Funding you earn now, next payment 01:00 UTC0.0000%/8h= 0.0% APRpaid last 24h −0.016%
Price spread now: Deribit against Gate−0.078%7-day average +0.037% · 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−$65as in the Price arb table
costs, in and out, $10k−$530.532% of the position
Funding, last 4 days (all we have)−0.010%−$1 on $10k
+Price spread, last 3 days (all we have)+0.128%+$13 · spread now −0.078%, 7d avg +0.037%
=Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Deribit is 0.115% cheaper against Gate than usual: you would sell low and buy high, −$12 on $10k if it goes back to its 7-day average of +0.037%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SKHY_USDT | 192.42 | 0 | get 0.0000% / 8h | 7h 33m | $25.9M | $17.9M | 75x |
| Short | Deribit SKHY_USDC-PERPETUAL | 192.27 | 0 | get 0.0000% / 1h | 33m 07s | $47K | $265K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Deribit 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
- $0
- Price spread: −0.078% → +0.037%
- −$11.52
- Slippage, 4 orders
- −$31.15
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$64.67
- Costs to cover
- 0.532%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Deribit: live order book, 40 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 | 0.26 bp | 12.7 bp −$13 | 21.9 bp −$219 | 27.2 bp −$2,720 | 53.9 bp −$26.9K |
| Sell Deribit live order book, 40 min ago | 10.29 bp | 15.4 bp −$15 | 18.7 bp −$187 | 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX SKHYUSDC | −0.0222% | 4h | 192.55 | +0.066% | $580K | $290K | 10x | as long as short |
| Nado SKHY-PERP | −0.0014% | 1h | 192.24 | −0.095% | $29K | $2K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 192.17 | −0.129% | $247K | $921K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 192.08 | −0.174% | $56K | $6K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 192.46 | +0.021% | $212.3M | $382.2M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 192.55 | +0.068% | $15.6M | $27.1M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 192.63 | +0.109% | $47.0M | $66.9M | 50x | as long as short |
| Gate SKHY_USDTlong | 0.0000% | 8h | 192.42 | long leg | $25.9M | $17.9M | 75x | |
| Variational Omni SKHY | 0.0000% | 8h | 192.66 | +0.122% | $1.6M | $2.3M | — | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 192.58 | +0.083% | $705 | $6.8M | 10x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Deribit SKHY_USDC-PERPETUALshort | 0.0000% | 1h | 192.27 | −0.078% | $47K | $265K | 10x | |
| HTX SKHY-USDT | 0.0000% | 8h | 192.28 | −0.073% | $159K | $385K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 192.29 | −0.068% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0005% | 1h | 192.19 | −0.120% | $1.2M | $5.1M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 192.20 | −0.114% | $1.0M | $653K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 192.17 | −0.130% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USD | +0.0040% | 1h | 192.53 | +0.057% | $57K | $154K | 10x | as long as short |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 192.30 | −0.062% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 192.22 | −0.104% | $196K | $257K | 20x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 192.23 | −0.099% | $567K | $1.7M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0061% | 1h | 192.16 | −0.135% | $189K | $454K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0085% | 8h | 192.20 | −0.114% | $1.1M | $276K | 20x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0088% | 1h | 192.17 | −0.130% | $117K | $803K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0094% | 8h | 192.35 | −0.036% | $25.5M | $26.4M | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 192.19 | −0.120% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 192.34 | −0.042% | $2.2M | $425K | 50x | as long as short |
| tradeXYZ xyz:SKHY | +0.0151% | 1h | 192.41 | −0.005% | $165.4M | $63.6M | 10x | as long as short |
| SoDEX SKHY-USD | +0.0153% | 1h | 192.26 | −0.083% | $43K | $13K | 10x | as long as short |
| Phoenix SKHY | +0.0335% | 1h | 192.93 | +0.265% | $218K | $120K | 10x | as long as short |
| GRVT SKHY_USDT_Perp | +0.0423% | 8h | 192.41 | −0.005% | $22K | $197K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0711% | 1h | 192.42 | +0.002% | $51K | $25K | 20x | as long as short |
Gate SKHY_USDT
Deribit SKHY_USDC-PERPETUAL
edgeX SKHYUSDC
Aster SKHYUSDT
Extended SKHY-USD
Binance SKHYUSDT
Bybit SKHYUSDT
OKX SKHY-USDT-SWAP
Variational Omni SKHY
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
Polymarket Perps SKHY-USD
KuCoin SKHYUSDTM
Coinbase International SKHY-PERP-INTX
Bitget SKHYUSDT
BloFin SKHY-USDT
tradeXYZ xyz:SKHY
SoDEX SKHY-USD
Phoenix SKHY
GRVT SKHY_USDT_Perp
Kraken Futures PF_SKHYUSD