20x | as long as short |
| edgeX SKHYUSDClong | −0.0300% | 4h | 186.22 | long leg | $561K | $291K | 10x | |
| KuCoin SKHYUSDTM | −0.0142% | 8h | 186.57 | +0.186% | $1.1M | $442K | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0125% | 1h | 186.64 | +0.223% | $24K | $440K | 10x | as long as short |
| QFEX SKHY-USD | −0.0005% | 1h | 186.62 | +0.213% | $1.2M | $4.3M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.57 | +0.187% | $263K | $909K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.58 | +0.192% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDTshort | 0.0000% | 8h | 186.66 | +0.234% | $197.2M | $467.3M | 50x | |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.69 | +0.250% | $16.2M | $33.9M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.66 | +0.234% | $44.3M | $83.7M | 50x | as long as short |
Bitget SKHYUSDT
KuCoin SKHYUSDTM
Deribit SKHY_USDC-PERPETUAL
QFEX SKHY-USD
Aster SKHYUSDT
Extended SKHY-USD
Bybit SKHYUSDT
OKX SKHY-USDT-SWAPShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SKHY_USDT | 0.0000% | 8h | 186.59 | +0.196% | $25.2M | $21.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.23 | +0.001% | $1.5M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.28 | +0.030% | $22K | $249K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.94 | +0.384% | $684 | $5.6M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.58 | +0.191% | $155K | $375K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.64 | +0.223% | $1.5M | $1.1M | 10x | as long as short |
| Nado SKHY-PERP | +0.0001% | 1h | 186.79 | +0.302% | $32K | $28K | 10x | as long as short |
| tradeXYZ xyz:SKHY | +0.0031% | 1h | 186.63 | +0.218% | $158.0M | $77.7M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 186.62 | +0.213% | $986K | $1.3M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.62 | +0.213% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.62 | +0.213% | $60K | $129K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.58 | +0.191% | — | $39K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 186.70 | +0.255% | $198K | $299K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 186.62 | +0.213% | $180K | $381K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.47 | +0.132% | $41K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 186.28 | +0.030% | $521K | $2.5M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0056% | 1h | 186.08 | −0.077% | $110K | $884K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.61 | +0.207% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.32 | +0.051% | $2.2M | $448K | 50x | as long as short |
| Phoenix SKHY | +0.0257% | 1h | 186.49 | +0.143% | $209K | $123K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0755% | 1h | 186.56 | +0.183% | $51K | $36K | 20x | as long as short |
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Nado SKHY-PERP
tradeXYZ xyz:SKHY
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
Coinbase International SKHY-PERP-INTX
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD