Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Phemex against HTX+0.010%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$111as in the Funding arb table
Net, price: spread back to 7d avg − costs−$113as in the Price arb table
costs, in and out, $10k−$1111.107% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 3 days (all we have)+0.005%$0 · spread now +0.010%, 7d avg +0.032%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Phemex is 0.022% cheaper against HTX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.032%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX SKHY-USDT | 193.02 | 0 | get 0.0000% / 8h | 6h 56m | $160K | $377K | 50x |
| Short | Phemex SKHYUSDT | 193.04 | 0 | get 0.0000% / 8h | 6h 56m | $1.5M | $1.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phemex 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
- $0
- Price spread: +0.010% → +0.032%
- −$2.2
- Slippage, 4 orders
- −$86.71
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Phemex: 6 bp × 2 orders
- −$12
- Net
- −$112.92
- Costs to cover
- 1.107%
- Break-even
- never at this rate
Slippage from HTX: live order book, 12 min ago; Phemex: live order book, 2 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, 12 min ago | 2.07 bp | 8.1 bp −$8 | 12.3 bp −$123 | doesn't fit | doesn't fit |
| Sell Phemex live order book, 2 min ago | 2.33 bp | 39.5 bp −$40 | doesn't fit | 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 SKHYUSDC | −0.0430% | 4h | 193.23 | +0.109% | $582K | $289K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 193.24 | +0.114% | $54K | $870K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.13 | +0.058% | $248K | $890K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.02 | +0.002% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.05 | +0.017% | $211.2M | $384.8M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.09 | +0.036% | $15.7M | $27.2M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.09 | +0.036% | $46.9M | $68.6M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.02 | 0.000% | $25.8M | $18.6M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.04 | +0.008% | $1.7M | $2.3M | — | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 193.38 | +0.187% | $708 | $6.7M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 193.02 | 0.000% | $48K | $270K | 10x | as long as short |
| HTX SKHY-USDTlong | 0.0000% | 8h | 193.02 | long leg | $160K | $377K | 50x | |
| Phemex SKHYUSDTshort | 0.0000% | 8h | 193.04 | +0.010% | $1.5M | $1.1M | 10x | |
| QFEX SKHY-USD | +0.0002% | 1h | 193.01 | −0.005% | $1.2M | $4.9M | 10x | as long as short |
| Nado SKHY-PERP | +0.0012% | 1h | 193.07 | +0.024% | $44K | $20K | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.96 | −0.031% | $1.0M | $654K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.96 | −0.031% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 193.15 | +0.067% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.08 | +0.031% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.02 | 0.000% | $197K | $256K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 193.02 | 0.000% | $163.3M | $66.7M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 192.95 | −0.036% | $190K | $454K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 193.06 | +0.021% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 193.09 | +0.036% | $541K | $1.7M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 193.13 | +0.057% | $1.1M | $279K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.10 | +0.041% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.08 | +0.031% | $2.2M | $445K | 50x | as long as short |
| GRVT SKHY_USDT_Perp | +0.0296% | 8h | 193.22 | +0.104% | $23K | $191K | 10x | as long as short |
| Phoenix SKHY | +0.0335% | 1h | 193.48 | +0.238% | $217K | $123K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0425% | 8h | 193.08 | +0.031% | $25.6M | $26.5M | 20x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0706% | 1h | 193.11 | +0.047% | $51K | $17K | 20x | as long as short |
HTX SKHY-USDT
Phemex 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
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
KuCoin SKHYUSDTM
BloFin SKHY-USDT
GRVT SKHY_USDT_Perp
Phoenix SKHY
Bitget SKHYUSDT
Kraken Futures PF_SKHYUSD