Funding you earn now, next payment 03:00 UTC+0.0040%/8h= +4.4% APRpaid last 24h +0.012%
Price spread now: Arcus against GRVT+0.004%7-day average −0.046% · 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−$27as in the Price arb table
costs, in and out, $10k−$320.317% of the position
Funding, last 4 days (all we have)+0.054%+$5 on $10k
+Price spread, last 4 days (all we have)−0.337%−$34 · spread now +0.004%, 7d avg −0.046%
=Together, before fees−0.283%+ Points / potential airdropGRVT: Active · farm board−$28 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Arcus is 0.049% dearer against GRVT than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.046%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT SKHY_USDT_Perp | 192.98 | 0 | get 0.0000% / 8h | 5h 07m | $22K | $198K | 10x |
| Short | Arcus SKHY-USD | 192.99 | 0.0040 | get 0.0005% / 1h | 7m 09s | $57K | $154K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against GRVT. 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: +0.004% → −0.046%
- $4.95
- Slippage, 4 orders
- −$18.16
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$18.25
- Costs to cover
- 0.317%
- Break-even
- 22.1 days
Slippage from GRVT: live order book, 55 min ago; Arcus: live order book, 56 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 GRVT live order book, 55 min ago | 1.30 bp | 5.8 bp −$6 | 10.4 bp −$104 | doesn't fit | doesn't fit |
| Sell Arcus live order book, 56 min ago | 4.41 bp | 9.9 bp −$10 | 20.1 bp −$201 | 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 | −0.0868% | 4h | 192.94 | −0.024% | $582K | $290K | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | −0.0032% | 1h | 192.90 | −0.043% | $45K | $874K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 193.00 | +0.009% | $249K | $889K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.03 | +0.025% | $56K | $7K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.09 | +0.055% | $205.3M | $392.8M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.11 | +0.066% | $15.8M | $27.4M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.09 | +0.055% | $46.7M | $70.0M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.04 | +0.029% | $25.8M | $19.1M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.00 | +0.007% | $1.6M | $1.2M | — | as long as short |
| GRVT SKHY_USDT_Perplong | 0.0000% | 8h | 192.98 | long leg | $22K | $198K | 10x |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SunX SKHY-USDT | 0.0000% | 8h | 193.37 | +0.200% | $708 | $6.3M | 10x | as long as short |
| HTX SKHY-USDT | 0.0000% | 8h | 193.03 | +0.024% | $161K | $368K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.07 | +0.045% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0004% | 1h | 192.99 | +0.004% | $1.2M | $4.3M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 193.03 | +0.024% | $1.0M | $696K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 193.01 | +0.014% | $1.1M | $1.6M | 10x | as long as short |
| Arcus SKHY-USDshort | +0.0040% | 1h | 192.99 | +0.004% | $57K | $154K | 10x | |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.00 | +0.009% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.06 | +0.040% | $200K | $256K | 20x | as long as short |
| tradeXYZ xyz:SKHY | +0.0050% | 1h | 192.99 | +0.004% | $161.5M | $67.4M | 10x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 192.94 | −0.022% | $189K | $456K | 10x | as long as short |
| SoDEX SKHY-USD | +0.0050% | 1h | 193.02 | +0.019% | $43K | $13K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 192.98 | −0.002% | $567K | $2.2M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0061% | 1h | 193.14 | +0.081% | $49K | $303K | 10x | as long as short |
| KuCoin SKHYUSDTM | +0.0100% | 8h | 192.98 | −0.002% | $1.1M | $296K | 20x | as long as short |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.05 | +0.035% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.06 | +0.040% | $2.2M | $437K | 50x | as long as short |
| Nado SKHY-PERP | +0.0171% | 1h | 192.99 | +0.002% | $38K | $26K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0180% | 8h | 193.05 | +0.035% | $25.4M | $26.8M | 20x | as long as short |
| Phoenix SKHY | +0.0332% | 1h | 193.15 | +0.086% | $216K | $124K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0545% | 1h | 193.21 | +0.119% | $51K | $17K | 20x | as long as short |
GRVT SKHY_USDT_Perp
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
SunX SKHY-USDT
HTX SKHY-USDT
Phemex SKHYUSDT
Lighter SKHY
Lighter RH SKHY
Popdex SKHYUSDT
tradeXYZ xyz:SKHY
Polymarket Perps SKHY-USD
SoDEX SKHY-USD
Deribit SKHY_USDC-PERPETUAL
KuCoin SKHYUSDTM
BloFin SKHY-USDT
Bitget SKHYUSDT
Phoenix SKHY
Kraken Futures PF_SKHYUSD