Funding you earn now, next payment 10:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.012%
Price spread now: Bybit against Arcus+0.016%46s7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$300.298% of the position
Funding, last 4 days (all we have)−0.041%−$4 on $10k
+Price spread, last 4 days (all we have)−0.087%−$9 · spread now +0.016%, 7d avg +0.022%
=The price spread sits at its 7-day average of +0.022%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus SKHY-USD | 186.53 | 0.0040 | pay 0.0005% / 1h | 57m 55s | $60K | $173K | 10x |
| Short | Bybit SKHYUSDT | 186.56 | 0 | get 0.0000% / 8h | 6h 57m | $16.0M | $33.4M | 100x |
Arcus SKHY-USD
Bybit SKHYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Arcus. 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
- −$8.46
- Price spread: +0.016% → +0.022%
- −$0.6
- Slippage, 4 orders
- −$14.32
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$38.88
- Costs to cover
- 0.298%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 35 min ago; Bybit: 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 Arcus live order book, 35 min ago | 2.44 bp | 6.5 bp −$7 | 10.6 bp −$106 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 0.27 bp | 7.8 bp −$8 | 12.5 bp −$125 | 90.2 bp −$9,025 | 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 | −0.0998% | 8h | 186.51 | −0.011% | $25.6M | $35.4M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0465% | 4h | 186.10 | −0.230% | $561K | $291K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0186% | 8h | 186.49 | −0.021% | $1.1M | $400K | 20x | as long as short |
| QFEX SKHY-USD | −0.0005% | 1h | 186.61 | +0.043% | $1.2M | $4.3M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.55 | +0.009% | $266K | $949K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.48 | −0.027% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.55 | +0.010% | $197.5M | $468.4M | 50x | as long as short |
| Bybit SKHYUSDTshort | 0.0000% | 8h | 186.56 | +0.016% | $16.0M | $33.4M | 100x | |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.53 | 0.000% | $44.3M | $83.2M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.47 | −0.032% | $25.5M | $21.3M | 75x | as long as short |
Bitget SKHYUSDT
edgeX SKHYUSDC
KuCoin SKHYUSDTM
QFEX SKHY-USD
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni SKHY | 0.0000% | 8h | 186.05 | −0.257% | $1.5M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.06 | −0.252% | $22K | $247K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.79 | +0.139% | $684 | $5.8M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 186.63 | +0.054% | $47K | $355K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.42 | −0.059% | $154K | $377K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.49 | −0.021% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 186.56 | +0.016% | $993K | $1.3M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.45 | −0.043% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USDlong | +0.0040% | 1h | 186.53 | long leg | $60K | $173K | 10x | |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.51 | −0.011% | — | $39K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 186.64 | +0.059% | $200K | $299K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 186.48 | −0.027% | $157.9M | $78.4M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 186.57 | +0.021% | $180K | $451K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 185.78 | −0.402% | $514K | $2.6M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0056% | 1h | 186.08 | −0.241% | $110K | $887K | 10x | as long as short |
| Nado SKHY-PERP | +0.0092% | 1h | 186.46 | −0.037% | $32K | $28K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.59 | +0.032% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.46 | −0.038% | $2.1M | $459K | 50x | as long as short |
| Phoenix SKHY | +0.0215% | 1h | 186.25 | −0.150% | $209K | $123K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0436% | 1h | 186.46 | −0.038% | $41K | $12K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0755% | 1h | 186.66 | +0.072% | $48K | $20K | 20x | as long as short |
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Vest SKHY-USD-PERP
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
Ondo Perps SKHY-USD.P
Coinbase International SKHY-PERP-INTX
Nado SKHY-PERP
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
SoDEX SKHY-USD
Kraken Futures PF_SKHYUSD