Funding you earn now, next payment 04:00 UTC−0.0040%/8h= −4.4% APRnext payment −$0.05 per $10,000 · paid last 24h −0.012%
Price spread now: Extended against Arcus−0.109%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Extended is 0.109% cheaper against Arcus than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus SKHY-USD | 193.21 | 0.0040 | pay 0.0005% / 1h | 16m 56s | $60K | $161K | 10x |
| Short | Extended SKHY-USD | 193.00 | 0 | get 0.0000% / 1h | 16m 56s | $56K | $7K | 10x |
Arcus SKHY-USD
Extended SKHY-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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: −0.109% → 0.000%
- −$10.89
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$28.85
- Costs to cover
- 0.095%
- Break-even
- never at this rate
Slippage unknown: Arcus: live order book, 41 min ago; Extended: no order-book sample. Net counts fees only.
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, 41 min ago | 6.21 bp | 9.4 bp −$9 | 17.9 bp −$179 | doesn't fit | doesn't fit |
| Sell Extended no order-book sample | — | — | — | — | — |
Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0673% | 4h | 193.19 | −0.012% | $582K | $291K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0048% | 1h | 192.84 | −0.192% | $45K | $861K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.04 | −0.090% | $249K | $889K | 50x | as long as short |
| Extended SKHY-USDshort | 0.0000% | 1h | 193.00 | −0.109% | $56K | $7K | 10x | |
| Binance SKHYUSDT | 0.0000% | 8h | 193.05 | −0.085% | $203.9M | $393.9M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.04 | −0.088% | $15.7M | $27.6M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.06 | −0.078% | $46.8M | $70.1M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.03 | −0.093% | $25.8M | $18.9M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.39 | +0.093% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 193.17 | −0.021% | $23K | $204K | 10x | as long as short |
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Aster SKHYUSDT
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_PerpShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 193.34 | +0.067% | $708 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 192.99 | −0.114% | $161K | $369K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.09 | −0.062% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0015% | 1h | 193.05 | −0.083% | $1.2M | $4.0M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.93 | −0.145% | $1.0M | $688K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.92 | −0.150% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USDlong | +0.0040% | 1h | 193.21 | long leg | $60K | $161K | 10x | |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.05 | −0.083% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.06 | −0.078% | $202K | $255K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 192.97 | −0.124% | $161.4M | $67.9M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 192.95 | −0.135% | $189K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 193.05 | −0.083% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 193.09 | −0.062% | $599K | $2.4M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 193.03 | −0.093% | $1.1M | $314K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.05 | −0.083% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.06 | −0.078% | $2.3M | $437K | 50x | as long as short |
| Nado SKHY-PERP | +0.0151% | 1h | 193.11 | −0.054% | $38K | $26K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0161% | 8h | 193.11 | −0.052% | $25.2M | $26.9M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0165% | 1h | 193.06 | −0.078% | $49K | $321K | 10x | as long as short |
| Phoenix SKHY | +0.0372% | 1h | 193.37 | +0.083% | $217K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.1058% | 1h | 193.07 | −0.073% | $49K | $19K | 20x | as long as short |
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Lighter SKHY
Lighter RH SKHY
Vest SKHY-USD-PERP
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Nado SKHY-PERP
Bitget SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
Phoenix SKHY
Kraken Futures PF_SKHYUSD