Funding you earn now, next payment 09:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h +0.023%
Price spread now: Arcus against Deribit−0.038%7-day average −0.039% · 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−$43as in the Price arb table
costs, in and out, $10k−$440.435% of the position
Funding, last 4 days (all we have)+0.086%+$9 on $10k
+Price spread, last 4 days (all we have)+0.230%+$23 · spread now −0.038%, 7d avg −0.039%
=The price spread sits at its 7-day average of −0.039%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SKHY_USDC-PERPETUAL | 184.68 | 0 | get 0.0000% / 1h | 22m 00s | $47K | $354K | 10x |
| Short | Arcus SKHY-USD | 184.61 | 0.0040 | get 0.0005% / 1h | 22m 00s | $59K | $173K | 10x |
Deribit SKHY_USDC-PERPETUAL
Arcus SKHY-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Deribit. 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: −0.038% → −0.039%
- $0.11
- Slippage, 4 orders
- −$32.02
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$34.95
- Costs to cover
- 0.435%
- Break-even
- 35.9 days
Slippage from Deribit: live order book, 12 min ago; Arcus: live order book, 11 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 Deribit live order book, 12 min ago | 5.97 bp | 16.3 bp −$16 | 19.5 bp −$195 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 11 min ago | 2.44 bp | 7.7 bp −$8 | 12.2 bp −$122 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget SKHYUSDT | −0.1166% | 8h | 184.79 | +0.060% | $25.4M | $35.1M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0875% | 4h | 184.07 | −0.333% | $555K | $290K | 10x | as long as short |
| GRVT SKHY_USDT_Perp | −0.0297% | 8h | 184.17 | −0.276% | $22K | $246K | 10x | as long as short |
| KuCoin SKHYUSDTM | −0.0249% | 8h | 184.58 | −0.054% | $1.1M | $374K | 20x | as long as short |
| Binance SKHYUSDT | −0.0058% | 8h | 184.80 | +0.063% | $195.9M | $465.3M | 50x | as long as short |
| Extended SKHY-USD | −0.0056% | 1h | 184.67 | −0.005% | $53K | $7K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0054% | 1h | 184.68 | 0.000% | $156.5M | $77.9M | 10x | as long as short |
| Nado SKHY-PERP | −0.0036% | 1h | 184.71 | +0.014% | $32K | $28K | 10x | as long as short |
| Variational Omni SKHY | −0.0033% | 8h | 184.02 | −0.358% | $1.6M | $1.0M | — | as long as short |
| QFEX SKHY-USD | −0.0028% | 1h | 184.65 | −0.016% | $1.2M | $4.3M | 10x | as long as short |
Bitget SKHYUSDT
edgeX SKHYUSDC
GRVT SKHY_USDT_Perp
KuCoin SKHYUSDTM
Binance SKHYUSDT
Extended SKHY-USD
tradeXYZ xyz:SKHY
Nado SKHY-PERP
Variational Omni SKHY
QFEX SKHY-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit SKHYUSDT | −0.0024% | 8h | 184.82 | +0.076% | $16.0M | $33.3M | 100x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 184.61 | −0.039% | $265K | $951K | 50x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 184.80 | +0.065% | $43.7M | $82.1M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 184.78 | +0.054% | $25.6M | $21.7M | 75x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 184.91 | +0.125% | $677 | $5.9M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUALlong | 0.0000% | 1h | 184.68 | long leg | $47K | $354K | 10x | |
| HTX SKHY-USDT | 0.0000% | 8h | 184.67 | −0.005% | $153K | $375K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 184.70 | +0.011% | $1.5M | $1.1M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0024% | 1h | 183.79 | −0.482% | $66K | $756K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0025% | 1h | 184.08 | −0.325% | $511K | $2.6M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 184.66 | −0.011% | $981K | $1.3M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 184.60 | −0.043% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USDshort | +0.0040% | 1h | 184.61 | −0.038% | $59K | $173K | 10x | |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 184.52 | −0.087% | — | $38K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 184.65 | −0.016% | $199K | $295K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 184.65 | −0.016% | $178K | $451K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 184.50 | −0.097% | $41K | $12K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0059% | 8h | 184.45 | −0.125% | $2.1M | $444K | 50x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 184.53 | −0.081% | $2K | $4K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0171% | 1h | 184.77 | +0.050% | $47K | $20K | 20x | as long as short |
| Phoenix SKHY | +0.0215% | 1h | 184.36 | −0.173% | $207K | $123K | 10x | as long as short |
Bybit SKHYUSDT
Aster SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Coinbase International SKHY-PERP-INTX
Ondo Perps SKHY-USD.P
Lighter SKHY
Lighter RH SKHY
Vest SKHY-USD-PERP
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
BloFin SKHY-USDT
Orderly PERP_SKHY_USDC_mythos
Kraken Futures PF_SKHYUSD
Phoenix SKHY