Funding you earn now, next payment 22:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.005%
Price spread now: Arcus against Bitget+0.016%7-day average −0.028% · 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−$32as in the Price arb table
costs, in and out, $10k−$370.366% of the position
Funding, last 3 days (all we have)+0.061%+$6 on $10k
+Price spread, last 4 days (all we have)−0.038%−$4 · spread now +0.016%, 7d avg −0.028%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.044% dearer against Bitget than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of −0.028%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SKHYUSDT | 188.38 | 0 | get 0.0000% / 8h | 2h 09m | $25.3M | $25.0M | 20x |
| Short | Arcus SKHY-USD | 188.41 | 0.0040 | get 0.0005% / 1h | 9m 16s | $55K | $157K | 10x |
Bitget SKHYUSDT
Arcus SKHY-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Bitget. 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: +0.016% → −0.028%
- $4.42
- Slippage, 4 orders
- −$20.11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$23.74
- Costs to cover
- 0.366%
- Break-even
- 26.6 days
Slippage from Bitget: live order book, 10 min ago; Arcus: live order book, 14 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 Bitget live order book, 10 min ago | 0.80 bp | 11.2 bp −$11 | 17.5 bp −$175 | 27.7 bp −$2,767 | 43.0 bp −$21.5K |
| Sell Arcus live order book, 14 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 | −0.0991% | 4h | 188.39 | +0.008% | $568K | $289K | 10x | as long as short |
| Nado SKHY-PERP | −0.0074% | 1h | 188.42 | +0.024% | $28K | $2K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0068% | 1h | 188.35 | −0.016% | $45K | $225K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0061% | 8h | 188.37 | −0.005% | $1.1M | $316K | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.0017% | 1h | 188.34 | −0.021% | $164.2M | $64.8M | 10x | as long as short |
| QFEX SKHY-USD | −0.0003% | 1h | 188.41 | +0.016% | $1.2M | $5.2M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 188.40 | +0.012% | $250K | $901K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 188.37 | −0.007% | $55K | $4K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 188.40 | +0.010% | $211.0M | $378.8M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 188.39 | +0.005% | $15.7M | $26.4M | 100x | as long as short |
edgeX SKHYUSDC
Nado SKHY-PERP
Deribit SKHY_USDC-PERPETUAL
KuCoin SKHYUSDTM
tradeXYZ xyz:SKHY
QFEX SKHY-USD
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDTShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 188.35 | −0.016% | $46.8M | $60.6M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 188.36 | −0.011% | $26.0M | $17.9M | 75x | as long as short |
| Bitget SKHYUSDTlong | 0.0000% | 8h | 188.38 | long leg | $25.3M | $25.0M | 20x | |
| Variational Omni SKHY | 0.0000% | 8h | 188.39 | +0.006% | $1.5M | $2.5M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.36 | −0.010% | $22K | $221K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 188.66 | +0.149% | $690 | $7.4M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 188.33 | −0.027% | $154K | $400K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 188.38 | 0.000% | $1.5M | $1.1M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 188.33 | −0.027% | $1.0M | $714K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 188.28 | −0.053% | $1.1M | $1.4M | 10x | as long as short |
| Arcus SKHY-USDshort | +0.0040% | 1h | 188.41 | +0.016% | $55K | $157K | 10x | |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.39 | +0.005% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 188.40 | +0.011% | $202K | $241K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 188.28 | −0.053% | $186K | $923K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 188.37 | −0.005% | $42K | $12K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 188.43 | +0.027% | $523K | $909K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 188.40 | +0.011% | $2K | $5K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 188.35 | −0.016% | $2.2M | $432K | 50x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0184% | 1h | 188.65 | +0.143% | $168K | $677K | 10x | as long as short |
| Phoenix SKHY | +0.0297% | 1h | 188.52 | +0.074% | $213K | $128K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0615% | 1h | 188.54 | +0.087% | $50K | $24K | 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
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