SKHY

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.1298%/8h= −142.1% APRnext payment −$12.98 per $10,000 · paid last 24h 0.000%

Price spread now: Bitget against Gate+0.134%7-day average +0.028% · you sell dearer than you buy

Net, funding: paid 7d − costs−$35as in the Funding arb table

Net, price: spread back to 7d avg − costs−$28as in the Price arb table

costs, in and out, $10k−$380.384% of the position

Long on Gate Short on Bitget

What this pair did over the last

the charts below follow

Funding, last 7 days+0.036%+$4 on $10k

Price spread, last 7 days−0.119%−$12 · spread now +0.134%, 7d avg +0.028%

Together, before fees−0.083%−$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Bitget is 0.106% dearer against Gate than usual: you sell high and buy low (spread +0.134% now, against its 7-day average of +0.028%): +$11 on $10k if it goes back. Holding the pair costs −$39 a day in funding at the current rate, which eats that in about 7 hours.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.036% in total (about 1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$12.98 per $10,000. 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	Gate SKHY_USDT	186.76	0	get 0.0000% / 8h	1h 23m	$25.6M	$20.5M	75x
Short	Bitget SKHYUSDT	187.01	−0.1298	pay 0.1298% / 8h	1h 23m	$25.1M	$31.7M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Bitget against Gate. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee GatebpFee BitgetbpOrdersPrice spread, now +0.134%Rate

Funding earned: −$272.58
Price spread: +0.134% → +0.028%: $10.57
Slippage, 4 orders: −$11.38
Fee Gate: 7.5 bp × 2 orders: −$15
Fee Bitget: 6 bp × 2 orders: −$12
Net: −$300.39
Costs to cover: 0.384%
Break-even: never at this rate

Slippage from Gate: live order book, 1 min ago; Bitget: live order book, 1 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 Gate live order book, 1 min ago	1.87 bp	10.4 bp −$10	21.1 bp −$211	28.0 bp −$2,795	51.4 bp −$25.7K
Sell Bitget live order book, 1 min ago	0.54 bp	8.7 bp −$9	14.2 bp −$142	25.9 bp −$2,585	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 SKHYUSDTshort	−0.1298%	8h	187.01	+0.134%	$25.1M	$31.7M	20x
edgeX SKHYUSDC	−0.0762%	4h	186.50	−0.141%	$562K	$290K	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	−0.0499%	1h	186.81	+0.027%	$49K	$343K	10x	as long as short
Nado SKHY-PERP	−0.0188%	1h	187.01	+0.134%	$33K	$28K	10x	as long as short
tradeXYZ xyz:SKHY	−0.0181%	1h	186.82	+0.032%	$158.7M	$74.7M	10x	as long as short
Popdex SKHYUSDT	−0.0168%	1h	186.73	−0.016%	$197K	$275K	20x	as long as short
Polymarket Perps SKHY-USD	−0.0165%	1h	186.67	−0.048%	$180K	$487K	10x	as long as short
Kraken Futures PF_SKHYUSD	−0.0139%	1h	186.78	+0.009%	$48K	$20K	20x	as long as short
Coinbase International SKHY-PERP-INTX	−0.0104%	1h	187.75	+0.530%	$63K	$901K	10x	as long as short
Lighter SKHY	−0.0080%	1h	186.80	+0.021%	$956K	$1.1M	10x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
QFEX SKHY-USD	−0.0049%	1h	186.76	0.000%	$1.2M	$4.2M	10x	as long as short
Ondo Perps SKHY-USD.P	−0.0041%	1h	186.39	−0.198%	$515K	$2.6M	10x	as long as short
Aster SKHYUSDT	0.0000%	8h	186.87	+0.058%	$226K	$919K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	186.74	−0.011%	$54K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	186.79	+0.017%	$199.3M	$439.9M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	186.84	+0.043%	$15.9M	$29.3M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	186.75	−0.005%	$44.6M	$77.7M	50x	as long as short
Gate SKHY_USDTlong	0.0000%	8h	186.76	long leg	$25.6M	$20.5M	75x
Variational Omni SKHY	0.0000%	8h	186.64	−0.063%	$1.6M	$1.0M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	186.51	−0.134%	$22K	$230K	10x	as long as short
SunX SKHY-USDT	0.0000%	8h	187.05	+0.155%	$685	$6.1M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	186.70	−0.032%	$155K	$367K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	186.69	−0.037%	$1.5M	$1.1M	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	186.78	+0.011%	$1.1M	$1.6M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	186.58	−0.096%	$59K	$165K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	186.84	+0.043%	—	$24K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	186.72	−0.021%	$41K	$13K	10x	as long as short
KuCoin SKHYUSDTM	+0.0081%	8h	186.72	−0.021%	$1.1M	$327K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	186.76	0.000%	$2K	$4K	10x	as long as short
BloFin SKHY-USDT	+0.0120%	8h	186.73	−0.016%	$2.2M	$422K	50x	as long as short
Phoenix SKHY	+0.0213%	1h	186.85	+0.048%	$209K	$115K	10x	as long as short