Funding you earn now, next payment 04:00 UTC+0.0926%/8h= +101.4% APRpaid last 24h +0.113%
Price spread now: tradeXYZ against edgeX−0.005%106s7-day average −0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$94as 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−$300.301% of the position
Funding, last 7 days−0.637%−$64 on $10k
+Price spread, last 4 days (all we have)−0.385%−$39 · spread now −0.005%, 7d avg −0.022%
=Together, before fees−1.022%+ Points / potential airdropedgeX: Active · tradeXYZ: Active · farm board−$102 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.022%, so right now this pair is about funding alone: +$28 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.637%, so the current rate has only just turned in your favour. The two prices were read 106 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.637% in total (about -33.2% 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 | 193.20 | −0.0876 | get 0.0438% / 4h | 59m 40s | $582K | $291K | 10x |
| Short | tradeXYZ xyz:SKHY | 193.19 | 0.0050 | get 0.0006% / 1h | 59m 40s | $161.6M | $67.6M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $194.46
- Price spread: −0.005% → −0.022%
- $1.71
- Slippage, 4 orders
- −$3.15
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $166.03
- Costs to cover
- 0.301%
- Break-even
- 1.0 days
Slippage from edgeX: live order book, 64 min ago; tradeXYZ: live order book, 10 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, 64 min ago | 1.04 bp | 5.8 bp −$6 | 11.3 bp −$113 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 10 min ago | 0.26 bp | 9.3 bp −$9 | 10.5 bp −$105 | 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 SKHYUSDClong | −0.0876% | 4h | 193.20 | long leg | $582K | $291K | 10x | |
| Coinbase International SKHY-PERP-INTX | −0.0032% | 1h | 192.90 | −0.155% | $45K | $869K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.24 | +0.021% | $249K | $889K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.23 | +0.016% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.28 | +0.041% | $205.1M | $392.5M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.30 | +0.052% | $15.8M | $27.5M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.27 | +0.036% | $46.7M | $70.0M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.24 | +0.021% | $25.8M | $18.7M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.28 | +0.039% | $1.6M | $1.2M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 193.24 | +0.021% | $23K | $199K | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 193.57 | +0.191% | $708 | $6.3M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 193.12 | −0.042% | $161K | $368K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.29 | +0.046% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0004% | 1h | 193.20 | 0.000% | $1.2M | $4.3M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 193.19 | −0.005% | $1.0M | $684K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 193.14 | −0.031% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 193.20 | 0.000% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.23 | +0.015% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.29 | +0.046% | $201K | $257K | 20x | as long as short |
| tradeXYZ xyz:SKHYshort | +0.0050% | 1h | 193.19 | −0.005% | $161.6M | $67.6M | 10x | |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 193.19 | −0.005% | $189K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 193.24 | +0.021% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 193.26 | +0.031% | $575K | $2.3M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 193.21 | +0.005% | $1.1M | $298K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.27 | +0.036% | $2K | $4K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0112% | 1h | 193.33 | +0.067% | $49K | $306K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.34 | +0.072% | $2.2M | $438K | 50x | as long as short |
| Nado SKHY-PERP | +0.0171% | 1h | 193.26 | +0.029% | $38K | $26K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0204% | 8h | 193.32 | +0.062% | $25.4M | $26.8M | 20x | as long as short |
| Phoenix SKHY | +0.0332% | 1h | 193.40 | +0.103% | $217K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0545% | 1h | 193.38 | +0.096% | $51K | $17K | 20x | as long as short |
edgeX SKHYUSDC
tradeXYZ xyz:SKHY
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_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
KuCoin SKHYUSDTM
Deribit SKHY_USDC-PERPETUAL
BloFin SKHY-USDT
Bitget SKHYUSDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD