Funding you earn now, next payment 07:00 UTC+0.0178%/8h= +19.5% APRpaid last 24h +0.007%
Price spread now: SunX against Deribit+0.102%7-day average +0.123% · 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−$152as in the Price arb table
costs, in and out, $10k−$1501.503% of the position
Funding, last 4 days (all we have)+0.013%+$1 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now +0.102%, 7d avg +0.123%
=Funding pays, the price is against you. SunX is 0.022% cheaper against Deribit than usual: you would sell low and buy high (spread +0.102% now, against its 7-day average of +0.123%). If the spread goes back, that is −$2 on $10k: about 10 hours of funding at the current rate (+$5 a day). At the pace of the last 4 days (+0.013% in total) that is about 6.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Deribit SKHY_USDC-PERPETUAL | 186.64 | −0.0178 | get 0.0022% / 1h | 40m 48s | $48K | $340K | 10x |
| Short | SunX SKHY-USDT | 186.83 | 0 | get 0.0000% / 8h | 1h 40m | $684 | $6.1M | 10x |
Deribit SKHY_USDC-PERPETUAL
SunX SKHY-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- $37.47
- Price spread: +0.102% → +0.123%
- −$2.15
- Slippage, 4 orders
- −$135.27
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$114.95
- Costs to cover
- 1.503%
- Break-even
- 28.5 days
Slippage from Deribit: live order book, 3 min ago; SunX: live order book, 8 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 | 6.16 bp | 15.0 bp −$15 | 17.4 bp −$174 | doesn't fit | doesn't fit |
| Sell SunX live order book, 8 min ago | 29.57 bp | 72.7 bp −$73 | doesn't fit | 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 | −0.1134% | 8h | 186.82 | +0.096% | $25.0M | $31.7M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0246% | 4h | 187.00 | +0.192% | $564K | $292K | 10x | as long as short |
| Nado SKHY-PERP | −0.0186% | 1h | 186.76 | +0.065% | $33K | $28K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0182% | 1h | 186.73 | +0.048% | $158.5M | $74.3M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUALlong | −0.0178% | 1h | 186.64 | long leg | $48K | $340K | 10x | |
| Polymarket Perps SKHY-USD | −0.0172% | 1h | 186.52 | −0.064% | $180K | $487K | 10x | as long as short |
| Popdex SKHYUSDT | −0.0152% | 1h | 186.60 | −0.021% | $197K | $274K | 20x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0139% | 1h | 186.77 | +0.067% | $47K | $19K | 20x | as long as short |
| Lighter SKHY | −0.0136% | 1h | 186.70 | +0.032% | $963K | $1.1M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 187.75 | +0.595% | $63K | $902K | 10x | as long as short |
Bitget SKHYUSDT
edgeX SKHYUSDC
Nado SKHY-PERP
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
Popdex SKHYUSDT
Kraken Futures PF_SKHYUSD
Lighter SKHY
Coinbase International SKHY-PERP-INTXShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX SKHY-USD | −0.0049% | 1h | 186.64 | 0.000% | $1.2M | $4.1M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | −0.0037% | 1h | 186.48 | −0.086% | $514K | $2.6M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.90 | +0.139% | $227K | $916K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 186.54 | −0.054% | $54K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 186.80 | +0.086% | $199.5M | $438.1M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.80 | +0.086% | $15.8M | $29.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.79 | +0.080% | $44.6M | $77.5M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.56 | −0.043% | $25.2M | $20.2M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.53 | −0.058% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.65 | +0.006% | $22K | $228K | 10x | as long as short |
| SunX SKHY-USDTshort | 0.0000% | 8h | 186.83 | +0.102% | $684 | $6.1M | 10x | |
| HTX SKHY-USDT | 0.0000% | 8h | 186.48 | −0.086% | $155K | $367K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.62 | −0.011% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.62 | −0.011% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.78 | +0.075% | $58K | $165K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.73 | +0.048% | — | $24K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.62 | −0.011% | $41K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 186.73 | +0.048% | $1.1M | $328K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.52 | −0.064% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.59 | −0.027% | $2.2M | $419K | 50x | as long as short |
| Phoenix SKHY | +0.0213% | 1h | 187.04 | +0.214% | $210K | $115K | 10x | as long as short |
QFEX SKHY-USD
Ondo Perps SKHY-USD.P
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter RH SKHY
Arcus SKHY-USD
Vest SKHY-USD-PERP
SoDEX SKHY-USD
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
BloFin SKHY-USDT
Phoenix SKHY