Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Bybit against Binance+0.021%7-day average −0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$24as in the Funding arb table
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$280.278% of the position
Funding, last 7 days+0.041%+$4 on $10k
+Price spread, last 7 days−0.012%−$1 · spread now +0.021%, 7d avg −0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bybit is 0.023% dearer against Binance than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance SKHYUSDT | 189.14 | 0 | get 0.0000% / 8h | 2h 50m | $200.2M | $415.6M | 50x |
| Short | Bybit SKHYUSDT | 189.18 | 0 | get 0.0000% / 8h | 2h 50m | $15.5M | $29.4M | 100x |
Binance SKHYUSDT
Bybit SKHYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Binance. 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
- $0
- Price spread: +0.021% → −0.002%
- $2.31
- Slippage, 4 orders
- −$6.81
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$25.5
- Costs to cover
- 0.278%
- Break-even
- never at this rate
Slippage from Binance: live order book, 8 min ago; Bybit: live order book, 3 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 Binance live order book, 8 min ago | 0.26 bp | 5.4 bp −$5 | 6.9 bp −$69 | 21.5 bp −$2,149 | 70.4 bp −$35.2K |
| Sell Bybit live order book, 3 min ago | 0.79 bp | 8.5 bp −$9 | 17.6 bp −$176 | 93.6 bp −$9,362 | 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 | −0.0521% | 4h | 189.00 | −0.073% | $570K | $290K | 10x | as long as short |
| Bitget SKHYUSDT | −0.0498% | 8h | 189.27 | +0.069% | $24.5M | $29.7M | 20x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0120% | 1h | 189.25 | +0.058% | $48K | $333K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0024% | 1h | 189.12 | −0.011% | $43K | $876K | 10x | as long as short |
| Nado SKHY-PERP | −0.0022% | 1h | 189.34 | +0.107% | $33K | $28K | 10x | as long as short |
| QFEX SKHY-USD | −0.0014% | 1h | 189.15 | +0.005% | $1.2M | $4.1M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 189.27 | +0.068% | $243K | $897K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 189.09 | −0.026% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDTlong | 0.0000% | 8h | 189.14 | long leg | $200.2M | $415.6M | 50x | |
| Bybit SKHYUSDTshort | 0.0000% | 8h | 189.18 | +0.021% | $15.5M | $29.4M | 100x |
edgeX SKHYUSDC
Bitget SKHYUSDT
Deribit SKHY_USDC-PERPETUAL
Coinbase International SKHY-PERP-INTX
Nado SKHY-PERP
QFEX SKHY-USD
Aster SKHYUSDT
Extended SKHY-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 189.19 | +0.026% | $45.1M | $74.4M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 189.14 | 0.000% | $25.3M | $20.0M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 189.17 | +0.017% | $1.6M | $986K | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 189.07 | −0.037% | $22K | $218K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 189.49 | +0.185% | $694 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 189.11 | −0.016% | $157K | $368K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 189.14 | 0.000% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0024% | 1h | 189.11 | −0.016% | $998K | $731K | 10x | as long as short |
| tradeXYZ xyz:SKHY | +0.0027% | 1h | 189.16 | +0.011% | $158.6M | $70.4M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 189.12 | −0.011% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 189.06 | −0.042% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 189.31 | +0.090% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 189.17 | +0.016% | $199K | $259K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 189.18 | +0.021% | $182K | $472K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 189.19 | +0.026% | $42K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 189.04 | −0.053% | $527K | $2.6M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 189.12 | −0.011% | $1.1M | $314K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 189.27 | +0.069% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 189.11 | −0.016% | $2.2M | $441K | 50x | as long as short |
| Phoenix SKHY | +0.0254% | 1h | 189.43 | +0.153% | $212K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0259% | 1h | 189.26 | +0.061% | $48K | $19K | 20x | as long as short |
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
tradeXYZ xyz:SKHY
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD