Funding you earn now, next payment 06:00 UTC+0.0096%/8h= +10.5% APRpaid last 24h +0.022%
Price spread now: BloFin against Popdex−0.133%7-day average −0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$250.254% of the position
Funding, last 4 days (all we have)+0.107%+$11 on $10k
+Price spread, last 4 days (all we have)+0.067%+$7 · spread now −0.133%, 7d avg −0.001%
=Funding pays, the price is against you. BloFin is 0.132% cheaper against Popdex than usual: you would sell low and buy high (spread −0.133% now, against its 7-day average of −0.001%). If the spread goes back, that is −$13 on $10k: about 4.6 days of funding at the current rate (+$3 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Popdex SKHYUSDT | 187.93 | 0.0024 | pay 0.0003% / 1h | 7m 48s | $197K | $273K | 20x |
| Short | BloFin SKHY-USDT | 187.68 | 0.0120 | get 0.0120% / 8h | 2h 07m | $2.1M | $416K | 50x |
Popdex SKHYUSDT
BloFin SKHY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Popdex. 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
- $20.16
- Price spread: −0.133% → −0.001%
- −$13.21
- Slippage, 4 orders
- −$7.04
- Fee Popdex: 3.2 bp × 2 orders
- −$6.4
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$18.49
- Costs to cover
- 0.254%
- Break-even
- 13.4 days
Slippage from Popdex: live order book, 41 min ago; BloFin: 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 Popdex live order book, 41 min ago | 2.38 bp | 6.1 bp −$6 | 9.6 bp −$96 | doesn't fit | doesn't fit |
| Sell BloFin live order book, 5 min ago | 0.53 bp | 6.5 bp −$7 | 7.7 bp −$77 | 21.0 bp −$2,104 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDT | −0.1192% | 8h | 188.02 | +0.048% | $25.2M | $31.4M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0388% | 1h | 187.92 | −0.005% | $48K | $336K | 10x | as long as short |
| edgeX SKHYUSDC | −0.0375% | 4h | 187.52 | −0.217% | $565K | $290K | 10x | as long as short |
| Nado SKHY-PERP | −0.0146% | 1h | 188.00 | +0.039% | $33K | $28K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0119% | 1h | 188.01 | +0.043% | $159.5M | $74.1M | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0095% | 1h | 187.78 | −0.080% | $181K | $487K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0024% | 1h | 187.32 | −0.325% | $61K | $897K | 10x | as long as short |
| QFEX SKHY-USD | −0.0014% | 1h | 187.87 | −0.032% | $1.2M | $4.1M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.0010% | 1h | 187.65 | −0.149% | $516K | $2.6M | 10x | as long as short |
| Lighter SKHY | −0.0008% | 1h | 188.01 | +0.043% | $931K | $1.1M | 10x | as long as short |
Bitget SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
edgeX SKHYUSDC
Nado SKHY-PERP
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
Coinbase International SKHY-PERP-INTX
QFEX SKHY-USD
Ondo Perps SKHY-USD.P
Lighter SKHYShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster SKHYUSDT | 0.0000% | 8h | 188.07 | +0.074% | $229K | $916K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 187.89 | −0.023% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 188.04 | +0.060% | $201.7M | $434.3M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 188.00 | +0.037% | $15.9M | $30.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 188.03 | +0.053% | $44.8M | $77.6M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 187.96 | +0.016% | $25.3M | $20.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 187.51 | −0.222% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 187.67 | −0.141% | $22K | $223K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 188.10 | +0.090% | $688 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 187.71 | −0.117% | $156K | $371K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 187.88 | −0.027% | $1.5M | $1.1M | 10x | as long as short |
| Popdex SKHYUSDTlong | +0.0024% | 1h | 187.93 | long leg | $197K | $273K | 20x | |
| Lighter RH SKHY | +0.0032% | 1h | 187.96 | +0.016% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 187.52 | −0.218% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 187.94 | +0.005% | — | $12K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 187.80 | −0.069% | $41K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 187.90 | −0.016% | $1.1M | $323K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 187.91 | −0.011% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDTshort | +0.0120% | 8h | 187.68 | −0.133% | $2.1M | $416K | 50x | |
| Phoenix SKHY | +0.0254% | 1h | 188.02 | +0.048% | $211K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0260% | 1h | 187.95 | +0.008% | $47K | $19K | 20x | as long as short |
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
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
SoDEX SKHY-USD
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
Phoenix SKHY
Kraken Futures PF_SKHYUSD