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: Binance against Bybit−0.027%7-day average +0.002% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$290.289% of the position
Funding, last 7 days−0.041%−$4 on $10k
+Price spread, last 7 days+0.018%+$2 · spread now −0.027%, 7d avg +0.002%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.029% cheaper against Bybit than usual: you would sell low and buy high, −$3 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 | Bybit SKHYUSDT | 186.79 | 0 | get 0.0000% / 8h | 2h 30m | $15.5M | $29.7M | 100x |
| Short | Binance SKHYUSDT | 186.74 | 0 | get 0.0000% / 8h | 2h 30m | $198.6M | $423.7M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bybit. 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: −0.027% → +0.002%
- −$2.88
- Slippage, 4 orders
- −$7.88
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$31.76
- Costs to cover
- 0.289%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 3 min ago; Binance: live order book, 13 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 Bybit live order book, 3 min ago | 0.27 bp | 8.0 bp −$8 | 17.3 bp −$173 | 98.4 bp −$9,843 | doesn't fit |
| Sell Binance live order book, 13 min ago | 0.27 bp | 6.2 bp −$6 | 8.7 bp −$87 | 20.6 bp −$2,058 | 105.8 bp −$52.9K |
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 | −0.0986% | 4h | 186.53 | −0.138% | $562K | $292K | 10x | as long as short |
| Bitget SKHYUSDT | −0.0903% | 8h | 186.80 | +0.005% | $24.6M | $30.3M | 20x | as long as short |
| Nado SKHY-PERP | −0.0099% | 1h | 186.70 | −0.047% | $33K | $28K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0070% | 1h | 186.69 | −0.054% | $157.7M | $72.8M | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0050% | 1h | 186.54 | −0.134% | $180K | $487K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0024% | 1h | 186.71 | −0.043% | $47K | $875K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0018% | 1h | 186.70 | −0.048% | $48K | $334K | 10x | as long as short |
| QFEX SKHY-USD | −0.0014% | 1h | 186.66 | −0.070% | $1.2M | $4.1M | 10x | as long as short |
| Lighter SKHY | 0.0000% | 1h | 186.68 | −0.059% | $932K | $950K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.83 | +0.024% | $228K | $910K | 50x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended SKHY-USD | 0.0000% | 1h | 186.66 | −0.070% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDTshort | 0.0000% | 8h | 186.74 | −0.027% | $198.6M | $423.7M | 50x | |
| Bybit SKHYUSDTlong | 0.0000% | 8h | 186.79 | long leg | $15.5M | $29.7M | 100x | |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.69 | −0.054% | $44.2M | $75.1M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.65 | −0.075% | $25.1M | $20.3M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.65 | −0.077% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.43 | −0.195% | $22K | $219K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 187.02 | +0.123% | $684 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.62 | −0.091% | $155K | $371K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.77 | −0.011% | $1.5M | $1.1M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0018% | 1h | 186.72 | −0.037% | $515K | $2.6M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.71 | −0.043% | $1.0M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.83 | +0.021% | $58K | $164K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.69 | −0.054% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 186.68 | −0.059% | $192K | $271K | 20x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.74 | −0.027% | $41K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 186.77 | −0.011% | $1.1M | $318K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.73 | −0.032% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.72 | −0.037% | $2.2M | $408K | 50x | as long as short |
| Phoenix SKHY | +0.0254% | 1h | 187.25 | +0.246% | $210K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0262% | 1h | 186.83 | +0.021% | $47K | $19K | 20x | as long as short |
Bybit SKHYUSDT
Binance SKHYUSDT
edgeX SKHYUSDC
Bitget SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
Coinbase International SKHY-PERP-INTX
Deribit SKHY_USDC-PERPETUAL
Lighter SKHY
Aster SKHYUSDT
Extended SKHY-USD
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter RH SKHY
Popdex SKHYUSDT
SoDEX SKHY-USD
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD