Funding you earn now, next payment 16:00 UTC−0.0021%/8h= −2.3% APRnext payment −$0.21 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against HTX+0.039%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$27as in the Funding arb table
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$290.286% of the position
Funding, last 7 days+0.011%+$1 on $10k
+Price spread, last 4 days (all we have)+0.068%+$7 · spread now +0.039%, 7d avg +0.018%
=The price spread pays, funding is against you. Binance is 0.020% dearer against HTX than usual: you sell high and buy low (spread +0.039% now, against its 7-day average of +0.018%): +$2 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 3.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SKHY-USDT | 184.89 | −0.0007 | get 0.0007% / 8h | 7h 36m | $153K | $370K | 50x |
| Short | Binance SKHYUSDT | 184.96 | −0.0028 | pay 0.0028% / 8h | 7h 36m | $197.7M | $461.2M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against HTX. 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
- −$4.39
- Price spread: +0.039% → +0.018%
- $2.02
- Slippage, 4 orders
- −$6.58
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$30.96
- Costs to cover
- 0.286%
- Break-even
- never at this rate
Slippage from HTX: live order book, 61 min ago; Binance: live order book, 7 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 HTX live order book, 61 min ago | 2.68 bp | 8.7 bp −$9 | 13.7 bp −$137 | doesn't fit | doesn't fit |
| Sell Binance live order book, 7 min ago | 0.27 bp | 5.3 bp −$5 | 7.6 bp −$76 | 17.4 bp −$1,740 | 96.6 bp −$48.3K |
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 | −0.1247% | 8h | 185.05 | +0.087% | $25.5M | $34.7M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0952% | 4h | 184.87 | −0.010% | $557K | $290K | 10x | as long as short |
| GRVT SKHY_USDT_Perp | −0.0445% | 8h | 184.94 | +0.029% | $22K | $243K | 10x | as long as short |
| Bybit SKHYUSDT | −0.0222% | 8h | 184.88 | −0.005% | $16.4M | $32.5M | 100x | as long as short |
| KuCoin SKHYUSDTM | −0.0219% | 8h | 184.98 | +0.049% | $1.1M | $365K | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.0135% | 1h | 184.91 | +0.011% | $157.0M | $77.7M | 10x | as long as short |
| Nado SKHY-PERP | −0.0096% | 1h | 184.97 | +0.045% | $33K | $28K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.0067% | 1h | 184.93 | +0.022% | $514K | $2.6M | 10x | as long as short |
| Binance SKHYUSDTshort | −0.0028% | 8h | 184.96 | +0.039% | $197.7M | $461.2M | 50x | |
| QFEX SKHY-USD | −0.0028% | 1h | 184.98 | +0.049% | $1.2M | $4.3M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SKHY-USD | −0.0024% | 1h | 184.95 | +0.034% | $54K | $7K | 10x | as long as short |
| HTX SKHY-USDTlong | −0.0007% | 8h | 184.89 | long leg | $153K | $370K | 50x | |
| Aster SKHYUSDT | 0.0000% | 8h | 184.94 | +0.027% | $229K | $951K | 50x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 184.78 | −0.059% | $43.9M | $81.7M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 184.86 | −0.016% | $25.8M | $21.2M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 185.15 | +0.143% | $1.6M | $1.0M | — | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 185.28 | +0.211% | $678 | $5.9M | 10x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 185.02 | +0.070% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0008% | 1h | 184.93 | +0.022% | $985K | $1.3M | 10x | as long as short |
| Popdex SKHYUSDT | +0.0008% | 1h | 185.01 | +0.065% | $201K | $288K | 20x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0024% | 1h | 187.58 | +1.455% | $68K | $784K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 184.88 | −0.005% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 184.93 | +0.022% | $59K | $171K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 184.88 | −0.005% | — | $34K | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 184.95 | +0.032% | $179K | $451K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 184.92 | +0.016% | $41K | $12K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0074% | 1h | 185.04 | +0.081% | $47K | $353K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0092% | 8h | 184.98 | +0.049% | $2.1M | $437K | 50x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 184.96 | +0.038% | $2K | $4K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0171% | 1h | 185.07 | +0.100% | $48K | $20K | 20x | as long as short |
| Phoenix SKHY | +0.0215% | 1h | 185.14 | +0.135% | $207K | $123K | 10x | as long as short |
HTX SKHY-USDT
Binance SKHYUSDT
Bitget SKHYUSDT
edgeX SKHYUSDC
GRVT SKHY_USDT_Perp
Bybit SKHYUSDT
KuCoin SKHYUSDTM
tradeXYZ xyz:SKHY
Extended SKHY-USD
Aster SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
SunX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Popdex SKHYUSDT
Coinbase International SKHY-PERP-INTX
Lighter RH SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Deribit SKHY_USDC-PERPETUAL
BloFin SKHY-USDT
Kraken Futures PF_SKHYUSD
Phoenix SKHY