Funding you earn now, next payment 16:00 UTC+0.0120%/8h= +13.1% APRnext payment +$1.20 per $10,000 · paid last 24h +0.036%
Price spread now: BloFin against Gate+0.059%48s7-day average +0.023% · you sell dearer than you buy
Net, funding: paid 7d − costs−$11as 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−$380.375% of the position
Funding, last 7 days+0.263%+$26 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.059%, 7d avg +0.023%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and BloFin is 0.036% dearer against Gate than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.023%. The two prices were read 48 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 | Gate SKHY_USDT | 186.19 | 0 | get 0.0000% / 8h | 6h 54m | $25.5M | $21.3M | 75x |
| Short | BloFin SKHY-USDT | 186.30 | 0.0120 | get 0.0120% / 8h | 6h 54m | $2.1M | $462K | 50x |
Gate SKHY_USDT
BloFin SKHY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Gate. 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
- $25.2
- Price spread: +0.059% → +0.023%
- $3.6
- Slippage, 4 orders
- −$10.52
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$8.72
- Costs to cover
- 0.375%
- Break-even
- 9.4 days
Slippage from Gate: live order book, 4 min ago; BloFin: live order book, 9 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, 4 min ago | 0.54 bp | 11.6 bp −$12 | 21.7 bp −$217 | 28.5 bp −$2,846 | 50.6 bp −$25.3K |
| Sell BloFin live order book, 9 min ago | 0.54 bp | 6.5 bp −$7 | 9.2 bp −$92 | 17.4 bp −$1,742 | 45.8 bp −$22.9K |
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 SKHYUSDT | −0.0971% | 8h | 186.17 | −0.011% | $25.6M | $35.5M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0196% | 4h | 186.52 | +0.177% | $562K | $289K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0180% | 8h | 186.14 | −0.027% | $1.1M | $403K | 20x | as long as short |
| QFEX SKHY-USD | −0.0005% | 1h | 186.14 | −0.027% | $1.2M | $4.3M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.31 | +0.065% | $266K | $909K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.11 | −0.041% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.19 | 0.000% | $197.1M | $468.8M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.22 | +0.016% | $15.7M | $33.6M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.25 | +0.032% | $44.2M | $83.2M | 50x | as long as short |
| Gate SKHY_USDTlong | 0.0000% | 8h | 186.19 | long leg | $25.5M | $21.3M | 75x |
Bitget SKHYUSDT
edgeX SKHYUSDC
KuCoin SKHYUSDTM
QFEX SKHY-USD
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKHY | 0.0000% | 8h | 186.51 | +0.171% | $1.5M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.66 | +0.252% | $22K | $249K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.45 | +0.140% | $682 | $5.7M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 186.14 | −0.027% | $47K | $355K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.09 | −0.054% | $154K | $377K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.19 | 0.000% | $1.5M | $1.1M | 10x | as long as short |
| Nado SKHY-PERP | +0.0009% | 1h | 186.33 | +0.073% | $32K | $28K | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 186.21 | +0.011% | $991K | $1.3M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.15 | −0.021% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.15 | −0.021% | $59K | $173K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.18 | −0.005% | — | $39K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 186.18 | −0.005% | $201K | $298K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 186.15 | −0.021% | $157.6M | $77.7M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 186.11 | −0.043% | $180K | $424K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.17 | −0.011% | $41K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 185.99 | −0.107% | $516K | $2.6M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0056% | 1h | 186.08 | −0.059% | $110K | $884K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.28 | +0.048% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDTshort | +0.0120% | 8h | 186.30 | +0.059% | $2.1M | $462K | 50x | |
| Phoenix SKHY | +0.0215% | 1h | 186.73 | +0.290% | $209K | $123K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0756% | 1h | 186.26 | +0.036% | $48K | $20K | 20x | as long as short |
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Nado SKHY-PERP
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
Coinbase International SKHY-PERP-INTX
Orderly PERP_SKHY_USDC_mythos
Phoenix SKHY
Kraken Futures PF_SKHYUSD