Funding you earn now, next payment 04:00 UTC+0.0959%/8h= +105.0% APRpaid last 24h +0.141%
Price spread now: BloFin against edgeX+0.092%7-day average +0.014% · you sell dearer than you buy
Net, funding: paid 7d − costs−$61as in the Funding arb table
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$250.250% of the position
Funding, last 7 days−0.356%−$36 on $10k
+Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.092%, 7d avg +0.014%
=Together, before fees−0.473%+ Points / potential airdropedgeX: Active · farm board−$47 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and BloFin is 0.077% dearer against edgeX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.014%. Mind the row above: over the last 7 days funding on this pair cost −0.356%, so the current rate has only just turned in your favour.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.356% in total (about -18.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX SKHYUSDC | 192.88 | −0.0839 | get 0.0420% / 4h | 10m 38s | $581K | $292K | 10x |
| Short | BloFin SKHY-USDT | 193.06 | 0.0120 | get 0.0120% / 8h | 4h 10m | $2.3M | $438K | 50x |
edgeX SKHYUSDC
BloFin SKHY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $201.45
- Price spread: +0.092% → +0.014%
- $7.74
- Slippage, 4 orders
- −$4.03
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $184.17
- Costs to cover
- 0.250%
- Break-even
- 0.6 days
Slippage from edgeX: live order book, 48 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 edgeX live order book, 48 min ago | 1.29 bp | 6.2 bp −$6 | 11.8 bp −$118 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 2 min ago | 0.26 bp | 6.3 bp −$6 | 7.7 bp −$77 | 16.2 bp −$1,621 | 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 SKHYUSDClong | −0.0839% | 4h | 192.88 | long leg | $581K | $292K | 10x | |
| Coinbase International SKHY-PERP-INTX | −0.0048% | 1h | 192.84 | −0.022% | $45K | $861K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.05 | +0.085% | $249K | $889K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.00 | +0.059% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.06 | +0.092% | $203.8M | $394.4M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.02 | +0.071% | $15.7M | $27.7M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.04 | +0.081% | $46.8M | $70.1M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.00 | +0.061% | $25.8M | $18.9M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 192.95 | +0.034% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 192.92 | +0.019% | $23K | $205K | 10x | as long as short |
Coinbase International SKHY-PERP-INTX
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_PerpShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 193.27 | +0.201% | $708 | $6.2M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 193.01 | +0.066% | $49K | $322K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 192.95 | +0.035% | $161K | $370K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.07 | +0.097% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0015% | 1h | 192.98 | +0.050% | $1.2M | $3.9M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.93 | +0.024% | $1.0M | $698K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.93 | +0.024% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 193.03 | +0.076% | $60K | $161K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.00 | +0.061% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.07 | +0.097% | $202K | $256K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 192.93 | +0.024% | $161.3M | $67.9M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 192.93 | +0.024% | $189K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 192.99 | +0.056% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 192.90 | +0.009% | $577K | $2.4M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 193.00 | +0.061% | $1.1M | $316K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.02 | +0.071% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDTshort | +0.0120% | 8h | 193.06 | +0.092% | $2.3M | $438K | 50x | |
| Bitget SKHYUSDT | +0.0134% | 8h | 193.09 | +0.107% | $25.2M | $26.9M | 20x | as long as short |
| Nado SKHY-PERP | +0.0149% | 1h | 193.03 | +0.076% | $38K | $26K | 10x | as long as short |
| Phoenix SKHY | +0.0372% | 1h | 193.21 | +0.170% | $216K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.1058% | 1h | 193.09 | +0.105% | $49K | $19K | 20x | as long as short |
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
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
Bitget SKHYUSDT
Nado SKHY-PERP
Phoenix SKHY
Kraken Futures PF_SKHYUSD