Funding you earn now, next payment 08:00 UTC+0.0179%/8h= +19.6% APRnext payment +$0.22 per $10,000 · paid last 24h −0.008%
Price spread now: Deribit against Extended+0.037%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Deribit is 0.037% dearer against Extended than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended SKHY-USD | 186.35 | 0 | get 0.0000% / 1h | 16m 15s | $54K | $7K | 10x |
| Short | Deribit SKHY_USDC-PERPETUAL | 186.42 | 0.0179 | get 0.0022% / 1h | 16m 15s | $49K | $347K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit against Extended. 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
- $37.66
- Price spread: +0.037% → 0.000%
- $3.69
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- $29.35
- Costs to cover
- 0.120%
- Break-even
- 1.5 days
Slippage unknown: Extended: no order-book sample; Deribit: live order book, 22 min ago. Net counts fees only.
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 Extended no order-book sample | — | — | — | — | — |
| Sell Deribit live order book, 22 min ago | 6.70 bp | 10.2 bp −$10 | 15.6 bp −$156 | doesn't fit | doesn't fit |
Extended: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.1244% | 8h | 186.62 | +0.144% | $25.6M | $33.3M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0805% | 4h | 186.49 | +0.075% | $562K | $291K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0266% | 1h | 186.42 | +0.037% | $48K | $21K | 20x | as long as short |
| tradeXYZ xyz:SKHY | −0.0166% | 1h | 186.39 | +0.021% | $158.3M | $76.9M | 10x | as long as short |
| Nado SKHY-PERP | −0.0142% | 1h | 186.36 | +0.003% | $33K | $28K | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0081% | 1h | 186.34 | −0.006% | $180K | $486K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0072% | 1h | 187.58 | +0.659% | $68K | $803K | 10x | as long as short |
| QFEX SKHY-USD | −0.0061% | 1h | 186.41 | +0.032% | $1.2M | $4.3M | 10x | as long as short |
| Popdex SKHYUSDT | −0.0056% | 1h | 186.43 | +0.042% | $204K | $287K | 20x | as long as short |
| KuCoin SKHYUSDTM | −0.0053% | 8h | 186.38 | +0.015% | $1.1M | $342K | 20x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter SKHY | −0.0008% | 1h | 186.27 | −0.044% | $973K | $1.2M | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 186.42 | +0.036% | $223K | $899K | 50x | as long as short |
| Extended SKHY-USDlong | 0.0000% | 1h | 186.35 | long leg | $54K | $7K | 10x | |
| Binance SKHYUSDT | 0.0000% | 8h | 186.42 | +0.036% | $200.1M | $452.0M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 186.42 | +0.037% | $16.6M | $29.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 186.26 | −0.049% | $44.6M | $79.8M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 186.31 | −0.022% | $25.5M | $21.1M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 186.36 | +0.006% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 186.56 | +0.112% | $22K | $236K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 186.70 | +0.187% | $683 | $6.1M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 186.32 | −0.017% | $155K | $363K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 186.36 | +0.005% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 186.27 | −0.044% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 186.40 | +0.026% | $60K | $171K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 186.36 | +0.005% | — | $32K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0048% | 1h | 186.40 | +0.026% | $520K | $2.6M | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 186.34 | −0.006% | $41K | $12K | 10x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 186.40 | +0.026% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 186.38 | +0.015% | $2.2M | $426K | 50x | as long as short |
| Phoenix SKHY | +0.0129% | 1h | 186.63 | +0.150% | $209K | $123K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUALshort | +0.0179% | 1h | 186.42 | +0.037% | $49K | $347K | 10x |
Extended SKHY-USD
Deribit SKHY_USDC-PERPETUAL
Bitget SKHYUSDT
edgeX SKHYUSDC
Kraken Futures PF_SKHYUSD
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
Coinbase International SKHY-PERP-INTX
Popdex SKHYUSDT
KuCoin SKHYUSDTM
Lighter SKHY
Aster SKHYUSDT
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Gate SKHY_USDT
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter RH SKHY
SoDEX SKHY-USD
BloFin SKHY-USDT
Phoenix SKHY