Funding you earn now, next payment 07:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h −0.020%
Price spread now: Deribit against Arcus+0.043%7-day average +0.042% · 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−$50as in the Price arb table
costs, in and out, $10k−$500.502% of the position
Funding, last 4 days (all we have)−0.079%−$8 on $10k
+Price spread, last 4 days (all we have)−0.053%−$5 · spread now +0.043%, 7d avg +0.042%
=The price spread sits at its 7-day average of +0.042%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus SKHY-USD | 186.29 | 0.0040 | pay 0.0005% / 1h | 1m 35s | $60K | $170K | 10x |
| Short | Deribit SKHY_USDC-PERPETUAL | 186.37 | 0 | get 0.0000% / 1h | 1m 35s | $49K | $345K | 10x |
Arcus SKHY-USD
Deribit SKHY_USDC-PERPETUALFunding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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: +0.043% → +0.042%
- $0.14
- Slippage, 4 orders
- −$38.68
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$58.5
- Costs to cover
- 0.502%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 42 min ago; Deribit: live order book, 42 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, 42 min ago | 2.95 bp | 11.2 bp −$11 | 21.0 bp −$210 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 42 min ago | 6.16 bp | 14.8 bp −$15 | 17.7 bp −$177 | doesn't fit | 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 | −0.1325% | 8h | 186.46 | +0.091% | $25.2M | $32.6M | 20x | as long as short |
| Popdex SKHYUSDT | −0.0208% | 1h | 186.26 | −0.016% | $203K | $284K | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.0200% | 1h | 186.21 | −0.043% | $158.3M | $76.4M | 10x | as long as short |
| edgeX SKHYUSDC | −0.0197% | 4h | 186.21 | −0.043% | $561K | $291K | 10x | as long as short |
| Nado SKHY-PERP | −0.0197% | 1h | 186.37 | +0.044% | $33K | $28K | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0169% | 1h | 186.22 | −0.038% | $180K | $487K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0139% | 1h | 186.33 | +0.023% | $48K | $21K | 20x | as long as short |
| Lighter SKHY | −0.0104% | 1h | 186.17 | −0.064% | $974K | $1.2M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 187.58 | +0.692% | $68K | $905K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.0074% | 1h | 186.13 | −0.086% | $520K | $2.6M | 10x | as long as short |
Bitget SKHYUSDT
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
edgeX SKHYUSDC
Nado SKHY-PERP
Polymarket Perps SKHY-USD
Kraken Futures PF_SKHYUSD
Lighter SKHY
Coinbase International SKHY-PERP-INTX
Ondo Perps SKHY-USD.PShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX SKHY-USD | −0.0049% | 1h | 186.23 | −0.032% | $1.2M | $4.2M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.36 | +0.036% | $224K | $925K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.21 | −0.043% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.27 | −0.013% | $199.9M | $447.9M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.28 | −0.005% | $16.5M | $29.7M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.25 | −0.021% | $44.6M | $78.4M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.24 | −0.027% | $25.6M | $20.9M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.54 | +0.135% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.15 | −0.075% | $22K | $231K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.51 | +0.118% | $683 | $6.1M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUALshort | 0.0000% | 1h | 186.37 | +0.043% | $49K | $345K | 10x | |
| HTX SKHY-USDT | 0.0000% | 8h | 186.23 | −0.032% | $154K | $366K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.30 | +0.005% | $1.5M | $1.1M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0015% | 8h | 186.34 | +0.027% | $1.1M | $325K | 20x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.16 | −0.070% | $1.1M | $1.7M | 10x | as long as short |
| Arcus SKHY-USDlong | +0.0040% | 1h | 186.29 | long leg | $60K | $170K | 10x | |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.22 | −0.038% | — | $32K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.22 | −0.038% | $41K | $12K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.30 | +0.005% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.19 | −0.054% | $2.2M | $422K | 50x | as long as short |
| Phoenix SKHY | +0.0213% | 1h | 186.82 | +0.285% | $209K | $115K | 10x | as long as short |
QFEX SKHY-USD
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
KuCoin SKHYUSDTM
Lighter RH SKHY
Vest SKHY-USD-PERP
SoDEX SKHY-USD
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY