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: Gate against Phemex−0.011%7-day average −0.023% · you buy dearer than you sell
Net, funding: paid 7d − costs−$118as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1181.180% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.011%, 7d avg −0.023%
=| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex SKHYUSDT | 186.24 | 0 | get 0.0000% / 8h | 7m 30s | $1.5M | $1.1M | 10x |
| Short | Gate SKHY_USDT | 186.22 | 0 | get 0.0000% / 8h | 7m 30s | $25.5M | $21.1M | 75x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against Phemex. 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: −0.011% → −0.023%
- $1.25
- Slippage, 4 orders
- −$91.02
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$116.77
- Costs to cover
- 1.180%
- Break-even
- never at this rate
Slippage from Phemex: live order book, just now; Gate: 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 Phemex live order book, just now | 1.88 bp | 45.8 bp −$46 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 1.61 bp | 12.9 bp −$13 | 23.0 bp −$230 | 49.9 bp −$4,986 | 88.7 bp −$44.4K |
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 | −0.1249% | 8h | 186.45 | +0.113% | $25.6M | $33.5M | 20x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0266% | 1h | 186.37 | +0.068% | $48K | $21K | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.0130% | 1h | 186.20 | −0.021% | $158.1M | $76.8M | 10x | as long as short |
| Nado SKHY-PERP | −0.0118% | 1h | 186.30 | +0.034% | $33K | $28K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 187.58 | +0.720% | $68K | $799K | 10x | as long as short |
| QFEX SKHY-USD | −0.0061% | 1h | 186.21 | −0.016% | $1.2M | $4.3M | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0058% | 8h | 186.19 | −0.027% | $1.1M | $349K | 20x | as long as short |
| Polymarket Perps SKHY-USD | −0.0044% | 1h | 186.16 | −0.043% | $180K | $486K | 10x | as long as short |
| edgeX SKHYUSDC | −0.0018% | 4h | 186.11 | −0.067% | $561K | $290K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.28 | +0.024% | $225K | $899K | 50x | 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 | 0.0000% | 1h | 186.20 | −0.023% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.25 | +0.005% | $199.8M | $453.0M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.26 | +0.011% | $16.6M | $29.5M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.24 | 0.000% | $44.5M | $80.0M | 50x | as long as short |
| Popdex SKHYUSDT | 0.0000% | 1h | 186.25 | +0.005% | $204K | $287K | 20x | as long as short |
| Gate SKHY_USDTshort | 0.0000% | 8h | 186.22 | −0.011% | $25.5M | $21.1M | 75x | |
| Variational Omni SKHY | 0.0000% | 8h | 186.12 | −0.064% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.15 | −0.048% | $22K | $238K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.50 | +0.140% | $683 | $6.1M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 186.29 | +0.027% | $49K | $348K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.15 | −0.048% | $154K | $363K | 50x | as long as short |
| Phemex SKHYUSDTlong | 0.0000% | 8h | 186.24 | long leg | $1.5M | $1.1M | 10x | |
| Lighter SKHY | +0.0016% | 1h | 186.20 | −0.021% | $973K | $1.2M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.17 | −0.038% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.18 | −0.032% | $60K | $171K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.13 | −0.059% | — | $32K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.20 | −0.021% | $41K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 186.05 | −0.102% | $520K | $2.6M | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.23 | −0.005% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.27 | +0.016% | $2.2M | $426K | 50x | as long as short |
| Phoenix SKHY | +0.0129% | 1h | 186.40 | +0.086% | $209K | $123K | 10x | as long as short |
Phemex SKHYUSDT
Gate SKHY_USDT
Bitget SKHYUSDT
Kraken Futures PF_SKHYUSD
tradeXYZ xyz:SKHY
Coinbase International SKHY-PERP-INTX
KuCoin SKHYUSDTM
Polymarket Perps SKHY-USD
edgeX SKHYUSDC
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Popdex SKHYUSDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Lighter SKHY
Lighter RH SKHY
SoDEX SKHY-USD
BloFin SKHY-USDT
Phoenix SKHY