Funding you earn now, next payment 04:00 UTC−0.0010%/8h= −1.1% APRpaid last 24h +0.006%
Price spread now: Bitget against Deribit0.000%7-day average −0.013% · 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−$43as in the Price arb table
costs, in and out, $10k−$450.448% of the position
Funding, last 4 days (all we have)+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)+0.029%+$3 · spread now 0.000%, 7d avg −0.013%
=The price spread sits at its 7-day average of −0.013%, so right now this pair is about funding alone: $0 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 | 193.21 | 0.0164 | pay 0.0021% / 1h | 23m 56s | $49K | $319K | 10x |
| Short | Bitget SKHYUSDT | 193.21 | 0.0154 | get 0.0154% / 8h | 4h 23m | $25.3M | $26.9M | 20x |
Deribit SKHY_USDC-PERPETUAL
Bitget SKHYUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$2.15
- Price spread: 0.000% → −0.013%
- $1.29
- Slippage, 4 orders
- −$25.76
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$45.62
- Costs to cover
- 0.448%
- Break-even
- never at this rate
Slippage from Deribit: live order book, 35 min ago; Bitget: live order book, 5 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, 35 min ago | 4.40 bp | 12.5 bp −$13 | 16.4 bp −$164 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 0.26 bp | 8.7 bp −$9 | 18.6 bp −$186 | 24.9 bp −$2,486 | 41.9 bp −$21.0K |
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 | −0.0827% | 4h | 193.20 | −0.006% | $582K | $290K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0048% | 1h | 192.84 | −0.192% | $45K | $861K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.16 | −0.024% | $249K | $889K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.20 | −0.005% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.25 | +0.021% | $204.5M | $393.3M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.23 | +0.010% | $15.7M | $27.6M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.23 | +0.010% | $46.9M | $70.2M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.19 | −0.010% | $25.8M | $18.9M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.10 | −0.057% | $1.6M | $1.1M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 193.21 | +0.002% | $23K | $203K | 10x | as long as short |
edgeX SKHYUSDC
Coinbase International SKHY-PERP-INTX
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_PerpShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 193.50 | +0.150% | $708 | $6.2M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 193.10 | −0.057% | $161K | $370K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.22 | +0.005% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0015% | 1h | 193.16 | −0.026% | $1.2M | $4.0M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 193.09 | −0.062% | $1.0M | $688K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 193.09 | −0.062% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 193.12 | −0.047% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.13 | −0.041% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.21 | 0.000% | $202K | $256K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 193.11 | −0.052% | $161.5M | $67.7M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 193.11 | −0.052% | $189K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 193.16 | −0.026% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 193.07 | −0.072% | $588K | $2.4M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 193.14 | −0.036% | $1.1M | $310K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.20 | −0.005% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.21 | 0.000% | $2.2M | $438K | 50x | as long as short |
| Nado SKHY-PERP | +0.0143% | 1h | 193.15 | −0.030% | $38K | $26K | 10x | as long as short |
| Bitget SKHYUSDTshort | +0.0154% | 8h | 193.21 | 0.000% | $25.3M | $26.9M | 20x | |
| Deribit SKHY_USDC-PERPETUALlong | +0.0164% | 1h | 193.21 | long leg | $49K | $319K | 10x | |
| Phoenix SKHY | +0.0372% | 1h | 193.37 | +0.083% | $217K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.1057% | 1h | 193.28 | +0.035% | $49K | $19K | 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
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Nado SKHY-PERP
Phoenix SKHY
Kraken Futures PF_SKHYUSD