SKHY

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0080%/8h= −8.8% APRnext payment −$0.10 per $10,000 · paid last 24h −0.002%

Price spread now: Coinbase International against Popdex−0.005%7-day average +0.105% · 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−$42as in the Price arb table

costs, in and out, $10k−$310.307% of the position

Long on Popdex Short on Coinbase International

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)−0.039%−$4 on $10k

Price spread, last 3 days (all we have)−0.084%−$8 · spread now −0.005%, 7d avg +0.105%

Together, before fees−0.123%−$12 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Coinbase International is 0.110% cheaper against Popdex than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.105%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Popdex SKHYUSDT	192.91	0.0048	pay 0.0006% / 1h	49m 04s	$198K	$255K	20x
Short	Coinbase International SKHY-PERP-INTX	192.90	−0.0032	pay 0.0004% / 1h	49m 04s	$45K	$874K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Coinbase International against Popdex. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PopdexbpFee Coinbase InternationalbpOrdersPrice spread, now −0.005%Rate

Funding earned: −$16.8
Price spread: −0.005% → +0.105%: −$10.99
Slippage, 4 orders: −$14.27
Fee Popdex: 3.2 bp × 2 orders: −$6.4
Fee Coinbase International: 5 bp × 2 orders: −$10
Net: −$58.46
Costs to cover: 0.307%
Break-even: never at this rate

Slippage from Popdex: live order book, 15 min ago; Coinbase International: live order book, 14 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, 15 min ago	1.04 bp	4.6 bp −$5	8.5 bp −$85	doesn't fit	doesn't fit
Sell Coinbase International live order book, 14 min ago	4.41 bp	10.6 bp −$11	17.9 bp −$179	doesn't fit	doesn't fit

SKHY on 30 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	−0.0107%	4h	193.03	+0.061%	$582K	$290K	10x	as long as short
Coinbase International SKHY-PERP-INTXshort	−0.0032%	1h	192.90	−0.005%	$45K	$874K	10x
Aster SKHYUSDT	0.0000%	8h	192.79	−0.062%	$248K	$890K	50x	as long as short
Extended SKHY-USD	0.0000%	1h	192.81	−0.053%	$56K	$7K	10x	as long as short
Binance SKHYUSDT	0.0000%	8h	192.74	−0.089%	$208.2M	$385.3M	50x	as long as short
Bybit SKHYUSDT	0.0000%	8h	192.76	−0.078%	$15.7M	$27.3M	100x	as long as short
OKX SKHY-USDT-SWAP	0.0000%	8h	192.76	−0.078%	$46.8M	$69.2M	50x	as long as short
Gate SKHY_USDT	0.0000%	8h	192.72	−0.098%	$25.8M	$18.9M	75x	as long as short
Variational Omni SKHY	0.0000%	8h	193.08	+0.087%	$1.6M	$1.3M	—	as long as short
GRVT SKHY_USDT_Perp	0.0000%	8h	193.09	+0.093%	$22K	$193K	10x	as long as short

Show all 30 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX SKHY-USDT	0.0000%	8h	193.17	+0.135%	$707	$6.4M	10x	as long as short
HTX SKHY-USDT	0.0000%	8h	192.80	−0.057%	$160K	$368K	50x	as long as short
Phemex SKHYUSDT	0.0000%	8h	192.98	+0.036%	$1.5M	$1.1M	10x	as long as short
QFEX SKHY-USD	+0.0004%	1h	192.85	−0.031%	$1.2M	$4.3M	10x	as long as short
Lighter SKHY	+0.0032%	1h	192.64	−0.140%	$1.0M	$686K	10x	as long as short
Lighter RH SKHY	+0.0032%	1h	192.66	−0.130%	$1.1M	$1.5M	10x	as long as short
Arcus SKHY-USD	+0.0040%	1h	192.99	+0.041%	$57K	$154K	10x	as long as short
Vest SKHY-USD-PERP	+0.0046%	1h	192.91	0.000%	—	$11K	10x	as long as short
Popdex SKHYUSDTlong	+0.0048%	1h	192.91	long leg	$198K	$255K	20x
tradeXYZ xyz:SKHY	+0.0050%	1h	192.66	−0.130%	$161.8M	$66.4M	10x	as long as short
Polymarket Perps SKHY-USD	+0.0050%	1h	192.78	−0.067%	$188K	$456K	10x	as long as short
SoDEX SKHY-USD	+0.0050%	1h	192.83	−0.041%	$43K	$13K	10x	as long as short
Ondo Perps SKHY-USD.P	+0.0050%	1h	192.91	0.000%	$569K	$2.1M	10x	as long as short
KuCoin SKHYUSDTM	+0.0100%	8h	192.79	−0.062%	$1.1M	$290K	20x	as long as short
Orderly PERP_SKHY_USDC_mythos	+0.0100%	8h	192.88	−0.016%	$2K	$4K	10x	as long as short
Deribit SKHY_USDC-PERPETUAL	+0.0113%	1h	192.86	−0.026%	$48K	$285K	10x	as long as short
Nado SKHY-PERP	+0.0127%	1h	192.85	−0.031%	$38K	$26K	10x	as long as short
Bitget SKHYUSDT	+0.0218%	8h	192.90	−0.005%	$25.6M	$26.4M	20x	as long as short
Phoenix SKHY	+0.0332%	1h	193.23	+0.166%	$216K	$124K	10x	as long as short
Kraken Futures PF_SKHYUSD	+0.0546%	1h	192.97	+0.033%	$51K	$17K	20x	as long as short