Funding you earn now, next payment 08:00 UTC+0.0188%/8h= +20.6% APRnext payment +$1.88 per $10,000 · paid last 24h 0.000%
Price spread now: Bitget against HTX+0.098%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$31as in the Funding arb table
Net, price: spread back to 7d avg − costs−$28as in the Price arb table
costs, in and out, $10k−$340.343% of the position
Funding, last 7 days+0.036%+$4 on $10k
+Price spread, last 4 days (all we have)+0.024%+$2 · spread now +0.098%, 7d avg +0.032%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bitget is 0.067% dearer against HTX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.032%.
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 +$1.88 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 | HTX SKHY-USDT | 193.05 | 0 | get 0.0000% / 8h | 5h 03m | $161K | $368K | 50x |
| Short | Bitget SKHYUSDT | 193.24 | 0.0188 | get 0.0188% / 8h | 5h 03m | $25.4M | $26.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $39.48
- Price spread: +0.098% → +0.032%
- $6.66
- Slippage, 4 orders
- −$10.29
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $11.84
- Costs to cover
- 0.343%
- Break-even
- 4.9 days
Slippage from HTX: live order book, 59 min ago; Bitget: live order book, 5 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, 59 min ago | 2.85 bp | 8.9 bp −$9 | 12.6 bp −$126 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 0.78 bp | 7.8 bp −$8 | 15.9 bp −$159 | 20.7 bp −$2,074 | 38.5 bp −$19.3K |
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0964% | 4h | 193.03 | −0.011% | $582K | $291K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0032% | 1h | 192.90 | −0.078% | $45K | $874K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.08 | +0.018% | $249K | $889K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.16 | +0.058% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.18 | +0.067% | $205.4M | $393.4M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.20 | +0.078% | $15.8M | $27.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.16 | +0.057% | $46.7M | $70.0M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.13 | +0.041% | $25.8M | $19.2M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.16 | +0.056% | $1.6M | $1.2M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 192.98 | −0.035% | $22K | $198K | 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 | 193.51 | +0.238% | $708 | $6.3M | 10x | as long as short |
| HTX SKHY-USDTlong | 0.0000% | 8h | 193.05 | long leg | $161K | $368K | 50x | |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.21 | +0.083% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0004% | 1h | 193.17 | +0.062% | $1.2M | $4.3M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 193.04 | −0.005% | $1.0M | $696K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 193.03 | −0.010% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 193.10 | +0.026% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.17 | +0.062% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.20 | +0.078% | $201K | $257K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 193.06 | +0.005% | $161.5M | $67.5M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 193.09 | +0.021% | $189K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 193.16 | +0.057% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 192.99 | −0.031% | $567K | $2.2M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 193.07 | +0.010% | $1.1M | $297K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.17 | +0.062% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.22 | +0.088% | $2.3M | $438K | 50x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0164% | 1h | 193.22 | +0.088% | $49K | $306K | 10x | as long as short |
| Nado SKHY-PERP | +0.0169% | 1h | 193.21 | +0.083% | $38K | $26K | 10x | as long as short |
| Bitget SKHYUSDTshort | +0.0188% | 8h | 193.24 | +0.098% | $25.4M | $26.9M | 20x | |
| Phoenix SKHY | +0.0332% | 1h | 193.15 | +0.052% | $216K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0545% | 1h | 193.29 | +0.124% | $51K | $17K | 20x | as long as short |
HTX SKHY-USDT
Bitget SKHYUSDT
edgeX SKHYUSDC
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
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
Phoenix SKHY
Kraken Futures PF_SKHYUSD