Funding you earn now, next payment 02:00 UTC−0.0061%/8h= −6.7% APRpaid last 24h +0.009%
Price spread now: Aster against Deribit−0.033%7-day average −0.009% · 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−$45as in the Price arb table
costs, in and out, $10k−$420.423% of the position
Funding, last 4 days (all we have)+0.021%+$2 on $10k
+Price spread, last 3 days (all we have)+0.035%+$3 · spread now −0.033%, 7d avg −0.009%
=Together, before fees+0.055%+ Points / potential airdropAster: Stage 5 · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Aster is 0.024% cheaper against Deribit than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.009%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SKHY_USDC-PERPETUAL | 192.90 | 0.0061 | pay 0.0008% / 1h | 0m 28s | $48K | $277K | 10x |
| Short | Aster SKHYUSDT | 192.84 | 0 | get 0.0000% / 8h | 6h 00m | $248K | $890K | 50x |
Deribit SKHY_USDC-PERPETUAL
Aster SKHYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster 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
- −$12.84
- Price spread: −0.033% → −0.009%
- −$2.4
- Slippage, 4 orders
- −$27.32
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$57.55
- Costs to cover
- 0.423%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 3 min ago; Aster: live order book, 2 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, 3 min ago | 5.96 bp | 11.3 bp −$11 | 13.8 bp −$138 | doesn't fit | doesn't fit |
| Sell Aster live order book, 2 min ago | 1.29 bp | 6.7 bp −$7 | 34.7 bp −$347 | doesn't fit | doesn't fit |
SKHY on 30 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 | −0.0506% | 4h | 192.85 | −0.027% | $581K | $291K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 192.90 | 0.000% | $45K | $874K | 10x | as long as short |
| Aster SKHYUSDTshort | 0.0000% | 8h | 192.84 | −0.033% | $248K | $890K | 50x | |
| Extended SKHY-USD | 0.0000% | 1h | 192.79 | −0.055% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 192.85 | −0.026% | $208.6M | $386.0M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 192.86 | −0.021% | $15.7M | $27.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 192.80 | −0.052% | $46.7M | $69.0M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 192.80 | −0.052% | $25.8M | $19.0M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 192.91 | +0.006% | $1.6M | $1.4M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 192.94 | +0.020% | $23K | $193K | 10x | as long as short |
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_PerpShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 193.21 | +0.161% | $707 | $6.5M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 192.80 | −0.052% | $160K | $368K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 192.90 | 0.000% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0002% | 1h | 192.80 | −0.052% | $1.2M | $4.4M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.77 | −0.067% | $1.0M | $693K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.76 | −0.073% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 192.79 | −0.057% | $57K | $155K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 192.82 | −0.041% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 192.86 | −0.021% | $198K | $256K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 192.77 | −0.067% | $162.0M | $66.2M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 192.82 | −0.041% | $188K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 192.85 | −0.026% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 192.80 | −0.052% | $557K | $2.0M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUALlong | +0.0061% | 1h | 192.90 | long leg | $48K | $277K | 10x | |
| Nado SKHY-PERP | +0.0068% | 1h | 192.87 | −0.018% | $38K | $26K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 192.84 | −0.031% | $1.1M | $288K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 192.94 | +0.021% | $2K | $4K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0190% | 8h | 192.84 | −0.031% | $25.5M | $26.4M | 20x | as long as short |
| Phoenix SKHY | +0.0331% | 1h | 192.91 | +0.005% | $216K | $123K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0706% | 1h | 193.05 | +0.076% | $51K | $17K | 20x | as long as short |
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
QFEX SKHY-USD
Lighter SKHY
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
Nado SKHY-PERP
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
Bitget SKHYUSDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD