SKHX Funding Rate — live across 3 venues

Perpetual funding · compared across 3 venues · net of estimated fees · updated every few minutes

Live annualized SKHX perpetual funding across all 3 venues Perpia tracks. Right now SKHX funding is positive on 0 and negative on 3, ranging from -17.4% on Sodex to -149.8% on Hyperliquid — a spread of 132.5%. The widest delta-neutral trade is long Hyperliquid / short Sodex at 130.0% net APR.

3venues

0paying positive

132.5%funding spread

Best SKHX spread now

130.0%

net APR after fees

LongHyperliquid↗→ShortSodex↗

size depends on live venue depth — see the real cap in the scanner

SKHX funding trend & liquidity

168h of history

132.5%current gross APR

22.8%24h average

39.4%7-day average

$41Kpair OI · lower leg

$13K24h volume · lower leg

Averages are historical funding over the window shown. A current rate near the 7-day average may indicate the spread has persisted; a rate far above it is usually a short-lived spike. OI and volume are the smaller (binding) leg of the best pair — the ceiling on tradeable size.

SKHX · Hyperliquid → Sodex — no history

Loading SKHX rate history…

Build a route

any two of the 3 venues

Long (pays you)every 1hShort (you collect)every 1h

Gross spread+132.5%+$36.29 / day on $10,000

Widest routes

This is the widest route right now. The number is gross: fees, the entry spread and slippage are not in it, and both legs must be tradeable for you. The scanner carries the same pairs net of costs.

Venues: pick the two legs

sorted by rate · 3 venues

Venue	Funding APR ↓	Interval
Sodex↗short	−17.4%	every 1h
trade.xyz↗	−148.0%	every 1h
Hyperliquid↗long	−149.8%	every 1h

Rates annualized; updated ~every few minutes from live venue data. Venue names link to that exchange's full funding table; ↗ opens the market on the exchange itself. Every spread between these two venues is on the Hyperliquid vs Sodex page. 2 pairs scanned for SKHX.

SKHX arbitrage — 30-day backtest

long Hyperliquid · short Sodex

26.8%backtested APR

+$221historical net P&L on $10,000

0.06%max drawdown

$10,000$10,221

30 days agostarting capital $10,000today

Over the last 30 days, holding long Hyperliquid / short Sodex would have produced 26.8% APR — versus the 130.0% the live spread implies right now (equity $10,000 → $10,221). This is a backtest on historical funding, not a live result: funding drifts and decays, so backtested results rarely match the current headline rate — which is why size and holding window matter more than the top-line number.

Open full interactive backtest →

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SKHX — FAQ

Is SKHX funding positive right now?

SKHX perpetual funding is positive on 0 of 3 venues Perpia tracks and negative on 3. The highest is -17.4% on Sodex; the lowest is -149.8% on Hyperliquid.

What is the best SKHX funding arbitrage right now?

Go long Hyperliquid and short Sodex for about 130.0% net APR after fees — the widest delta-neutral SKHX spread Perpia currently sees.

Which exchange has the highest SKHX funding rate?

Sodex, at -17.4% annualized. Funding shifts continuously, so check the live table above before trading.

How SKHX funding arbitrage works

Funding arbitrage combines opposing positions on two venues — long the one paying the most negative funding, short the one paying the most positive — to reduce directional exposure and capture the difference between their funding payments. Fees, slippage, basis divergence and liquidation risk can reduce the result. See the methodology for how it is measured and the guide for the full walkthrough.

Markets related to SKHX

also quoted on both Hyperliquid and Sodex

The same two exchanges you would already have funded for the SKHX trade. Every spread between them is on the Hyperliquid vs Sodex page.

Open the live scanner →All funding rates Funding by exchange How we calculate this