Funding you earn now, next payment 02:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.012%
Price spread now: HTX against Arcus−0.047%7-day average −0.001% · 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−$41as in the Price arb table
costs, in and out, $10k−$360.361% of the position
Funding, last 3 days (all we have)−0.070%−$7 on $10k
+Price spread, last 3 days (all we have)−0.018%−$2 · spread now −0.047%, 7d avg −0.001%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and HTX is 0.045% cheaper against Arcus than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.001%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus SKHY-USD | 192.78 | 0.0040 | pay 0.0005% / 1h | 37m 58s | $57K | $154K | 10x |
| Short | HTX SKHY-USDT | 192.69 | 0 | get 0.0000% / 8h | 6h 37m | $160K | $376K | 50x |
Arcus SKHY-USD
HTX SKHY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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: −0.047% → −0.001%
- −$4.54
- Slippage, 4 orders
- −$19.59
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$49.09
- Costs to cover
- 0.361%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 30 min ago; HTX: live order book, 30 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, 30 min ago | 3.36 bp | 8.1 bp −$8 | 16.6 bp −$166 | doesn't fit | doesn't fit |
| Sell HTX live order book, 30 min ago | 2.07 bp | 8.1 bp −$8 | 10.6 bp −$106 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0332% | 4h | 192.69 | −0.047% | $581K | $289K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 192.90 | +0.062% | $45K | $874K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 192.73 | −0.028% | $248K | $890K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 192.73 | −0.025% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 192.76 | −0.010% | $210.1M | $385.5M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 192.75 | −0.016% | $15.6M | $27.2M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 192.81 | +0.016% | $46.8M | $69.0M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 192.72 | −0.031% | $25.8M | $18.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 192.94 | +0.080% | $1.6M | $2.2M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 192.94 | +0.083% | $22K | $192K | 10x | as long as short |
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Aster SKHYUSDT
Extended SKHY-USD
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 | 193.05 | +0.140% | $707 | $6.6M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 192.72 | −0.031% | $48K | $270K | 10x | as long as short |
| HTX SKHY-USDTshort | 0.0000% | 8h | 192.69 | −0.047% | $160K | $376K | 50x | |
| Phemex SKHYUSDT | 0.0000% | 8h | 192.75 | −0.016% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0002% | 1h | 192.71 | −0.036% | $1.2M | $4.6M | 10x | as long as short |
| Nado SKHY-PERP | +0.0023% | 1h | 192.75 | −0.013% | $42K | $21K | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.61 | −0.088% | $1.0M | $683K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.59 | −0.099% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USDlong | +0.0040% | 1h | 192.78 | long leg | $57K | $154K | 10x | |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 192.72 | −0.031% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 192.76 | −0.010% | $197K | $257K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 192.66 | −0.062% | $162.7M | $65.3M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 192.66 | −0.062% | $188K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 192.70 | −0.041% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 192.91 | +0.067% | $533K | $1.8M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 192.75 | −0.016% | $1.1M | $279K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 192.75 | −0.016% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.08 | +0.156% | $2.3M | $445K | 50x | as long as short |
| Phoenix SKHY | +0.0331% | 1h | 192.94 | +0.083% | $216K | $123K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0360% | 8h | 192.80 | +0.010% | $25.5M | $26.4M | 20x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0707% | 1h | 192.81 | +0.015% | $51K | $17K | 20x | as long as short |
SunX SKHY-USDT
Deribit SKHY_USDC-PERPETUAL
Phemex SKHYUSDT
QFEX SKHY-USD
Nado SKHY-PERP
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
Phoenix SKHY
Bitget SKHYUSDT
Kraken Futures PF_SKHYUSD