Funding you earn now, next payment 07:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.012%
Price spread now: Arcus against Gate+0.059%7-day average −0.001% · 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−$39as in the Price arb table
costs, in and out, $10k−$450.448% of the position
Funding, last 4 days (all we have)+0.072%+$7 on $10k
+Price spread, last 4 days (all we have)−0.011%−$1 · spread now +0.059%, 7d avg −0.001%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.059% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.001%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SKHY_USDT | 187.79 | 0 | get 0.0000% / 8h | 1h 57m | $25.3M | $20.0M | 75x |
| Short | Arcus SKHY-USD | 187.90 | 0.0040 | get 0.0005% / 1h | 57m 33s | $58K | $164K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Gate. 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
- $8.46
- Price spread: +0.059% → −0.001%
- $5.95
- Slippage, 4 orders
- −$25.27
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$30.37
- Costs to cover
- 0.448%
- Break-even
- 32.1 days
Slippage from Gate: live order book, 1 min ago; Arcus: live order book, 51 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 Gate live order book, 1 min ago | 1.33 bp | 14.5 bp −$14 | 19.9 bp −$199 | 27.3 bp −$2,733 | 50.2 bp −$25.1K |
| Sell Arcus live order book, 51 min ago | 4.24 bp | 9.5 bp −$10 | 16.3 bp −$163 | 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 | −0.1066% | 8h | 187.88 | +0.048% | $25.1M | $31.5M | 20x | as long as short |
| edgeX SKHYUSDC | −0.0439% | 4h | 187.85 | +0.029% | $566K | $290K | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | −0.0335% | 1h | 187.98 | +0.101% | $48K | $337K | 10x | as long as short |
| Nado SKHY-PERP | −0.0186% | 1h | 187.93 | +0.073% | $33K | $28K | 10x | as long as short |
| tradeXYZ xyz:SKHY | −0.0154% | 1h | 187.86 | +0.037% | $159.4M | $74.3M | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | −0.0138% | 1h | 187.97 | +0.095% | $47K | $19K | 20x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0104% | 1h | 187.87 | +0.043% | $62K | $901K | 10x | as long as short |
| Polymarket Perps SKHY-USD | −0.0080% | 1h | 187.96 | +0.091% | $182K | $487K | 10x | as long as short |
| Lighter SKHY | −0.0072% | 1h | 187.82 | +0.016% | $930K | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | −0.0049% | 1h | 187.72 | −0.037% | $1.2M | $4.1M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Popdex SKHYUSDT | −0.0048% | 1h | 187.81 | +0.011% | $197K | $273K | 20x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 187.78 | −0.006% | $228K | $916K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 187.74 | −0.025% | $55K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 187.78 | −0.005% | $201.3M | $435.1M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 187.83 | +0.021% | $15.9M | $30.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 187.77 | −0.011% | $44.7M | $77.6M | 50x | as long as short |
| Gate SKHY_USDTlong | 0.0000% | 8h | 187.79 | long leg | $25.3M | $20.0M | 75x | |
| Variational Omni SKHY | 0.0000% | 8h | 188.08 | +0.155% | $1.6M | $1.0M | — | as long as short |
| GRVT SKHY_USDT_Perp | 0.0000% | 8h | 188.05 | +0.136% | $22K | $225K | 10x | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 188.23 | +0.234% | $689 | $6.1M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 187.83 | +0.021% | $156K | $370K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 187.80 | +0.005% | $1.5M | $1.1M | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 187.83 | +0.021% | $1.1M | $1.6M | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0038% | 1h | 187.96 | +0.091% | $517K | $2.6M | 10x | as long as short |
| Arcus SKHY-USDshort | +0.0040% | 1h | 187.90 | +0.059% | $58K | $164K | 10x | |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 188.10 | +0.165% | — | $22K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 187.85 | +0.032% | $41K | $13K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 187.88 | +0.048% | $1.1M | $327K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 187.92 | +0.069% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 187.85 | +0.032% | $2.1M | $419K | 50x | as long as short |
| Phoenix SKHY | +0.0254% | 1h | 188.28 | +0.261% | $211K | $115K | 10x | as long as short |
Gate SKHY_USDT
Bitget SKHYUSDT
edgeX SKHYUSDC
Deribit SKHY_USDC-PERPETUAL
tradeXYZ xyz:SKHY
Kraken Futures PF_SKHYUSD
Coinbase International SKHY-PERP-INTX
Polymarket Perps SKHY-USD
Lighter SKHY
Popdex SKHYUSDT
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Variational Omni SKHY
GRVT SKHY_USDT_Perp
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter RH SKHY
SoDEX SKHY-USD
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Phoenix SKHY