Funding you earn now, next payment 10:00 UTC−0.0231%/8h= −25.2% APRpaid last 24h −0.198%
Price spread now: edgeX against QFEX−0.112%7-day average +0.010% · 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−$37as in the Price arb table
costs, in and out, $10k−$240.244% of the position
Funding, last 4 days (all we have)+0.285%+$28 on $10k
+Price spread, last 4 days (all we have)+0.350%+$35 · spread now −0.112%, 7d avg +0.010%
=Together, before fees+0.635%+ Points / potential airdropedgeX: Active · farm board+$63 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and edgeX is 0.122% cheaper against QFEX than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.010%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.285%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX SKHY-USD | 188.00 | −0.0005 | get 0.0001% / 1h | 1m 25s | $1.2M | $4.3M | 10x |
| Short | edgeX SKHYUSDC | 187.79 | −0.0235 | pay 0.0118% / 4h | 2h 01m | $566K | $287K | 10x |
QFEX SKHY-USD
edgeX SKHYUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX against QFEX. 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
- −$48.41
- Price spread: −0.112% → +0.010%
- −$12.24
- Slippage, 4 orders
- −$5.44
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$85.09
- Costs to cover
- 0.244%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 5 min ago; edgeX: live order book, 50 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 QFEX live order book, 5 min ago | 1.33 bp | 6.3 bp −$6 | 7.3 bp −$73 | 19.4 bp −$1,944 | doesn't fit |
| Sell edgeX live order book, 50 min ago | 1.08 bp | 5.9 bp −$6 | 11.3 bp −$113 | doesn't fit | doesn't fit |
SKHY on 31 exchanges
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 | −0.0639% | 8h | 188.16 | +0.085% | $26.0M | $36.3M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0494% | 1h | 187.97 | −0.016% | $24K | $441K | 10x | as long as short |
| edgeX SKHYUSDCshort | −0.0235% | 4h | 187.79 | −0.112% | $566K | $287K | 10x | |
| KuCoin SKHYUSDTM | −0.0118% | 8h | 188.05 | +0.027% | $1.1M | $461K | 20x | as long as short |
| Nado SKHY-PERP | −0.0027% | 1h | 188.20 | +0.104% | $33K | $28K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0005% | 1h | 188.05 | +0.027% | $158.7M | $78.0M | 10x | as long as short |
| QFEX SKHY-USDlong | −0.0005% | 1h | 188.00 | long leg | $1.2M | $4.3M | 10x | |
| Aster SKHYUSDT | 0.0000% | 8h | 188.12 | +0.065% | $264K | $912K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 187.99 | −0.005% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 188.08 | +0.043% | $198.6M | $472.6M | 50x | as long as short |
Bitget SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
KuCoin SKHYUSDTM
Nado SKHY-PERP
tradeXYZ xyz:SKHY
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDTShow all 31 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SKHYUSDT | 0.0000% | 8h | 188.09 | +0.048% | $16.3M | $34.1M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 188.12 | +0.064% | $44.6M | $85.5M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 187.97 | −0.016% | $25.3M | $22.0M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 187.79 | −0.111% | $1.5M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.07 | +0.038% | $22K | $246K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 188.23 | +0.122% | $689 | $5.5M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 187.90 | −0.053% | $156K | $376K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 187.91 | −0.048% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 188.03 | +0.016% | $993K | $1.4M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 187.97 | −0.016% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 188.03 | +0.016% | $60K | $132K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.10 | +0.053% | — | $39K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 188.10 | +0.053% | $203K | $310K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 188.05 | +0.027% | $183K | $352K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 187.91 | −0.048% | $42K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 187.84 | −0.085% | $524K | $2.5M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0056% | 1h | 186.08 | −1.021% | $110K | $772K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 187.95 | −0.027% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 188.16 | +0.085% | $2.2M | $460K | 50x | as long as short |
| Phoenix SKHY | +0.0257% | 1h | 188.11 | +0.059% | $211K | $123K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0750% | 1h | 187.90 | −0.054% | $51K | $36K | 20x | as long as short |
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 SKHY
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
Coinbase International SKHY-PERP-INTX
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD