Funding you earn now, next payment 01:00 UTC−0.0060%/8h= −6.5% APRpaid last 24h +0.005%
Price spread now: Arcus against KuCoin−0.021%7-day average −0.006% · 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−$88as in the Price arb table
costs, in and out, $10k−$860.864% of the position
Funding, last 3 days (all we have)+0.009%+$1 on $10k
+Price spread, last 4 days (all we have)+0.080%+$8 · spread now −0.021%, 7d avg −0.006%
=The price spread sits at its 7-day average of −0.006%, 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 | KuCoin SKHYUSDTM | 193.10 | 0.0100 | pay 0.0100% / 8h | 7h 25m | $1.1M | $277K | 20x |
| Short | Arcus SKHY-USD | 193.06 | 0.0040 | get 0.0005% / 1h | 25m 12s | $57K | $153K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against KuCoin. 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
- −$12.54
- Price spread: −0.021% → −0.006%
- −$1.43
- Slippage, 4 orders
- −$69.92
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$100.4
- Costs to cover
- 0.864%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 5 min ago; Arcus: live order book, 48 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 KuCoin live order book, 5 min ago | 2.34 bp | 36.2 bp −$36 | doesn't fit | doesn't fit | doesn't fit |
| Sell Arcus live order book, 48 min ago | 2.64 bp | 12.5 bp −$12 | 36.4 bp −$364 | 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 | −0.0214% | 4h | 193.23 | +0.069% | $583K | $289K | 10x | as long as short |
| Nado SKHY-PERP | −0.0003% | 1h | 193.24 | +0.071% | $29K | $2K | 10x | as long as short |
| Aster SKHYUSDT | 0.0000% | 8h | 192.94 | −0.085% | $248K | $921K | 50x | as long as short |
| Extended SKHY-USD | 0.0000% | 1h | 193.27 | +0.090% | $56K | $6K | 10x | as long as short |
| Binance SKHYUSDT | 0.0000% | 8h | 193.26 | +0.083% | $212.7M | $382.7M | 50x | as long as short |
| Bybit SKHYUSDT | 0.0000% | 8h | 193.32 | +0.114% | $15.7M | $27.1M | 100x | as long as short |
| OKX SKHY-USDT-SWAP | 0.0000% | 8h | 193.32 | +0.114% | $47.0M | $67.6M | 50x | as long as short |
| Gate SKHY_USDT | 0.0000% | 8h | 193.24 | +0.073% | $25.9M | $18.3M | 75x | as long as short |
| Variational Omni SKHY | 0.0000% | 8h | 193.27 | +0.090% | $1.6M | $2.3M | — | as long as short |
| SunX SKHY-USDT | 0.0000% | 8h | 193.61 | +0.264% | $709 | $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 | |
|---|---|---|---|---|---|---|---|---|
| HTX SKHY-USDT | 0.0000% | 8h | 193.28 | +0.093% | $160K | $386K | 50x | as long as short |
| Phemex SKHYUSDT | 0.0000% | 8h | 193.23 | +0.067% | $1.5M | $1.1M | 10x | as long as short |
| QFEX SKHY-USD | +0.0005% | 1h | 193.22 | +0.062% | $1.2M | $5.0M | 10x | as long as short |
| Lighter SKHY | +0.0032% | 1h | 193.19 | +0.047% | $1.0M | $667K | 10x | as long as short |
| Lighter RH SKHY | +0.0032% | 1h | 193.15 | +0.026% | $1.1M | $1.5M | 10x | as long as short |
| Arcus SKHY-USDshort | +0.0040% | 1h | 193.06 | −0.021% | $57K | $153K | 10x | |
| Vest SKHY-USD-PERP | +0.0046% | 1h | 193.28 | +0.093% | — | $12K | 10x | as long as short |
| Popdex SKHYUSDT | +0.0048% | 1h | 193.30 | +0.104% | $197K | $256K | 20x | as long as short |
| Polymarket Perps SKHY-USD | +0.0050% | 1h | 193.20 | +0.052% | $190K | $454K | 10x | as long as short |
| Ondo Perps SKHY-USD.P | +0.0050% | 1h | 193.26 | +0.083% | $555K | $1.7M | 10x | as long as short |
| Deribit SKHY_USDC-PERPETUAL | +0.0060% | 1h | 193.31 | +0.109% | $47K | $268K | 10x | as long as short |
| tradeXYZ xyz:SKHY | +0.0074% | 1h | 193.21 | +0.057% | $165.6M | $64.7M | 10x | as long as short |
| Coinbase International SKHY-PERP-INTX | +0.0088% | 1h | 192.17 | −0.482% | $117K | $803K | 10x | as long as short |
| KuCoin SKHYUSDTMlong | +0.0100% | 8h | 193.10 | long leg | $1.1M | $277K | 20x | |
| Orderly PERP_SKHY_USDC_mythos | +0.0100% | 8h | 193.27 | +0.088% | $2K | $4K | 10x | as long as short |
| BloFin SKHY-USDT | +0.0120% | 8h | 193.29 | +0.098% | $2.2M | $446K | 50x | as long as short |
| SoDEX SKHY-USD | +0.0125% | 1h | 193.26 | +0.083% | $43K | $13K | 10x | as long as short |
| Bitget SKHYUSDT | +0.0184% | 8h | 193.33 | +0.119% | $25.7M | $26.6M | 20x | as long as short |
| Phoenix SKHY | +0.0335% | 1h | 192.76 | −0.176% | $217K | $120K | 10x | as long as short |
| GRVT SKHY_USDT_Perp | +0.0479% | 8h | 193.36 | +0.133% | $23K | $195K | 10x | as long as short |
| Kraken Futures PF_SKHYUSD | +0.0707% | 1h | 193.44 | +0.177% | $51K | $22K | 20x | as long as short |
KuCoin SKHYUSDTM
edgeX SKHYUSDC
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
Polymarket Perps SKHY-USD
Deribit SKHY_USDC-PERPETUAL
tradeXYZ xyz:SKHY
Coinbase International SKHY-PERP-INTX
BloFin SKHY-USDT
SoDEX SKHY-USD
Bitget SKHYUSDT
Phoenix SKHY
GRVT SKHY_USDT_Perp
Kraken Futures PF_SKHYUSD