Funding you earn now, next payment 03:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.016%
Price spread now: tradeXYZ against Deribit−0.052%7-day average −0.038% · 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−$49as in the Price arb table
costs, in and out, $10k−$480.477% of the position
Funding, last 4 days (all we have)+0.026%+$3 on $10k
+Price spread, last 3 days (all we have)+0.021%+$2 · spread now −0.052%, 7d avg −0.038%
=Together, before fees+0.047%+ Points / potential airdroptradeXYZ: Active · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.038%, so right now this pair is about funding alone: +$2 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 | 193.12 | 0 | get 0.0000% / 1h | 50m 36s | $48K | $284K | 10x |
| Short | tradeXYZ xyz:SKHY | 193.02 | 0.0050 | get 0.0006% / 1h | 50m 36s | $162.2M | $66.3M | 10x |
Deribit SKHY_USDC-PERPETUAL
tradeXYZ xyz:SKHYFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $10.5
- Price spread: −0.052% → −0.038%
- −$1.35
- Slippage, 4 orders
- −$22.73
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$38.58
- Costs to cover
- 0.477%
- Break-even
- 32.7 days
Slippage from Deribit: live order book, 13 min ago; tradeXYZ: live order book, 9 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, 13 min ago | 5.96 bp | 11.3 bp −$11 | 13.8 bp −$138 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 9 min ago | 0.52 bp | 9.5 bp −$10 | 10.6 bp −$106 | 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 | −0.0107% | 4h | 193.03 | −0.048% | $582K | $290K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0032% | 1h | 192.90 | −0.114% | $45K | $874K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.09 | −0.016% | $248K | $890K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.01 | −0.058% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.08 | −0.022% | $208.5M | $385.4M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.08 | −0.021% | $15.7M | $27.3M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.05 | −0.036% | $46.9M | $69.3M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.00 | −0.062% | $25.8M | $18.8M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.08 | −0.022% | $1.6M | $1.3M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 193.04 | −0.041% | $23K | $194K | 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 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 193.40 | +0.145% | $708 | $6.4M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUALlong | 0.0000% | 1h | 193.12 | long leg | $48K | $284K | 10x | |
| HTX SKHY-USDT | 0.0000% | 8h | 193.03 | −0.047% | $160K | $368K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.11 | −0.005% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0004% | 1h | 193.02 | −0.052% | $1.2M | $4.3M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.98 | −0.072% | $1.0M | $684K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.98 | −0.072% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 193.04 | −0.041% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.09 | −0.016% | — | $11K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.09 | −0.016% | $198K | $255K | 20x | as long as short |
| tradeXYZ xyz:SKHYshort | +0.0050% | 1h | 193.02 | −0.052% | $162.2M | $66.3M | 10x | |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 193.00 | −0.062% | $189K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 193.07 | −0.026% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 192.96 | −0.083% | $569K | $2.1M | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 193.05 | −0.036% | $1.1M | $290K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.10 | −0.010% | $2K | $4K | 10x | as long as short |
| Nado SKHY-PERP | +0.0123% | 1h | 193.08 | −0.020% | $38K | $26K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0219% | 8h | 193.03 | −0.047% | $25.6M | $26.4M | 20x | as long as short |
| Phoenix SKHY | +0.0332% | 1h | 193.23 | +0.057% | $216K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0545% | 1h | 193.26 | +0.073% | $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
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Ondo Perps SKHY-USD.P
KuCoin SKHYUSDTM
Orderly PERP_SKHY_USDC_mythos
Nado SKHY-PERP
Bitget SKHYUSDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD