Funding you earn now, next payment 22:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.002%
Price spread now: Arcus against Aster+0.020%7-day average −0.030% · 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−$25as in the Price arb table
costs, in and out, $10k−$300.297% of the position
Funding, last 3 days (all we have)+0.057%+$6 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now +0.020%, 7d avg −0.030%
=Together, before fees+0.111%+ Points / potential airdropAster: Stage 5 · farm board+$11 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.050% dearer against Aster than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.030%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster SKHYUSDT | 188.39 | 0 | get 0.0000% / 8h | 2h 11m | $249K | $901K | 50x |
| Short | Arcus SKHY-USD | 188.43 | 0.0040 | get 0.0005% / 1h | 11m 09s | $55K | $157K | 10x |
Aster SKHYUSDT
Arcus SKHY-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Aster. 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: +0.020% → −0.030%
- $5.01
- Slippage, 4 orders
- −$17.23
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$16.27
- Costs to cover
- 0.297%
- Break-even
- 20.5 days
Slippage from Aster: live order book, 12 min ago; Arcus: live order book, 12 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 Aster live order book, 12 min ago | 1.06 bp | 7.3 bp −$7 | 7.9 bp −$79 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 12 min ago | 2.92 bp | 7.2 bp −$7 | 11.4 bp −$114 | 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 | −0.0461% | 4h | 188.46 | +0.039% | $568K | $291K | 10x | as long as short |
| Nado SKHY-PERP | −0.0071% | 1h | 188.42 | +0.013% | $28K | $2K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0059% | 8h | 188.36 | −0.017% | $1.1M | $316K | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.0014% | 1h | 188.36 | −0.017% | $164.3M | $64.8M | 10x | as long as short |
| QFEX SKHY-USD | −0.0003% | 1h | 188.39 | −0.001% | $1.2M | $5.2M | 10x | as long as short |
| Aster SKHYUSDTlong | 0.0000% | 8h | 188.39 | long leg | $249K | $901K | 50x | |
| Extended SKHY-USD | 0.0000% | 1h | 188.37 | −0.013% | $55K | $4K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 188.40 | +0.004% | $211.0M | $378.8M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 188.43 | +0.020% | $15.7M | $26.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 188.32 | −0.038% | $46.8M | $60.6M | 50x | as long as short |
edgeX SKHYUSDC
Nado SKHY-PERP
KuCoin SKHYUSDTM
tradeXYZ xyz:SKHY
QFEX SKHY-USD
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAPShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SKHY_USDT | 0.0000% | 8h | 188.39 | −0.001% | $26.0M | $17.9M | 75x | as long as short |
| Bitget SKHYUSDT | 0.0000% | 8h | 188.44 | +0.026% | $25.3M | $25.0M | 20x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 188.45 | +0.029% | $1.5M | $2.5M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.43 | +0.021% | $22K | $221K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 188.66 | +0.143% | $690 | $7.4M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | 0.0000% | 1h | 188.48 | +0.047% | $45K | $225K | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 188.33 | −0.033% | $154K | $400K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 188.40 | +0.005% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 188.36 | −0.017% | $1.0M | $714K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 188.28 | −0.059% | $1.1M | $1.4M | 10x | as long as short |
| Arcus SKHY-USDshort | +0.0040% | 1h | 188.43 | +0.020% | $55K | $157K | 10x | |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.39 | −0.001% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 188.40 | +0.005% | $202K | $241K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 188.30 | −0.049% | $186K | $923K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 188.40 | +0.005% | $42K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 188.43 | +0.020% | $523K | $909K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 188.42 | +0.015% | $2K | $5K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 188.45 | +0.031% | $2.2M | $432K | 50x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0184% | 1h | 188.65 | +0.137% | $168K | $677K | 10x | as long as short |
| Phoenix SKHY | +0.0297% | 1h | 188.57 | +0.095% | $213K | $128K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0615% | 1h | 188.57 | +0.097% | $50K | $24K | 20x | as long as short |
Gate SKHY_USDT
Bitget SKHYUSDT
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
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Coinbase International SKHY-PERP-INTX
Phoenix SKHY
Kraken Futures PF_SKHYUSD